9 ACCA Entry-Level Jobs in India and What They Pay
Last Update On 20th January 2025
Duration: 10 Mins Read
ACCA certification is a stepping stone in building a career in finance and accounts. It is a globally recognised certification that opens a plethora of career opportunities in the financial and banking sectors.Â
ACCA Jobs in India are extremely sought after by young working professionals or even fresh graduates. ACCA Careers has carried over 5,000 jobs based in India so far this financial year.
A brief overview of the ACCA qualification
To be eligible for ACCA jobs in India, students should also have to pass the 12th-grade exam with at least 50% of marks and possess a graduation degree.Â
ACCA Jobs in India require students to pass a maximum of 13 exams, including Applied Knowledge, Business and Technology (BT), and Management Accounting (MA). Â
The ACCA is a Master Level Certification Course that can be completed in a minimum of 9 to 12 months or a maximum of three years, depending upon your studying capacity.Â
ACCA Qualification requires the student to complete an online module to enhance their ethical and professional skills.Â
ACCA jobs in India seek participants who have strategic thinking, high ethical integrity, strong financial understanding, and business accumulation.Â
Entry-level ACCA jobs in India
In this blog, we will be focusing on different entry-level jobs that you can do once you complete ACCA certification.Â
1. Financial Analyst
Financial analysts play a critical role in evaluating financial data, preparing reports, and providing valuable recommendations to support informed decision-making. Entry-level financial analysts can earn a competitive salary, with an annual range typically between INR 4-6 lakhs.
Roles and Responsibilities
- Analyse Financial DataÂ
- Building Financial ModelÂ
- Preparing ReportsÂ
- Providing financial adviceÂ
- Ensuring ComplianceÂ
- Collaborating with cross-functional teamsÂ
2. Audit Assistant
Audit assistants are essential in the auditing process, ensuring the accuracy and compliance of financial records. Their attention to detail and analytical skills help uncover discrepancies and potential risks, contributing to the organisation’s financial integrity. ACCA career in Audit assistance starts from a salary range of approximately INR 3-5 lakhs per annum,
Roles and Responsibilities
- Provide assistance and support in the audit process which includes collecting and analysing the financial data.Â
- Review and analyse the financial reports and data.Â
- Ensuring that all the financial reports and data comply with the organisational standards and policies.Â
- Provide training to the client’s internal team to ensure that they use financial tools efficiently.Â
- Provide excellent client satisfaction through financial services.
3. Tax Accountant
Their expertise in tax laws and regulations ensures clients’ compliance and optimal tax planning, helping them save on taxes and avoid potential penalties. With an annual salary typically falling between INR 3-4.5 lakhs, tax accountants have the potential to earn more as they specialize in complex tax matters and advance in their careers.
Roles and Responsibilities
- Ensuring that the organisation is complying with the updated tax laws and policiesÂ
- Preparing accurate tax reports, tax returns, and paymentsÂ
- Go through detailed research on the upcoming tax trends in the markets and understand their compliance
- Managing and keeping an update on the organisation’s tax database.Â
- Preparing income tax documents and carrying out audits for the organisationÂ
- Assist with the organisation’s financial planningÂ
- Ensure that they maintain confidentialityÂ
4. Accounts Payable/Receivable Clerk
Accounts payable/receivable clerks are responsible for managing invoices, payments, and receipts, and maintaining accurate financial records for the organisation. These kinds of jobs might provide you with a salary structure of INR 2-4 lakhs per annum in an initial time frame.Â
Roles and Responsibilities
- Preparing invoices, sending the invoices to the clients, and processing the paymentsÂ
- Cross-checking invoices and payments and figuring out any discrepanciesÂ
- Managing outstanding accounts and ensuring the patent deadlines are met.Â
- Collecting overdue payments from clientsÂ
- Follow the organisation’s internal guidelines in financial accounting
5. Financial Reporting Analyst
Financial reporting analysts play a crucial role in preparing accurate financial statements and disclosures that comply with accounting standards and regulations. Financial reporting analysts can earn a salary range of INR 4-6 lakhs annually.Â
Roles and Responsibilities
- Gather and create relevant data to prepare reportsÂ
- Provide investment-related advice to the organisation and stakeholdersÂ
- Create market research regularly
- Communicate with the clients and bank representativesÂ
- Â Use financial tools and models to understand and analyze the organisation’s financial conditionÂ
- Evaluating investment opportunities, assessing risk and return profiles
6. Risk Analyst
Risk analysts are instrumental in evaluating and managing financial risks faced by businesses. With their expertise, risk analysts can earn around INR 4-6 lakhs per year, and their role is in demand across various industries.
