Table 1Transition record

budget managertoaccounting manager

A budget manager already meets 54% of what the accounting manager role asks for. The move turns on 13 required skills not yet in the profile.

From budget manager

54%

Overlap1

To accounting manager

29 Skills carried over

13 Required, not held

56.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 56.1

This move: 56.1 of 100 · substantial

1 Share of the accounting manager role’s weighted skill requirement already met by the budget 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.

Table 2

Table 2 · What you already bring

Of the 29 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 budget manager background worth leading with.

Skill the target role also needs Area

already held explain accounting records management skills
already held support development of annual budget management skills
already held advise on public finance communication, collaboration and creativity
already held monitor financial accounts information skills
already held evaluate budgets management skills
already held accounting department processes business, administration and law

All 29 carried skills, including the 20 the accounting manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 33 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 business, administration and law 5 required, 3 supplementary

required, not held depreciation required
required, not held accounting entries required
required, not held international financial reporting standards required
required, not held national generally accepted accounting principles required
required, not held tax legislation required

optional, not held global standards for sustainability reporting optional
optional, not held bookkeeping regulations optional
optional, not held liquidity management optional

02 information skills 4 required, 6 supplementary

required, not held identify if a company is a going concern required
required, not held check accounting records required
required, not held ensure compliance with accounting conventions required
required, not held ensure compliance with disclosure criteria of accounting information 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 auditing reports optional
optional, not held prepare tax returns forms optional

03 management skills 2 required, 4 supplementary

required, not held manage accounts 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 make strategic business decisions optional
optional, not held perform cost accounting activities 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 tax planning optional
optional, not held disseminate information on tax legislation 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 perform dunning activities optional

05 services 1 required

required, not held fraud detection required

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 29 skills that carry over

Skill Type

already held accounting department processes knowledge
already held analyse financial performance of a company skill
already held analyse market financial trends skill
already held corporate social responsibility knowledge
already held create a financial plan skill
already held enforce financial policies skill
already held evaluate budgets skill
already held explain accounting records 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 company standards skill
already held follow the statutory obligations skill
already held integrate strategic foundation in daily performance skill
already held interpret financial statements skill
already held manage budgets skill
already held monitor financial accounts skill
already held strive for company growth skill
already held support development of annual budget skill
already held advise on financial matters skill
already held advise on public finance skill
already held financial forecasting knowledge
already held liaise with managers skill
already held manage staff skill
already held plan health and safety procedures skill
already held prepare financial statements skill
already held public finance knowledge
already held statistics knowledge

20 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 tax planning 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 disseminate information on tax legislation optional
optional, not held evaluate employees 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 liquidity management optional
optional, not held make strategic business decisions 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 prepare financial auditing reports optional
optional, not held prepare tax returns forms optional

15 held skills the accounting manager role does not ask for

Skill Type

not needed by the target role accounting techniques knowledge
not needed by the target role assess financial viability skill
not needed by the target role budgetary principles knowledge
not needed by the target role business management principles knowledge
not needed by the target role company policies knowledge
not needed by the target role control financial resources skill
not needed by the target role cost management knowledge
not needed by the target role create a financial report skill
not needed by the target role estimate profitability skill
not needed by the target role exert expenditure control skill
not needed by the target role funding methods knowledge
not needed by the target role inspect government expenditures skill
not needed by the target role monitor charity's budget skill
not needed by the target role oversee the facilities services budget skill
not needed by the target role review investment portfolios skill

9 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 depreciation required
required, not held accounting entries required
required, not held fraud detection required
required, not held international financial reporting standards required
required, not held national generally accepted accounting principles required
required, not held tax legislation required
optional, not held global standards for sustainability reporting optional
optional, not held bookkeeping regulations optional
optional, not held liquidity management optional

Index

Other moves recorded from budget manager

Full index of moves from budget 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.