“READY TO DISCOVER WHERE ACCA CAN TAKE YOU IN 2025?”
ACCA in Sri Lanka offers diverse careers in the accounting and finance sectors; with this qualification, students can choose between building their future locally or globally. This promising qualification prepares students for the practical world by emphasizing learning analytical, technical, ethical, and professional skills alongside an in-depth understanding of the theoretical concepts; this diverse skillset and quality education are what lead to successful ACCA careers.
ACCA professionals have the privilege of working under numerous roles and across diverse industries; all they need to do is have a strong skillset, expertise, and experience to get into their preferred role or industry and build a career of their own choice. In simpler words, professionals with this certification can tailor ACCA careers in accordance with their goals and preferences if they have the academic expertise and skills to do so. In today’s blog, we are going to discuss all about ACCA careers and the industries it has more scope in; read the blog till the end to identify which path you would want to choose.
WHY CHOOSE THE ACCA PATH IN SRI LANKA?
ACCA is a globally recognized qualification that offers you an international career in finance and accounting, and has significant value in Sri Lanka’s financial sector as well. As the financial sector of Sri Lanka gets stronger, the demand for well-trained finance professionals with a broad knowledge, diverse skillset, and relevant experience increases. Professionals of ACCA in Sri Lanka have the capabilities to fulfill all the mentioned industry demands; therefore, it is safe to say that choosing ACCA in Sri Lanka can help you build a successful future in the finance industry locally as well as globally.
TOP ACCA CAREERS FOR PROFESSIONALS IN SRI LANKA:
There are several professional paths that ACCA members in Sri Lanka can choose as their preferences; some of them are discussed below:
1: AUDIT & ASSURANCE:
After completing ACCA, professionals can choose the path of audit & assurance and become an audit associate, senior auditor, or audit manager. Sri Lanka has many work opportunities for skilled auditors; especially, the Big Four firms are amongst the biggest employers seeking skilled auditors. By choosing auditing as a career, professionals can have a wide exposure to diverse industries and sectors; hence, this could be the path you can choose as an ACCA member in Sri Lanka.
2: FINANCIAL REPORTING OR CORPORATE ACCOUNTING:
Financial reporting/corporate accounting is a commonly chosen professional path; through this path, you can get roles in corporate financing departments such as financial reporting analyst, financial controller, or accountant. Many organizations and companies from different industries in Sri Lanka offer these roles in the local job market.
3: INTERNAL AUDIT/ RISK & COMPLIANCE:
As the industries are getting well-regulated, the need for an expert internal auditor remains growing in companies; experts who choose to work as internal auditors or in risk and compliance need to focus on governance, internal controls, and risk management of an entity. The number of job opportunities offering related roles is increasing in Sri Lanka; hence, aspirants who prefer risk management and governance can plan their career accordingly.
4: MANAGEMENT ACCOUNTING:
ACCA careers also include roles like Management accountant and finance manager; students who find these areas interesting can build their future with the help of these roles. Professionals in such roles are responsible for budgeting, cost controls, performance measurement, and providing internal financial analysis; these roles are progressive, which means that with sufficient expertise and skills, you can progress towards executive or senior-level positions.
5: TAX ADVISORY:
ACCA students or professionals interested in taxation can take on advisory roles dealing with corporate tax, personal tax, transfer pricing, and roles that ensure tax compliance; a large number of finance professionals prefer taking this path after completing their qualification in Sri Lanka.
6: FINANCIAL PLANNING & ANALYSIS
These professionals are responsible for dealing with the budgeting, forecasting, and analysis of business performance; many related job opportunities from diverse industries are available in the Sri Lankan market for FP&A experts.
7: CFO/ FINANCE LEADERSHIP ROLES
It is widely known that ACCA gives a very progressive future; indeed, it is true; if you have invested your best efforts, this qualification can help in building a successful ACCA career. Once you have sufficient experience, skillset, and expertise, you can take on leadership financial roles such as CFO (Chief Finance Officer) and Finance Director.
CONCLUSION
ACCA careers are diverse and progressive; the qualification not only equips students with academic expertise but also ensures that the students know how to benefit from it in the practical world. The skills, continuous learning, and academic treasure that the qualification of ACCA in Sri Lanka offers later help ACCA professionals in having diverse opportunities from different industries, sectors, and organizations. The demand for these skilled finance and accounting professionals is much higher locally as well as globally, which leads to enhanced career prospects. Therefore, it is concluded that ACCA careers are diverse, in-demand, secure, and success-driven all across the world.
FREQUENTLY ASKED QUESTIONS (FAQs)
Q1: What is the estimated ACCA job salary in Sri Lanka?
Ans: The ACCA jobs salary for professionals varies depending on several factors, such as job level, expertise of the professional, and employer; however, the trainee can make around LKR 116,000 to 124,000 per month, whereas the pay scale for senior roles is around LKR 219,000 per month.
Q2: Is ACCA a good career option?
Ans: Yes, ACCA is a good career option if you aim to have a successful career in finance or accounting and are seeking a qualification that offers a progressive career, enhanced opportunities, and global career mobility.
Q3: What are the top five professional roles for ACCA members?
Ans: The top five professional roles for ACCA members include Finance Manager, Auditor, Tax consultant, Risk Manager, or a Corporate Finance professional; these are some of the roles that ACCA members can take over.
