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Accounting Specialist

Summary

The Accounting Specialist role centers on specialized accounting tasks. This individual ensures that accounting practices comply with relevant laws and regulations. Their duties involve managing fiscal functions, guiding staff, and analyzing financial data.

Examples of Work

  • Manage specific accounting or fiscal tasks. 
  • Oversee the handling and processing of the University’s financial resources. 
  • Ensure all practices comply with local, state, and federal laws. 
  • Suggest and enact finance and accounting rules and methods. 
  • Support and guide staff, administrators, and external partners. 
  • Research and tackle accounting-related issues. 
  • Monitor departmental or University financial activities. 
  • Gather and evaluate financial data, producing reports as needed. 
  • May predict financial trends, assessing costs or budgets. Recommendations may impact University’s finances. 

Reference: 

Both “accountant” and “accounting specialist” are titles within the broader field of accounting. Their specific responsibilities and roles can vary depending on the organization, region, and context. However, generally speaking, here are some distinctions: 

Accountant: 

An accountant typically has a broader scope of responsibilities, which might include preparing financial statements, auditing, tax preparation, and advising on financial matters. They may also be involved in a wider range of activities related to financial planning, reporting, and management. Accountants often hold more strategic roles, working closely with management or clients to provide insights and recommendations related to financial matters. 

Accounting Specialist: 

An accounting specialist usually focuses on a particular area of accounting or a specific task, such as accounts payable, accounts receivable, payroll, or general ledger reconciliation. Their work is typically more detailed and transactional compared to the broader tasks of an accountant. They are usually more operational, ensuring the day-to-day accounting functions run smoothly and accurately. 

Education and Experience

A bachelor’s degree in an appropriate area of specialization and one year of appropriate experience or an equivalent combination of education and experience.

Licensure and Certification

N/A

Supervision

Potential supervisory roles may be part of this position.

Competencies

To see common career pathways for each position at the University of Florida please visit the Career Paths section of the UFHR website.