Michaela Munro - Financial Accountant

Michaela Munro - Financial Accountant

What is your name?

Michaela Munro

What company do you currently work for?

Moray College UHI

What is your job title?

Financial Accountant

Provide a brief description of your business

With around 6,000 students, our college is a popular choice. Many study part-time and we are proud to be able to offer an extensive choice of courses on a flexible basis so that you can fit your studies around other professional and personal commitments.

Describe your career path after leaving school

I had applied to study Law at Robert Gordon University (RGU) in Aberdeen but then decided I didn't feel ready to move away. I studied a HND in Accounting at Moray College UHI and following this I was successful in gaining a Trainee Accountant role at a local accountants. While working full time, I studied towards my professional accountancy qualification with ACCA (Association of Chartered Certified Accountants). In my career, each job move has been to progress myself. Following my Trainee Accountant role, I worked as a Finance Officer for a housing association. Following this, I worked in an accounting firm in Inverness as an Accounts Senior. Then, from there, I got the current role I'm in - Financial Accountant at Moray College UHI. I have been successful in my career and gained a qualification while working and having children.

What school subjects would be helpful for your job role?

  • Business
  • Administration and IT/Computing
  • Maths
  • Accounting or Finance subjects

What is your favourite thing about the work that you do?

My favourite thing about being a Financial Accountant at Moray College UHI is the variety that the role offers and the workload. No day is the same which keeps it exciting and the brain engaged and developing.

Why did you want to work in this industry?

When I studied accounts, I loved it so much that I wanted to progress my career in this. There is lots of job opportunities in finance and accounting, including tax, VAT, payroll, accounting, and it is a job that will always be required.

Did you ever want to pursue another career?

I originally wanted to be a lawyer, as I love law, but couldn't face moving away. From what I know now in life and how I can reflect, I would have possibly liked to have been a midwife or in the police. I have partly fulfilled this dream as I qualified as a Special Constable with Police Scotland last year and this is something that I do voluntarily.

What does a typical day in your role involve?

I manage a team in my role. With some of the work they do, I am required to check and post the transactions. I also liaise with budget holders for information on their income and expenditure. I process the management accounts for the organisation as well as VAT returns, monthly cashflows, and other reporting deadlines. I also give advice to staff on procurement, financial processes to follow, respond to queries, check payroll and make payments. Another part of my role involves preparing the year end financial statements and liaising with auditors.

What skills are required to do your job?

  • Confidentiality is an essential part of the role
  • Attention to detail and the ability to work under pressure to meet deadlines
  • The ability to prioritise workload
  • Communication skills are required to liaise with all stakeholders
  • IT skills are a big part of the role as email and spreadsheets are used daily as well as various software packages

What is your advice to young people who are considering working in this sector?

If you choose this sector I recommend choosing the path that is right for you not everyone else. Also to be open to having a varied skill set so you are adaptable.

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Here at DYW Moray, we'd like to encourage those of you who are employed in Moray to share your career story with us so that we can promote these to Moray's young people. Go on, share your career story now!

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