What are skills that all NetSuite Accountants Need to Possess?

1. Experience with NetSuite and Other ERP Solutions
2. Specialized Accounting Skills
3. Business Knowledge
4. Excellent Communication Skills
5. Critical Thinking
6. Analytical Adaptability

Entering the field of accounting is no easy feat. Not only do you need to pass the certification for public accountants, but you must also keep up with the latest software used by your profession. Today, many companies around the world are searching for highly-skilled professionals who can keep up with software like NetSuite and other ERP solutions on top of essential accounting knowledge and experience. This article aims to enumerate the various skills that all NetSuite accountants need to possess. At Atticus Solutions, we make sure that our talent pool is filled with professionals equipped with these sought-after skills. Keep reading to learn more!

Experience with NetSuite and Other ERP Solutions

As technology and IT solutions progress, accounting does too. Many enterprise resource planning (ERP) software now includes automation tools for accounting tasks, eliminating many manual processes. Of these, the leading ERP software for accounting (amongst other critical business functions) is NetSuite. With anything involving technology, adopting these tools requires training. This is especially true for NetSuite functions. Though it provides the best streamlining and optimization of your processes, its learning curve is particularly steep. That’s why many companies are on the hunt for accountants with NetSuite experience. At Atticus Solutions, our accountants are already equipped with the necessary NetSuite experience — meaning you don’t have to worry about their training. Once onboarded, they can get started right away with facilitating your financial operations through NetSuite!

Specialized Accounting Skills

To put yourself above other accountants, it’s important to gain specialized experience outside of traditional accounting. These include tax, corporate, and even forensic accounting. There are also many other certifications that certified public accountants can obtain to develop and strengthen their resumes.

Other Kinds of Accounting Certification

1. Certified Financial Analyst
2. Financial Services Audit certificate
3. Certified Internal Auditor
4. Enrolled Agent
5. Certified Fraud Examiner

At Atticus Solutions, our pool of mid and senior-level NetSuite accountants possess experience with the Big Four accounting firms. This equips them with experience in dealing with high-profile clients as well as a fast-paced working environment.

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Business Knowledge

Accountants play an important role in any company they work for. With their skillset, accountants can grasp and understand a business's financial situation. Because of this, they are required to interact with other departments. They are included in decision-making and strategy planning.That’s why they must possess general business knowledge. It allows them to make sense of how the numbers and financial functions they perform affect all departments in the company.

Excellent Communication Skills

As mentioned above, collaboration is a necessity in the accounting profession. It’s not enough to understand what the numbers mean. They must be able to explain this across various departments. Aside from that, accountants must be able to explain complicated financial ideas in a way that others will understand. They must convey complex accounting terms in simple terms. Accountants who can do so become major assets to their managers and supervisors.

Critical Thinking

Critical thinking is an essential skill in any profession. Accountants apply this to solve unforeseen financial problems objectively. These include acquiring data that they can use to solve complex financial problems. Accountants also use critical thinking to predict future problems that may impact their clients. They should be quick on their feet to adjust to strategies when unforeseen events happen. They are also not dependent on automatic tools and matrices to make decisions for them. They use the numbers and estimated risks provided by software as a starting point. From there, they can find the best course of action.

Analytical Adaptability

Lastly, accountants should be able to make sense of the numbers. NetSuite may automate various processes for them, but it’s still up to accountants to interpret the data. This is essential in many tasks like auditing and filling out tax returns. For accountants, analytics refers to interpreting figures and data. This is especially important to forensic accountants who analyze business transactions, recover assets, and review financial documents for their clients. It’s through these analytical skills that they can provide graphs and data to outline various financial crimes.

Key Takeaway

This article tackled the various skills that NetSuite accountants need to possess. To become team players in their company, they must possess skills that help their company grow. These include essential accounting, communication, and problem-solving skills on top of the experience with NetSuite and other ERP solutions. At Atticus Solutions, we can help you connect with highly qualified and skilled accountants with NetSuite experience. Book a consultation with us, and we’ll help you gain the best Filipino accountants for your business!