Public Sector: currently 38 jobs.The latest job was posted on 27 Feb 20.
In this section of eFinancialCareers we bring you finance job opportunities within the public sector.
Employers in the public sector include central government, regional or local governments, and organisations associated with the government, such as regulatory bodies and central banks.
Public sector financial jobs can be in the finance departments of non-financial services departments such as healthcare and education, or in any function within a finance oriented organisation such as a regional or central bank.
Accountancy is particularly important within the public sector. The tax paying public expect accurate, transparent records to be kept of assets, costs, incomes and resources. Through their reporting, accountants can help public sector organisations track progress against targets, and monitor budget spend. They also play an integral role in forecasting and target setting.
Accountancy careers in the public sector
There is ample opportunity to pursue and interesting and varied accountancy career within the public sector.
Junior level jobs include internal auditors and cost accountants, with more senior positions available for experienced financial accountants, right through the chief finance officers.
Skills and qualifications
Whether in the public or private sector, accountants require the same methodical working approach, attention to detail, and ability to communicate clearly in written and spoken form.
Internationally recognised accounting qualifications are often necessary for career advancement. It is also possible to study for finance qualifications specifically for the public sector, such as the Certificate in International Public Sector Financial Reporting (Cert IPSFR).
Public sector and private sector overlap
There are a number of areas within finance where the public and private sectors overlap. For example public regulatory bodies may be involved in the inspection and audit of private sector organisations, while private enterprises may be contracted to provide services to public sector bodies.
For this reason it is important that anyone working in the public sector has a good working knowledge of the areas of the private sector with which they will be interacting.
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