When it comes to career paths for ACCA professionals, the opportunities are galore. ACCA is a highly esteemed certification that is recognized almost all across the globe. The Association of Chartered Certified Accountants, United Kingdom holds ACCA certification exams. This certification is regarded as equivalent to CA certification exams in India conducted by The Institute of Chartered Accountants of India (ICAI).
In this post, let’s look at the ACCA career opportunities and prospects that professionals can expect to achieve after completing this certification.
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ACCA or the Association of Chartered Certified Accountants is a global membership body of professional accountants headquartered in the United Kingdom. This body is widely recognized by over 180 countries worldwide giving excellent ACCA career opportunities to professionals to work anywhere around the world.
Being a globally recognized body, ACCA certification allows students to grow better in finance and accounting among other roles that they are eligible to work on. These professionals can seek international progress in terms of career growth as they can work anywhere in the world in large MNCs. Being an internationally regarded qualification for accounting and finance students, it allows global career paths for ACCA certified accountants. It is flexible in terms of the pattern of exams held. Students and accounting professionals have excellent scope to grow in their fields after completing ACCA certification.
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Career Opportunities After ACCA in India
When it comes to career opportunities for ACCA professionals in India, the options are abundant. There are many crucial roles and responsibilities that ACCA professionals can work on. With more and more people becoming aware of the benefits of pursuing ACCA for jobs has made this program popular among Indian students as well as accounting professionals. Top recruiters are recruiting ACCA professionals at enhanced salaries and other benefits. Companies are ready to pay more as ACCA professionals are proficient in terms of jobs, which top global companies seek from their employees.
The starting salary of ACCA professionals is far better than regular accounting professionals. Renowned MNCs like KPMG, PwC, EY, PepsiCo, HSBC, Accenture, and Deloitte are hiring ACCA professionals in large numbers every year.
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Read more: ACCA Exam Dates and Deadlines
Job Roles with Salaries for ACCA professionals
Below are some job positions that aspirants can choose to apply for after clearing the ACCA certification course:
· Management Accountants
Management accountants are professionals who do financial analysis and planning to help organizations perform better. These professionals create and analyze financial information to allow reliable data to help make critical decisions for the growth of the business.
Salary: Rs 3 lakh - Rs 24.7 lakh per annum
· Financial Analyst and Consultant
The professionals performing this role are required to have proficiency in accounting and finance tasks. They do the financial analysis and reporting to support key strategic projects in terms of cost control and other financial requirements.
Salary: Rs 12.9 lakh – Rs 28 lakh per annum
· Corporate Finance Expert
In this position, an expert manages and oversees the financial activities and other decisions related to capital investment including raising capital, dealing with mergers and acquisitions, etc.
Salary: Rs 2.4 lakh - Rs 19.4 lakh per annum
· Risk Management Expert
Risk management professionals help companies obtain the maximum capital structure of equity and debt to take full advantage of the company's value. These professionals make decisions to control the volatility of returns that the company is exposed to.
Salary: Rs. 2.1 lakh - Rs 23 lakh per annum
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· Compliance Analyst
These experts monitor and assess compliance by making internal policies and coping with regulatory requirements. These professionals review and collate tax returns for their clients or their company as well as prepare annual tax returns among other tasks.
Salary: Rs 2.9 lakh - Rs 13 lakh per annum
· Treasury Analyst
These experts contribute to mitigating financial risks through varied strategies to help businesses. They closely monitor different economic factors like changes in regulations, rise in interest rates, etc.
Salary: Rs 3.1 lakh - Rs 18 lakh per annum
· Auditor
Auditors are responsible for the accurate and complete accounting of different process flows as required for the company’s Income Statement and Balance Sheet. These professionals directly contribute to the optimization of businesses.
Salary: Rs 4 lakh - Rs 10 lakh per annum
· Tax Consultants
These are experts who are responsible for managing tax-related matters for their clients or the companies they work for. You can be responsible for taking care of personal and corporate tax returns for your clients. With experience, this position can help you grow as a top-ranking executive.
Salary: Rs 1.5 lakh - Rs 10.9 lakh per annum
Besides the above, aspirants also have the option to start their firm and provide auditing and taxation solutions to individual and corporate clients.
Read more: Understanding ACCA Papers: An Overview
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ACCA is a global qualification that unlocks your doors to opportunities in terms of prominent and high-paying jobs across industries. Be it freshers or experienced professionals, the career paths for ACCA professionals are fulfilling and rewarding. So, if you are willing to make your mark in accounting and finance, ACCA is a guiding lamp to help you reach the zenith of your career.
If you are willing to join the ACCA certification course, Amity Online University is the best option to pursue the course. Visit Amity Online today to know more.