Roles and Responsibilities
- Identify and analyze the potential organisational risksÂ
- Creating and implementing strategies to reduce organisational risksÂ
- Implement different financial tools and models to understand the market trends and reduce the potential risksÂ
- Communicate with the organisational stakeholders and clients, as well.Â
- Conduct market research to identify potential threatsÂ
7. Compliance Officer
Compliance officers are responsible for ensuring that organisations adhere to relevant laws, regulations, and internal policies. Typically earning within the range of INR 3-5 lakhs per annum, compliance officers play a vital role in maintaining an organisation’s reputation and integrity.
Roles and Responsibilities
- Ensuring compliance with financial policiesÂ
- Performing and submitting KPI reportsÂ
- Analysing compliance with AFIN IAVA, IAVB, TCNO, and MTO
- Statistical sampling and monitoring dataÂ
8. Cost Accountant
Cost accountants analyse production costs and help optimise expenses, providing insights that contribute to better financial decision-making. With an annual salary of approximately INR 3-5 lakhs, cost accountants play a pivotal role in various industries, such as manufacturing and production.
Roles and Responsibilities
- Budgeting: Create a budget for the financial guidance in the organisationÂ
- Collect enough relevant data to perform the organisation’s cost analysisÂ
- Preparing account reconciliations for monthly close
- Prepare monthly COGS ReportsÂ
9. Budget Analyst
Budget analysts review financial plans and budgets, ensuring that resources are allocated efficiently and in line with organisational goals. Earning around INR 3-5 lakhs per year, budget analysts contribute significantly to the financial planning and success of the organisation.
Roles and Responsibilities
- Analyse BudgetsÂ
- Monitor expendituresÂ
- Prepare financial reportsÂ
- Recommendations for improvement on the financial conditionÂ
- Ensure that the budget complies with the financial policies
10. Management Accountant
Management Accountant is responsible for the financial planning analysis, managing risk assets,s and carrying out compliance in the organisation. A management accountant can earn from 4-10 LPA based on work performance and experience.Â
Roles and Responsibilities
- Analyse financial resultsÂ
- Conduct financial auditsÂ
- Research and identify financial trendsÂ
- Create budgeting and forecastingÂ
- Prepare financial budgetsÂ
- Financial AccountingÂ
11. Financial Planner
A financial reporting analyst is a qualified professional who prepares, analyzes, and presents financial statements and reports to aid in decision-making within an organisation. This includes ensuring compliance with accounting standards and providing insights for strategic financial planning. The base pay range is ₹4L–₹8L per year.
Roles and Responsibilities
- AD HOC AnalysisÂ
- Budgeting and forecastingÂ
- Evaluation of financial statementÂ
- Evaluation of investment optionsÂ
- Financial planning and forecastingÂ
12. Internal Auditor
Internal auditors help in running internal financial audits in the organisation. They help ensure that all the finances comply with the organisational policies. An internal auditor can draw a salary from 4–10 LPA.Â
Roles and Responsibilities
- Review and analyze corporate data to ensure legal compliance
- Monitor regulations
- Maintain trust and communication with various departments
- Collaborate with external auditors
- Monitor the implementation of audit recommendations
- Stay updated with industry regulations and best practices
13. Forensic Accountant
Forensic accountant runs detailed analyses of the organisation’s finances to detect any fraud, embezzlement, or any other financial crimes. A forensic auditor in India is ₹35.7 lakhs, with a range of ₹19.7 lakhs to ₹229.0 lakhs.
Roles and Responsibilities
- Analyse Financial records for any discrepanciesÂ
- Prepare financial reportsÂ
- Provide testimony when necessaryÂ
- Carry out forensic researchÂ
- Asses financial risksÂ
- Support legal mattersÂ
14. Corporate Finance and Investment Banking
Investment banking analysts are therefore tasked with looking through industry research reports to supplement their seniors’ thoughts about an industry with factual data. In India, the average salary for a corporate finance employee is ₹26.4 lakhs per year, with a range of ₹18.4 lakhs to ₹49.2 lakhs.
