What are the career options with ACCA?
ACCA is an acronym for the Association of Chartered Certified Accountants which is a globally recognised accountancy body. Around 170 countries recognise and accept this degree as equivalent to their local qualifications. Its reach is substantially increasing and hence many students are choosing to take up ACCA degree for a prosperous career.
Just acquiring this degree is sufficient proof that one possesses the ability and knowledge of various business facets. It empowers an individual to easily make a career in finance or management. With an ACCA degree, you can become a Chartered Certified Accountant and venture into any kind of business. Employers prefer individuals who come prepared with such knowledge as they donâ€™t have to be trained. This saves the company a lot of time and money.
Career opportunities with ACCA
ACCA offers a multitude of opportunity to an individual. They can pick a range from roles and work in different parts of the world. The monetary compensation that comes with each job is also highly rewarding. Here are some of the job positions that you can apply for after attaining an ACCA qualification.
Financial Accountant: As part of this job role, you would be responsible for managing the financial and accounting operations of a company. Making budgeting and investment decisions is an integral part of any project and a financial analyst does that. They also analyse the economic stability of the business and report on financial issues such as productivity, cost and company expenditure.
Commercial Accountant: A company has to ensure that all its accounts are efficiently managed and updated. For this, they hire a commercial accountant who takes care of things like balance sheets, general entries, ledgers and more. As part of the job role, one also advises management on budgets and forecast and tax issues.
Corporate Treasurer: Every organisation needs sufficient funds to meet ongoing operational requirements. A corporate treasurer ensures that there are enough funds to meet all business obligations. They are required to forecast cash flow positions, invest funds, follow up on treasury handled by outside parties and create procedures to control financial activities.
Finance Manager:Â A financial manager is one who looks after the financial health of an organisation by giving advice on appropriate business planning. They make long-term plans for the organisation and do an adequate amount of research in studying competitors, pricing, market and all the other factors that can impact business performance financially. They also manage budgets, control income and other expenditures.
Basically, career options in ACCA are many as you have a world of opportunities to choose from. Each job role that comes your way will be reputed, respectable, stable and very well paying. This is why earning an ACCA accredit is akin to ensuring that you are well-settled for life.