According to the Journal for Accountancy, 140,300 new accounting and auditing jobs will open by 2026. With this growing demand for accounting jobs, accounting professionals have a wealth of options in their field, and employers are competing with other businesses to attract accounting talent. From AR Clerk to Controller, here are the five best accounting job opportunities in 2021:
1. AR/AP Clerk:
Ensuring accurate and timely payments are received and made, accounts receivable and accounts payable clerks also reconcile and resolve customer and vendor issues.
With a national midpoint salary of $36,500, AR/AP Clerks are responsible for coding and entering invoices, posting and reconciling batches, updating and reconciling the sub-ledger to the general ledger, and managing account reconciliations and chargebacks.
2. Staff Accountant:
While maintaining financial reports, financial records, and general ledgers, staff accountants also analyze budgets and cover general bookkeeping. Often working under a controller or a certified public accountant (CPA), a staff accountant prepares financial statements, income tax returns, and monthly reports.
With a midpoint salary of $64,250 with one to three years of experience, general accountants perform account analysis and reconciliation, maintain the general ledger, and post monthly, quarterly, and yearly accruals.
3. Financial Analyst:
Studying past and present financial data and analyzing business and economic trends, financial analysts make investment and financial recommendations for their company’s growth based on their analysis. After researching investment opportunities for an organization, financial analysts prepare reports of their findings to present to company leadership.
With a midpoint salary between $69,250 and $85,500 for one to three years of experience, financial analysts forecast financial outcomes, perform budgeting variance, as well as forecasting analysis for management.
Working alongside accountants, auditors examine financial statements, ensuring everything is accurate as well as inspect the accounting systems for proper accounting procedures.
With a starting midpoint salary of $116,500, managing auditors hire, train, and supervise the internal audit staff, initiate and maintain productive client and staff relationships, handle comprehensive planning and risk assessments while identifying potential risks, and manage audits, as well as prepare audit reports.
Predicted to grow by 19% by 2026, controller jobs supervise accounting, budget, and audit departments within an organization. Responsible for the financial well-being of an organization, a controller oversees the preparation of income statements, balance sheets, future earnings analyses, and other financial reports that summarize and predict a business’s financial standing.
With a starting salary of $121,000 at the midpoint, controllers plan, direct, and coordinate accounting operational functions and hire and train accounting staff.
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