ACCA Scope and Job Opportunities in India and Abroad

ACCA scope and jobs blog cover

ACCA Jobs In India & Abroad

What is ACCA?

The ACCA Course has earned global recognition with over 2,41,000 qualified members and 5,44,000 students in 179+ countries. This international reach adds significant value to the businesses they serve.

ACCA is at the forefront of the business & finance profession, with their expertise and insights sought after by governments, professional bodies, academic institutions, employers, and the global media. It is awarded by the Association of Chartered Certified Accountants, a prestigious professional body with a rich history dating back to 1904.

Scope of ACCA in India

Do Indian Companies Hire ACCA Professionals?

India’s booming economy has led to a significant demand for globally skilled business & finance professionals. ACCA-qualified professionals are highly sought after with their 21st-century global skills and hence find immense opportunities in both domestic and multinational corporations in India & abroad.

ACCA-qualified professionals are highly sought after in the consulting sector, with BIG 4 firms (EY, PwC, Deloitte, KPMG) and multinational giants like Citicorp, JP Morgan, Microsoft, HSBC, Siemens, Nestle, Accenture and actively recruiting them.

Scope of ACCA globally

1. Versatility of ACCA

One of the key strengths of ACCA is its versatility. ACCA-qualified professionals are not limited to a specific industry or role. They can work in various roles such as accounting, advisory, auditing, management consulting, taxation, corporate finance, investment banking and so on, providing them with a range of career options.

2. Competitive Advantage

Earning the ACCA qualification provides a significant competitive advantage in the job market. Employers recognise the rigorous training and expertise that ACCA professionals bring, making them preferred candidates for high-paying positions.

3. International Recognition

ACCA is widely recognised in India; and in over 179 countries, making it a valuable asset for those aspiring to work abroad. This recognition allows you to pursue your dream of working abroad for leading multinational firms. 

“If you can dream it, you can do it.”Walt Disney

In today’s globalized world, ACCA professionals are in demand across the globe. They can explore job opportunities in countries such as India, the United Kingdom, the United States, Australia, and the Middle East.

ACCA is actively engaged in collaborations with a wide array of stakeholders, including financial services, consulting manufacturing, FMCG, oil, gas & energy, public sector, global business services, etc. Currently, ACCA boasts partnerships with over 7,820 approved employers and 95+ accounting firms worldwide and connects members with thousands of vacancies through the ACCA careers job portal.

What kind of expertise do you develop after completing the ACCA qualification?

Advisory and Consultancy

Develops insights into organisational issues of internal and external clients and provides expert advice to add value. Supports clients’ goals and plans to achieve improvement, innovation and sustainable growth. Identifies efficiencies and responds to changing business conditions.

Audit and Assurance

Provides quality services by evaluating information systems and internal controls, gathering evidence and performing audit procedures to achieve audit objectives and a variety of audit engagements.

Digital

Expertly uses existing and emerging data technologies, capabilities, practices, and strategies in a responsible and ethical manner.

Financial and Business Reporting

Effectively communicating data-driven insights to stakeholders through clear, concise, and engaging business reports, enabling informed decision-making.

Financial Management

Develops and implements strategic investment and financing decisions that align with the business’s overall goals and objectives, while managing risk and ensuring compliance with all applicable laws and regulations.

Performance Management

Delivers financial information, tools, analysis and insight across the organisation. Assesses, evaluates and implements management accounting and performance management systems.

Risk Management

Establishes and maintains a robust governance framework that aligns with the organization’s strategic goals and objectives, facilitates evaluation, and enables the identification and mitigation of risks through effective internal audit and control systems.

Sustainability

Applies integrated thinking and action to create, protect and communicate long-term value for the organisation, environment and society.

Taxation

Ensures compliance with all applicable tax laws and regulations, while ethically managing tax liabilities and leveraging appropriate tax computation and planning techniques to support the financial well-being of individuals and companies.

Here are some Job Roles you can do after ACCA

Global Accounting & Advisory

ACCA qualification is a highly sought-after credential by employers in the global job market, especially for global accounting and advisory roles. ACCA members have deep expertise in International Financial Reporting Standards (IFRS) & hence they are thorough in Strategic Business Reporting globally. Knowledge of Global Accounting Standards gives them the ability to explore accounting & advisory roles across continents.

Financial Analyst

Among the most coveted positions for ACCA professionals is that of a Financial Analyst. These experts are pivotal in enabling organisations to make well-informed financial decisions through in-depth analysis of data, trends, and market conditions. In the intricate landscape of finance, Financial Analysts serve as indispensable guides for businesses seeking to navigate its complexities.

Check out the successful ACCA journey of our student Aashna Shah – Financial Planning Analyst at InCorp Advisory.

Auditor

Auditors play a fundamental role in ensuring the accuracy and integrity of financial records within organizations, making them indispensable in maintaining financial transparency and regulatory compliance.

