Accountant Jobs And Career In India

Introduction

Accounting is one of the most varied fields with increasing opportunities. If you’re new to the field or are just planning to enter, this article will be of great help to you. There is a broad spectrum of job types in the field. But, it’s just that not all of them are that popularised and hence students tend to get worried about getting good jobs. So, let us take you through some great options available in the list of chartered accountant jobs. Additionally, we will also be answering the most crucial questions related to the field here, so stay put!

Different jobs require different qualifications, and that’s where you need your research. Speaking of minimum requirements, most of them need a bachelor’s degree in business or accounting related fields. It would be best to be thorough with what the job requires before mapping your path to it.

Some jobs like general account maintenance and bookkeeping may only need a bachelor’s degree in accounting. Whereas, if you’re aiming for advanced and higher positions in accounting jobs, you may need a master’s degree. Also, it’s important to mention that most of the highest paying chartered accountant jobs or similar ones in this field demand CPA credentials. CPA stands for Certified Professional Accountant, and people with this certification can handle relatively complex accounting tasks.

However, some requirements are specific only to some accounting jobs. So, you should always study the requirements of any specific option that interests you.

Let’s now look at some of the best accounting jobs.

What kind of jobs are in accounting?

1. Chegg India

Chegg India is an educational portal where students worldwide come to learn and clear their doubts. As a Q&A expert, you need to correctly answer as many questions as possible and get paid for each correct answer!

You can choose one of your expertise among the various subjects and areas available. Accounting is one of the main subjects that we offer. Following are the accounting subjects that you can choose:

  • Marginal and absorption costing
  • Incremental analysis
  • Adjusting and closing entries
  • Differential analysis
  • Make-or-buy decisions
  • Analyzing and recording transactions
  • Bank reconciliation statement 
  • Analysis of financial statement 

Above all, the best part of this accounting job is that there are no restrictions based on work hours or deadlines. You can plan your working time as per your convenience. Also, applying is free of cost and a smooth one. You need to sign up, clear subject tests and guidelines tests and wait for verification. Once the verification process is complete, you can start answering questions and earning!

You can become an expert in accountancy here.

accountant jobs
January 13, 2022
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Table of Contents

2. Corporate controller

This one is possibly one of the highest paying accounting jobs in the country currently. As one would expect from such a dominant and well-paid job, it has a few requirements. In addition to holding a bachelor’s degree and an MBA in relevant fields, one has to have around seven years of experience in accounting and finance. Also, a minimum of two years of experience as an assistant controller or team manager is required.

When it comes to the salary of this job, the average salary of a corporate controller in India is around INR 12,24,400 per year.

3. Forensic accountant

Forensic accountant stands at the top of the list of interesting and gainful jobs in the field. Hired mostly by law enforcement agencies or lawyers, the job responsibilities include investigating financial records to rule out suspicious or irregular activities. Also, it includes reconstructing financial happenings with the help of gathered evidence. In addition to the roles mentioned above, forensic accountants also work with companies for preventing fraudulent activities.

Now, talking about the money-making part of it, the average salary of a forensic accountant in India is around INR 9,84,000 per year.

4. Auditor

Another job that pays well is an auditor, depending on your experience and knowledge of the course. An auditor is supposed to make sure that all the company’s financial information is fully legal and valid. This involves closely studying a company’s financial statements and checking for accuracy.

One can choose whether they wish to be an internal auditor or an external auditor. Internal auditors work for a company and work towards its financial matters. On the other hand, external auditors work for the government or taxing departments to investigate the financial front. Auditors in India, on average, earn a yearly salary of INR 4,85,000.

5. Accounting Manager

If you have experience in accounting, this job is for you. An accounting manager manages the accounting functions of a particular company at the professional level. Their work is considered extremely crucial as the reports prepared by the accounting manager play a big role in making some major decisions in the company.

So, their work usually includes preparing and presenting various kinds of reports at different intervals of the month or a year. This is a very well-paid job due to its solid importance. However, you may require an advanced degree and considerable experience as this is one of the top accounting jobs right now. You may be able to start with a salary of INR 7,12,000 per year.

Learn more in our blog on What is CMA?

6. Accounting Software Developer

It is one of the unique options for accounting jobs on the list. An accounting software developer develops and supports applications useful for multiple accounting purposes. Furthermore, one has to make sure that the created software is efficiently and correctly managing the accounts and transactions of the company. There are many other roles and responsibilities, including evaluation of the present financial situation of the organization or client.

With an average salary of INR 4,90,000 in India, this job has the primary requirements of a bachelor’s degree and a good amount of experience in programming or software development.

