There are a number of categories in the field of accounting jobs for the job applicant. All of them focus on the financial operation of a company, and offer various and rewarding opportunities.
Those coming straight out of the college campus must look for entry-level jobs like account clerk and pay clerk. However, by virtue of gaining experience they will be able to move higher in the chain and get supervisory positions subsequently. But those with higher qualifications, like a Master’s degree in Accountancy, can directly enter the supervisory cadre. The supervisory employee supervises accounting functions and prepares reports and statistics detailing financial results. They must coordinate activities and reports with other departments. However, focusing on one or two areas, like Accounts Receivable, Accounts Payable, Payroll, Budget etc., will enhance the employee’s experience. By gaining more experience, the job applicant can find more interesting and better paid jobs.
By having a Master’s degree in accountancy, the job applicant can get managerial positions as well. In fact, the role of an Accounting Manager mainly revolves around managing the Accounts Receivable function within the organization’s established policies. The manager must work closely with other staff and oversee completion of all work including posting, processing, and verification of receipts, credit claims, refunds, interest charges, and others. The manager must also keep pace with the changing accounting practices that the government or the governing bodies announce from time to time. This will help in discharging duties in a proper way and the company will stand to benefit largely.
For instance, to follow the generally accepted accounting principles, the Accounting Manager is required to take special measures. This is mainly to meet the Securities and Exchange Commission’s (SEC) stipulations, as this single procedure will not only eliminate fraudulent means adopted by some companies, but will also help the stock- holders to get financial information without any trouble. Therefore the Accounting Manager must oversee the preparation of the filings and submit them in time to the regulatory authorities. Such work not only enhances employee satisfaction in accounting jobs, but also makes them more loyal to the company. And the company will in turn reward such people with better pay and perks from time to time.
Accounting jobs can be rewarding, both financially and in terms of job satisfaction. To attain a higher position in the field, the applicant will need to have a Masters Degree or on-the-job training. Accounting Managers must work closely with all financial departments in the company, and make sure to follow legal guidelines. This is an important job, which improves the functioning of the company and working conditions for its employees.