Find out about the Top 10 Highest Paying Accounting Careers and what they do:
1.
CHIEF FINANCIAL OFFICER (CFO) :
Chief Financial Officer – the CFO – is one of the highest levels of authority and responsibility an accountant can aspire to. To become a CFO, an accountant must have the highest level of expertise, experience, and excellence – a long-standing track record of leadership and results. The larger and more complex an organization, the more crucial the role of a CFO becomes, as a centralized source of authority around all things money in the company. In other words, the buck stops with the CFO.
Median Salary: 10,764,141 BDT
Education Level: Master’s
2.
Financial Controller :
A company’s controller is the chief accounting officer and heads the accounting department. The controller is responsible for the company’s financial statements, general ledger, payroll, accounts payable, accounts receivable, budgeting and tax compliance.
Average Salary: 9,598,899 BDT
3.
CMA (Certified Management Accountant):
The CMA is responsible to assess both accounting and administrative controls and prepare reports for the management team regarding corporate compliance and internal policies and procedures.
Average Salary: 9,491,772 BDT
4.
FINANCE DIRECTOR:
If you’re climbing the ladder to CFO, you’re very likely to stop off in the office of Finance Director for a while. The Finance Director is usually just under the VP of Finance in the chain of command, working more directly with managers and employees to develop plans. Because people who reach the level of Finance Director have many years of experience, a Finance Director can expect to have a lot of latitude for developing their own procedures and best practices; if they get results, top brass will be happy.
Median Salary: 9,268,059 BDT
Education Level: Master’s
5.
Chartered Accountant Chartered accountants provide professional advice about financial decisions and profitability. They create financial reports and documents, and are involved in financial reporting, auditing, taxation and corporate finance.
Average Salary: 9,045,276 BDT
6.
FORENSIC ACCOUNTANT :
Forensic accounting is one of the fastest-growing specialties in the field. Forensic Accountants specialize in areas like fraud, auditing, and white-collar crime, and as the government cracks down on financial wrongdoing, forensic accountants are in more high demand than ever. Forensic accounting combines knowledge of accounting, law, investigative techniques, data collection and analysis, and accounting technology. It’s a complex field that requires a lot of education and experience, and forensic accountants tend to be well-compensated.
Median Salary: 8,883,263 BDT
Education Level: Master’s
7.
INTERNATIONAL TAX ACCOUNTANTAnalyze and determine alterations in exchange rates Record profits and losses from variations in exchange ,Review tax laws and regulations for different countries, Establish strategies and business models to reconcile the regulations of other countries
The level of knowledge, research skills, and expertise you need to become an International Tax Manager means a graduate education at least. Specializations in international finance, business, and accounting are becoming increasingly common in the top business schools, even online.
Median Salary: 8,450,958 BDT
Education Level: Master’s
8.
ACCOUNTING SOFTWARE DEVELOPER:
heavily technology-based; almost every aspect of the profession has moved from the paper forms and blue pencils of yesteryear to online. To keep up with changes in the field, software developers are creating new tools daily to handle tasks both big and small. An Accounting Software Developer needs to have a significant level of expertise in both areas to design and create programs that meet the needs of modern accounting, finance, banking, and business. Developers also need leadership experience and skills, as they will be leading the development team of programmers and designers on any large, complex projects.
Median Salary: 7,615,043 BDT
Education Level: Master’s
9.
CORPORATE CONTROLLER:
The Corporate Controller is not the WWE’s most boring gimmick for a wrestler, but one of the most critical jobs in any corporation. While, in a smaller company, the Controller might be equivalent to a CFO, in most larger companies the Controller is the expert manager making sure that the work in billing, budgeting, tax preparation, and more gets done. They’re the sergeant in the trenches keeping the soldiers on task while the higher-ups make plans, and without a good controller maintaining their day-to-day financial integrity, many a company would sink.
Median Salary: 7,823,994 BDT
Education Level: Bachelor’s/Master’s
10.
Bank Branch Manager :
A branch manager is responsible for all of the functions of a branch office, like hiring employees, approving loans and lines of credit as well as marketing the branch. They build a rapport with the community to attract business and assisting customers with account problems.
Average Salary: 8,135,043 BDT