Accountant Careers

All You Need To Know About Accounting Careers

Archive for November, 2009

Nov-5-2009

Welcome to Accountant-Careers.com


Hello and Welcome to Accountant-Careers.com.

I know that many people are thinking about starting their careers in the Accounting field. The purpose of this Blog is to help you make this important decision an educated one. Unlike regular Job Search Sites, we collect information from thousands of sources including all major Job Boards and internal postings from companies’ websites.

When you consider Accounting Careers there are plenty of options. Please click on the Jobrolls to start your Job Search immediately.

Financial Accounting

Financial accountants prepare financial statements based on general ledgers and participate in important financial decisions involving mergers & acquisitions, benefits/ERISA planning and long-term financial projections. The work can be varied over time. One day you may be running spreadsheets. The next day you may be visiting a customer or supplier to set up a new account and discuss business. This work requires a good understanding of both accounting and finance.
Management Accounting

Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis. Major functions include cost analysis, analysis of new contracts and participation in efforts to control expenses efficiently. This work often involves the analysis of the structure of organizations. Is responsibility to spend money in a company at the right level of our organization? Are goals and objectives to control costs being communicated effectively? Historically, many management accountants have been derided as "bean counters". This mentality has undergone major change as management accountants now often work side by side with marketing and finance to develop new business.
Audit  

Work in audit involves checking accounting ledgers and financial statements within corporations and government. This work is becoming increasingly computerized and can rely on sophisticated random sampling methods. Audit is the bread and butter work of accounting. This work can involve significant travel and allows you to really understand how money is being made in the company that you are analyzing. It’s great background!
Budget Analysis

Budget analysts are responsible for developing and managing an organizations financial plans. There are plentiful jobs in this area in government and private industry. Besides quantitative skills many budget analyst jobs require good people skills because of negotiations involved in the work.
Tax Advisors

Tax accountants prepare corporate and personal income tax statements and formulate tax strategies involving issues such as financial choice, how to best treat a merger or acquisition, deferral of taxes, when to expense items and the like. This work requires a thorough understanding of economics and the tax code. Increasingly, large corporations are looking for persons with both an accounting and a legal background in tax. A person, for example, with a JD and an CPA would be especially desirable to many firms.

For Top Ten Jobs in Banking & Finance please scroll down to the next post and start your search by popular job titles.

Whatever your talents, interests, and educational background, there is a Career in Accounting for you. No matter what path you choose to follow, on behalf of all bankers, I wish you success and personal fulfillment in the career of your choice. Hopefully my Blog will assist you in your journey.
Good luck in your Job Search.

Karen B.

Posted under Accountant Careers, Accounting Careers, Accounting Employment
Nov-3-2009

Accountant Careers: Top Ten Jobs in Banking & Finance


 Top Ten Jobs in Banking &Finance.
 


 Please click on real-time Jobrolls’ results to start your search immediately

1. Financial analysts


work for businesses to help them or their clients make investment decisions. Analysts must have a bachelor’s degree, often in business administration, accounting, statistics or finance, analysts with a master’s degree in business administration will find themselves among the most desirable employees.

Average salary: $58,205/year*;
With benefits and bonuses: $73,594

 

2. Personal financial advisors


use their knowledge of investments, tax laws and insurance to recommend financial options that help individuals meet their short- and long-term goals. Advisors with a bachelor’s degree in accounting, finance, economics, business mathematics or law will have the best opportunities for jobs in their field.

Average salary: $66,405/year;
With benefits and bonuses: $85,553

 

3. Accountants


analyze, plan, evaluate and advise on matters of accounting theory and practice. A bachelor’s degree in accounting or a related field is usually required, but those with a master’s degree or experience to boot will have better job opportunities.

Average salary: $43,215/year
With benefits and bonuses: $52,813

 

4. Auditors


examine and analyze accounting records and prepare financial reports for clients. Auditors usually need a bachelor’s degree, but as with accountants, experience and advanced degrees increase their chances of getting hired.

Average salary: $57,365/year;
With benefits and bonuses: $68,138

 

5. Loan officers


assist individuals and organizations in applying for loans, assess the individuals’ creditworthiness and help them determine the most appropriate type of loan for his/her needs. Employers usually require loan officers to have a bachelor’s degree in finance, economics or a related field. Loan officers will find experience in banking, lending or sales and knowledge of computers to be huge assets in their job search.

Average salary: $48,318/year;
With benefits and bonuses: $58,685

 

6. Collectors


keep track of accounts that are overdue and attempt to collect payment on them, making computer literacy and good communications skills a must in this job. Most collectors are required to have at least a high school diploma; however, employers prefer workers who have completed some college or who have experience in other occupations that involve contact with the public.

