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Home - Accounting in India - Career Prospects
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With the advent rise of banking and financial sectors in the country, the demand for skilled accountants has also been increased considerably.
There is an array of career opportunities to suit all interests including traditional auditing and assurance work, management consulting, corporate finance, IT consulting, tax planning, human resources (HR) and insolvency.
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Accounting graduates can hold positions as follow:
Staff Accountant: This is an entry-level job, usually at public accounting firms. Accountants sometimes go into the audit pool, which is a large group of accountants who get picked out from time to time to work on audits under the supervision of a senior, usually a chartered accountant.
Manager: Okay, you're reaching the top now. If you get to this point, the firm thinks you're partner material and you're probably giving the idea some serious thought yourself.
Budget and Credit Analysts: The budget section of an organisation usually plans and manages corporate finances for the entire year or longer. The government also employs thousands of budget analysts to do the same type of work for public programmes and expenditure.
Senior Accountant: This is the level when you begin to live a little comfortably. It is the second level in the public accounting hierarchy.
Controller: Here is where you begin to be more of a rudder for the organisation, taking on more and more decision and strategy-making responsibilities. The responsibilities and pay will vary considerably depending upon the size of the firm.
Internal Auditor: In this line, you'll basically do for a company what a public accountant does for the public record:
Credit specialists focus on whether or not customers or institutional clients can repay a loan or credit line. Banks and other financial institutions are the biggest employers of such analysts. |
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