9 ACCA Entry Level Jobs

9 ACCA Entry Level Jobs With Pay in India: Job Roles & Salaries!

You have stumbled onto ACCA jobs for freshers in India and are about to embark on a career path that looks good and full of prospects. A globally recognized credential that gives professionals the fundamental knowledge and abilities in accounting, finance, and management is the Association of Chartered Certified Accountants (ACCA). With the great need for ACCA professionals, this post will serve as your roadmap for figuring out what to do when you first arrive in India as an ACCA graduate. We’ll go over the top job chances for recent ACCA graduates, the sectors that will accept you with open arms, and the various positions you may choose from to differentiate yourself from the competition and launch a successful career as tax advisors, risk analysts, financial planners, auditors, and so on. You can look for options in Consulting options, Banking & Financial sector, Public Accounting firms etc. Go through the article to know more about ACCA jobs for freshers.

9 ACCA Entry Level Jobs

There are numerous opportunities waiting for you as an ACCA fresher. To kickstart your career, you first need to pass the ACCA exams, get certified and then search ACCA jobs for freshers . Once you have that under your belt, a variety of roles are available to you. Whether you’re interested in becoming an Auditor, Financial Planner, Internal Auditor, or Tax Consultant, the choice is yours. These positions offer a great way to begin your journey in the finance and accounting world. Read on to learn more about these exciting career paths. Also check how to self study for ACCA.

1. Financial Analyst

Financial analysts are crucial to maintaining the financial stability of businesses, as everyone knows. They sift through mountains of data like financial industry detectives in order to develop financial models and discover crucial insights. Based on these insights, prudent business decisions are taken. Financial analysts project future financial outcomes to support an organization’s success, much like fortune tellers in the financial world. This is achieved by an assessment of economic conditions, corporate performance, and market trends. An analytical detective can lead to a very satisfying career in the finance sector. By evaluating market trends, corporate performance, and economic conditions, they do this. In the financial industry, being an analytical detective may be quite fulfilling. Financial analysts at the starting level in India should expect to make between INR 4 and 6 lakhs annually. Your earning potential might rise sharply as you acquire skills in the accounting industry.

2. Audit Associate

If you are wondering about how businesses make sure their financial records are spotless? Then you must know all those duties are performed by an Audit Associate. An audit associate is responsible for the protection of financial integrity. These experts review financial statements with seasoned auditors to ensure that the numbers add up and follow stringent guidelines. Similar to financial detective work, they identify irregularities, evaluate internal controls, and offer ideas for improvements. In India, an audit associate starting pay ranges from INR 3.5 to 5 lakhs annually. What’s intriguing, though, is that this position provides an excellent foundation for future development. Your time here is priceless and could lead to opportunities for more senior roles in the auditing industry. You can always aim to become an Audit Associate among various ACCA jobs for freshers.

3. Tax Consultant

If you are someone who is feeling overpowered by all the tax deductions and codes then don’t be alarmed. As a financial rescuer or  the Tax Consultant is all you need. These professionals assist people and companies in navigating the frequently complex tax landscape. They work like tax ninjas who not only help you to file your taxes but they offer advice on strategic tax planning as well. This is just to make sure you’re abiding by all national and international tax regulations. The overall ultimate goal is to safeguard the money. Tax experts operate like magic to optimize your tax responsibilities and put more money back in your pocket. Therefore, what is the finest thing? Profitable salary packages and exciting career progression chances are frequently the outcome of the high demand for tax advisors’ talents. Check out other ACCA jobs for freshers as well.

4. Accounts Payable/Receivable Specialist

Specialists in accounts payable and receivable are in charge of ensuring that a business’s financial engine runs properly. They are the unnoticed heroes who make sure money comes in and goes out on schedule. Think of them as law enforcement officers looking for money. They handle invoices with a keen eye for detail, assuring that all payments are made on schedule and that all outstanding funds are retrieved. Their painstaking attention to detail is essential for maintaining a positive cash flow, which is the lifeblood of every company. For people who are interested in accounting and finance, this position is an excellent starting point. In India, the average annual starting salary for an accounts payable/receivable specialist is between INR 3 and 4.5 lakhs. However, this position is worth more than just the money. Your experience here gives you a strong basis in fundamental accounting practices and financial management – a valuable stepping stone for future career growth in the exciting world of finance.

5. Management Accountant

Ever wondered how businesses make those crucial strategic decisions? You must gauge the responsibilities of a Management Accountant who is literally the crucial player to analyze financial data. Apart from this preparing budgets and forecasts, and crafting insightful reports that guide business decisions also falls in the job role of a Management accountant. Comparable to financial investigators, they piece together data to comprehend the operation of the business and pinpoint areas in need of development. Their astute financial acumen converts information into useful insights that assist management in deliberating over matters ranging from resource allocation to potential expansion plans. This position involves more than just adding up numbers; it involves determining how a company will be financed in the future. The favorable tidings? This significant position has a commendable beginning pay. In India, entry-level management accountants can anticipate making between INR 4 and 6.5 lakhs annually. Plus, the experience gained here is invaluable and can open doors to senior positions within the ever-evolving world of finance. The entry level ACCA jobs for freshers are in high demand so you must not miss out on the opportunity.

