Great Entry-Level Jobs in Accounting

The six most rewarding ways to enter the profession.

Finance and accounting staffing firm Accounting Principals has developed a list of the entry-level finance and accounting positions that are most in demand, whether as an essential function for all corporations, or as a growth area due to regulatory reform.

1. Financial Analyst 1. Financial Analyst Median annual salary: $49,700-$51,000 (with MBA: $55,000)

What and why: Basically, understanding financial data and helping translate it into decisions. Jobs for financial analysts will continue to grow as individual and business investment continuously expand, particularly internationally.

Should have: Must have a Bachelor's in Finance.

2. Accountant 2. Accountant Median annual salary: $45,000-$55,000

What and why: Keeping the books, preparing balance sheets, P&Ls and other financial report, etc., etc. -- we don't need to tell you what you do everyday, whether it's in industry or at a public accounting firm. Ever-more complex regulations is creating high demand in industry, sucking CPAs away from public firms and starving them of talent.

Should have: Must have a Bachelor's in Accounting; CPA license leads to more pay.

3. Accounts Payable/Receivable Clerk 3. Accounts Payable/Receivable Clerk

Median annual salary: $34,600-$35,200

What and why: Making sure the money comes in. Who doesn't need the money to come in?

Should have: High school diploma.

4. Auditor 4. Auditor

Median annual salary: $50,000-$55,000

What and why: Vetting the accuracy of financial reports and records. Huge regulatory requirements old and new -- from SOX to Dodd-Franks -- are frequently labeled "No Auditor Left Behind" laws, since they create demand for these experts.

Should have: Bachelor's in Accounting or Finance. Certified Internal Auditor or CPA credential will boost pay.

5. Credit Analyst 5. Credit Analyst

Median annual salary: $44,700-$46,000

What and why: Evaluates the likelihood that borrowers can repay loans. Economic uncertainty is causing companies to continue to be wary of lending, so they need this kind of expertise before they're willing to commit.

Should have: Bachelor's in Finance.

6. Mortgage Underwriter 6. Mortgage Underwriter

Median annual salary: $50,000- $53,000

What and why: Determines how risky a mortgage applicant is. It's in demand because of ... well, everything that's happened in this country for the past 10 years, including recent regulations like the SAFE Act.

Should have: Bachelor's in Finance.



10 Ways to Destroy the Value of a Company

Klatzkin & Co.ís Stephen Klein shares the biggest mistakes business owners make

View the slideshow >>


Sources of Tax Confusion

Tax pros share their most confusing forms, clients and more

View the slideshow >>


Ready for Tax Season?

Tax pros share their pre-season to-do lists

View the slideshow >>


Most Outrageous Tax Deductions of 2016

The Minnesota Society of Certified Public Accountants recently surveyed its CPA members in public accounting on the most outrageous tax deductions clients tried to take on their tax returns. The resulting list shows that, more often than not, clients just donít know which deductions are allowed.

View the slideshow >>


Beyond the Extenders: The Tax Legacy of 2015

Critical legislation and court decisions from last year

View the slideshow >>


Top Stories in Accounting in 2015

Our editorsí picks for what made news in the profession this year

View the slideshow >>


Meet the 2015 Best Midsized and Large Firms to Work For

An inside look at some of the best midsized and large workplaces in accounting

View the slideshow >>


Meet the 2015 Best Small Firms to Work For

An inside look at some of the best small workplaces in accounting

View the slideshow >>


Tax Alpha: Making the Most of RMDs

Helping clients make minimum distributions go further

View the slideshow >>


2016 in Numbers

Your peers' predictions for the next year in accounting

View the slideshow >>