how to become a financial accountant

How to become a finance accountant?

Compared to many high-paying careers, the qualifications to become a financial accountant are much less rigid and well-defined. Unlike law and medicine, no career-wide educational minimums exist.

Financial Accountants are responsible for the accounting and financial activities of a company.Preparing monthly profit and loss, and balance sheet reports.

Preparing cash flow statements and controlling expenditures.

Collecting and analysing data used in the preparation of regular estimates.

Assisting with end-of-financial-year accounts and statutory accounts.

Steps to become a finance accountant

Earn bachelor degree

Do an internship

Earn master degree

Gain some experience

Take a certificate professional course 

Minimum Education

Bachelor’s Degree in finance

Bachelor degree in business or management

MBA in finance

Desirable qualification

CPA

CA

Degree

Bachelor in finance

Bachelor in accounting

MBA in business

MBA  in finance

Master in finance

Master in accounting

Salary

An early career Financial Accountant with 1-4 years of experience earns an average total compensation of ₹343,909 based on 151 salaries. A mid-career Financial Accountant with 5-9 years of experience earns an average total compensation of ₹514,423.

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