Accounting is a broad field with various job opportunities in any industry because every business will always need accounting. Professionals in this field can even work in different capacities that are present in most companies or business organizations. Understanding the various accounting career prospects can help you decide on the career to pursue in this field. Let’s find out the options and why it’s essential to know the different job titles in accounting.
If you have your degree and CPA certification, you can select a career path within the accounting field. Choosing a specific career path can help you concentrate on a suitable professional position during your job hunt.
- Accounting Clerk
An accounting clerk is a professional who uses accounting procedures to perform a company’s financial operations. As an accounting clerk, you may manage and review a company’s financial records.
An accountant works with the senior accountant and other professionals in the accounting or finance department. The responsibilities of an accountant may differ based on a company’s operations. Below are the typical duties of an accountant.
– Conducting accounting activities
– Documenting financial transactions
– Recommending financial actions
– Ensuring the company follows regulations and tax laws
– Reviewing and auditing reports.
A controller is an accounting professional who works with the chief financial officer to manage the accounting department’s team members and create future economic strategies. If you work as a controller, you can expect to oversee a company’s accounting operations, such as preparing budgets, creating financial reports, and managing payroll.
An auditor is a financial expert who collates and reviews a company’s financial records to examine the company’s financial status and monitor cash flow. As an auditor, your primary responsibility is to evaluate the company’s financial operations and to ensure that the company functions efficiently.
These are the responsibilities of an auditor, among others.
– Inspecting accounting records
– Developing practical ways to reduce the company’s expenses
– Correcting claim errors
– Analyzing claims with auditing platforms.
5. Chartered professional accountant
A chartered professional accountant guides clients’ financial plans and ensures all tax activities follow regional regulations. Their responsibilities include tax planning, internal accounts audits, and suggesting accounting solutions. The responsibilities include:
– Tax planning
– Creating income tax returns
– Providing accurate financial reports
– Assessing tax forms