Table 1Transition record

financial controllertoaccounting analyst

A financial controller already meets 48% of what the accounting analyst role asks for. The move turns on 8 required skills not yet in the profile.

From financial controller

48%

Overlap1

To accounting analyst

16 Skills carried over

8 Required, not held

54.4 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 54.4

This move: 54.4 of 100 · moderate

1 Share of the accounting analyst role’s weighted skill requirement already met by the financial controller 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 16 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 controller 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 explain accounting records management skills
already held ensure compliance with accounting conventions information skills
already held check accounting records information skills
already held evaluate budgets management skills

All 16 carried skills, including the 10 the accounting analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 23 missing skills fall into 4 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 4 required, 6 supplementary

required, not held accounting entries required
required, not held accounting techniques required
required, not held international financial reporting standards required
required, not held national generally accepted accounting principles required

optional, not held global standards for sustainability reporting optional
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

02 information skills 3 required, 6 supplementary

required, not held create a financial report required
required, not held analyse business processes required
required, not held monitor financial accounts 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 perform stock valuation optional
optional, not held provide cost benefit analysis reports optional

03 management skills 1 required, 2 supplementary

required, not held identify process improvements required

optional, not held make strategic business decisions optional
optional, not held manage accounts optional

04 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 16 skills that carry over

Skill Type

already held accounting department processes knowledge
already held analyse financial performance of a company skill
already held analyse financial risk skill
already held check accounting records skill
already held draft accounting procedures skill
already held explain accounting records skill
already held financial department processes knowledge
already held financial statements knowledge
already held interpret financial statements skill
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 follow the statutory obligations skill
already held liaise with shareholders skill
already held prepare financial statements skill

15 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 investment analysis optional
optional, not held treasury management system optional
optional, not held ensure compliance with disclosure criteria of accounting information optional
optional, not held forecast account metrics optional
optional, not held liquidity management optional
optional, not held make strategic business decisions optional
optional, not held manage accounts optional
optional, not held perform forensic accounting optional
optional, not held perform stock valuation 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

21 held skills the accounting analyst role does not ask for

Skill Type

not needed by the target role advise on tax planning skill
not needed by the target role create a financial plan skill
not needed by the target role develop financial statistics reports skill
not needed by the target role disseminate information on tax legislation skill
not needed by the target role enforce financial policies skill
not needed by the target role exert expenditure control skill
not needed by the target role financial forecasting knowledge
not needed by the target role insolvency law knowledge
not needed by the target role inspect government expenditures skill
not needed by the target role liaise with auditors skill
not needed by the target role liaise with financiers skill
not needed by the target role manage budgets skill
not needed by the target role manage profitability skill
not needed by the target role manage the general ledger skill
not needed by the target role prepare financial auditing reports skill
not needed by the target role prepare tax returns forms skill
not needed by the target role statistics knowledge
not needed by the target role support development of annual budget skill
not needed by the target role synthesise financial information skill
not needed by the target role tax legislation knowledge
not needed by the target role track key performance indicators skill

10 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 accounting entries required
required, not held accounting techniques required
required, not held international financial reporting standards required
required, not held national generally accepted accounting principles required
optional, not held global standards for sustainability reporting optional
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 financial controller

Full index of moves from financial controller

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.