5 Signs a Career in Accounting Is Right for You
Looking for a great career? Accounting provides significant upside. With this profession, you plug yourself into the heart of business, making it a crucial role in any organization.
That said, an accounting career isn’t for everyone. The skills involved are in-demand … but they can also be demanding. As such, you need to consider if the discipline is right for you.
When you’re ready to launch your accounting career, a top recruiter, like SmartTalent, can jumpstart your professional development. You’ll find the perfect positions for your skills and background.
Prior to that, it’s important to review your abilities and your preferences, deciding if you want to dive into the field. With that in mind, here are five signs a career in accounting is right for you:
You Want a Solid Career
Even in a fast-evolving economy, there will always be a place for accounting professionals. The nature of the work might change as technology advances. But the basic principles will be necessary to keep businesses humming into the foreseeable future.
According to government data, the accounting field is projected to grow 7% from 2020 to 2030. At the same time, the profession offers a median annual wage of just over $77,000. However, on the high end, compensation can easily top six figures, with the top 25% of accountants earning at least $97,000.
You’re Looking for a Job with Plenty of Upside
Not only does the accounting profession come with significant job security. It also offers different paths to success. The skills you learn in the field can apply in multiple situations. Here are some of the diverse roles you can fill with an accounting background:
- Tax Preparer
- Finance Executive
- Starting Your Own Business
- Government Regulator
- Financial Services/Investing
- Budgeting Oversight
You Have the Basic Skills
Yes, accounting provides excellent career prospects. But does it represent a good choice for you? You’ll be happier (and more successful) if you have underlying talents and personality traits suited for the profession.
With that in mind, here are some core competencies you’ll have to master in order to excel in accounting:
- math skills
- attention to detail
- logical, concrete thinking
- data analysis
Having the right skills is only the first step. You also need to locate the ideal situation in which to apply them. SmartTalent can help you there. You’ll get the guidance and support you need to maximize your potential.
You Don’t Mind Going to School
Becoming a successful accountant means a long tenure in school. You’ll likely need a college degree in the subject to land a quality position. Meanwhile, graduate degrees are common as well, along with key professional certifications, like becoming a CPA.
Moreover, you should plan on making education a career-long endeavor. The context around accounting is constantly evolving. Tax laws change. Technology progresses. Regulatory agencies issue updates and amendments. As an accountant, you need to stay current with these developments.
You Are Ready for the Busy Season
Tax preparation is a seasonal business. You’ll suffer through a massive rush during the busy season, offset by a lighter schedule during the rest of the year. This comes with deadlines and high-pressure situations.
Aside from tax preparation, other accounting roles come with similar rhythms. For instance, a corporate job could include a crunch every three months as you push to get quarterly financial statements prepared by the appropriate deadline.
Ready to optimize your accounting career? SmartTalent represents an excellent partner. Whether you’re just starting out or looking to take the next step, you’ll get the direction you need to find the ideal opportunity.
Contact SmartTalent today to learn more.