What Are the Different Types of Careers in Accounting?

Types of Careers in Accounting

You’ve probably heard of the job title “Accountant” before, but what about some of the other, lesser-known careers within the accounting industry? Those who work in accounting are highly valued because of the skills they hold and the services they can provide. Careers in accounting are a popular choice, and luckily, there’s plenty of demand for this profession as well.

Types of Careers in Accounting

In fact, employment in this area is expected to grow around 4% over the next ten years or so. All of this is great news if you’re considering a career in this field. If a career in accounting does interest you, read on to learn more about the different job titles that are available.

1. Bookkeeper

Bookkeepers are responsible for maintaining the accounts (or books) of a company. Some of the typical tasks they may handle include payroll, calculating profit and loss, processing sales invoices, and balancing the books. On average, bookkeepers in America make almost $18 per hour.

If you’re interested in becoming a bookkeeper, you will need at least a high school diploma as well as specialized training. You should also possess some skills such as computer literacy, an analytical brain, and good organization.

2. Auditor

Auditors examine a company’s accounts and financial records to determine whether they are following generally accepted accounting principles (GAAP). They may also be brought in to see whether any fraud is being perpetrated within an organization. This career generally requires a bachelor’s degree as well as a CPA Certification.

The average salary of an auditor is a little over $62,000. To become an auditor you will need impeccable attention to detail and good problem-solving skills.

3. Tax Preparer

As the saying goes, nothing in this world is certain except death and taxes. Everyone and every organization have to do their taxes, so it makes sense that the role of tax preparer is very in-demand. Tax preparers help companies or individuals stay in compliance with tax codes and ensure their taxes are filed correctly and on time.

To become a tax preparer, you will need at least a high school diploma as well as a certification such as this one from Universal Accounting Schools. The average salary of a tax preparer is $16.65 per hour.

4. Financial Analyst

A financial analyst helps organizations to make decisions based on things such as market trends and company valuations. They collect and analyze data to make recommendations to companies regarding their finances. The average salary for this role is almost $70,000.

If you’d like a career as a financial analyst, you will need at least a bachelor’s degree, usually followed by some sort of internship. Many employers will also look for a certification. Financial analysts must have good interpersonal skills, as well as good research and analytical skills.

Careers in Accounting: Which One Is Right for You?

Now that you’ve learned a little bit more about the different careers in accounting, hopefully you will be better placed to decide which one might be right for you. If you’ve found this guide engaging, don’t forget to check out the rest of our content.