Internal Auditing
Depending on the business, an internal auditor can have a broad range of duties. However, they all follow the similar pattern, which is to analyze a business, find the problems and suggest solutions. As an internal auditor, you may find yourself reviewing common business transactions, describing pertinent risks, creating procedures for solutions, and report on the final analysis. Pay rates generally range from $20 to $40 an hour depending on how long you've stayed with your firm.
Bookkeeper
Becoming a bookkeeper is a good idea for an entry-level job, not if you have been in the accounting profession for a few years. Bookkeepers generally do only what their name implies: bookkeeping. They record the transactions of a business, such as sales, purchases, income, and salary payments. Average pay ranges from $12 to $17, making it a better job for younger, just-out-of-college students.
Certified Public Accountant (CPA)
To become a CPA, you must take a state test consisting of four parts which will test your knowledge of accounting. As a CPA, you have a broad range of duties depending on your employer, including but not limited to income tax, forensic accounting (fraud), corporate finance, information technology, and tax preparation. Pay rates for a CPA range about $50,000 to $80,000 between one and over twenty years of service.
General Ledger Accountant
General ledger accountants often determine balances, like those of inventory and trial, prepare for internal management reports, and review the sales journal, among many other roles. To learn more about the duties of a general ledger accountant, you can find a nearly exhaustive list at Kevin Hagen's article here.
Treasury Analyst
Treasury analysts, like almost all accounting jobs, have a range of duties, including the maintenance of bank relationships, stock ledger, reporting communication, and cash management. Median annual salaries for treasury analysts range from $45,000 to $65,000.
Comptroller (Controller)
This is a more senior position and requires several years of experience, and often, history with the firm. The controller supervises accounting and financial reporting, and specializes on monitoring internal controls of the business. Pay rates range from $60,000 to $85,000 for these experience workers.
Don't Have Your Accounting Degree Yet? Get One Online
Getting your accounting degree online can be much more fitting to your needs. You can access your material twenty four hours, seven days a week. You are more free to contact your teacher whenever he or she is busy, just by having their e-mail. You can set appointments to certain classes because online classes are practically tailored to fit your busy schedule. And, don't think that since you're getting your degree online, it's less valuable than getting on at a college campus. In fact, over 75% of schools in the U.S. offer some kind of online degree program, showing that it's truly just as respectable. Then again, don't listen to the myth that they're cheaper; most of the time, you end up paying just as much for an online class, including textbooks and other materials, as you would by attending an actual college campus class. Need more reasons to apply for your MBA or accounting degree online? Click here to learn more about an online degree.
Sources:
Why Do Students Like Online Learning." World Wide Learn.
"Accountant." Wikipedia.
"Types of Accounting Jobs?." Yahoo Answers.
"What is a Treasury Analyst?." Accounting Jobs.
Published by Alex P
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8 Comments
Post a CommentYou can find even more information on a career in accounting here:
http://www.accountingcoach.com/careers/
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If you aren't going in to public accounting, or don't plan on taking the CPA exam you should join the IMA. This is for more managerial accounting positions such as Financial management and the like.
Duly noted.
Join the AICPA!
:) Thanks for the comments.
Good article. Make sure those CPAs remember to join the AICPA! (That's where I work)
Such an informative article on accounting careers! Thanks for this good work.
Actually base salary is not an important for senior level. Those holding CFO or FC positions want stock option.