Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

financial auditortoaccounting manager

A financial auditor already meets 46% of what the accounting manager role asks for. The move turns on 15 required skills not yet in the profile.

From financial auditor
46%
Overlap1
To accounting manager
23 Skills carried over
15 Required, not held
63.1 Difficulty2
Career overlap Partial match

46%

Learning distance Substantial retraining

63.1/ 100

1 Share of the accounting manager role’s weighted skill requirement already met by the financial auditor profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A accounting manager role treats 18 of its required skills as things a financial auditor already does. These are the ones it depends on most.

  • accounting department processes
  • accounting entries
  • analyse financial performance of a company
  • check accounting records
  • ensure compliance with accounting conventions
  • ensure compliance with disclosure criteria of accounting information

What stands in the way is 15 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 23 skills that carry over, these are the ones fewest other occupations ask for. A accounting manager role needs them, and most people applying for one will not have them already. This is the part of a financial auditor background worth leading with.

Skill the target role also needs Area
  • already held ensure compliance with disclosure criteria of accounting information information skills
  • already held identify if a company is a going concern information skills
  • already held accounting entries business, administration and law
  • already held ensure compliance with accounting conventions information skills
  • already held national generally accepted accounting principles business, administration and law
  • already held check accounting records information skills

All 23 carried skills, including the 18 the accounting manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 39 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 management skills 9 required, 5 supplementary
  • required, not held support development of annual budget required
  • required, not held create a financial plan required
  • required, not held enforce financial policies required
  • required, not held explain accounting records required
  • required, not held integrate strategic foundation in daily performance required
  • required, not held manage accounts required
  • required, not held manage budgets required
  • required, not held strive for company growth required
  • required, not held supervise accounting operations required
  • optional, not held attach accounting certificates to accounting transactions optional
  • optional, not held evaluate employees optional
  • optional, not held manage staff optional
  • optional, not held perform cost accounting activities optional
  • optional, not held plan health and safety procedures optional
02 information skills 2 required, 6 supplementary
  • required, not held analyse market financial trends required
  • required, not held monitor financial accounts required
  • optional, not held calculate tax optional
  • optional, not held forecast organisational risks optional
  • optional, not held manage the general ledger optional
  • optional, not held perform account allocation optional
  • optional, not held prepare financial statements optional
  • optional, not held prepare tax returns forms optional
03 business, administration and law 2 required, 5 supplementary
  • required, not held corporate social responsibility required
  • required, not held depreciation required
  • optional, not held global standards for sustainability reporting optional
  • optional, not held bookkeeping regulations optional
  • optional, not held financial forecasting optional
  • optional, not held liquidity management optional
  • optional, not held public finance optional
04 communication, collaboration and creativity 1 required, 7 supplementary
  • required, not held draft accounting procedures required
  • optional, not held advise on bankruptcy proceedings optional
  • optional, not held advise on public finance optional
  • optional, not held inform on fiscal duties optional
  • optional, not held liaise with auditors optional
  • optional, not held liaise with financiers optional
  • optional, not held liaise with managers optional
  • optional, not held perform dunning activities optional
05 assisting and caring 1 required
  • required, not held follow company standards required
06 natural sciences, mathematics and statistics 1 supplementary
  • optional, not held statistics optional
Table 4

Table 4 · Where to start

The 3 entries a accounting manager 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 23 skills that carry over
Skill Type
  • already held accounting department processes knowledge
  • already held accounting entries knowledge
  • already held analyse financial performance of a company skill
  • already held check accounting records skill
  • already held ensure compliance with accounting conventions skill
  • already held ensure compliance with disclosure criteria of accounting information skill
  • already held evaluate budgets skill
  • already held financial analysis knowledge
  • already held financial department processes knowledge
  • already held financial management knowledge
  • already held financial statements knowledge
  • already held follow the statutory obligations skill
  • already held fraud detection knowledge
  • already held identify if a company is a going concern skill
  • already held international financial reporting standards knowledge
  • already held interpret financial statements skill
  • already held national generally accepted accounting principles knowledge
  • already held tax legislation knowledge
  • already held advise on financial matters skill
  • already held advise on tax planning skill
  • already held disseminate information on tax legislation skill
  • already held make strategic business decisions skill
  • already held prepare financial auditing reports skill
24 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held global standards for sustainability reporting optional
  • optional, not held advise on bankruptcy proceedings optional
  • optional, not held advise on public finance optional
  • optional, not held attach accounting certificates to accounting transactions optional
  • optional, not held bookkeeping regulations optional
  • optional, not held calculate tax optional
  • optional, not held evaluate employees optional
  • optional, not held financial forecasting optional
  • optional, not held forecast organisational risks optional
  • optional, not held inform on fiscal duties optional
  • optional, not held liaise with auditors optional
  • optional, not held liaise with financiers optional
  • optional, not held liaise with managers optional
  • optional, not held liquidity management optional
  • optional, not held manage staff optional
  • optional, not held manage the general ledger optional
  • optional, not held perform account allocation optional
  • optional, not held perform cost accounting activities optional
  • optional, not held perform dunning activities optional
  • optional, not held plan health and safety procedures optional
  • optional, not held prepare financial statements optional
  • optional, not held prepare tax returns forms optional
  • optional, not held public finance optional
  • optional, not held statistics optional
37 held skills the accounting manager role does not ask for
Skill Type
  • not needed by the target role accounting knowledge
  • not needed by the target role accounting techniques knowledge
  • not needed by the target role advise on credit rating skill
  • not needed by the target role analyse financial risk skill
  • not needed by the target role arrange audit skill
  • not needed by the target role banking activities knowledge
  • not needed by the target role commercial law knowledge
  • not needed by the target role communicate with banking professionals skill
  • not needed by the target role conduct financial audits skill
  • not needed by the target role control financial resources skill
  • not needed by the target role core banking software knowledge
  • not needed by the target role corporate law knowledge
  • not needed by the target role develop audit plan skill
  • not needed by the target role develop financial statistics reports skill
  • not needed by the target role economics knowledge
  • not needed by the target role financial jurisdiction knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role identify accounting errors skill
  • not needed by the target role insolvency law knowledge
  • not needed by the target role inspect tax returns skill
  • not needed by the target role internal auditing knowledge
  • not needed by the target role international tariffs knowledge
  • not needed by the target role joint ventures knowledge
  • not needed by the target role liaise with shareholders skill
  • not needed by the target role maintain financial records skill
  • not needed by the target role maintain records of financial transactions skill
  • not needed by the target role maintain trusts skill
  • not needed by the target role mergers and acquisitions knowledge
  • not needed by the target role monitor banking activities skill
  • not needed by the target role observe confidentiality skill
  • not needed by the target role obtain financial information skill
  • not needed by the target role pose questions referring to documents skill
  • not needed by the target role present reports skill
  • not needed by the target role produce statistical financial records skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role trace financial transactions skill
  • not needed by the target role use consulting techniques skill
8 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 acquire Tier
  • required, not held corporate social responsibility required
  • required, not held depreciation required
  • optional, not held global standards for sustainability reporting optional
  • optional, not held bookkeeping regulations optional
  • optional, not held financial forecasting optional
  • optional, not held liquidity management optional
  • optional, not held public finance optional
  • optional, not held statistics optional
Index

Other moves recorded from financial auditor

Full index of moves from financial auditor

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.