If you’re concerned about the best career options after ACCA and whether a degree you obtain will translate into a high-paying career, keep in mind that India has plenty of work prospects. You can go toward your objectives easily if your skill set is solid. In this blog, we will look at the top ACCA-related career paths in India. Among students studying commerce, the ACCA certification program is becoming more and more popular. However, students frequently give up on their objectives because they fear the course’s intricacy. Your prospects are the first thing that crosses your mind when you study something new. Eventually, for many Indian graduates thinking about ACCA, this is true. In this blog, find scope, job profiles, companies hiring professionals with ACCA qualifications & best career options after ACCA.
Career Options After ACCA
Professionals can pick from a wide range of exciting employment choices after completing the qualifications & multiple career options after ACCA will open up for you. They can work well as financial accountants, creating financial statements and ensuring rules are followed. Alternatively, they could engage in management accounting, primarily supporting strategic decision-making through budgeting and performance analysis. A lucrative job path that provides expert advice on tax planning and compliance is tax consultation. Individuals who possess ACCA certification may also consider pursuing professions in risk management, corporate finance, or forensic accounting, each of which presents unique opportunities for growth in a range of global enterprises.
Financial Accountant
If you want to select from the best career options after ACCA, then the Financial Accountant position is one of the hottest jobs in India. Financial accountants’ responsibilities include compiling financial statements, ensuring that accounting regulations are fulfilled, and providing management with financial data. They are vital to maintaining a company’s financial health since they monitor revenue, expenses, and profitability. Financial accountants have high employment prospects since there is a need in the corporate, nonprofit, and public sectors. Professionals with ACCA degrees can advance to more senior roles, such as financial controllers or chief financial officers (CFOs). A career in financial accounting has several benefits, including plenty of opportunities for promotion and significant demand across a range of industries.
Forensic Accountant
Investigating financial irregularities, fraud, and embezzlement is critical for forensic accountants. To find evidence of illicit activity, they carefully examine bank data and regularly work with law enforcement to develop cases. Forensic accountants have excellent career prospects because there is a considerable demand for them in government, insurance, accounting, and law firms. A qualification in ACCA opens access to higher positions, such as director of forensic services or manager of forensic accounting. The benefits of this employment include the possibility of working on high-profile cases, opportunities for demanding and gratifying work, and a highly regarded and fascinating sector. Specialized expertise is in high demand. Go for this field, among other career options, after ACCA if you are a careful observer who loves to examine minute details.
Corporate Treasurer
Corporate treasurers are crucial to efficiently managing an organization’s investments, risk, and liquidity. They design strategies to lower financial risks, increase cash flow, and ensure the company’s overall financial stability. These professionals are essential to large corporations, financial institutions, and governmental agencies. With an ACCA certificate, they can advance to significant roles like Group Treasurer or Chief Treasury Officer. There are numerous benefits to this career path, such as a direct impact on the productivity and financial stability of an organization, opportunities for advancement to senior positions, and attractive compensation packages. As a result, the company’s treasurer has an important and rewarding job.
Tax Consultant
Tax consultants are essential advisors since they are specialists in tax planning, compliance, and strategies to lower tax responsibilities. To provide accurate and useful advice to both individuals and organizations, they keep up with the latest tax laws and regulations. Since consulting firms, corporate tax departments, and accounting firms are in high demand for tax consultants, career prospects for these professionals are strong. A strong tool for career advancement, the ACCA qualification can lead to roles like Head of Tax or Tax Manager. Because of its many benefits, which include high demand for specialized knowledge, large earning prospects, and the option of self-employment, this field is an appealing and gratifying career choice for individuals who have earned their ACCA certification.
Risk Manager
If you want to start as a Risk manager after completing your ACCA qualification, consider it one of your best decisions. They are very essential to businesses because they identify, assess, and mitigate financial dangers. They ensure the company complies with legal requirements and develops comprehensive risk management policies. Risk managers are crucial in the banking, insurance, and large organization sectors. If you possess an ACCA qualification, you will enhance your professional chances of advancement to higher positions such as Chief Risk Officer or Head of Risk Management. The opportunity to work in various businesses, participate in strategic planning, and receive competitive compensation and benefits make the position an incredibly alluring career path for people with an ACCA qualification. Apart from this, go through the income levels you can expect for the career options after ACCA.
Income Levels for ACCA Professionals in India
Several factors affect the pay scales of ACCA experts in India. One important factor is business demand; industries with competitive pay include banking, finance, and consulting. Senior positions like Chief Financial Officer and Financial Controller have higher pay scales; experience and competence have an impact as well. Income in India varies depending on one’s geographic location; larger cities pay more than smaller villages. Pay levels are also affected by business trends and the state of the economy; experts in high-demand industries, such as risk management and forensic accounting, often receive larger compensation packages. The pay scales and career options after ACCA are quite related to each other. Maintaining and growing income requires continuous professional growth and conformity to industry norms in the fast-paced finance and accounting world.
| Job Role | Average Annual Salary (INR) |
| Financial Analyst | 4 to 6 lakhs |
| Tax Consultant | 4 to 6 lakhs |
| Accounts Payable/Receivable Specialist | 3 to 4.5 lakhs |
| Management Accountant | 4 to 6.5 lakhs |
| Risk Analyst | 4 to 6 lakhs |
| Financial Planner | 3.5 to 5.5 lakhs |
| Forensic Accountant | 4.5 to 6.5 lakhs |
Companies hiring ACCA in India?
The top companies are always looking for an ACCA professional or graduate to be recruited at their firm. Professionals with ACCA qualifications are in high demand across various Indian industries. Many businesses, such as banking, financial services, consulting firms, and multinational enterprises, are actively looking for ACCA graduates for employment, ranging from financial accounting to risk management and tax advising. The ACCA certification has a great reach in India due to its major focus on international accounting standards and huge recognition. It makes the holders an important asset in both domestic and foreign corporate environments. Students who hold the ACCA certification might expect numerous chances for professional development and career progress. The companies hiring for professionals with ACCA qualifications are as follows:
- Deloitte
- Pepsico
- Tata Grant
- Thornton
- Embassy Group
- KPMG
- ICICI Bank
- Infosys
- Wipro
- HDFC bank
Conclusion
If you have the ACCA qualification certificate, you can apply in various industries, departments, and job roles where the ACCA qualification is needed. We hope that this article was helpful to you in finding the best career options after ACCA. The skills and knowledge required for success in various industries, such as financial accounting, risk management, and forensic accounting, are possessed by professionals who hold the ACCA certification. The broad recognition of the ACCA certificate enhances professionals’ employment prospects by allowing them to operate across borders and advance to senior management roles. An ACCA qualification can help you pursue a rewarding and successful career in any finance-related field, such as tax consulting, financial analysis, and more.
Career Options After ACCA FAQs
What are the job opportunities after ACCA?
They can find jobs in international consulting organizations, financial institutions, Big Four accounting firms, and multinational corporations. Financial accounting, management accounting, auditing, tax consulting, and financial analysis are among the careers available to ACCA professionals overseas.
Does ACCA have a future?
There are multiple ACCA career opportunities available worldwide. Besides being an accountant, an ACCA professional can work as a management consultant, financial planner, etc.
What is the ACCA salary in India?
The starting pay for a fresh ACCA (Association of Chartered Certified Accountants) student in India is INR 4–8 lakhs per year, while the senior positions can offer INR 19–30 lakhs per year. The salary varies depending on experience, job title, organization, industry, and location.
