Top Job Roles after ACCA Certification in the UK
Top Job Roles after ACCA Certification in the UK: Key Responsibilities and Salary Insights
Do you need clarification about what I can do after ACCA in the UK? Your answer is right here. Stay tuned!
ACCA is a widely accepted accounting and financial certification. It allows you to become a finance expert and enter the prestigious accounting profession. With an ACCA Certification in the UK, you get the opportunity to participate in strategic decision-making and anticipate being presented with intriguing opportunities. Additionally, you will acquire the abilities required to become a creative accountant with a firm understanding of global financial regulations.
In this article, we will discuss five career options after ACCA in the UK, each of which has different challenges, opportunities for advancement, and paths to career fulfillment. Before delving into the various career choices let’s quickly review the requirements for ACCA.
ACCA Qualification Overview
The ACCA Certification in the UK is well known for its extensive coursework, demanding exams, and real-world application. ACCA holders are highly sought after in today’s competitive job market because they give professionals the knowledge, abilities, and ethical foundation they need to succeed in a variety of professions across industries and sectors. The top five careers that ACCA graduates can pursue are as follows:
1: Accounting Assistant
Junior accountants, known as accounting assistants, work under the direction of the finance manager or director of an organization. The duties of an accounting assistant can differ depending on the organization. An accounting assistant with ACCA certification in the UK may be in charge of the following duties:
- handling the finances of a company.
- putting together financial reports.
- accounting reconciliation.
2: Tax Specialist
A tax specialist is an expert in subjects related to taxes. A tax expert mainly works for an accounting or professional services firm. A tax specialist counsels clients on matters about their personal and professional lives as well as national and international tax law. They are also responsible for assisting organizations in fulfilling their tax-related duties.
A tax specialist’s duties consist of the following:
- ensuring that the clients follow all applicable tax rules and regulations.
- Assist customers in maximizing their tax benefits.
- Give guidance on how to best organize the clients’ financial matters
3: Financial Accountant
Being an accountant can be the first step on the ACCA career path. However, you can look for financial accounting job options after obtaining an ACCA certification in the UK. Recording, summarizing, and analyzing business transactions during a given period is the process of financial accounting.
The duties of a financial accountant consist of:
- evaluating financial data through balance sheet and financial statement analysis.
- prepare financial statements for external stakeholders, including shareholders, creditors, tax authorities, and regulators.
4: Auditor
An auditor is an expert who looks over and confirms the accuracy of a company’s accounting and financial records. The accuracy of the organization’s financial and operational data and reports is verified by the auditor. Large accounting firms generally employ auditors. Consequently, the organizational record aligns with the regulatory structure. Additionally, audited financial statements reduce organizational risk and foster confidence among shareholders and investors. An auditor’s duties and responsibilities include:
- confirming that the financial records and papers of an organization are accurate.
- confirming that the company complies with all relevant laws and rules.
- ensuring that the financial statements of the organization accurately and fairly depict its financial situation.
5: Credit Controller
Another outstanding profession that an ACCA candidate can undertake after completing the ACCA course is credit control. A credit controller’s main duties include managing debt and making sure credit management services run smoothly. Among their responsibilities are:
- assessing fresh credit applications
- verifying clients’ credit scores with the bank managing corporate debtors and credit collection
- creating customer status reports.
An Overview of ACCA Salary in the UK
An accountant with ACCA certification in the UK makes between £30,000 and £50,000 annually. Individuals with better credentials and expertise can make up to £100,000 or more annually.
According to Talent.com, the starting salary for an Entry Level ACCA position in the UK is £21,700 annually. The top companies for chartered accountants in the UK are PwC, Deloitte, KPMG, and EY, and their annual salary range from £45,000 to £65,000.
Enroll at Mirchawala to Obtain your ACCA certification.
On the successful completion of the ACCA Course, you can go for these ACCA job roles in the UK.
All things considered, ACCA in the UK has produced profitable job opportunities for individuals who possess the required training and credentials. Individuals who possess ACCA certificates are likely to receive higher-paying positions.
If you are all set to grow your career in ACCA, take admission at Mirchawala and complete your course from the comfort of your home. We offer a comprehensive ACCA learning course with expert guidance, mock exams, previous papers, and much more.
We are here to support you in achieving your career objectives in your way, contact us now!
Frequently Asked Questions (FAQs)
Q: How much is the average ACCA salary in the UK?
Ans: For qualified persons, the ACCA salary in the UK is around £48,500 (48 lakhs INR) per year.
Q: What is the minimum ACCA salary in the UK?
Ans: In the UK, there is no minimum ACCA pay. The starting salary of an entry-level ACCA job in the UK is around £21,700.
Q: What other benefits are included in ACCA salaries?
Ans: A lot of businesses provide ACCA professionals with extra benefits such as flexible work schedules, healthcare coverage, and more vacation days. Employers must be consulted in order to check other benefits.