The tasks of group accountants are varied and highly demanding. Group accountants work in the accounting departments of companies and are responsible for consolidation processes and financial statements of various subsidiaries. They have to apply a wide variety of evaluation and consolidation methods and to deal with issues related to accounting policy. Depending on their experience, they work as junior or senior group accountants.
Group accountants with an academic degree in economics and/or a balance sheet accountant's qualification have good prospects on the job market. Several years of professional experience at an auditing or tax consulting company or in the consolidation area of an industrial company is an advantage. Excellent knowledge of IFRS, the German Commercial Code (HGB) and MS Office as well as fluent oral and writing skills in English also further increase their chances.
Group accountants are responsible for the preparation of monthly, quarterly and annual financial statements according to HGB and IFRS and, at certain companies, also for the support of the subsidiaries abroad. In addition, they monitor and coordinate the individual budgets and are in charge of financial planning.
Group accountants require an academic degree in business administration or economics or a similar qualification with specialisation in finance and accounting/taxation. Sound knowledge of HGB and IFRS is essential as well.
Depending on industry, location, experience and position, the annual salary of group accountants amounts to between EUR 40,000 and EUR 80,000.
As a group accountant with excellent skills, you have great prospects. Taking into account your qualifications, skills and interests, we will help you find your dream position. Learn more about the benefits of finding a job with Hays!
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