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Occupation Details

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Accounts Team Leader

Job Zone

Education
Most of these occupations require qualifications at NFQ Levels 7 or 8 (Ordinary / Honours Degrees) but some do not.

Related Experience
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, you may need to complete three - four years of college and work for several years in the career area to be considered qualified.

Job Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Job Zone Examples
Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, computer programmers, chemists, environmental engineers, criminal investigators, and financial analysts.

€35k > 45
Accounts Team Leader
Salary Range
(thousands per year)*
€35 - 45
Related Information:
Data Source(s):
Payscale.com

Last Updated: March, 2017

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
Shortage Indicator

With over 50,000 persons employed, job opportunities are likely to continue in this occupation in areas such as fund accountants, accounts payable/receivable and payroll. This occupation had over 8,700 recent job hires in 2017 indicating a high level of churn is occurring. Employment totals are expected to fall in the coming years due to the impact of outsourcing and automation in these roles.

National Skills Bulletin 2018

%
Occupational Category

Financial Administrators

Also included in this category:

Credit controllers; book-keepers; payroll clerks; accounts administrators; accounts assistants; finance officers; cashiers; finance administrators; finance assistants and clerks; insurance clerks; pensions administrators; claims handlers.

Number Employed:

54,600

Part time workers: 27%
Aged over 55: 19%
Male / Female: 27 / 73%
Non-Nationals: 8%
With Third Level: 55%
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At a Glance... header image

Assists in the management, prioritisation and allocation of work as leader of an Accounts Department.


Videos & Interviews header image

1Total Records:4


Bernard Brogan
Chartered Accountant

Bernard Grogan did his training contract to become a Chartered Accountant with Farrell Grant Sparks in Dublin which lasted 3 and half years. He is also a member of the Dublin Senior Football team.

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John McElhinney
Accountancy Partner

John McElhinney is a Partner with John McElhinney and Company Chartered Accountants. He completed the IATI accounting technician course and following a 2 year stint in the banking sector where he completed the Financial Services exams and the Investment Advisor exams through the Institute of Bankers in Ireland he returned to the accountancy world and completed a Chartered Accountancy Contract. 

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Ruth Byrne
Chartered Accountant

Ruth works as a Chartered Accountant and has recently been made a Partner with Bluett Conran & Co. She completed a primary degree in European Business and Languages at the National College of Ireland, and went on th do a Post Graduate diploma in Accounting in DIT. She then chose to study with the Chartered Accountants Ireland to become a Chartered Accountant.

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Gail Sterio
Corporate Accountant
Gail Sterio works as a Corporate Accountant in McDonald's. She holds a Marketing Degree from DIT and recently completed her accountancy exams with the ACCA. It was while she was working part-time in McDonald's during her studies that she went for the interview for a full time position in the accounts department and was successful.  McDonald's encouraged and supported her to take her ACCA exams.
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The Work header image

The Accounts Team Leader is responsible for ensuring that the day to day operational team duties are processed in a timely manner and that all accounts receivable invoices are raised and sent out as required and any outstanding accounts are followed up. 

Work as an Accounts Team Leader will involve mentoring, coaching and developing team members including supporting them in workplace learning. 

The Accounts Team Leader develops and maintains relationships with internal and external stakeholders including branch staff and suppliers. Work will involve overseeing maintenance of asset register in collaboration with corporate services to achieve asset management objectives, verifying complex transactions and auditing income reports.

The Team Leader assists in systems testing for upgrades and future mergers and in compiling information for the annual budget. 

The Accounts Team Leader will identify and implement improvement of accounting processes. Employment opportunites can be found within the accounts department of companies and organisations as well as accounting firms and financial institutions.


Personal Qualitiesheader image

You must posess strong leadership qualities in this position as well as effective communication skills dealing with a team.

You need to be numerate and analytical with an ability to handle complex information and solve problems efficiently.     

Team work skills are important as are customer skills. Excellant mathematical abilities and IT competancy are also crucial for this role. 

You must be able to take personal responsibility and initiative for delivering work to a high standard of quality within set procedures.


Entry Routesheader image

New entrants to Accountancy can either join following Leaving Cert, or as a university graduate. The graduate route has become the most common entry route, but the alternative accounting technician route remains popular.

To qualify as an accountant, you need to register with one of the appropriate professional bodies. You then combine on-the-job training with part-time study and written examinations.     

The relevant professional bodies are:

  • Chartered Accountants Ireland (CAI)
  • Chartered Institute of Management Accountants  (CIMI) 
  • The Association of Chartered Certified Accountants (ACCA)
  • Institute of Certified Public Accountants in Ireland  (CPA) 
  • Accounting Technicians Ireland (ATI)

To register with one of these bodies you must meet their minimum educational requirements. If you exceed the minimum entry requirements you may be exempted from certain professional accountancy exams.  

Accountancy courses are available at universities and through a range of other centers throughout Ireland.

Last Updated: October, 2014


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Career Guidance

This occupation is popular with people who have the following Career Interests...


...and for people who like working in the following Career Sectors:

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Clerical & Administration
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