Accounting consultant, financial statements, declaration

What does an accountant specializing in year-end closing and tax returns do? – Tasks and work environment

An accountant focusing on year-end closing and tax returns is responsible for helping companies and organizations prepare accurate financial statements and handle tax declarations according to applicable laws and regulations. Tasks include ongoing bookkeeping, reconciliations, reporting, preparing annual reports, and tax filings. The accountant often acts as an advisory partner to clients, providing financial guidance for important decisions. The work is mainly performed at an office, either independently, at an accounting firm, or within a company's finance department. The pace can be high, especially during closing periods and tax season, requiring precision and good organizational skills.

Salary development over time

The average salary for accountants specializing in year-end closing and tax returns has shown steady growth over the past three years. In 2022, the average salary was 41,200 SEK per month, rising to 43 000 SEK in 2023. For 2024, the average monthly salary is 44 300 SEK. This development corresponds to an increase of about 7.5% over the three-year period. The increase is driven by continued demand for qualified accountants, along with higher requirements for formal education and digital competence. Salaries are also affected by competition for talent within finance and accounting fields and employers' need for specialized knowledge in regulations and tax matters.

Accountant – year-end closing and tax return salary: comprehensive overview

• Average salary: 44 300 SEK/month
• Lowest salary: 33,200 SEK/month (male, private employee, pre-secondary education)
• Highest salary: 48,500 SEK/month (male, private employee, post-secondary education 3+ years)
• Hourly wage: 266 SEK
• Women: 44 000 SEK/month (97% of men's salary)
• Men: 45 400 SEK/month
• Regional differences: Salary levels may vary depending on the region, with somewhat higher salaries in metropolitan areas.

Education and qualifications

To work as an accountant focusing on year-end closing and tax returns, a post-secondary education in economics, such as a university or vocational college program, is typically required. Many employers also value experience with accounting software and knowledge of current regulations. Further training and certifications can be advantageous and increase opportunities for higher salaries or specialized assignments.

• Post-secondary education: Economics program at university or vocational college (2–4 years)
• Certifications: For example, SRF Authorized Accountant
• Internship: Internships or trainee positions are often included during studies
• Prerequisites: Good knowledge of economics, mathematics, and IT
• Courses: Ongoing continuing education in bookkeeping, taxation, and digital tools is recommended

Common benefits and compensation

Typical benefits for accountants include occupational pension, wellness allowance, and flexible working hours. Some employers also offer bonus programs, skills development, and remote work options. Subsidized lunches or staff discounts are also common, depending on the size and focus of the workplace.

Competition and challenges

The competition for roles as an accountant is moderate, characterized by a balance between supply and demand, according to the Swedish Employment Agency’s forecast. The profession is affected by digitalization and increased automation, which require continuous updating of knowledge about new systems and regulations. During busy periods, such as during closing, stress levels can be high. Success requires accuracy, integrity, and the ability to meet deadlines. At the same time, the profession offers opportunities for development and specialization within specific areas.

Tips for aspiring accountants focusing on year-end closing and tax returns

To succeed as an accountant in year-end closing and tax returns, it is good to be analytical and detail-oriented, as accurate figures and reports are crucial. Good communication skills facilitate collaboration with clients and colleagues, especially when explaining complex regulations in an understandable way. Flexibility and problem-solving skills are valuable when facing new challenges or changing laws. Gaining early experience through internships or part-time jobs enhances understanding of the profession’s requirements. Engagement in ongoing education about current financial systems and tax legislation provides a competitive edge in the job market. A professional and service-minded attitude contributes to long-term client relationships and opportunities for further development. Strong IT skills are also an advantage in today’s digital economy.

Key facts about accountants specializing in year-end closing and tax returns

• Educational level: Post-secondary education (2–4 years)
• Work environment: Office-based, often high-paced during closing periods
• Average monthly salary: 44 300 SEK
• Demand: Moderate, approximately 758 available jobs in the profession
• Typical employment: Employed at an agency or finance department, sometimes as a consultant

Career paths and future prospects

After three to five years in the profession, an accountant can advance to more qualified roles, such as authorized accountant, financial manager, or accounting supervisor. Opportunities also exist to specialize in tax advisory, group accounting, or to start a own business. According to the Swedish Employment Agency’s forecast, the job market for accounting professionals is considered balanced, with moderate opportunities and unchanged demand over the next five years. Digitalization drives the need for skills in new systems and regulations, benefiting those investing in continuous professional development. The profession provides a stable foundation for further career advancement within finance and corporate management.

Frequently asked questions about accountants specializing in year-end closing and tax returns

• What does an accountant specializing in year-end closing and tax returns earn?
  - The average salary is 44 300 SEK per month, with variations depending on experience and education.
• What education is required to become an accountant?
  - A post-secondary education in economics, often university or vocational college, is recommended.
• Are there gender differences in salary?
  - Yes, women earn approximately 97% of what men do in the profession.
• What is the job market like for accountants?
  - The job market is considered balanced with moderate opportunities and about 758 available jobs.
• What tasks are included in the role?
  - Ongoing bookkeeping, preparing financial statements and tax returns, as well as advising on financial matters.
• How has salary development looked?
  - Salaries have increased by about 7.5% over the past three years.
• What career paths are available?
  - Advancement to certified accountant, financial manager, or department head, as well as specialization in various areas, are possible.