Top Highest Paying Jobs in Accounting in India [2021-2022]

Every student wishes to have a fulfilling career that demands high respect and pays you well. We have shortlisted 3 Global Designations that will help you achieve your career goals along with the Top Highest Paying Jobs in Accounting in India.

1. Certified Public Accountant (CPA Course)
2. Association of Chartered Certified Accountants (ACCA Course)
3. Certified Management Accountant (CMA Course)

1. Certified Public Accountant (CPA Course)
   1. CPA Course Scope :
      1. Certified Public Accountant (CPA) is a globally recognized designation and is the highest standard of competence in Accountancy.
      2. Extremely high preference for Certified Public Accountants across the globe makes it one of the Top Highest Paying Jobs in Accounting in India.
   2. CPA Course Duration:
      1. The minimum CPA course duration is 1 year.
   3. CPA Course Eligibility:
      1. To appear for the US Certified Public Accountant (CPA) examination a candidate should be a Postgraduate, preferably in Commerce like
         1. Member of the Institute of Chartered Accountants of India
         2. Member of the Institute of Cost and Works Accountants in India.
         3. Member of the Company Secretaries in India.
         4. Master of Commerce.
         5. MBAs
      2. Indian CA’s with B.Com are also accepted by quite a few states in the US. However, the exact criteria will vary from State to State.
   4. CPA Course Average Salary Range:
      1. The average salary range for a CPA professional is Rs.7-20 lakhs in India.
      
   5. CPA Course Job Opportunities:
      
      1. Candidates can pursue the following career after CPA course
         1. Financial Analyst
         2. Forensic Accountant
         3. Tax Accountant
         4. Tax Manager
         5. General/ Internal Auditor
         6. Information Technology Auditor
         7. Business Valuator
         8. Financial Planner
         9. Accounting Manager

2. Association of Chartered Certified Accountants (ACCA Course):
   1. ACCA Course Scope:
      1. ACCA is a globally recognized qualification in accounting and gives candidates an edge over other professionals due to its preferential status in 59 countries in the Middle East, Europe, the United Kingdom, and other parts of the world.
      2. Hence it is considered as one of the Top Highest Paying Jobs in Accounting in India.
   2. ACCA Course Duration:
      1. The minimum ACCA course duration is 2-3 years depending on the Level you start from.
   3. ACCA Course Eligibility:
      1. Students who have completed 12th from Commerce stream and have passed in five subjects including English and Mathematics, with 65% marks in at least two subjects and over 50% marks in others.
      2. Students pursuing graduation in Commerce i.e., B. Com, BBA, BMS, etc.
      3. BA/B.Sc. graduates from a recognized university (no marks restrictions), through a foundation in Accountancy
      4. Students preparing for CPT, IPCC
      5. Chartered Accountants should pursue ACCA for added credibility and a global edge
   4. ACCA Course Average Salary Range:
      1. The average salary range for an ACCA professional is Rs.6-20 lakhs in India.
      
   5. ACCA Course Job Opportunities:
      1. Candidates can pursue the following career after ACCA course
         1. Auditor
         2. Tax Manager
         3. Chief Financial Officer (CFO)
         4. Forensic Accountant
         5. Finance Manager
         6. Financial Controller
         7. Corporate Treasurer
         8. Management Accountant
         9. Financial Accountant

3. Certified Management Accountant (CMA Course)
   1. CMA Course Scope:
      1. CMA is considered the easiest of all the three professional qualifications in Accountancy. A candidate can pursue CMA and bachelor’s together.
      2. This enables them to graduate along with a CMA Certification and Management Accounting Experience thus making it one of the Top Highest Paying Jobs in Accounting in India.
   2. CMA Course Scope:
      1. The minimum CMA course duration is 6-8 months
   3. CMA Course Eligibility:
      1. To become a US Certified Management Accountant (CMA), a candidate should have:
         1. Membership of the Institute of Management Accountants (IMA) or
         2. A Bachelor’s degree from an accredited university or an equivalent degree
      2. Candidates can also enroll and complete the CMA course while pursuing a Bachelor’s degree.
   4. CMA Course Average Salary Range:
      1. The average salary range for a CMA professional is Rs.5-8 lakhs in India.
      
   5. CMA Course Job Opportunities:
      1. Cost Accountant
      2. Chief Financial Officer
      3. Financial Controller
      4. Financial Analyst
      5. Management Accountant

Top Highest Paying Jobs in Accounting in India

1. Internal Auditing Manager:
   1. Internal Audit Managers conduct Internal audits in the organization for various processes and business operations on a monthly and annual basis.
   2. Internal Audit Managers assess risks, ensure compliance with regards to legal matters and business procedures, detect frauds, etc and submit their findings and recommendations to the management.
2. Investment Banker:
   1. Investment Bankers usually work for corporate clients and provide them a number of services related to financial planning, fundraising, allocation of funds in a project, etc.
   2. Investment Bankers help companies recognize new business opportunities, create financial models, negotiate, and finalize deals, etc.
3. Financial Controller:
   1. The Financial Controller is responsible for all accounting and finance related activities in an organization.
   2. Financial Controller assists in budget preparations for various operations, projects, and processes in the company.
   3. Other responsibilities of the Controller are monitoring variances in finance related activities, summarizing trends, investigating and analyzing budget deficiencies and reporting the same to the management.
4. Financial Planning & Analysis Manager:
   1. Financial Planning and Analysis (FP&A) Manager is responsible for budgeting, forecasting, and analysis to aid financial decision making by the management.
   2. They help the organization prepare a road map to achieve the goals, track the progress, and make alterations as and when required.
   3. Financial Planning and Analysis Manager examines, analyses, and evaluates income, expenses, taxes, investments, capital expenditure to achieve their financial goals.