Building a Career in US Tax and Accounting
Upgrade yourself, Start working as US Tax and Accounting Professional.
Your guide to accounting career path.
Tax accountants play an important role in the financial community, particularly for business owners. Tax accountants prepare tax returns for individuals or organizations, and help clients ensure they correctly complete all relevant tax documents.
With India being chosen as one of the favorite destinations by the US CPA and Accounting firms for setting up their offices, there has been a tremendous demand observed, for talent in this segment.
Here is a guide sharing information about how to become a US tax and accounting professional, the skills you will need to succeed and the certifications that will open new opportunities in the accounting career.
Getting Started
The first step on any accounting career path is to acquire the appropriate education. Earning a Bachelor’s or a Master’s degree in commerce, in addition to focused training in US tax and accounting will open up more doors for your long-term career.
A fluency in US taxation and accounting means opening the door to several new opportunities and a rewarding way to earn a living.
One may opt to get trained and start working as tax accountant, tax preparer, EA (Enrolled Agent), and/or CPA (Certified Public Accountant).
Average Salaries for entry level to senior level US tax and accounting professionals:
Below are the estimated salaries for the freshers in US tax and accounting professionals in India:
- Tax and Accounting Professional – Rs. 20,000/- to Rs. 40,000/-
- Tax Preparer – Rs. 30,000/- to Rs. 50,000/-
- CPA – Rs. 50,000/- to Rs. 70,000/-
Training Time:
Training time may vary depending on how you choose to get trained. Self-study is one way, which may sound convenient, but one must be very disciplined with an access to a mentor. Self-study may prove to be a long route delaying your career plans. Getting trained under an experienced US tax and accounting professional and/or CPA is recommended.
At Phoenix, the training offered for US Tax and Accounting, EA (Enrolled Agent) and CPA (Certified Public Accountant) to the students is comparatively faster than average institutes in the city in addition to the benefits such as:
- Training from experienced and expert professionals
- Practical training with hands-on experience in US accounting and US tax preparation
- All CPA faculties for the CPA training
Which means, you will be market ready in just 120* days! Yes, you can start your first job as US tax and accounting professional once you successfully complete your 120* days of US tax and accounting training.
The knowledge and hands-on experience acquired during the US tax and accounting training guarantees a job with a better financial gain.
Entry-Level Accounting Jobs
Here are the most common job titles for accountants with two years or fewer of experience:
- Staff accountant
- Junior accountant
- Accounts payable / accounts receivable clerk
- Financial analyst
- Audit associate
Mid-Level Accounting Jobs
Once you gain some professional experience here are some advanced positions you can start exploring:
- Accounting manager
- Cost accountant
- Accounting analyst
- Audit manager
Senior-Level Accounting Jobs
Your successful experience in managing and leading could open some of the most coveted positions in the industry. The goals of an individual, after working in the mid-level accounting arena could differ and not every accountant will land into a senior-level accounting role. Nevertheless, it is good to know what lies ahead and what to strive for.
For many public accountants, becoming a partner in a public accounting firm is one of the ultimate destinations. For private accountants, becoming a chief financial officer (CFO) is often the top of the corporate ladder.
Here are few common accounting job titles offered to senior-level accounting professionals.
- Senior accountant
- Senior Accounting manager
- Audit director
- Audit manager
- Senior tax manager
- Senior accounting analyst
- Controller
As global commerce continues to grow, there are plenty of opportunities continue being created for the US tax and accounting professionals.
US Tax and Accounting training at Phoenix is the best and fastest route to choose from to land you in a job with a pretty salary.
You can also choose to get further training and certifications once you start working as a tax and accounting professional in the US accounting area. These further training and certification will add value to your experience as US tax and accounting professional.
*It will take more time for EA and CPA course coaching.