Top 8 Jobs To Apply for Accounting or Finance Graduates
JOBS TO APPLY – Here are the top eight (8) jobs to apply if you major in accounting or finance.
Recent graduates in accounting and finance, such as yourself, possess a valuable skill set that can launch a fulfilling career while making a significant contribution to society. Your education in financial management, analysis, and reporting equips you to be an asset to any organization, whether in the public or private sector, ensuring adherence to industry standards for transparency and fiscal responsibility.
If you’re curious about jobs available to you, especially in the era of remote and hybrid work, rest assured that there’s a diverse range of possibilities beyond the conventional roles associated with accounting and finance majors.
1) Certified Public Accountant (CPA)
One prominent career path is that of a Certified Public Accountant (CPA). CPAs play a crucial role in scrutinizing financial statements to guarantee accuracy, offering valuable insights to the businesses and clients they serve. Going beyond the responsibilities of a regular accountant, CPAs engage in tasks such as conducting audits, preparing tax returns, and providing financial advisory services. Obtaining the CPA credential, achieved through passing the Philippines’ CPA exam, opens numerous doors for graduates, significantly enhancing their prospects for competitive salaries.
While CPAs traditionally work in public accounting firms, government agencies, or private corporations, the landscape is evolving, and many tech-savvy individuals now pursue accounting work from home. Continuous education and training are common practices among CPAs, helping them stay abreast of evolving financial standards and industry trends, thereby increasing their eligibility for competitive roles. Prospective CPAs are encouraged to deepen their understanding of Philippine accounting and tax regulations and hone their attention to detail. This comprehensive approach ensures a solid foundation for success in the dynamic field of accounting and finance.
2) Financial Analyst
In addition to analyzing financial data, financial analysts delve into market trends and economic indicators to offer personalized investment advice and financial counsel to clients. Assessing investment prospects, generating informative reports for decision-making, and overseeing portfolios for entities like investment firms, banks, and corporations are also part of a financial analyst’s responsibilities.
To excel in this role, prospective financial analysts need to hone skills in quantitative analysis and financial modeling. Given the importance of interpreting economic indicators and accurately predicting financial outcomes, staying updated on the latest local and global market developments is crucial for a financial analyst.
3) Tax Consultant
Tax consultants specialize in local tax regulations, leveraging their expertise to provide tailored guidance to individuals and businesses aiming to optimize their tax strategies. A proficient tax consultant aids clients in navigating the intricate tax system, ensuring compliance while minimizing tax liabilities.
Whether working independently or within an accounting firm, tax consultants handle tasks such as tax planning, preparation of tax returns, and representing clients in tax disputes. To pursue a career as a tax consultant in the Philippines, a solid understanding of the country’s tax laws is essential. Additionally, effective communication skills and adaptability to changes in tax regulations are crucial attributes for success in this role.
4) Corporate Finance Specialist
If you believe your strengths lie in a solid grasp of financial principles, adept data analysis skills, and the ability to collaborate effectively with diverse stakeholders to align financial strategies, a fulfilling career as a corporate finance specialist may be the path for you. This role involves overseeing financial activities within a corporation, ensuring its financial stability and fostering growth.
Typical responsibilities for individuals in this position encompass budgeting, financial reporting, financial analysis, and strategic financial planning. Opting for a corporate finance specialist role can be particularly appealing for those with a background in accounting or finance seeking a gratifying corporate career.
5) Banking And Finance Jobs
For accounting and finance graduates in the Philippines, the banking and finance sector emerges as a prominent job market. Securing entry-level positions in this industry, such as bank tellers, loan officers, or financial advisors, is relatively accessible for fresh graduates. These roles serve as stepping stones for those aspiring to advance into more specialized positions in investment banking or risk analysis within the finance sector.
Embarking on a finance career through these positions requires honing customer service skills and navigating the intricacies of working within a regulated environment.
6) Internal Auditor
Internal auditors play a pivotal role in ensuring the precision and compliance of their employers’ financial records and internal processes. Their responsibilities include scrutinizing financial statements, operations, and controls to identify areas of risk and potential improvement.
Collaborating with a company’s management, and internal auditors contributes significantly to implementing optimal financial practices and enhancing overall efficiency. To excel in the role of an internal auditor, one should master internal controls, risk assessment, and accounting principles.
7) Financial Planner
Utilize the knowledge acquired during your degree program to assist individuals in achieving their financial objectives as a financial consultant. This role involves delivering tailored financial guidance on topics such as investments, retirement planning, and estate management.
Given the direct interaction with clients in this profession, prospective financial consultants should possess more than just a grasp of their employers’ financial products and services. Strong interpersonal and communication skills, along with empathy for individuals from diverse backgrounds, are essential attributes.
8) Real Estate Appraiser
Real estate appraisers play a crucial role in determining the value of properties for sales, taxation, and development purposes. The real estate industry relies on these professionals to objectively and accurately assess property values.
To pursue a career as a property valuation specialist, it is important to familiarize yourself with the local real estate market, as well as stay updated on pertinent property laws and recognized valuation techniques within the industry.
By applying your expertise in either of these fields, you can secure a competitive and rewarding livelihood. Furthermore, you’ll have the opportunity to make a positive impact on the communities you serve through your specialized skill set.