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.



Top Tax Issues for 2016

11 things you and your clients will want to start thinking about for next tax season

View the slideshow >>


10 Great Trends for CPAs

MACPA members predict future growth areas

View the slideshow >>


Tax Alpha: The Divorce Checklist

9 steps to take before and after a divorce, from the experts at HD Vest

View the slideshow >>


IRS Summertime Tax Tips

The Internal Revenue Service regularly provides tax tips via email to provide timely reminders to taxpayers and preparers about tax breaks and requirements year-round, and its advice can be particularly helpful this summer.

View the slideshow >>


Tax Season by the Numbers

Returns stats, ACA results and more from the 2015 filing season

View the slideshow >>


Tax Alpha: The Marriage Checklist

The experts at HD Vest lay out the financial details that every couple should take care of before the big day.

View the slideshow >>


Accounting TV Shows We’d Like to See

Over the years there has been no lack of TV series about the legal and medical professions, but for some reason the accounting profession has received relatively little attention. It's time that changed and we have a few suggestions.

View the slideshow >>


2015 Summer Reading for Accountants

Short, useful reads for the profession

View the slideshow >>


Accountants Getting Social

A slideshow of innovative social media from the accounting profession

View the slideshow >>


Trading Cards: The Accountants Set

Accountants from all walks of life are now on trading cards.

View the slideshow >>



Advertisement

Advertisement

Advertisement

Advertisement