Skills and Attributes for Commonwealth Bank Accounting Profession - Essay Example

The bank encourages its employees to share their initiatives, ideas, talents, and energy with other colleagues to maintain a dynamic and learning environment (Anon, 2014).

There is an array of environmental characteristics to which an accountant working with Commonwealth Bank is exposed. Some of the major operations taking place at the Bank are private and business banking, enterprise and group services dealing with markets and institutional banking, retail banking service, and wealth management. No matter what kind of environmental traits an accountant is exposed to his skills and attributes must be always aligned.

To work as an accountant at the Commonwealth Bank one needs to have some professional skills as well as some expertise in his or her respective field. In addition to having basic accounting skills, the accountants must also have some other essential skills such as being computer literate and possessing a depth understanding of spreadsheets. As an accountant at Commonwealth one has to deal with petty cash, the investments, and bank accounts of other people, so he or she must be trustworthy and honest. The accountant must adhere to all the organizational and accounting policies. Commonwealth Bank likes to include individuals in the firm that are good at multitasking.

The Commonwealth Bank also likes to include fresh graduates as interns in their team. The reason the Bank likes to welcome new talent is that it wants that minds with new and innovative ideas should be part of the organization and come up with creative new ideas. The firm does not desire graduates having much experience as interns. All they are looking for are interns willing to work and learn with the bank on a contractual basis. All they require to have is basic accounting knowledge and computer and presentation skills.

Commonwealth Bank may ask its accountants to lead teams for various important projects. They are also required to oversee projects and enforce the policies of the Bank. It will be an advantage for the Bank if the accountant possesses strong communication skills as it will be required to solve conflicts regularly. Persuasive writing and public speaking ability are the skills that the Bank considers while promoting a candidate to a senior position. The beginners as well as the senior accountants working at the commonwealth bank are exposed to several projects daily that contain a lot of formulas and numbers to which they must be very attentive. They must be able to quickly spot the discrepancies and also anticipate where the potential trouble may arise (Collaboration, 2007).