In this era of rapid economic development and globalisation,each country needs to produce good productive work force. While we ride on the path of success in corporate industry, accounting holds importance at the ground-root level.Accounting jobs basically include recording, classifying, summarising and interpreting the financial material information.
The importance of accounting jobs in finance and accounts department can be easily adjudged from various facts like an accountant has to do:
Calculation and tracking Sales and Debtors
Tax Compliances such as sales tax,income tax,service tax,Excise duty,import duty,etc.
Calculation of wages and salaries of employees
Purchase and creditors management
To ensure proper recording of each expenditure and income as per the Accounting Standards practiced by all the industries
To ensure due follow of all accounting principles and conventions.
Hence accounting jobs include a lot of relevant work which ,if not performed properly will lead to legal as well as other business problems to the company.There are various profiles in accounting jobs based on the share of responsibilities which are as follows:
Accounting jobs can further include budgetary and variance analysis, financial and investment planning, information technology consultancy,limited legal services and so on apart from fundamental job of preparation, analysis, and verification of financial statements and quotes.
In comparison to other jobs, Accounting jobs are usually less attractive at the entry level in terms of money. But the accounting jobs at the top level are the highly paid ones. Moreover, accounting jobs at the top level require great analytical skills to identify the loopholes and scope of errors. The basic requirement of accounting jobs is a graduation degree. But if you have master’s/license/membership from a statutory body,it enhances your chances to get challenging & rewarding accounting jobs. Accountants & auditors ensure the efficient running of the business firms of the country,accuracy in keeping public records and timely payment of all kinds of taxes.
There are many sources to search accounting jobs such as job portals,consultancies,company’s own websites,blogs,forum and other networking tools. So, we just need to try a bit hard,if we possess the basic qualifications to get into the finance and accounting sector.