6. Risk Analyst

Risk Analysts are the safety net guardians, constantly assessing potential financial pitfalls. These financial detectives sift through data to identify potential risks, like unexpected market fluctuations or operational inefficiencies. But they don’t just stop there – they measure the potential impact of these risks and develop clever strategies to minimize the damage. Think of them as financial firefighters, always prepared to douse financial flames before they erupt. The starting salary for a Risk Analyst in India is around INR 4 to 6 lakhs per annum, but the value they bring goes far beyond the paycheck. This role plays a crucial part in safeguarding a company’s financial health and ensuring its long-term sustainability. It’s a role perfect for those who enjoy the challenge of anticipating problems and developing solutions – all while keeping a company financially secure.

7. Financial Planner

Financial planners will assist the business in steering in the direction of a safe and prosperous future. These professionals dig deeply into your financial circumstances, evaluating your earnings, outlays, and obligations to determine where you stand right now. However, their duties involve much more than just calculating numbers as they have to collaborate closely with you to establish reasonable financial objectives, be it retirement planning, house savings, or creating a college fund for your offspring. They create specialized plans to assist you in reaching your financial goals once you’ve set your sights on them. These may include making wise investment suggestions, setting up a long-term savings strategy, or even looking at various insurance plans to safeguard your future. Being a financial planner involves more than just crunching numbers; it involves making wise investment suggestions, setting up a long-term savings strategy, or even looking at various insurance plans to safeguard your future. Go through other ACCA jobs for freshers.

8. Internal Auditor

The world of business thrives on strong internal checks and balances, and that’s where Internal Auditors come in – the guardians of an organization’s integrity. These internal watchdogs don’t just sniff out financial improprieties; they evaluate and improve the effectiveness of risk management, control, and governance processes across the entire organization. They conduct thorough internal audits, acting like financial bloodhounds, sniffing out any weaknesses in systems and controls. Once identified, they don’t just bark – they recommend practical improvements to ensure compliance with regulations and maximize operational efficiency. Their role plays a vital part in safeguarding an organization’s reputation and ensuring long-term success. In India, starting salaries for Internal Auditors typically range from INR 4 to 6 lakhs per annum. Their role among other ACCA jobs for freshers is a very vital one. But the value of this role goes beyond the paycheck. It’s a career path that offers the satisfaction of promoting transparency, mitigating risks, and ultimately, helping organizations operate at their peak performance. 

9. Forensic Accountant

Sifting through financial documents, the forensic accountants carefully audit the information to look for irregularities and possible fraud. Consider them as detectives in the financial world who solve puzzles to find evidence of crime. They examine intricate financial data with a keen eye, looking everywhere for the truth. Their prepared reports serve as valuable evidence in court procedures, serving as a vital tool in uncovering financial crimes and safeguarding businesses from deception. Someone with a strong sense of justice, a great eye for detail, and a passion for investigative work would be ideal for this post. In India, the beginning compensation for a forensic accountant at the entry level normally falls between INR 4.5 and 6.5 lakhs per year. However, in addition to the pay, there’s a deep sense of satisfaction that comes with unraveling financial mysteries and ensuring financial integrity in the business world. 

Annual Package for Various ACCA Job Roles

As a professional with ACCA certification, you can anticipate a bright future with attractive compensation packages across a range of positions. Depending on the particular function and duties, entry-level positions in India provide lucrative yearly packages ranging from INR 3 to 6.5 lakhs. Whether you want to work as a forensic accountant, tax consultant, or financial analyst, each career path has its own advantages and disadvantages. The typical yearly salary for nine common ACCA entry-level positions are provided in the following sections to provide you with a clear picture of what to expect when you start your career.

Job RoleAverage Annual Salary (INR)
Financial Analyst4 to 6 lakhs
Audit Associate3.5 to 5 lakhs
Tax Consultant4 to 6 lakhs
Accounts Payable/Receivable Specialist3 to 4.5 lakhs
Management Accountant4 to 6.5 lakhs
Risk Analyst4 to 6 lakhs
Financial Planner3.5 to 5.5 lakhs
Internal Auditor4 to 6 lakhs
Forensic Accountant4.5 to 6.5 lakhs

Conclusion

We hope that this article was truly helpful for you to gauge what all entry level jobs you can land up with an ACCA qualification. There are ample job opportunities for ACCA freshers once you qualify and clear all the exams. In order to get employed as an ACCA professional, you must also take care of your ethical standards and proficiency in language. The diverse opportunities, lucrative salaries and career advancement opportunities are some of the essential reasons why you should begin your ACCA journey and start looking for ACCA jobs for freshers.

Related Links-
ACCA Course Eligibility CriteriaACCA Exemptions
ACCA vs MBAACCA Scope and Job Opportunities in India and Abroad
ACCA Registration FeesACCA Course Duration After 12th Graduation CA