The economic growth of a nation always resulted in the increase in the number of business enterprises which in turn would spur the demand for professional accountants and certified auditors to prepare books and accounts, and to provide tax consultancy and accounting services. Account management is an inevitable function of any organisation which involves planning finances and creating budgets and schedules. The basic function of a professional accountant or auditor includes the preparation, analysis and verification of financial documents.
Minimum eligibility to apply for a position in this field is at least a bachelor’s degree in accounting or account management or any other related subject. A post graduate degree in accounting and auditing, excellence in accounting and auditing softwares and a relevant specialization have an advantage in the job market. Major career options available in this sector are as Account Coordinators, Account Executives, Account Managers, Account Supervisors, Certified Accountants and Professional Auditors.
Fresh graduates are absorbed in the entry level positions such as Account Coordinators and Account Executives where their major responsibility is to provide administrative support to the account management team. They are supposed to work directly with clients to understand their requirements and communicate those ideas to the management team.
A certification or accreditation as a professional accountant from a government authority will boost the career of an accountant beyond measure. The major services of certified accountants include public accounting, management consulting and internal auditing. Self employment is a good career option for certified professionals.
Public accountants: Their responsibilities include accounting, auditing, tax, and consulting activities for corporate enterprises, government organizations, NGOs or sometimes for private clients.
Management consultants: Their loyalty remains with the companies for which they work and major responsibilities include preparation and analysis of the financial information of their companies. They look after the functions such as planning, budgeting and cost accounting, performance evaluation, preparation of financial reports and tax planning.
Internal auditors: Their major responsibility includes the verification of the accuracy of their organization’s financial records