Landing a high-flying profession in the accounting domain requires more than just theoretical knowledge from your university. There are far more graduates applying for accounting internships than available positions. It is imperative to mention that you must stand out from the rest to be hired by a reputed organisation.
Whether you are pursuing a degree in accounting or wishing to switch your career, you can explore your skills and interests with the help of internships.
Many internship programs allow you to gain an abundance of experience. Internships are now the talk of the town because they make you a professional person and lay a solid foundation for a successful career. Let’s discuss the essential skills for an accounting internship.
Attention To Detail
If you are the one to work with numbers and utilise your potential to the core, accounting is the best profession. The critical skill for this profession is to be detail-oriented, where your dedication will never be overlooked.
Roles and responsibilities of daily tasks are designed to function smoothly and effectively. As an intern, your work will be required to check twice. You need to calculate each penny in decimals for precise data. Also, you will be assigned to record and examine financial information.
Timeliness And Reliability
Companies look for the top skills in candidates for commencing accounting internships, including-
- Attention to Details
- Task Follow-Ups
- Team Engagements
In the accounting industry, the End of the Financial Year and Tax season play the role of essential deadlines, and therefore interns need to value others’ time and work smarter.
Logical Thinking And Problem-Solving Ability
If you are the one who loves to
- Solve puzzles
- Strategy games with extraordinary speed
- Finding solutions to financial problems
Then you will be the perfect fit for the company. As an accountant, you will be responsible for solving clients’ financial situations by utilising your logical thinking skills. Companies lookout for these skills, and as an intern, you need to hone them practically during an accounting internship to make an impactful career in your life.
Why are companies looking for communication skills in the intern? A good accountant should be people-oriented, discuss financial matters with clients without reluctance, and improve their short-term thinking. Communication is the skill where you don’t just speak but also listen. Enhance your listening skills to solutions to clients’ problems resulting in reaching their financial goals.
Accountancy requires a solid understanding of mathematical competency to finish daily tasks or projects. An individual should be interested in analysing statistics and knowing technical tricks to work with excel spreadsheets.
The ability of fairness and impartiality is an essential characteristic of the accounting industry. Accountants work with confidential information incorporating bank account numbers and employees’ salaries to deal with tax, financial, and property law.
They should follow ethics and should not pass on crucial information. Companies do not want unprofessional behaviour like disseminating clients’ confidential information or doing work inappropriately.
So yes, these were the vital traits searched by the companies in the student and the interns who want to grab an excellent opportunity to undergo numerous internship programs.
Many programs like the Education Centre of Australia (ECA) Internships will guide you to exert your theoretical knowledge in a practical field and give you the experience of working in a professional environment.