Top finance and accounting jobs in India – Salary and certifications
In any field, you must sort through several job listings to find career opportunities that suit your goals and qualifications. If you are considering a career in a particular industry, you might want to find out about the lucrative career prospects you may be able to obtain. In this article, we will get across the highest-paying financé and accounting roles in India.
Financial and management accounting expertise can lead to some of the highest-paying accounting positions in India. The following are some general categories as well as salary ranges sourced from Glassdoor and Payscale, in which you might be able to find job opportunities in finance and accounting roles:
Information Technology auditors
IT auditors engage in government or private businesses to ensure that technology infrastructure and business needs are in harmony. They also oversee IT conformity and online privacy in finance and management accounting firms to ensure that all operational objectives run smoothly. As a result, audit review procedures might cover software, computer networks, communications networks, and security configuration. This position demands a thorough awareness of the company's physical IT controls, as well as an understanding of business activities and financial procedures.
IT auditors in India earn an average salary of INR 10,74,419 per year
Financial analysts
Financial analysts are in charge of the company's finances, looking over data and assisting with financial management decisions. They also assess the potential consequences of financing and industry advice. In banks, insurance firms, trusts, and other financial institutions, they are typically hired in junior and senior positions. As a finance and accounting professional, you need a solid grasp of financial concepts as well as communication skills.
Financial analysts in India earn an average salary of INR 4,09,903 per year
Chief financial officer (CFO)
CFO is in charge of a statement of financial position and cash flow, as well as future growth plans. As a result, the CFO must be well-versed in accounting and financial modeling, among other skills. These executives also supervise researchers, manage financial teams, and make pricing and technology infrastructure decisions. In India, the title of CFO is especially important in the retail and commercial sectors.
In India, the average compensation for a CFO is INR 1,550,480 (mid-career); INR 37,03,135 (senior)
Management analysts
Management consultants and analysts help management accounting businesses perform better. They investigate specific problems and develop solutions to improve efficiency. You must be able to understand information and data and apply your findings to generate proposals for the organization to function as a management analyst.
Management Analysts in India earn an average salary of INR 4,66,853 per year (entry-level)
Certifications to pursue
· Apart from holding an undergraduate or a postgraduate degree or any management accounting qualification in commerce or related field, if you seek to become a financial analyst or an IT auditor you can earn the Certified Public Accountant (CPA) certification to stand out among other candidates and fetch high salaries.
· For a job as a management analyst, obtaining professional certifications in a management accounting career might help you stand out from the competition. You might enroll in certifications like the Association of Chartered Certified Accountants (ACCA) and the Chartered Investment and Management Accountant (CIMA)
Corporate treasurers, tax managers, finance managers, financial accountants, and even financial controllers can obtain certifications like the Certified Management Accountant (CMA) and the Certified Financial Analyst (CFA) based on their years of experience, credentials, and job interests.