Auditors are responsible for examining financial statements, internal controls, and accounting systems to identify errors, discrepancies, or potential fraud. Their meticulous scrutiny helps in providing assurance to stakeholders, such as investors, creditors, and government agencies, that a company’s financial information is reliable.

Tax Consultant

Tax consultants are experts in tax law and regulations who help individuals and businesses optimize their tax liabilities and ensure compliance with all relevant requirements. They offer a wide range of services, including:

  • Tax planning: Tax consultants can help you develop a tax strategy that minimizes your tax burden while maximizing your financial goals. They can consider your income, investments, expenses, and other factors to identify potential tax deductions and credits, and advise you on how to structure your business and financial affairs in the most tax-efficient manner possible.
  • Tax compliance: Tax consultants can help you prepare and file your tax returns accurately and on time. They can also assist you with tax audits and other tax-related matters.

Management Accountant

Management accountants focus on providing financial insights to aid in strategic decision-making. ACCA qualification prepares individuals for this vital position.

Risk Manager

Risk Managers are responsible for identifying and mitigating financial risks within organisations. They develop strategies to protect against potential threats and ensure financial stability. Risk managers develop and implement strategies to protect against potential threats, such as:

  • Market risk: This includes risks associated with fluctuations in interest rates, currency exchange rates, and stock prices.
  • Credit risk: This is the risk that a borrower will default on a loan.
  • Operational risk: This is the risk of losses resulting from human error, system failures, or other operational events.
  • Strategic risk: This is the risk of losses resulting from changes in the competitive landscape, regulatory environment, or other external factors.

Risk Analyst

Risk analysts play a crucial role in assessing and managing financial risks for businesses. Their expertise enables organisations to develop strategies for sustainable growth. This role is highly sought after across various industries.

Budget Analyst

Budget analysts play a crucial role in reviewing financial plans and budgets, ensuring efficient resource allocation in alignment with organizational objectives. Their work aids organizations in effective project planning and execution, maximizing financial resources. There are a ton of different job roles to choose from, mentioning some roles below.

ACCA Job Roles:
  • Accountant
  • Accounts Assistant
  • Accounts payable/receivable
  • Assistant Accountant
  • Assistant management accountant
  • Audit
  • Bookkeeper
  • Business Analyst
  • CFO
  • Chief Accountant
  • Compliance/risk
  • Credit control
  • Finance business partner
  • Finance Director
  • Finance Manager
  • Financial Accountant
  • Financial analyst
  • Financial controller
  • Financial planning & analysis
  • Forensic accountant
  • Fund accountant
  • Group accountant
  • Head of Finance
  • Internal audit
  • Management accountant
  • NED/Trustee
  • Tax
  • Trainee accountant
  • Treasury
  • & many more
ACCA Job Sectors:
  • Accounting – Public practice  
  • Banking and financial services  
  • Defence and military  
  • Digital  
  • Education and training  
  • Energy/utilities  
  • Global business services and outsourcing
  • Healthcare
  • Insurance
  • IT/Telecoms
  • Legal
  • Leisure/Travel/Tourism
  • Management consultancy
  • Manufacturing/engineering
  • Media/Marketing
  • Not-for-profit / charity
  • Pharmaceutical/medical
  • Property and construction
  • Public sector
  • Retail and FMCG
  • Transport/logistics

Browse current ACCA job opportunities in India and abroad

What is the starting salary of ACCA in India?

The salary depends on various factors such as experience, other qualifications, market conditions, job role, sector, etc. It’s generally observed that the average salary of a partially qualified ACCA (minimum 9 papers cleared ) in India can range anywhere from INR 3 LPA to INR 4 LPA

The starting salary of ACCA-qualified professionals fresher in India is highly competitive, ranging from 5 LPA to 7 LPA. However, this figure can range up to 12 to 14 LPA if there’s any other professional qualification such as CA, MBA, CMA, etc. 

Conclusion

ACCA jobs in India are in high demand, as the country’s economy continues to grow. ACCA-qualified professionals are highly sought-after by employers in a variety of industries, including banking, finance, accounting, and consulting. With its global recognition and versatile skill set, the ACCA qualification is a prime choice for those seeking a rewarding career in business and finance.

Ready to start your ACCA journey and land your dream job?

At Synthesis Learning, a Platinum ALP (Platinum ALP status for ACCA is the highest level of accreditation for Approved Learning Providers, a testament to their exceptional quality and outstanding pass rates) we offer comprehensive ACCA coaching and mentoring programs that can help you clear your exams quickly and efficiently, and get placed in top firms including the Big 4, BDO, Grant Thornton, Google, Microsoft, Apple, Accenture, Barclays and more.

With our expert guidance and support, you can clear your ACCA papers in less than 2-2.5 years and start your career as an ACCA professional at the age of 20.

Reach out to us today to learn more about our ACCA coaching programs and how we can help you achieve your career goals.

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