Accountant

Building a Strong Foundation for Your Accounting Career: Your Go-To Guide

About

An Accountant refers to a professional performing accounting functions such as account analysis, auditing or financial statement analysis. Moreover, they record business transactions on the behalf of an organization, prepare performance reports of the company for management as well as issue financial statements. They work for individuals, large businesses and organizations.

Furthermore, their major responsibility is to ensure the accuracy of financial documents and their compliance with relevant laws and regulations. Accountants need to have an eye for detail as well as technical skills in order to flourish in their career. Accountants need to pass the CPA exam and have to meet the state licensing requirements.

Eligibility

For Bachelor’s

  • Aspirants need to pass 10+2 with at least 50% marks and must have Accounts, Economics and Mathematics as their core subjects from any recognised board. 
  • Students can opt for a Bachelor's degree course like B.Com, BBA or any other related field.

 For Masters

  • To gain job market knowledge, one can opt for a Master's degree course like M.Com or MBA

Job Roles

The field of Accountancy aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:  

  • Account Executive
  • Accounts Assistant
  • Manager
  • Accountant
  • Senior Accountant
  • Field Executive
  • Bookkeeper
  • Billing Executive
  • Analyst
  • Finance Manager
  • Assistant General Manager

Top Recruiters

There are many recruiters from leading companies who enlist potential students in the Accountancy field. Following are some Recruiters from where students can find an employment opportunity in India: 

  • Deloitte
  • Accenture
  • EY
  • Amazon
  • ICICI Bank
  • KPMG
  • Wipro
  • IBM
  • HDFC Bank
  • PwC
  • Wells Fargo

Salary

The salary range may vary from company to company, but the salary of an Accountant is very impressive only in India.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx Rs 1,30,000

Mid Level Salary

Approx Rs 2,58,000 

Senior Level Salary

Approx Rs 5,16,000 

Skills

  • Writing Skills
  • Interpersonal Skills
  • Time Management 
  • Problem Solving Skills
  • Attention To Detail
  • Mathematical Skills
  • Understanding of Finance

Scope

An Accountant is a professional who maintains the books of accounts for small, medium as well as big organizations. Moreover, they are responsible for maintaining a ledger, balance sheet, profit and loss statement, other details of bookkeeping and much more. Over the years the demand for accounting services has increased drastically.

So, the career scope of Accountants is bright and rising. Accounts play numerous roles in an organization like Auditing and Assurance, Tax Consultancy, Accounting Services, Financial Reporting and much more. So, right now is the correct time to be a part of this field, but one must have time management as well as problem solving skills in order to be successful in this career field.

Benefits

  • Clear Career Path
  • Stable And Growing Job Field
  • Great Earning Potential
  • Remote Work Opportunities
  • Way to Help Others
  • Entrepreneurial Potential
  • Financial Literacy

Drawbacks

  • Monotonous Work 
  • Continuous Education Upgradation
  • There are Busy Seasons
  • Stressful Work
  • Extended Hours