CPAs taking up corporate accounting are already on promising career paths unlike those working in conventional accounting positions. Corporate Accounting is something different from traditional accounting that requires the service of accountants whenever needed. It is a career path where US CPAs are hired to serve one company or business and includes him as part of the overall organization structure. So, Certified Professional Accountants specializing in corporate accounting are entitled to various advantages as they first get a stable job in an organization/company/business, high salary package and benefits, and constant projects.
Let’s find out what a US CPA corporate accountant does and how his/her career makes a difference in companies or organizations in the corporate world.
As business success depends on analytics, companies hire US CPAs with corporate accounting experience in the first few years to perform entry-level tasks of preparing financial reports, cost analyses, amount receivables, and payables.
Since tax becomes a lifeline to business operations and performance, companies hire CPAs to manage tax when they reach the senior level. You would also handle the responsibilities of supervising junior-level staff. Besides this, CPAs can also get additional exposure to the payroll tax, sales tax, and other tax obligations.
The moment you have put in over 5 years of experience in corporate accounting, along with a globally recognized credential like the US CPA, you can assume higher or C-suite level positions like Financial Accounting Manager, Reporting Head, or Controller. At this level, you will handle the key responsibility of forecasting the company's performance, building financial strategies, liquidity, and growth.
Beyond this is a stellar position like CFO or CEO. As a CFO or CEO, you would manage the financial data of the company to direct the company's growth from unprecedented risks and frauds. At this level, your competency is expected to be sharper than the forecasted performance to keep organizational progress on track. Moreover, at this stage, you will be able to provide cutting-edge advisory and consultancy to major Big 4s and top MNCs with a lucrative package.
All that you need to achieve this big dream of becoming a US CPA corporate accountant, is to take a dive online and enroll with India's best US CPA Review Institute.