Best Career Options in Accounting & Finance for Freshers in India: Salaries, Skills & Career Growth – RBPerfect Career Blog
Establishing a career in accounting and finance is now, one of the wisest decisions for freshers in India. As companies are growing, startups are scaling up and compliance is getting more complicated, the number of jobs available in the finance domain have increased. Companies are looking for job seekers who not only possess a theoretical knowledge but also can handle practical accounting like GST filing, TDS calculations, payroll entries, bank reconciliation and financial reporting. RBPerfect provides students the kind of marketable skills employers want right now and on day one.
The Accounting and Finance Job Market Explained
Accounting and Finance industry in India is changing – quite rapidly and dynamically – thanks to the uncertain business environment (digitisation, New tax regimes, automation) and close attention of CEOs on compliance. Today’s freshers have the luxury of many entry-level jobs starting in IT and need only an understanding of rudimentary technology and good practical exposure. From startups to multi-nationals, all company need accountants, payroll officers, tax assistants and finance analysts. The need is always consistent as accounting – operations are the heart and soul of any company. Even with the right training, someone who has never done any accounting work before can step straight into a high-paying accounting job. RBPerfect’s aim is to design relevant learning pathways, enabling their students to confidently respond to the expectations of today’s employers.
GST Executive: A Fresher’s ‘Hot’ Career?
Post GST, Businesses are in need of qualified experts who can file GST returns, keep books of accounts, reconcile various data and file returns on time. A fresher can make pretty well as GST Executive and knows advanced taxation as well. In this role, one of the quickest career paths is available as companies see GST compliance as a very important function. Once you get some experience, you can graduate to GST consultancy, Assisting in audit or tax practice independently. Relevance: This knowledge of GST forms, portal workings and return cycles is enough for freshers to get a good hold in early stages of tax career. GST Technologies on RBPerfect’s GST specific modules have prepared students to work with real companies and apply themselves in GST related activities.
Tally and Accounting Executive: The Most Popular Entry-Level Job
Regardless of the size, every body in business is recording transactions through an accounting software. In all the procedures Tally Prime is still one of the most popular models used in India. A Tally and Accounting Executive primarily take of daily accounts,party and ledgers, sales and purchase entries in tally, bank monthly quenching. Because this position exposes you to the basic building blocks of accounting, it is a great job for those just entering the work force. Starting salaries are not bad, and growth is quick once a student acquires GST, TDS and payroll etc. Novice employees can with disciplined application develop through the ranks to positions such as senior accountants, finance operations or branch accounts management. RBPerfect offers real-business case studies, so students learn from practice since the outset.
Payroll Officer – A Sought after and Progressing Position Profile OF Company is one of the fastest growing payment service providers.
Significance of Payroll in Any Business. For the salary processing it involves, generating pay slip, maintenance of attendance register, calculate PF and ESI with compliance statement. If you are in sales or Admin and possess good numerical abilities, you may also be a successful payroll operator. Corporates give preference to those CVs that have some knowledge of labour laws, salary structure, monthly compliance weeks. With use of automation tools growing in the industry, payroll practitioners must also possess knowledge regarding system/ software processing. Long term job security – because there will always have to be payroll every month.
Tax Assistant – Career For Law And Finance Opportunist
Income tax, TDS and compliance requirements are varying every year. Freshers keep applying for a tax assistant profile and they can work on return filing, TDS calculation, Form 26AS review, client documentsations and support in tax planning. This position is ideal for students focused on tax laws and financial analytics. Employment as a Tax Assistant provides a solid foundation for higher professional tax roles (e.g. tax analyst or senior consultant) or the opportunity to establish your own private practice. It has a steep learning curve, but pay rapidly increases as your skills do.
Audit Assistant: Great for Students Who Want Thorough Financial Insight
Audicit is a prime discipline and very knowledge base filed in finance. Freshers joining as Audit Assistants form part of the team working with the Chartered Accountants in verifying financial statements, examining accounts and records checking for duplicacy or fraud, confirming system and reporting regulations. It job teaches you Analytical skills, Documentation discipline and Financial correctness. An auditor is exposed to all areas of a company’s operations. It alsoprovides avenues for careers in statutory audit, internal audit, forensicaudit or risk management. New in audit start out really well professionally because they get so good at finding differences and understanding financial distributions. RBPerfect includes basic knowledge of audit in the study plan to for developing fundamental clarity.
Financial Analyst: An Occupation for Those with Analytical Minds
For learners keen on analysis, interpreting data and making business decisions, a Financial Analyst position would be well-suited. Companies in finance, e-commerce, consulting and tech hire them to assess financial performance, develop dashboards, analyze trends and support strategic planning. While the role requires a higher degree of Excel/analytical skills, it is one niche that early-career freshers can get into if they’ve had good training. The growth is great, and salaries shoot up rapidly with the increase in analytical responsibilities. RBPerfect enables students to develop strong analytical underpinnings, financial modelling fundamentals and relevant real-company reporting skills.
What Is The Salary Of A Fresher And Growth Scope?
While entry-level jobs in accounting and finance usually start off pay INR 12,000 – INR 25,000 monthly depending on where you are located etc, the company size and candidates Skill set. Real-world experience can be more valuable than credentials. Even freshers can see massive salary jumps within a year or two after they have expertise in GST, TDS, payroll and financial reporting. You’ll be promoted faster and will enter into specializations with higher salaries. RBPerfect practical approach to training will make you a master in creating reports, building dashboards and coding in R triggering the fastest growth of interviews & office productivity boost up.
Conclusion: What RBPerfect Can Do for Your Career Choice
Freshers Jobs in – Accounting & Finance The fields of accounting and finance provides some good career options for Indian freshers. All roads, whether the student elects to go GST, audit, payroll or financial analysis — they all lead to stability and growth, with long term relevance. “Everything that we do in RBPerfect references the real world so students can see why they need to learn a particular skill or how it applies outside of the school,” Morley said. Once they receive the right training and mentorship, students will be able to easily enter into the finance industry and have a bright career path ahead.
