Do you wish to know how to land up with the best entry-level accounting jobs? If yes, then the explanation provided in this article will help you in understanding things better.
The field of accounting has opened up new job opportunities for many young graduates and postgraduates. Due to increased corporate activity, the need for accurate accounting is increasing and hence accountants will be in great demand in the time to come. In fact, this is being rated as one of the fastest growing careers for the next few years by many experts. To succeed in the world of accounting and get the best entry-level jobs, you must be aware of the eligibility requirements and qualifications for these jobs.
Getting Entry-level Accounting Jobs
The most popular entry-level jobs in the accounting field are mainly those of junior accountant or level one accountant. These jobs are being created in the government as well as the private sector and can really pay well if candidates work with determination and professionalism.
To get these jobs, one needs to have a bachelor’s degree in the subject of accounting, from a recognized university. A master’s degree in accounting can help the candidates grab the best jobs in the market. They can even dream of working for multinational accounting and taxation firms, if equipped with a master’s degree. Apart from this, knowledge of subjects such as management accounting, managerial economics, financial accounting, organizational behavior, basics of marketing and accounting software can prove to be very useful. Many times, people having a management degree in finance are also seen engaged in accounting-related jobs for a lucrative career in the financial services sector.
Getting these jobs becomes easier with good practical experience. So, working as an assistant, under an experienced certified public accountant can help you take your career to an altogether different level.
Accountants are expected to be aware of the accounting rules and regulations, conventions, important principles, changes in accounting methods, and international accounting standards.
Basic computer knowledge and application skills are also essential to become a good accountant. Apart from this, hard work, sincerity, consistency in work, ability to learn new things, good communication and interpersonal skills are necessary for achieving success. With experience, these junior accountants can get promoted to senior levels and work as accounts managers, senior general managers of accounts, chief financial officers, etc.
Salaries for Accounting Jobs
The salary largely depends on the skills, number of years of experience, educational qualifications, and the employer. Many factors, including the city in which one works also influence the salary figures. The entry-level salaries can be in the range of USD 30,000 to USD 45,000 per year.