Roles and Responsibilities
- Gather data and information
- Organize information.Â
- Analyze financial results.Â
- Make forecasts and projections.Â
- Develop recommendations.Â
- Build Excel models.Â
- Make presentations.Â
- Generate reports.
15. Treasury Management
Treasury management helps in meeting the financial objectives of the organisation. A person who deals with treasury management helps in analyzing the finances of the organisation and ensuring that the budget of the organisation is meeting the organisational objectives. Employees as Treasury Manager earn an average of ₹20.3lakhs, mostly ranging from ₹16.0lakhs per year to ₹50.0lakhs per year
Roles and Responsibilities
- Management of Cash FlowÂ
- Risk managementÂ
- Centralizing financial dataÂ
- Developing financial strategyÂ
16. Business Consulting
As a business consultant, you have to analyse the financial data and make reports as per the organisational policies and compliance. Business consultants will have to consult with the upcoming trends and understand the financial requirements. The base pay range is ₹7L – ₹18L/yr.
Roles and Responsibilities
- Gather data and information
- Organize information.Â
- Analyse financial results.Â
- Make forecasts and projections.Â
- Develop recommendations.Â
- Build Excel models.Â
- Make presentations.Â
- Generate reports.
17. Chief Financial Officer (CFO)
The chief financial officer is the financial head of any organisation. Every financier has to report to the CFO. The entire spectrum of finance is being handled by a CFO. A CFO can draw a salary of ₹12.0 Lakhs to ₹101.0 Lakhs per year.
Roles and Responsibilities
- Create the organisation’s financial planningÂ
- Constantly monitor the risks and threatsÂ
- Research and analyse the investment opportunities for the organisationÂ
- Make sure that there is appropriate cashflow in the organisation
Curious About Entry-level ACCA jobs?
ACCA’s Annual Package for Various Job Roles
Completion of the ACCA certification would help land you several prestigious jobs in the financial sector. However, the salaries for each of these jobs might vary based on your experience and job role.Â
- Entry Level: The salary for ACCA Jobs for freshers varies from 4LPA To 7LPAÂ
- Mid-Level: Mid-level ACCA Jobs in India will draw salary salary from 8LPA To 15LPA.Â
- Senior Level: As a CFO of an organisation, you can be able to draw a salary ranging from 8lpa to 13lpa
ACCA Jobs in India: Factors Contributing to their Growth
Indian businesses are becoming more global
With more globalisation and multinational companies entering India, the scope of ACCA Jobs in India has multiplied. The global markets are expanding at a huge speed. Most multinational companies are seeking out professionals whose skill sets are being recognised on a global platform. With the physical borders being broken between different countries, the need for globally-trained professionals increased hugely. International banking and finance sectors need competent personnel, which is leading to the growth of ACCA jobs.
IFRS adoption
The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable, and globally accepted accounting and sustainability disclosure standards. Several multinational companies are following IRFS reporting standards in finance which is leading them to hire ACCA-Qualified personnel.Â
The presence of multinational corporations (MNCs)
After the advent of globalisation, the footsteps of multinational companies have increased in India. Companies like Morgan Stanley, JP Morgan, HSBC, etc, need ACCA-qualified personnel.Â
Demand from a variety of industries
Apart from the financial industry and banking sectors, different other industries are also demanding candidates who are ACCA qualified. ACCA-qualified professionals bring new ideas, creativity, and fresh perspectives to the industry. ACCA-qualified professionals maintain ethical consideration and create business strategies, that will render help to any company irrespective of the type of industry. ACCA Qualification bears the hallmark of quality and skill set in every industry.Â
Mobility and global recognition in the workplace
ACCA is a globally recognised certification course. Acquiring an ACCA certification would help in acquiring a stable position in the financial career. Every aspiring working professional or even a graduate is extremely willing to pursue ACCA.Â
Regulatory reforms and government reforms
The accounting reforms brought upon by the Indian government have put stricter control on the budgeting system and accounting. Thus, a more knowledgeable person with an ACCA degree is expected to take the financial controls in the organisation.Â
India’s Top Companies Hiring ACCA Professionals
The top companies such as Big Four like Deloitte, PWC, EY, and KPMGÂ are earnestly looking for ACCA-qualified trainers for their finance management. Qualified ACCA personnel can easily secure their jobs in these big companies with work experience and skill set.Â
ACCA Jobs in India: Skills Required
With the growing advent of multinational companies in India and other side-lining factors, the requirement for ACCA-qualified employees has increased majorly. ACCA jobs in India have witnessed a paradigm shift requirement in recent years. The skills that are required to land ACCA jobs in India include the following:Â
- Technical skillsÂ
- Ethical considerationÂ
- Judgement and decision-makingÂ
- Critical thinkingÂ
- Understanding of financial conceptsÂ
India’s ACCA Salary Trends
The salary trends for ACCA-qualified personnel vary based on their work experience and the levels of the jobs.
