Did You Know About These Highest Paying Accountant Jobs?

1. Did You Know About These Highest Paying Accountant Jobs? Accounting is well recognized as one of the oldest yet highest paid jobs in business. The job of accountant was originated years ago when the people need to keep the records of crops and livestock. However, with time this profession gets adapted to contemporary times and today accountants generally work for an organization to produce financial records, expenditure & profits and prepare tax records. They can be said backbone of several businesses. Let us get to know what some highest paid jobs in this sector are. Managerial accountant Managerial accountant make financial information for the internal users of a company, for example, management or executives. Depending on the requirements of the clients, they prepare and submit reports on a weekly, quarterly or yearly basis. The reports are generally kept confidential and used for decision making. Their average salary varies from $45,000 to $65,000 per annum. CPA or large firm As an accountant, several prefer to work with an accounting firm rather than working individually. By working in a large firm, it becomes easier to garner the attention of the clients. An accountant with his/her own firm become free to run a business, take individual decisions and so on. Plus, accountants earn more at large firms, for example, any Teaneck CPA in NJ earns on an average $70,042 a year.

2. Tax accountant The job of a tax accountant is to prepare and file income tax information for personal, or corporate and government clients. A tax accountant regularly needs to keep track of consistently changing tax regulations. Besides, they determine tax consequences of future business plans of a company. They usually work with the financial teams to build strategies for the benefits of the client. The salary of a tax accountant varies from place to place, for example, the average salary of a Teaneck tax accountant is $59,615, and on the other hand, the same becomes $65,056 for New York City.

3. Cost accountant Cost accountant determines the cost of producing services through fixed and variable expenses required for the production. This cost includes equipment, marketing, and human resource, etc. The information collected by a CA is helpful for product pricing and budgeting. They often collaborate with the finance team. The average salary of a cost accountant is around $60,340 per annum. Apart from these areas of expertise, there are more than a dozen of accountant jobs that offer good salary.