Check multiple Career Opportunities in Accounting Profession 

If you are a graduate from finance and business universities, it’s time to consider about accounting jobs and to understand the different positions and titles in accounting.

1.   Accounting career information

Accounting is the process of recording business financial transactions. This task includes reporting these transactions to agencies, regulators, and taxation entities. Accounting offers an accurate summary of financial transactions over a specific period.

accounting

 How to become an accountant?

To become an accountant, you need to get a degree in finance advanced education. There are many universities in Pakistan, granting certification and even the Master Degree in Business Administration (MBA) and finance. If you are interested in a job as an accountant and you want to know the different accounting job titles, this article is for you. If you are going to be hired as an accountant very soon, check this:

Don’t Forget to Prepare 9 Commonly Asked Accounting Interview Questions and Answers

2.   Accounting Job and Education Requirements

In fact, the minimum entry-level to the lowest accounting position is a bachelor’s degree in accounting, finance, business, or a related field. Some accountants have a master’s in business administration (MBA) after completing the bachelor’s degree, which enables them the transition to a higher accounting title.

 

         3. Accounting Position Titles

Accounting depends on many statistic tasks assigned to specific experts. An individual interested in pursuing an accounting career should understand the basic authority structure and the different departments, within any accounting firm.

accounting poition titles

*. Accountants Vs accountant Clerks

There is a huge difference between an accountant and an accountant clerk even though they sound the same for many people. The difference is :

An accountant has more schooling or an academic degree than a clerk.A firm may employ a single accountant but hires more clerks to hold its accounts. However, accountants are paid more than a clerk.

An accountant, in general, is an employee who manages financial records. However, an average accountant may have different labels depending on the carried accounting operation. There are many different types of accountants. Let’s see the different accounting job titles.

  • Accounting Manager: since larger companies employ several accounting managers, there is a hierarchy within the departments of this company. An accounting manager is on top of the other accountant team, who have to deal with internal duties

·         CPA: is a certified public accountant. This job title refers that this person has completed the bachelor’s degree and he is already licensed. With a similar education level, there is also an accounting position known as financial planners.

  • Accounting Supervisor: is occupying the director’s position in larger accounting operations. This type of position exists within companies, having multiple facilities or locations. An accounting supervisor is responsible for all accounting activities that take place in every sector in the company.

These were the three common accounting positions that are similar to the accountant position. Here is an additional list of similar accountant profiles:

  • Project Accountant
  • Staff Accountant
  • Cost Accountant
  • Accounting Officer
  • Business Analyst
  • General Accountant

 

Accounting Clerk: As we said before a clerk is less schooled than an accountant. An accounting clerk can be hired with a high school level . However, an account clerk is in demand for less paid accounting tasks. This clerk may maintain a small company’s financial records, through doing financial data entry records and receipts. As this clerk provides financial information inside computers, he can check their accuracy and make financial reports. This clerk should be skilled at using an accounting software and can be also known as:

  • Bookkeeper
  • Finance Clerk
  • Administrative Assistant
  • Accounting Secretary

· 4. Jobs in accounting and finance

Many firms follow an organized structure to establish roles, management, and finance. Therefore, there are many accountant jobs in Pakistan, depending on the applicant's degree and experience in the field. After seeing the difference between an accountant and an accounting clerk, let’s see the different jobs in accounting and finance.

An Auditor: auditors are similar to accountants in dealing with financial records. However, auditors typically work for an accounting service and not for one particular company. In general, an auditor checks the work of a company’s accountant and can be a: 

  • Revenue Tax Specialist
  • Audit Partner
  • Financial Auditor
  • Internal Auditor
  • Assurance Senior
  • Assurance Manager
  • Internal Audit Director
  • Audit Manager
  • Auditor-in-Charge

Chief Financial Officer: Larger companies employ a Chief Financial Officer (CFO) or Vice President of Finance to manage all the financial aspects of their businesses.  This accounting title exists at the top levels of accounting management. A chief financial officer (CFO) is in charge of financial planning, maintaining and analyzing financial records then reports to the chief executive officer (CEO).

Controller: A controller controls accounting activities for a particular firm. He or she can maintain financial budgets, process data, and prepare taxes. The controller typically reports to the chief financial officer (CFO) and may take these titles:

  • Comptroller
  • Treasurer
  • Finance Vice President
  • Director of Finance
  • Finance Manager

accounting hierarchy

Financial Analyst: A financial analyst evaluates projects to see whether it is worth for investment. Financial analysts can invite banks, companies, or even investors to finance and invest in a particular firm. Instead of controlling financial statements for taxation and alliance purposes, financial analysts are concerned with adopting financial projects and the viability of purchasing stock. These Analysts can be labeled as:

  • Trust Officer
  • Equity Research Analyst
  • Planning Analyst
  • Real Estate Analyst
  • Credit Products Officer
  • Investment Analyst
  • Portfolio Manager
  • Securities Analyst

5. Accounting Jobs in Karachi

Accountant jobs are not only designed for firms and companies, but they are also available in banks, banks financing small projects, Islamic Banks, etc..if you are looking for accounting Jobs in Karachi, but you can also see vacant accounting positions at al Mashreq Bank, or Standard Chartered Bank, etc. Explore Pakistan banking job opportunities.

Once your application is set, you need  to prepare  24 Basic and Advanced Bank interview Questions.

6. Accounting jobs in Lahore

Lahore is abundant with firms and companies. If you are looking for accounting jobs as a clerk or as a certified accountant, apply for Blaze travel agency, MJK enterprises Pvt Ltd and many other companies in Lahore.

7. Accounting job in Islamabad

If you are interested in accountant jobs in Islamabad, try to apply for foreign enterprise branches such as,

  • Pak Suzuki Motors Co., Islamabad
  • Ambassador School of Tourism and Hotel Management - ASTHM, Islamabad
  • Easystay Holiday Home Rental Dubai, Islamabad

8. Accounting Career Salary

Roles within the accounting field are various. The entry-level to the different accounting positions require at least general education for clerk accountants and higher one for the average accountant. Salaries in any accounting career depend on the accounting position, the company or your accounting rank that refers to an accounting hierarchy. To get better payment, you need to have more education, certification and experience. Since the field of accounting includes a wide range of positions and job titles, exploring Fratres.net for the various accounting opportunities are available. This platform will help you determine the most advantageous educational path to reach your career goals.

 

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