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 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 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.
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 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 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.
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.
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
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
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
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
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
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
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
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
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
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
Accounting is the study of the way businesses keep track of their income as well as their assets over a specific period. There are several things on can easily learn from choosing one of the careers in accounting. One of the most important lessons in learning the ways businesses usually work. Most people are not aware of the fact that most successful businesspersons were accountants who later wanted to open a business of their own. The main reason is that accounting is actually a business language. A system accumulates and measures the following:
a) Business activities
b) Transformation of information into reports
c) Communication of output to the management of top level
If you think that these are not many options under the category of Careers in accounting, you are wrong. You would be amazed to know that there are endless opportunities in accounting career.
Here are some of the Careers in accounting:
a) Public practice: This is an amazing career opportunity in the field of accounting. This can be adopted as a starting of one’s career. One can easily practice as a public accountant. Public accountants need to render many services with a fee. They are adept in coordination or work in collaborations. This is the best way to offer accounting services to a lot of individuals, private businesses as well as governments. Here, it is extremely important for the public account to be certified. This will allow him or her to practice freely and proficiently in one of the management advisory services or as individually. There are several duties a public accountant requires to undertake such as taxation, auditing and management advisory services. Public accounting is one of the best opportunities to obtain a good amount of business experiences. The best part is that all these experiences are multifaceted.
b) Education: Most of the accountants are hired as reviewers, researchers or professors. These professionals ensure consistent development of the profession via making great efforts to clear out and face issues via making efficient research and then distributing the results obtained thereafter.
c) Commerce and industry: An accounting group is extremely important for any corporation irrespective of its size. This group contributes towards preparation and organization of financial statements. The group also keep good tab of costs and takes good care of tax issues and work on global transactions. With good practice and hold in the field of accounting, one may also be hired as vice president for the finance department of a corporation.
d) Government service: Accountants hired for government service are supposed to work either for local, state, or federal level. An accountant in government service put the budgets together, then keep good track of all the government cost, and thereafter analyze the government’s programs.
The above-mentioned are just a few opportunities that you can avail under the category of Careers in accounting. All you require to do is to master yourself in this field and earn as much as you desire.
Bachelors of Business Administration, Finance, or Accounting. Thanks in advanced for any input.
Of those three, Finance. Accountants will never be out of work either. BBA is a great job, and has a lot of potential upside, but in this economy, those are the first people to lose their jobs.
few years later the company employ my superior who has vast experience but not in the accounting.this lead to me have to trained her and she has to refer to me every now and then for any transaction.my boss told me i cannot lead the accounts dept because i have no leadership skills thats y they did not promote me instead they hire someone.prob is i m being paid less than her and i m not happy as every now and then she will refer to me.she is not capable to compile a set of accounts.i love my work but i m not happy.no promotion, poor pay, bg referred to by my superior.mayb i am not capable to lead.
i appreciate your suggestion and advise.
Totally understand. I was brought on in a supervisory capacity. But because this upset the persons who were here before me, my job was down graded. I have an AR clerk and an A/P clerk that have a higher status than I do. I’m the one with the education and experience, I find the problems, basically I clean up the crap. My boss is a spineless person who talks a good game, but when it comes down to it, he sides with the people that have been here longer. The company is a private one, so the owners treat the long timers with special preferences. If they are happy, then my boss is happy. It makes him look good.
When he has problems, then they are referred to me. I have to pick up his extra work; but only if it goes through him first. Hence the controlling of his exposure. As long as no one sees me in the background he is safe. Been her for 2 years and had no review or raise. Most people do not even know what I do, they assume that I am my bosses grunt and secretarial assistant.
This place is a complete and total joke. I have decided to not waste my time here trying to make a difference. I am going back to school to add to my educational diversity. When I am done I hope to have no 9-5 desk job.
Do yourself a favor and take a look at what it is you want and what steps you need to get there.
Australians in Toronto.
Looking to find immediate work placement with accounting background.
There are so many agencies and avenues could someone with expertise please direct us to the most reliable source for jobs.
Accountemps, with locations all over the GTA. You won’t get charged a fee either.
If you are currently in school, I would contact your Career Development Center and see what sort of programs they have set up with the different accounting firms. Usually colleges have recruiting events with the firms on campus. If these events have already occurred, they may even be able to provide you with individuals to contact directly.
Another option is to contact the accounting firms directly. Check their websites to see if they offer the option to apply online. The website may also have the email address or phone number of the Recruiting Manager for the local office that you would like to work at.
I would apply for internships at a few different firms.
