8 Skills Every New Accountant Should Build (Beyond Numbers)
When people think of accounting, they usually picture spreadsheets, calculators, and endless rows of numbers. But here’s the truth: being a great accountant takes more than just maths skills.
In today’s world, employers are looking for accountants who can communicate, think critically, use modern tools, and solve real-world business problems.
So, if you’re new to accounting — or planning to start a career in it — here are the essential skills every new accountant should build (beyond numbers).
1. Communication Skills
Accounting isn’t just about preparing reports — it’s about helping people understand them.
You’ll often need to explain financial information to people who don’t have an accounting background, like business owners, managers, or clients. That means turning technical jargon into clear, simple language.
Example:
Instead of saying, “Our net profit margin fell due to increased depreciation,”
say, “Our profits dropped because we invested in new equipment, which added extra costs this year.”
Why it matters: Clear communication builds trust and helps decision-makers take action based on your reports.
2. Attention to Detail
In accounting, small mistakes can lead to big problems — whether it’s a missing decimal point or a misplaced figure.
Developing a habit of double-checking your work and spotting errors quickly is crucial.
Tip: Always review your numbers with a fresh mind. Taking a short break before checking your work can help you catch things you’d otherwise miss.
Why it matters: Accuracy shows professionalism and helps maintain the company’s financial integrity.
3. Analytical Thinking
Accountants don’t just record numbers — they interpret them.
Analytical thinking means understanding why the numbers look the way they do. Is the business making more money because of increased sales or reduced costs? Is cash flow tight because of poor invoicing or high expenses?
Why it matters: Analytical skills help you move from just “bookkeeping” to real financial insight — that’s where your value as an accountant grows.
4. Tech & Software Skills
Accounting today is digital.
You’ll need to be comfortable using modern accounting software like:
- Sage
- Xero
- QuickBooks
- Microsoft Excel
Automation and cloud accounting have transformed how accountants work. Learning to use these tools efficiently will save you hours and make your work more accurate.
Why it matters: Tech-savvy accountants are in high demand across the UK.
5. Business Awareness
Accounting doesn’t exist in isolation — it’s part of the bigger picture.
Understanding how businesses operate, make money, and face challenges will help you interpret financial results better.
Example: If you work for a retail company, knowing about inventory management and seasonal trends helps you understand why profits fluctuate during certain months.
Why it matters: Employers love accountants who think like business partners, not just number-crunchers.
6. Time Management
Accounting involves deadlines — and lots of them.
From monthly reports to year-end statements and tax submissions, managing your time is key. Prioritise your workload, use task lists, and don’t leave everything for the last minute.
Why it matters: Good time management keeps you calm during busy periods (like tax season!) and builds your reputation as reliable and organised.
7. Ethics and Professionalism
Accountants handle sensitive financial data. Employers and clients trust you to maintain confidentiality, honesty, and integrity at all times.
Following professional codes of conduct — like those set by AAT, ACCA, or CIMA — is essential to maintaining that trust.
Why it matters: A single ethical lapse can damage your credibility and the organisation’s reputation.
8. Adaptability and Continuous Learning
The accounting world changes quickly — from new tax rules to updated reporting standards (like IFRS and UK GAAP).
Stay open to learning and upgrading your skills through training, workshops, or online courses.
Why it matters: Adaptable accountants stay ahead of the curve and can handle new challenges with confidence.
Final Thoughts
Being an accountant today isn’t just about balancing books — it’s about problem-solving, communication, and business understanding.
If you focus on these core skills early on, you’ll stand out in any accounting role, whether you work in practice, industry, or the public sector.
Remember: numbers tell a story — but it’s your skills that bring that story to life.
Ready to build real-world accounting skills?
Join an AAT course at Osborne Training and gain the technical and professional abilities UK employers value most.