Accounting

Accountants in Hong Kong are very much in demand, and currently there are approximately 100,000 people working in accounting industry. The number of people employed each year continues to grow on average, and the number of vacancies is gradually increased by around one to two percent. Their major job duties include financial accounting, auditing, legal support, tax consulting and etc., and they mainly serve for accounting firms, commercial institutions, government and other statutory bodies. The largest accounting firms in Hong Kong is called “Big Four” and their business scope covers worldwide.

Job Title
Duties

Accounting clerk is a beginner position and the minimum academic entry qualification and requirement is five passes. The main duties of accounting clerk are as follow:

  • Provide accounting and clerical support
  • Data entry and maintain accounting records and documents
  • Organise data and process business transactions

 

Working hours

40-50 hours a week, required work overtime during the peak seasons

Working environment

Work in office

Personality
Attention to details
Good time management
Promotion and reference salary
Accounting clerk
Approximately $8,000 - 12,000
Experience 0-2 years
Accounting officer
Approximately $13,000 - 18,000
Experience 2-3 years
Assistant accountant
Approximately $17,000 - 22,000
Experience 3-5 years
Entry requirements
  • Hong Kong Diploma of Secondary Education (DSE)
  • London Chamber of Commerce & Industry (LCCI)
  • Good command of spoken and written English and Chinese
  • Require a basic computer skill (MS Excel)
Duties

The main duties of accountant is to conceive financial plans and manage the company’s financial arrangements on the premise of the company’s overall interests. The main duties of accountant are as follow:

  • Document daily financial transactions
  • Prepare annual reports and financial reports
  • Maintain accounting controls and financial security
  • Organise and prepare tax payments
Working hours

40-50 a week, it requires work overtime during the peak seasons

Working environment

Require to communicate with different parties; need to work under pressure

Personality
Attention to details
Patient
Promotion and reference salary
Accountant
Approximately $10,000-$20,000
Experience 0-3 years
Accountant manager
Approximately $40,000 - $60,000
Experience 4-8 years
Chief Financial Officer
Approximately $60,000 - $100,000
Experience 8-10 years
Entry requirements
  • Required a bachelor degree in accounting, or equivalent, and a Hong Kong Institute of Certified Public Accountants Qualification Programme (CPA QP) to become an accountant
  • For the people who do not have accounting bachelor degree, you can also get the qualification from other way to become an accountant, see from below:- study Accredited Accounting Technician (AAT) Examination and get PA and PBE- then you can get the qualification of Certified Public Accountants Qualification programme
  • Good command of spoken and written English and Chinese
  • Require a basic computer skills (Type in Chinese and English and MS Excel)
Duties

Auditor is a third party independent of the company and their main duties are to examine and audit whether the financial report of the company is fair and true.

  • Verify assets and liabilities
  • Ensures all the documentary record complied with legal requirements and legislation
  • Provide professional services to customers in writing or verbally
  • Appraise internal control of audited entity is performed in complied with the prescribed procedures
Working hours

40-50 hours a week, work overtime

Working environment

Most of the time work in office, site visit might be required to evaluate company’s assets and documents

Personality
Attention to details
Patient
Promotion and reference salary
Junior Auditor
Approximately $18,000-30,000
Experience 0-3 yeras
Auditor manager
Approximately $60,000-$80,000
Experience 6-10 years
Audit supervisor
Approximately $80,000 - $120,000
Experience from 10年
Entry requirements
  • Require a relevant diploma or equivalent in accounting
  • For the people who do not have accounting bachelor degree, you can also study some related programme to get the qualification
  • Those who are in the auditing industry can also obtain an internationally recognized registered internal auditor (CIA) to become a registered auditor.
  • Require a basic computer skills (Type in Chinese and English and MS Excel)
Industry Sharing

Daniel Tang- Senior Accountant (Accounting)