The Accountant Job Market
Written by admin on November 25th, 2010The main work associated with an accountant is looking over a firm’s financial reports, public records and ensuring tax pay on time. The job duties vary from one firm to another. A government accountant undertakes reports of government agencies and private firms where government tax regulations are associated. A management account on the other hand analyses financial information and advises the private firm. Work gets proliferated more and more in a hierarchic form in big organizations.
A Bachelors degree in accounting is a must if you want to pursue your career in this field. Additional experience, Masters Degree, diploma courses, computer skills are definitely an advantage. The advantage of holding a degree in accounting is self explanatory. With capitalism ruling the economy, there has been an immense increase in private firms. The need to keep a track of the finances of these firms also has been growing. Thus the ever increasing demand of accounting jobs in the market, be it accountants, auditors, budget officers, financial analysts, etc. With an experience of 5 years in the field, one can get a job of senior accountant or staff accountant.
In fact after the gloomy recession of 2009, the market conditions have improved a lot. The number of job opportunities for accountants have started shining again. Accountant jobs are mostly tedious desk ones. When some work in firms, many accountants are self employed. Along with the qualifications mentioned above, for a self employed accountant the license of Certified Public Accountant (CPA) is compulsory. Sometimes professional experience attested by the firm concerned can be equivalent to a CPA. A CPA basically certifies one as a competent achiever in the field.
Good communication skills, mathematics skills also hold prior importance in the accountant market. An accountant mostly deals with clients and his official financial work. In such a deal, professionalism and honesty are the best policies. This holds especially for self employed accountants, who can earn a huge amount through trust of clients. The whole market is interlinked. If one can make a good name, the tentacles spread in no time.
An accountant job depending on the size of the firm and work delegated provides 5 to 6 figure salaries. If you manage to establish a platform in the market, success is inevitable. More so with the firms increasingly in need of accountants and auditors. The demand for forensic accountants has increased due to the corruption breeding in the market. With internet, the number of fraudulent activities is on the rise and it has become indispensable for firms to hire risk advisers.
A complementary characteristic of an accountant’s job is providing Consultancy services. Having an idea of international business, expertise in computer software can be beneficial for certain categories of jobs in the accountant market. One has to follow a path of sincerity and dedication to land up in the lap of success as an accountant. It is a step by step process to success. Follow it and you will rule.
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