Accountant Jobs

Accounting is a major support function for every organisation. It is one of the most demanded career choices for candidates who decide to opt for commerce as the field of specialisation after 12^th class. So, if you are looking to start a career in accounting, this is for you.

✅ What does an accountant do?

An accountant is a specialist in the field of business finance. He is hired to deal with preparation of taxes, create and analyse financial records of the company, make financial reports of individuals and companies. As an accountant, their major role is to monitor companies’ profits and losses. In addition, they also have to ensure that their clients follow tax regulations and laws.

✅ How to become an accountant?

To become an accountant, one requires to have degree of specialisation in accounting, finance or in a related field. It is not only the certifications but you should also have a strong commitment to learn business finance. Moreover, most companies expect accountants to play multiple roles in handling finances and become a one stop professional who may handle stakeholders’ questions and have the ability to become a certified public accountant.

✅ What educational qualifications are required for an accountant job?

The field of accounting is quite strict comes to educational requirements. There are well-defined education policies here and people who fulfil this criterion are allowed to take up a job in this profession.

Some of the top courses approved in India for pursuing a career in Accounting are:

• B.Com.
• M.Com.
• FRM
• Business and Management
• AAT - Association of Accounting Technician’s
• Bookkeeping
• Budgetary Control
• CIMA

To start a career as an accountant one may pursue any of these courses. Although, the level of job one may get form these courses may vary for the people with 1 to 2 years of work experience.

✅ What are various job roles available in accounting jobs?

• Accountant
• Accounting Manager
• Accounting Officer
• Accounting Supervisor
• Business Analyst
• Certified Public Accountant (CPA)
• Cost Accountant
• General Accountant
• Project Accountant
• Staff Accountant
• Retail Accountant
• Country Accountant
• Assistant Manager Accounts
• Deputy Manager Accounts
• Senior Manager Accounts 

✅ What are the job responsibilities of an accountant?

Some of the job responsibilities that accountants need to take-up include:

• Preparation of budgets
• Record transactions and settle account balances
• Formulate accurate paper works, agendas, and settlements for financial audit purposes
• Send bills to accounts department in headquarters.
• Make sure that company follows accounting norms.
• Be updated with local taxation laws.
• Coordinate with external stakeholders.
• Prepare disbursement records.

Along with all these, Accountants are required to perform a wide range of duties which may vary from employer to employer and the domain company specializes in. Irrespective of whether you are working with corporations, individuals, or government agencies, being an accountant, you should be able to file legal financial documents for example, the major information that the public companies must tell to investors. Further in case of, of individual clients, the work might be something as annual income tax forms etc.

Accountants who work with businesses must be able to analyse internal financial documents to ensure that the departments are fulfilling the conditions stated in law, and make recommendations for budget.

✅ What are the skills required for accounting jobs?

• Software for Accounting: Intuit QuickBooks, Fund accounting software, Tax software, Sage 50 Accounting.
• Query Software and Database user interface: Structured query language SQL, Microsoft Access, Oracle software, Best Software Payroll.
• (ERP) Enterprise resource planning software: Sage ERP Accpac, Oracle PeopleSoft, SAP, Microsoft Dynamics.
• Software for Financial Analysis: RSM McGladrey Auditor Assistant, Delphi Technology, Oracle E-Business Suite Financials, Brentmark Estate Planning Quick view.
• Software for Tax Preparation: Orrtax Software IntelliMax Classic, BNA Income Tax Planning Solutions, ATX Total Tax Office, Intuit Lacerte.

✅ Which are top cities for accounting jobs in India?

• Gurgaon
• Noida
• Bangalore
• Mumbai
• Delhi
• Hyderabad
• Chennai
• Kolkata
• Lucknow

✅ How to find a job as accountant in India?

• Job Boards/Job Portals: This can be one of the best ways to find accountant jobs in India. There are various recruiters who are on a constant lookout for relevant candidates and job boards allow candidates to apply for various jobs and find new vacancies quickly.
• Company Website: If you already have your dream company in mind or you are trying for a big jump then going directly to the company’s website and submitting a resume there can make a lot of sense. This could be a good way of finding and applying for the job directly with the company.
• Networking: Networking can take you to great heights in life. Most people in India find jobs through references. You can use various social media sites for networking and connecting with professionals who can help you in finding the job.

✅ How much does an accountant earn in India?

• At initial level an accountant with less than 1 year of work experience can expect to take home an average total Salary of ₹297,686.
• At early stage of career an accountant with 1-4 years of work experience can make earning of average total compensation of ₹325,522.
• Reaching to the mid-level career as an accountant with 5-9 years of work experience one may get an average total pay of ₹597,087.
• After becoming an experienced accountant with 10-19 years of work experience you may earn an average total compensation of ₹756,757.
• Reaching late career i.e. 20 years and higher, employees can draw an average total amount of ₹822,315.