What Does a General Accounting Analyst Do? Career Path, Skills & Salary Insights
Want to know what a General Accounting Analyst actually does? This article breaks down the key responsibilities, must-have skills, and career pathway for aspiring finance professionals in Malaysia.
By Matt Khoo on 2025-04-09 at 3:26 AM
Updated on 2025-04-09 at 3:36 AM
If you enjoy numbers, structure, and problem-solving, a career as a General Accounting Analyst might be the right fit for you.
This role is one of the most essential positions in the finance department, offering insights that drive sound financial decisions.
Whether you're a finance student, fresh graduate, or someone considering a career switch, understanding the full scope of what a General Accounting Analyst does can help you plan your next steps wisely.
What Is a General Accounting Analyst?
A General Accounting Analyst supports the financial operations of a company by analysing financial data, maintaining records, and ensuring compliance with accounting standards. They're responsible for the accuracy of financial reports, supporting audits, and identifying areas for improvement in budgeting or cost control.
Their work often supports senior decision-makers like finance managers and controllers, making their role critical in any company’s financial health.
Key Responsibilities of a General Accounting Analyst
While the job scope may vary across industries and companies, here are the most common responsibilities:
- Preparing journal entries and reconciling general ledger accounts
- Assisting in monthly, quarterly, and year-end closings
- Generating financial reports and summaries for management
- Supporting internal and external audits
- Ensuring compliance with accounting standards like MFRS or IFRS
- Identifying process improvements for more efficient financial operations
Want to get familiar with the basics? Read Understanding Accounts and Ledgers to build a solid foundation in general accounting.
Must-Have Skills to Succeed
To thrive as a General Accounting Analyst, you’ll need both technical expertise and strong attention to detail. Here's what most employers look for:
- Accounting Software Proficiency – SAP, Oracle, SQL, or Microsoft Dynamics
- Excel Mastery – Pivot tables, VLOOKUP, and data analysis formulas
- Financial Reporting Skills – Understanding how to prepare and interpret financial statements
- Analytical Thinking – Ability to detect anomalies and make data-driven suggestions
- Time Management – Managing monthly closings and deadlines under pressure
Looking to level up your accounting career? Read Mastering Financial Reporting for more in-depth advice.
Career Path and Progression
General Accounting Analysts often begin their careers in entry-level finance roles such as Accounts Executive or Junior Accountant, and move on to more strategic roles like:
- Senior Accounting Analyst
- Finance Manager
- Financial Controller
Depending on your interests, you could also pivot into Financial Analysis, Audit & Taxation, or Corporate Finance.
Salary Expectations in Malaysia
Salaries for General Accounting Analysts can vary based on experience, qualifications, and company size:
- Entry-Level (0–2 years): RM2,800 – RM4,000/month
- Mid-Level (3–5 years): RM4,500 – RM6,500/month
- Senior-Level (6+ years): RM7,000 – RM10,000+/month
Earning potential increases significantly if you pursue additional certifications like ACCA, CPA, or CIMA.
Looking to start your journey? Explore jobs on Hiredly, take the Work Personality Test to discover your strengths, and join our Young Talent Community to build meaningful connections in the finance industry.
By Matt Khoo on 2025-04-09 at 3:26 AM