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

financial managertoaccounting analyst

A financial manager already meets 74% of what the accounting analyst role asks for. The move turns on 3 required skills not yet in the profile.

From financial manager
74%
Overlap1
To accounting analyst
26 Skills carried over
3 Required, not held
29.4 Difficulty2
Career overlap Strong match

74%

Learning distance Short step

29.4/ 100

1 Share of the accounting analyst role’s weighted skill requirement already met by the financial manager 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 analyst role treats 15 of its required skills as things a financial manager already does. These are the ones it depends on most.

  • accounting department processes
  • accounting entries
  • accounting techniques
  • analyse financial performance of a company
  • analyse financial risk
  • check accounting records

What stands in the way is 3 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 26 skills that carry over, these are the ones fewest other occupations ask for. A accounting analyst role needs them, and most people applying for one will not have them already. This is the part of a financial manager background worth leading with.

Skill the target role also needs Area
  • already held draft accounting procedures communication, collaboration and creativity
  • already held supervise accounting operations management skills
  • already held accounting entries business, administration and law
  • already held ensure compliance with accounting conventions information skills
  • already held liquidity management business, administration and law
  • already held national generally accepted accounting principles business, administration and law

All 26 carried skills, including the 15 the accounting analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 13 missing skills fall into 5 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 2 required
  • required, not held identify process improvements required
  • required, not held explain accounting records required
02 information skills 1 required, 5 supplementary
  • required, not held analyse business processes required
  • optional, not held identify if a company is a going concern 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 provide cost benefit analysis reports optional
03 business, administration and law 3 supplementary
  • optional, not held global standards for sustainability reporting optional
  • optional, not held treasury management system optional
  • optional, not held public offering optional
04 assisting and caring 1 supplementary
  • optional, not held follow the statutory obligations optional
05 communication, collaboration and creativity 1 supplementary
  • optional, not held review investment portfolios optional
Table 4

Table 4 · Where to start

The 3 entries a 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 26 skills that carry over
Skill Type
  • already held accounting department processes knowledge
  • already held accounting entries knowledge
  • already held accounting techniques knowledge
  • already held analyse financial performance of a company skill
  • already held analyse financial risk skill
  • already held check accounting records skill
  • already held create a financial report skill
  • already held draft accounting procedures 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 monitor financial accounts skill
  • already held national generally accepted accounting principles knowledge
  • already held supervise accounting operations skill
  • already held advise on financial matters skill
  • already held ensure compliance with accounting conventions skill
  • already held evaluate budgets skill
  • already held investment analysis knowledge
  • already held liaise with shareholders skill
  • already held liquidity management knowledge
  • already held make strategic business decisions skill
  • already held manage accounts skill
  • already held perform stock valuation skill
  • already held prepare financial statements skill
  • already held stock market knowledge
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held global standards for sustainability reporting optional
  • optional, not held identify if a company is a going concern optional
  • optional, not held treasury management system optional
  • optional, not held ensure compliance with disclosure criteria of accounting information optional
  • optional, not held follow the statutory obligations optional
  • optional, not held forecast account metrics optional
  • optional, not held perform forensic accounting optional
  • optional, not held provide cost benefit analysis reports optional
  • optional, not held public offering optional
  • optional, not held review investment portfolios optional
80 held skills the accounting analyst role does not ask for
Skill Type
  • not needed by the target role accounting knowledge
  • not needed by the target role advise on investment skill
  • not needed by the target role advise on public finance skill
  • not needed by the target role advise on risk management skill
  • not needed by the target role advise on tax planning skill
  • not needed by the target role align efforts towards business development skill
  • not needed by the target role analyse business plans skill
  • not needed by the target role analyse insurance risk skill
  • not needed by the target role analyse market financial trends skill
  • not needed by the target role assess financial viability skill
  • not needed by the target role banking activities knowledge
  • not needed by the target role bookkeeping regulations knowledge
  • not needed by the target role budget for financial needs skill
  • not needed by the target role budgetary principles knowledge
  • not needed by the target role business loans knowledge
  • not needed by the target role collect financial data skill
  • 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 corporate law knowledge
  • not needed by the target role cost management knowledge
  • not needed by the target role create a financial plan skill
  • not needed by the target role debt collection techniques knowledge
  • not needed by the target role debt systems knowledge
  • not needed by the target role develop company strategies skill
  • not needed by the target role develop financial products skill
  • not needed by the target role economics knowledge
  • not needed by the target role enforce financial policies skill
  • not needed by the target role ensure compliance with company regulations skill
  • not needed by the target role ensure cross-department cooperation skill
  • not needed by the target role ensure information transparency skill
  • not needed by the target role estimate profitability skill
  • not needed by the target role ethics knowledge
  • not needed by the target role execute feasibility study skill
  • not needed by the target role financial analysis knowledge
  • not needed by the target role financial forecasting knowledge
  • not needed by the target role financial jurisdiction knowledge
  • not needed by the target role financial management knowledge
  • not needed by the target role financial markets knowledge
  • not needed by the target role financial products knowledge

40 further entries not listed here

3 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
  • optional, not held global standards for sustainability reporting optional
  • optional, not held treasury management system optional
  • optional, not held public offering optional
Index

Other moves recorded from financial manager

Full index of moves from financial manager

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.