If you are exploring professions that offer a lucrative salary, then look no further than becoming an accountant. Accounting offers a median salary of approximately $67,000 and offers limitless opportunities to grow. You can work for virtually any company to explore different interests, and move up into management positions.
Imagine working as an accountant for aerospace, biotechnology, production studios, the government, and much more. The opportunities are endless, and you’ll find a great deal of flexibility in the field of accounting.
Flex Your Soft Skills
Before you decide to pursue a career in accounting, you must be honest about whether you have the right skill set. You’ll require not only technical expertise, but also personality and character traits as well. For example, you will need excellent communication skills. This is because you will have to present your reports to other people in and outside your department. In many instances, you will have to report your findings to people who are not accountants, and thus you will have to communicate in terms he or she can understand.
Another quality you will have to possess is critical thinking skills. It is necessary in your job to analyze the data and present interpretations of the data. You should also exhibit impeccable organization. With so much data in your hands, it’s important that you keep your records organized in such a way so that you can access them quickly.
Opportunities for Growth
Accountants have a straightforward career ladder. Unlike more unconventional career paths of English majors, political science majors, or art majors, your accounting major will give you a plan from start to finish. Once you get a job, you will likely have the chance to move up in the ranks as you acquire experience.
One of the best ways to stand out on your resume is to become a CPA. CPAs—or certified public accountants—are those that have taken an exam to become certified to perform certain tasks. These tasks include the ability to audit accounts, create and supervise budgets, create financial strategy, and have the unlimited right to represent taxpayers before the IRS. Without a doubt, showing that you are a CPA on your resume will already show your potential employer that you have the competence and expertise to take on almost any job.
However, becoming a CPA is not so simple. All CPA candidates must go through a demanding examination process. The exam is broken into four sections that are all sat separately. Once you take the first exam, you have eighteen months to pass all other portions before the clock starts over. If you would like to become a CPA, it is recommended that you utilize all resources available. This includes study guides and choosing the right CPA course for your learning style. Preparing yourself before and during the 18 months will be difficult, but it will be worth it when you get a job that offers a hefty paycheck.
High Job Demand
Accountants are always in demand. As long as people have tax issues or companies need their finances organized, you will have a job. It is one of the only jobs that remains relatively steady throughout fluctuations in the economy.
Work Virtually Anywhere
As mentioned earlier, accountants have a lot of freedom to work where they choose. Any larger business, nonprofit, or organization needs people to help them manage their finances correctly to remain successful. This is why you can explore any field you desire. You can, for example, build expertise as an accountant to the stars and manage the finances of popular celebrities.
Alternatively, you can put your IT knowledge to good use and work for software developing companies. The possibilities are endless, and building expertise will make you a desirable candidate to the job you pursue.