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.
