An accounting specialist has a number of accounting duties, including payroll and financial transaction reporting. As an accounting specialist, you are usually employed by financial institutions, such as banks, or as part of the accounting and payroll departments of a company or organization. In this career, your responsibilities are to keep accurate accounting records related to general ledger entries and to complete accounting reports, specifically for accounts payable and accounts receivable. Qualifications include a certificate or associate degree, experience with accounting techniques, and math and problem-solving skills.