7. International Tax Manager

When an organization is operating in several countries around the globe, the job of an international tax manager is a major one for the company. They are supposed to stay in touch with everything going on in the world related to accounting. Also, an international tax manager ensures that the company is duly following all the legal rules in the countries it’s working in by keeping track of current global tax laws. Therefore, this job calls for ensuring that the tax responsibilities are implemented accurately, and all the tax laws are being followed in the organization.

For people who want to step into this job, it is preferable to have prior experience as a tax manager. This is important because moving from a general level of tax practice to an international level is a big step. So, having proper knowledge and experience is a must in these accounting jobs. On average, international tax managers in India earn around INR 20,00,000 per annum.

What is the highest paying accountant job?

If you’re looking for a job that provides you with a good amount of flexibility and no hassle, being a Q&A expert in accounting subjects at Chegg India might be a good choice. Top experts at Chegg India earn up to a whopping INR 1 Lac per month!

Moreover, other full-time accounting jobs that will help you earn the most include Corporate controller, International tax manager, and Forensic accountant. But it also depends on your hard work, qualifications, and experience to a great extent. The accounting field has a rapidly increasing scope, and the more you work on yourself, the more doors will open up for you!

What is the best accountant job?

Well, that’s again something that differs from person to person. What kind of job you’re looking for, how much time you’re willing to invest, your qualifications, experience, etc., determine what’s best for you. If you’re looking for something that stands out from other options, a Q&A expert job at Chegg India, forensic accounting, and accounting software developer would be better options for you.

The first and the third ones from above are also good for the people who don’t wish to be engaged on a full-time basis or have another job already. Moreover, other than Chartered accountant jobs that are possibly the topmost and best in the field include Accounting Director, Controller, Chief Financial Officer, Senior Accountant, International tax manager, etc. These require a great deal of experience and qualifications, being the best accounting jobs in the business.

Is accounting a good career?

Of course, it is! If you choose a career in accounting, you can be sure of having a secured job and a highly regarded profession. If accounting is your field of interest, your career choice would most likely never disappoint you. Moreover, if you do your job well and are open to catching up with the pace of advancement, the sky is the limit for you.

Learn more on ways to become an accountant.

There is always a scope for growth in this field, and the stability is unmatched. Therefore, you can keep improving your position and income with plenty of new opportunities coming your way. Another most important element for job seekers is compensation. And that would also draw you towards accounting as salaries for all jobs in this field are seeing a rapid hike. As a result, people are willing to up their game and gain more experience paired with satisfactory income in accounting jobs.

No matter which kind of industry and business it is, accounting always fits in everywhere. If you think that strategic business ideas and problem-solving is your cup of tea, you must jump into this field. Your work will never bore you, that’s for sure.

Are accountant jobs hard?

Like all the professions in the world, each job has some pros and cons. But, it’s not every time that all the pros and cons apply to every person alike. Similarly, accounting can be hard for people who aren’t fully passionate about the field or don’t have the required background and qualifications.

So, is accounting hard? Now you know that it fully depends on each person’s perspective. Continuous practice will help you cope with the difficulty level of your studies and your job. Chartered accountant jobs may also seem a hard nut to crack because these people play an extremely crucial role in the country’s economic growth. And hence, the demand for skilled professionals is only going to increase in our country. So, we bet that if you work hard enough, it will be worth all your time and efforts.

You can also read our blog on more accounting jobs.

Are the accounting jobs challenging?

Many stigmas prevent young individuals from even exploring the field of accounting themselves. Some myths still exist. Students should at least make efforts to analyze their potential in chartered accountant jobs personally and other similar ones. One of such myths is that accounting jobs are highly challenging. Well, while it’s a reason to avoid the field for some, some accounting enthusiasts would consider it a plus!

Moreover, how challenging the field is for you depends on whether you’re ready to gain the necessary skills and apply them as and when the need arises. In conclusion, if you’re passionate enough, the challenges and complexities will only facilitate your growth.

Are chartered accountant jobs time consuming and tiring?

Again, if you want to excel in a field, you have to believe that whatever time and efforts you give will bear fruits sooner or later. If an individual expects a highly paid, respected, and safe job, they need to put in hard work. No matter which role you choose in the field of accounting, your job will be very crucial for the organization. Therefore, proper training and efforts are a must for you to be prepared for your role. Hence, if one holds a genuine interest in this field, they will surely enjoy the time they will spend learning.

So, this was our list of some of the best accounting jobs right now. We also tried to answer some commonly asked questions about accounting jobs and careers. This is a field with endless possibilities if you’re driven enough to keep learning and growing. We wish you good luck with your research to choose the most suitable career for yourself in the area of accounting!

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