RecordMove

Audit supervisor to accounting analyst

An audit supervisor already meets 33% of what the accounting analyst role asks for. The move turns on 11 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional

From audit supervisor

Distant match

To accounting analyst

11 You already bring

11 Still to learn

39 Skills in the target role2

Learning distance Substantial retraining

66.3/ 100

adjacentmoderatesubstantialcareer change

1 How much of what an accounting analyst is expected to do is already part of an audit supervisor’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the accounting analyst role is recorded as needing, required and optional together. What these numbers mean.

Why

Why this move works

An accounting analyst role treats 7 of its required skills as things an audit supervisor already does. You would walk in with these on day one.

accounting department processes
analyse financial performance of a company
financial department processes
financial statements
international financial reporting standards
interpret financial statements

What stands in the way is 11 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 11 skills that carry over, these are the ones fewest other occupations ask for. An accounting analyst role needs them, and most people applying for one will not have them already. This is the part of an audit supervisor background worth leading with.

Skill the target role also needs Area

already held global standards for sustainability reporting business, administration and law
already held national generally accepted accounting principles business, administration and law
already held international financial reporting standards business, administration and law
already held accounting department processes business, administration and law
already held financial department processes business, administration and law
already held follow the statutory obligations assisting and caring

All 11 carried skills, including the 7 the accounting analyst role treats as required.

Table 3

Table 3 · What you may need to learn

The 28 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.

Skill to pick up Tier

01 information skills 5 required, 8 supplementary

still to learn create a financial report required
still to learn analyse business processes required
still to learn analyse financial risk required
still to learn check accounting records required
still to learn monitor financial accounts required

optional, not held identify if a company is a going concern optional
optional, not held ensure compliance with accounting conventions optional
optional, not held ensure compliance with disclosure criteria of accounting information optional
optional, not held forecast account metrics optional
optional, not held perform forensic accounting optional
optional, not held perform stock valuation optional
optional, not held prepare financial statements optional
optional, not held provide cost benefit analysis reports optional

02 management skills 3 required, 2 supplementary

still to learn identify process improvements required
still to learn explain accounting records required
still to learn supervise accounting operations required

optional, not held evaluate budgets optional
optional, not held manage accounts optional

03 business, administration and law 2 required, 5 supplementary

still to learn accounting entries required
still to learn accounting techniques required

optional, not held investment analysis optional
optional, not held treasury management system optional
optional, not held liquidity management optional
optional, not held public offering optional
optional, not held stock market optional

04 communication, collaboration and creativity 1 required, 2 supplementary

still to learn draft accounting procedures required

optional, not held liaise with shareholders optional
optional, not held review investment portfolios optional

Table 4

Table 4 · Where to start

The 3 entries an accounting analyst role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 11 skills that carry over

Skill Type

already held accounting department processes knowledge
already held analyse financial performance of a company skill
already held financial department processes knowledge
already held financial statements knowledge
already held international financial reporting standards knowledge
already held interpret financial statements skill
already held national generally accepted accounting principles knowledge
already held advise on financial matters skill
already held follow the statutory obligations skill
already held global standards for sustainability reporting knowledge
already held make strategic business decisions skill

17 supplementary skills, helpful but not required

Skill to pick up Tier

optional, not held identify if a company is a going concern optional
optional, not held investment analysis optional
optional, not held treasury management system optional
optional, not held ensure compliance with accounting conventions optional
optional, not held ensure compliance with disclosure criteria of accounting information optional
optional, not held evaluate budgets optional
optional, not held forecast account metrics optional
optional, not held liaise with shareholders optional
optional, not held liquidity management optional
optional, not held manage accounts optional
optional, not held perform forensic accounting optional
optional, not held perform stock valuation optional
optional, not held prepare financial statements optional
optional, not held provide cost benefit analysis reports optional
optional, not held public offering optional
optional, not held review investment portfolios optional
optional, not held stock market optional

26 held skills the accounting analyst role does not ask for

Skill Type

not needed by the target role adhere to Standard Operating Procedures skill
not needed by the target role adhere to organisational guidelines skill
not needed by the target role adhere to questionnaires skill
not needed by the target role advise on efficiency improvements skill
not needed by the target role arrange audit skill
not needed by the target role attend to detail in preparation for audits skill
not needed by the target role audit contractors skill
not needed by the target role audit techniques knowledge
not needed by the target role communicate problems to senior colleagues skill
not needed by the target role company policies knowledge
not needed by the target role conduct financial audits skill
not needed by the target role corporate law knowledge
not needed by the target role design questionnaires skill
not needed by the target role develop audit plan skill
not needed by the target role employment law knowledge
not needed by the target role execute ICT audits skill
not needed by the target role internal auditing knowledge
not needed by the target role observe confidentiality skill
not needed by the target role perform quality audits skill
not needed by the target role pose questions referring to documents skill
not needed by the target role prepare audit activities skill
not needed by the target role prepare financial auditing reports skill
not needed by the target role quality standards knowledge
not needed by the target role revise questionnaires skill
not needed by the target role supervise staff skill
not needed by the target role tax legislation knowledge

7 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to pick up Tier

still to learn accounting entries required
still to learn accounting techniques required
optional, not held investment analysis optional
optional, not held treasury management system optional
optional, not held liquidity management optional
optional, not held public offering optional
optional, not held stock market optional

Index

Other moves recorded from audit supervisor

Full index of moves from audit supervisor

FAQ

Common questions about this move

Can an audit supervisor become an accounting analyst?

Yes, and it is a substantial move. An audit supervisor already covers 33% of what an accounting analyst is expected to do: 11 skills carry over, 7 of which the accounting analyst role treats as required.

What skills does an audit supervisor need to become an accounting analyst?

11 required skills are missing, plus 17 optional ones. They fall into 4 areas of the ESCO skill hierarchy, led by information skills. The single most important is create a financial report.

How hard is the move from audit supervisor to accounting analyst?

Its learning distance is 66.3 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.