AN OVERVIEW:

ACCA qualification in itself is a gateway to numerous career opportunities in the field of accounting and finance internationally, through its global recognition. On the other hand, Mauritius is known for its strong and growing financial sectors creating more ACCA careers opportunities for professionals. The financial landscape of Mauritius is a blessing for ACCA aspirants in the country, the demand for these professionals can be forecasted through employers seeking ACCA-qualified individuals desperately. They are offered handsome salaries, compensation packages, and reputable roles depending on their skills and experience. An ACCA-qualified professional can work in diverse roles and sectors, read the full article to get your answers.

BENEFITS OF PURSUING ACCA IN MAURITIUS:

  • ACCA qualification enables students to start their careers locally and internationally, creating more job opportunities for them to explore.  
  • Mauritius is said to be the financial hub of the Indian Ocean, the strong financial position of Mauritius results in creating high demand for ACCA professionals.
  • ACCA students can work in various sectors such as banking, investing, insurance, and accounting entities. 
  • These professionals have the liberty to choose the sector they want to work in and can also work under various titles, such as accounting, auditing, financial analysis, risk management, taxation, etc.
  • ACCA is a progressive field which means the chances for career growth are on the higher side, with the right skills and experience these professionals can also acquire management roles such as Financial Controller, CFO (Chief Financial Officer), etc.
  • The qualification of ACCA offers flexibility, students can take part-time or full-time study options. This factor is very helpful for the working students. 
  • ACCA qualification offers continuous learning and support to the members which includes workshops, webinars, and conferences to keep up with the changing trends and industry practices.

ACCA CAREERS MAURITIUS: 

Many employers in ACCA are seeking qualified and skillful accountants, and the financial market of Mauritius is contributing to enhancing career opportunities for ACCA professionals. Roles offered to these professionals are auditor, tax consultant, financial analyst, management accountant, and consultant. Higher management roles like financial controller, chief financial officer, and head of internal audit, ACCA qualification offers career advancement or progression.

ACCA members in Mauritius can work in public, private, government, and non-profit entities. ACCA professionals can work from small or medium-sized entities to multi-national firms, they can also become entrepreneurs and offer their services as consultants, risk managers, or auditors. These professionals are paid a handsome salary package along with job security. Students who don’t want to work locally can apply internationally as the certificate of ACCA is acknowledged worldwide. 

MAJOR EMPLOYERS OF ACCA IN MAURITIUS:

The Big Four Accounting firms: 

The big four Accounting firms in Mauritius namely; PwC Mauritius, Deloitte Mauritius, KPMG Mauritius, and EY Mauritius are the major employers of ACCA graduates offering roles in advisory, taxation, auditing, and consulting services. 

Banking and Financial services:

The banking sector of Mauritius is very strong and offers various job opportunities to ACCA professionals. These banks include The Mauritius Commercial Bank (MCB), HSBC Bank, Barclays Mauritius, and State Bank of Mauritius (SBM).

Multinational Enterprises: 

Many multinational enterprises from various industries such as textile, retail, and manufacturing offer various roles in finance, accounting, or management to ACCA professionals. These MNEs include Air Mauritius (national airline), Vivendi, CMT (clothing manufacturing technologies), Mauritius Telecom, etc. 

Government and parastatal organizations:

Government bodies and parastatal organizations in Mauritius offer several roles like financial reporting, auditing, and management to ACCA members. These bodies or organizations include the Financial Services Commission (FSC), Mauritius Revenue Authority (MRA), Central Electricity Board (CEB), and Stock Exchange of Mauritius (SEM).

SALARY EXPECTATIONS FOR ACCA PROFESSIONAL IN MAURITIUS:

Salary packages for ACCA professionals can vary tremendously depending on factors like experience, skillset, sector of employment, specific role, and organization. However, a brief overview of salaries is given below:

  • Entry-level or fresh graduates in the role of trainee auditor, assistant financial analyst, or junior accountant are paid MUR 20,000 to MUR 35,000 approximately, per month. 
  • Mid-level individuals having experience of 2-5 years, are offered roles such as Audit senior, finance officer, senior accountant, management accountant, or financial analyst are offered around MUR 35,000 to MUR 60,000 monthly. 
  • Senior-level professionals that have 5-10 years of experience can work in roles such as finance manager, Senior Auditor, senior financial analyst, tax manager, risk manager, or corporate finance manager. These professionals are paid approximately MUR 60,000 to MUR 100,000+ monthly.
  • Management-level (10+ years of experience) are offered roles like head of internal audit, finance director, financial controller, CFO, or senior consultant. These professionals are paid around MUR 100,000 to MUR 150,000+ per month.
  • Specialized or High-demand roles such as senior consultant, head of finance, forensic accountant, M&A specialist, and tax director are paid approximately MUR 150,000+ per month. However, the salary could increase depending on the organization.

OTHER BENEFITS FOR ACCA PROFESSIONALS:

Other benefits offered to ACCA professionals are as follows. However, they can vary from company to company following their policies. 

  • Performance-based bonuses
  • Health insurances
  • Pension and retirement plans
  • Training and development

CONCLUSION:

The emerging trends or needs for ACCA-qualified professionals in Mauritius could be witnessed through employers seeking ACCA graduates eagerly. ACCA qualification not only opens the gate to local and international career opportunities but also, enables professionals to explore different options. Salary packages offered to ACCA professionals are attractive. They also offer career advancement which is also a bonus point for the aspirants, ACCA doesn’t bind an individual to work under a specific role or in a specific industry rather it offers careers in numerous industries that are distinctive to one another. Hence, there are various ACCA careers paths for students in Mauritius.