It is smart to pursue a career as an accountant, given the bright outlook for accounting jobs for 2022 and beyond. A master‘s degree in Accounting will make you highly sought-after and well-prepared for senior and management positions. Many accounting students are hired by finance and accounting firms before they even graduate. Continue reading to learn how to build an accounting career.
What Are Some Of The Careers In Accounting?
What is the best career in accounting? Auditors inspect a company’s financial records to verify accuracy and reliability. An Auditor is one of the top leading best career in accounting. The role of an auditor will vary depending on whether the auditor is internal, external, government, forensic, or another type. Auditor responsibilities include preparing and reviewing financial statements in compliance with laws, making best practice recommendations to management and filing taxes on time. Read: What Do Auditors Do On A Daily Basis?
Average Salary: $60,232
2. Information and Technology Accountant
Technology and accounting careers are in high demand. Information and technology accountants determine which financial system is used by a company to organize and report its financial data. This job requires knowledge in both information technology and accounting. It is ideal for someone who is good at solving problems and is interested in finding technology solutions.
Average Salary: $79, 709
3. Senior Financial Analyst
Financial analysts are responsible for assessing the financial health of businesses and helping to make investment decisions. The specific duties of a financial analyst will vary from company to company. This makes it more flexible than many other accounting jobs. This job is for those interested in financial modeling, data collection, spreadsheet maintenance, forecasting,
communicating with investors, management, and developing an investment thesis.
Average Salary: $94,543
4. Forensic accountant
One of the most exciting jobs in law enforcement is forensic accounting. Forensic accountants investigate fraud and use accounting skills such as auditing to give expert opinions in court. As juries, judges and attorneys will scrutinize the reports of forensic accountants, they must be meticulous.
Average Salary: $82,874
5. Managerial accountant
Managerial accountants are responsible for analyzing profits and costs, as well as planning and preparing financial reports to internal employees. Their primary goal is to assist high-ranking executives in making financially responsible and informed decisions. They are responsible for adjusting operation and cost-based plans, forecasting and overseeing product processes, incremental costing and enterprise optimization.
Average Salary: $62,132
The controller oversees the accounting department of a company and is responsible for implementing high-level financial strategies. A controller’s main tasks include maintaining financial statements, payroll, budget preparation, general ledger management, tax compliance, and many other duties. If you are interested in becoming a corporate controller, it is important to have experience in tax management and business forecasting.
Average Salary: $107,027
7. Chief Financial Officer (CFO)
While the job responsibilities of a CFO vary depending on the company they work for, there are some areas that all CFOs should excel in. These areas include financial management, performance and business strategy. Cross-functional leaders, CFOs help companies make informed financial and business decisions. CFOs are responsible for implementing revenue strategies, identifying financial risks and opportunities, as well as other responsibilities. CFOs with high salaries have many credentials. It is worth considering getting your MSA if you want to be a CFO.
Average Salary: $177,546
Having looked at numerous types of jobs or careers in the accounting field and their respective salaries, we can conclude that Chief Financial Officer job is the most glamorous and the best in accounting.
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