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Careers in Accounting

All organizations—from publicly traded companies to nonprofits and government agencies—need accounting professionals who can ensure they're compliant with the law and staying ahead of financial challenges.

According to the Bureau of Labor Statistics, accounting jobs are projected to grow 10 percent between 2016 and 2026, thanks to a growing economy, globalization, and an increasingly complex regulatory system.

With that growth, salary outlook remains strong: In 2017, accountants and auditors earned a median salary of $69,350 with the top 10 percent earning more than $122,220.1

Graduate with in-demand skills—like the ability to prepare and interpret financial statements and tax returns, conduct financial audits, and create budgets—that you can apply in a variety of industries and sectors, including:

  • :: Public accounting firms
  • :: Financial auditing firms
  • :: Corporate accounting and finance departments
  • :: Government agencies
  • :: Nonprofit organizations

Career Spotlight

Through Utica's cutting-edge accounting curriculum, you'll graduate prepared to pursue a number of positions within the field of accounting.

Financial Controller ($80,362/year)

As a Financial Controller, you would manage the financial departments of organizations to ensure compliance and profitability. You'd prepare and review reports ranging from profit and loss statements to balance sheets and beyond, helping to predict the financial performance of the organization into the future.2

Financial Manager ($88,650/year)

As a Financial Manager, you'd be responsible for creating and monitoring budgets across departments to ensure organizations operate within their means. People in this position establish financial forecasts and follow up on blown budgets while managing additional projects and staff.3

Financial Analyst ($58,615/year)

As a Financial Analyst, you'd be tasked with forecasting, auditing, and analyzing financial data to create reports. These reports are used to understand the financial implications of strategic business decisions, past campaigns, and more.4

Additional roles for accounting professionals:

  • :: Chief Financial Officer
  • :: Treasurer
  • :: Internal Auditor
  • :: External Auditor
  • :: Government Accountant
  • :: Tax Accountant
  • :: Management Accountant

Key Skills Employers Need

Upon graduation, you'll be armed with the skills and competencies to:

  1. Identify valid accounting and tax standards and formulate solutions to accounting and taxation problems citing authoritative resources
  2. Analyze and evaluate business problems using a variety of techniques and devise data-driven solutions
  3. Use the FASB Accounting Standards Codification to evaluate and design solutions for complex accounting cases
  4. Demonstrate an understanding of the concepts and processes involved in performing an audit
  5. Analyze and apply accounting and financial information to facilitate strategic decision-making
  6. Describe common ethical dilemmas faced by accounting professionals and the individual's responsibility in these situations

Have more questions?

Build your skills in this vital field with Utica College's Online Master's in Accounting degree. Fill out the information form or call us at 315-732-2640 or toll-free at 866-295-3106 to speak with a program manager today.
 

SOURCES:

1Bureau of Labor Statistics (2018, April 13). Accountants and Auditors. Retrieved on September 20, 2018, from, https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm
2Payscale (n.d.). Financial Controller Salary. Retrieved on September 20, 2018, from, https://www.payscale.com/research/US/Job=Financial_Controller/Salary
3Payscale (n.d.). Financial Manager Salary. Retrieved on September 20, 2018, from, https://www.payscale.com/research/US/Job=Finance_Manager/Salary
4Payscale (n.d.). Financial Analyst Salary. Retrieved on September 20, 2018, from, https://www.payscale.com/research/US/Job=Finance_Analyst/Salary