Salary Range
€45k - €70k
Career Zone

In Brief...

Applies principles of accounting to the analyses of financial information and prepares internal and external financial reports for clients

Knowledge

  •   Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  •   Clerical Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  •   Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  •   English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  •   Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Knowledge areas are ranked by their importance to this career

Skills

  •   Mathematics Using mathematics to solve problems.
  •   Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  •   Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  •   Reading Comprehension Understanding written sentences and paragraphs in work related documents.
  •   Speaking Talking to others to convey information effectively.
Skills are ranked by their importance to this career

Work Environment

This occupation is typically found in the following Career Sector(s):

 
Accountancy
Accountancy & Taxation
 
Taxation
Accountancy & Taxation
 
Revenue & Governance
Accountancy & Taxation

Videos & Interviews

 
Abbie Rice, Associate Accountant/IFS Apprentice

Videos on the Web

Most commonly reported Work Activities

  •   Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  •   Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
  •   Documenting/Recording Information Entering, recording, storing, or maintaining information in written or electronic/magnetic form.
  •   Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
  •   Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  •   Processing Information Compiling, coding, categorising, calculating, tabulating, auditing, or verifying information or data.
  •   Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
  •   Identifying Objects, Actions, and Events Identifying information by categorising, estimating, recognising differences or similarities, and detecting changes in circumstances or events.
  •   Performing Administrative Activities Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.
  •   Communicating with Persons Outside Organisation Communicating with people outside the organisation, representing the organisation to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

 

Working Life

Typical tasks might include:

  • Assisting in the productions of daily, weekly and monthly Net Asset Values (NAVs).
  • Issue NAVs accurately and within defined timeframes
  • Deliver high quality service to customers by accurate, timely completion of all assigned tasks (which may be parts of larger processes) and requests for information.
  • Own valuation process for assigned portfolios
  • Escalating fund accounting issues and aged items to supervisors
  • Perform tasks under supervision of defined processes or procedures and check for errors. Ensure procedures in relation to above tasks are adhered to
  • Maintains the control of accounts and records in such areas as expenses, Inventory, Cost Accounting and Standard Setting
  • Designs, modifies, installs, and/or maintains accounting systems to ensure an adequate recognition of financial transactions
  • Responsible for the adherence to and communication of accounting and auditing policies and procedures and internal controls.

 

Most commonly reported Work Tasks

  • Operate computers programmed with accounting software to record, store, and analyse information.
  • Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
  • Comply with federal, state, and company policies, procedures, and regulations.
  • Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
  • Receive, record, and bank cash, checks, and vouchers.
  • Code documents according to company procedures.
  • Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
  • Reconcile or note and report discrepancies found in records.
  • Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
  • Access computerised financial information to answer general questions as well as those related to specific accounts.

Qualities - Associate Accountant

  • Client service orientation
  • Good attention to detail
  • Demonstrates willingness to help others outside team
  • Good prioritisation and multi-tasking skills
  • Strong problem solving skills
  • Organises own workload and establishes priorities
  • Demonstrates good knowledge of standards and procedures required for own tasks
  • Excellent PC skills especially MS Excel

View the Irish Financial Services Skills Framework     for details on the technical and professional skills that support effective performance across roles and industries.

Interests - Associate Accountant

This occupation is typically suited for people with the following Career Interests:

 Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

 Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

 Investigative

The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.

Entry / Progression - Associate Accountant

The Associate Accountant's role requires significant knowledge and experience. Many associates start their careers in sales or customer service and then progress. 

The most relevant degree subjects include business, management and marketing. Likewise also an engineering mindset. Although a degree may sometimes be required, experience and track record are often as important to an employer.

Training can also help you progress and there are both undergraduate and postgraduate courses in business and management which can support you in your career.

View the Irish Financial Services Skills Framework     for details on the technical and professional skills that support effective performance across roles and industries.

Sample Education and Training Pathways
A number of courses are available throughout the country that focus on learning and skills that may be useful for this career. The examples and links below may guide you in your research. 

Further Education (FET)
Further Education & Training (FET) Courses are delivered by local ETBs, ranging in duration from several weeks up to 20 months. Courses are designed to meet the labour market needs and often include a large element of work experience.

Example search terms include: business, office admin, accounting technician.

Search for FET Courses

PLC Courses (FET)
PLC courses are full-time courses, one or two years duration, with awards at Level 5 and 6 on the NFQ. They are offered nationally in Schools and Colleges of Further Education.

Example search terms include: business, management, sales, marketing, commerce, accounting.

Search for PLC Courses

Apprenticeships: 
Apprenticeships are structured work-based training programs that combine on-the-job training with classroom instruction. They run from 2 – 4 years and are open to individuals of all ages, including school leavers, those seeking a career change, and existing employees who wish to upskill.

Examples: Accounting, Financial Services.

Search for Apprenticeships

Higher Education CAO (Undergraduate) 
Higher Education courses at Levels 6 to 8 on the NFQ, delivered in Universities and Technological Universities & Institutes. Courses run from 2 – 5 years and places are allocated on a points-based system, processed by the Central Application Office.

Example search terms include: business, commerce, economics, accounts, finance.

Search for CAO Courses

Higher Education (Postgraduate)
Postgraduate courses are courses at Levels 9 and 10 on the NFQ and usually last 1 – 2 years full time, or longer if a PhD or part time. Entrants typically require an undergraduate award (Level 8).

Example search terms include: sales, business, accounts, management, financial advice.

Search for Postgraduate Courses

Professional Development 

Professional development (CPD) courses are specialised training, formal education, or advanced professional learning that improves skills, professional knowledge, competency, and overall effectiveness in the professional world.

International Financial Services Skillnet Network 

Irish Banking & Payments Federation 

Financial Services Union

The 30% club: Growth Through Diversity 

Qualified financial Advisers 

On-the-job training continuous professional development is complemented by study for the Chartered Financial Analyst (CFA) qualification. Three levels of examination measure a candidate's ability to apply the fundamental knowledge of investment principles at a professional level.



Check the Useful Contacts tab on this page to see if there are any professional bodies listed who may provide training related to this career.

Pay & Salary - Associate Accountant

Salary Range (thousands per year)* €45k - €70k

Salaries vary by employer, location, duties, role, and experience.

Data Source(s):
Clark / Morgan McKinley / Azon/ Lincoln/ Osborne

Last Updated: July, 2024

Labour Market Updates - Associate Accountant

Note: The following information relates to occupations that include: Chartered and certified accountants and taxation experts.

This information has been derived from the Solas National Skills Bulletin (2025).

Accountants and tax experts are the second largest occupation in this grouping, with above average employment growth over the five-year period; this was particularly pronounced between 2023 and 2024, with an additional 9,700 persons employed.

Employment was spread across sectors but particularly in professional activities, financial and industry. This occupation had an above average share of women employed and a below average share of non-Irish citizens.

Most of the employment permits issued related to auditors in the financial sector. Despite the strong growth in employment, the share of OJAs for accountants (for the total business and financial group) has fallen since 2023.

Difficult-to-fill mentions (RAS and Skills for Growth) related to accountants, including cost accountants, across financial, tax, insurance, practice and the manufacturing sector, with both newly and part-qualified accountants in demand. In addition to accountancy-related skills, employers were seeking candidates with experience, especially in manufacturing, as well as digital (Excel) and organisational skills.

While demand is evident at present, artificial intelligence is likely to play a transformational role in the tasks associated with this occupation with some highlighting the likely decline in employment numbers for accountants in the long term. However, given such a large occupation, job opportunities will persist.  

Useful Contacts - Associate Accountant

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