Entry-levelÂ
Management Accountant: INR 6–10 lakhs per year
Risk Analyst: INR 6–10 lakhs per year
Audit Associate: INR 4–7 lakhs per year
Junior Financial Analyst: INR 4–7 lakhs per year
Tax Consultant: INR 4–7 lakhs per year
Mid-levelÂ
Finance Manager: INR 14–28 lakhs per year
Senior Financial Analyst: INR 8–15 lakhs per year
Audit Manager: INR 8–15 lakhs per year
Financial Controller: INR 8–15 lakhs per year
Tax Consultant: INR 8–15 lakhs per year
Senior-levelÂ
Director of Finance: INR 40–80+ lakhs per year
Chief Risk Officer: INR 30–60+ lakhs per year
Chief Financial Officer (CFO): INR 18–30 lakhs per year
Head of Finance: INR 18–30 lakhs per year
Senior Audit Manager: INR 18–30 lakhs per year
So, it can be said that the basic ACCA jobs in India can start from 6LPA and end up at 30LPA.Â
ACCA Salary Trends in India: A Comparative Analysis
ACCA jobs in India can provide salaries ranging from 6lpa to 30lpa. With the growing globalisation and stricter financial policies, the demand for ACCA-approved trainers and personnel’s is extremely in demand. Therefore, if we are going to create a run-down on the salary structure of ACCA jobs, it could be seen that several factors are leading the salary differences in the ACCA jobs.Â
- Experience: The most important factor that determines your salary is your experience. If you have more work experience, you must earn more salary.Â
- Location: You will draw more salaries depending upon the economic stability of the city. For example, you will draw more salary as ACCA-qualified personnel in Mumbai and Bangalore than in other cities.Â
- On-field experience: Your salaries will be on the positive axis if you have already hands-on experience in financial planning and business strategies.Â
- Additional Qualification: If you possess additional qualifications such MBA or CFA, you will be on the upper hand in the salary structure.
If you are interested in learning more about this, you can contact Zell Education and speak with a student counsellor who can advise you and let you make an informed decision.
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Conclusion
In conclusion, it could be clearly stated that ACCA has quite a potential job extent in India. Several factors like globalisation, extreme competitiveness, and footprints of multinational companies have led to an increase in ACCA jobs. Once you qualify with an ACCA certification, the pool of career opportunities opens up for you. With effective guidance and academic support, you can complete ACCA certification and enjoy the career boost you deserve!
FAQs on ACCA Entry-Level Jobs in India and Their Pay
Does India recognise ACCA?
Yes. Employers and the students of India recognise ACCA and its value. ACCA is mostly sought after by the multinational companies of India.Â
Are ACCA professionals able to work abroad?
Yes. ACCA is a globally recognised certification. You can work anywhere in the world with an ACCAÂ certification.Â
How much does an ACCA start in India?
The salaries for ACCA-qualified professionals vary on different factors like work experience and location. However, the salary range for ACCA can range from 6lpa to 30 lpa.Â
In India, which companies hire ACCA professionals?
All the top MNCs and banking sectors hire ACCA professionals in India including, JP Morgan, Morgan Stanley, HSBC, etc.Â
Is it possible for ACCA professionals to work in industries other than finance?
Yes, ACCA professionals can work in any industry other than finance. The ACCAÂ professionals apply to work in any other sectors including commercial, public, non-profit, and cultural industries.Â