Average salary: $27,960/year;
With benefits and bonuses: $33,215

 

7. Bank tellers


cash checks, accept deposits and loan payments and process withdrawals. They also may sell savings bonds and travelers’ checks, accept bill payments and process paperwork. Most tellers have at least a high school diploma, but people with bachelor’s degree in business, accounting or liberal arts may get jobs as tellers to break into banking with the hopes of being promoted.

Average salary: $19,828/year;
With benefits and bonuses: $24,793

 

8. Buyers


buy the goods and services a company needs either to resell to customers or for the establishment’s own use. Educational requirements vary with the size of the organization, but many manufacturing firms prefer applicants with a bachelor’s or master’s degree in engineering, business, economics or one of the applied sciences.

Average salary: $44,919/year;
With benefits and bonuses: $54,428

 

9. Treasurers


direct an organization’s financial goals, objectives and budgets. Their duties may include overseeing the investment of funds and executing capital-raising strategies. Employers require a bachelor’s degree in accounting, finance, economics or business administration; however, employers increasingly are placing emphasis on advanced degrees in these fields.

Average salary: $97,645/year;
With benefits and bonuses: $130,957

 

10. Budget analysts


provide analysis and assistance to help companies develop their annual budgets, decide how to allocate current resources and estimate future financial requirements. A bachelor’s degree — often in finance, economics, accounting, business, statistics, political science or sociology — is the minimum requirement for most employers, but an advanced degree is often preferred and sometimes required.

Average salary: $55,566/year;
With benefits and bonuses: $67,586

Posted under Accountant Careers, Accounting Careers, Accounting Employment
Nov-18-2009

Which career do you think would be better to choose a tax lawyer or an accountant?

I also wanted to know how are the two careers related and different? I would prefer somebody who has been in both fields but all answers are encouraged.

If you like the money and can handle the stress go for the lawyer job first. You will need to stay in school a lot longer, too. An accountant still has to know his stuff but is not in the same league both in abilities, stress and education levels.

You could be going to school to become a tax lawyer and working on the side as an accountant. After all you need the practice of burning the candle from both ends to make a highly successful attorney.

Posted under Accountant Careers
Nov-8-2009

Commercial Banking Job

Search commercial banking job, insurance career, accounting careers, finance employment, investment banking jobs, banking jobs in usa, finance jobs in usa, career in banking.

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Posted under Accounting Careers
Nov-8-2009

San Diego Accounting jobs, Accounting Career San Diego

http://www.climber.com?source=SDAcct
Accounting Jobs San Diego, Accounting Careers in San Diego, Accounting Jobs & career advice from climber.com. Learn about the skills that will get you your next Accounting Job.
http://www.climber.com?id=SDAcct

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Posted under Accountant Careers
Nov-8-2009

How is the Accounting Career?

I’m an accounting student,

Do you really like your career? Is it very stressful? How is the pay? Is it rewarding? What career paths do you recommend?

Thanks

Depending on the type of accounting you do, tax season can be very stressful. From the first of the year up until April 15th, or so. My friend does accounting work for a large insurance company. The plus side is that he’s always in demand by various businesses, so jumping ship would be easy for him. The downside is that he says the job is dull as hell. Personally, that seems like my idea of purgatory. But to each their own. Try and job shadow somebody, or get an internship to test the waters. Sometimes seeing the environment you may be working in can really open your eyes. Good luck!

Posted under Accounting Careers
Nov-8-2009

What is a sample math equation that an accountant would use?

For a math project, I need to do a poster on a career involving math. I chose to do it on an accountant, and one of the requirements of the project is that I need a sample math problem that is related to the job.

One of the most fundamental equations is:
Assets = Liabilities + Owners equity + (Revenue – Expenses)

Posted under Accountant Careers
Nov-4-2009

Private Banking Job

Largest collection of private banking job, banking job board, career in banking, banking job openings, accounting job board, finance career, insurance career, accounting careers, finance employment, investment banking.

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Posted under Accounting Careers
Nov-4-2009

Accountant Positions – Hound.Com

http://www.hound.com accountant careers, accountant positions, accountant job opportunities, accountant jobs, hound.com

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Posted under Accountant Careers
Nov-3-2009

How can I get started in an Accounting Career,?

I don’t have any direct accounting experience, but have a Masters in Business Admin. Please advise??? I want to become a CPA. Should I take the exam first, or try to get the experience first?

Take a good CPA review course. Take the exam after the course. In the mean time find an entry level accounting job to get your required experience.

Accounting can be a very rewarding experience. An Accounting career can be used to springboard you into management & company ownership.

Posted under Accounting Careers