Usual Career Progression Tips for Accountants

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Accounting qualifications represent an ideal opportunity to extend your skillset and pursue a long and satisfying career. 

As your qualifications and experience grow, you will be able to earn a respectable income, which will rise with time. Your credentials could lead to accounting job openings all around the world, allowing you to utilise your acquired knowledge and skills while working in various nations. In this article, we provide some guidance on how to maximise your career so you can enjoy a long and successful career. 

Young accountant career advice

After earning your AAT certification, depending on how you felt about the coursework and exams, you may decide to start your own bookkeeping business or continue your education by pursuing the Chartered certification. Running your own bookkeeping company will give you the advantage of working for yourself, giving you the freedom to decide how many hours you want to work. Additionally, you will get the chance to engage with a variety of SME business owners, or small business owners, to assist them in efficiently managing their accounts. You’ll be able to run the books for your own company if you have an accounting degree. However, running your own business will carry with it some risks. As such, accountant insurance is recommended.

You can pursue a variety of careers in accounting, no matter what level you decide to study or specialize in. Your job decisions should be based on things that are significant to you both at work and outside of it if you want to help ensure a long and satisfying career. You must pursue and successfully complete an ACCA or ACA qualification if you intend to work at a senior-level job, such as a partner in an accountancy firm or as a financial consultant. You may advance to more senior positions in the industry if you hold a CIMA qualification. Keep in mind that some jobs will include staying up late and travelling for work. Working alone may be more suitable for you if you’re searching for greater freedom between your job and personal life.

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Career Opportunities in Accounting

A long and fulfilling career in a variety of finance-related fields is possible by pursuing an accountancy degree. One of the best things about securing an accounting degree is that it may help you succeed in your career as you climb, if you so desire, from entry-level jobs all the way up to executive-level roles. While you complete your studies to advance to a more senior-level position, you may have a chance to earn money at the same time. Additionally, it is an industry that is constantly hiring, so you know that after you obtain your qualification, you will always be able to find a career that suits you. A few of the accounting careers that you could pursue with an accountancy degree are listed below.

Accountancy Jobs in Entry-Level Positions

Bookkeeping, accounting clerk, and accountant support positions are just a few of the entry-level positions available in accounting. You may expect to make anything between 15,000 and 40,000 dollars a year, even at entry-level, if you have an accounting degree. These positions are of utmost importance to enterprises, and you can find yourself working in a significant capacity for a small or medium-sized company.

Mid-level Jobs in Accountancy

With a qualification in accounting, you might qualify for a wide range of mid-level jobs, such as payroll and credit control clerkships, accounts payable clerkships, and more. Depending on the size of the organisation and the demands of the post, these roles typically pay between 17,000 and 45,000 annually. These positions may offer extremely fulfilling employment options that are gratifying and challenging.

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Senior-level Positions in Accountancy

You may have a successful, lengthy career in finance if you decide to pursue your studies to become a qualified chartered accountant. Your knowledge could help you advance to executive-level positions as a financial controller or finance director of a company, whether it be a SME or a major corporation. A highly satisfying professional path is typically found by finance directors who also take on non-executive advising responsibilities for other companies.

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Michelle Gram Smith
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