Gone are the days when accounting was confined to a local office and a local client list. Today, finance is borderless, allowing Indian accounting aspirants to work with global companies. Building a career in accounting and aiming to work with international companies no longer requires you to move abroad. With the rise of the remote work culture, plenty of opportunities exist across the globe for any Indian student aspiring to pursue a career in accounting without leaving India. Let’s dive into how the right skills, certifications and experience can help you build a global accounting career.
1. Acquire Relevant International Certification
First and foremost step to building a career in accounting is to acquire relevant certifications that are recognised by international companies and industries. Some of the most demanding and highly preferred courses, such as CPA, CMA and ACCA, are globally accepted and can help students build a successful career in accounting.
CPA stands for Certified Public Accountant, which is awarded by the US State Board of Accountancy. It is highly recognised in the US, Canada, the Middle East and parts of Asia and Europe. Any candidate looking to acquire a position in taxation, auditing and finance management can enrol in this course. Speaking of CPA US, an Indian applicant must hold any of the following degrees – MBA Finance, M.Com, Member of the Institute of Chartered or Cost Accountants of India, etc., besides graduation or diploma.
CMA stands for Certified Management Accountant, which is accredited by the IMA and is also recognised in the USA, the Middle East, Asia, Europe, Canada and China. This course offers certification in analytics, management accounting and financial decision-making.
ACCA stands for Association of Chartered Certified Accountants – a globally recognised certification, accepted in over 180 countries. Candidates looking for roles in financial reporting, audit and international taxation can opt for this course.
These certifications are trusted by international employers as they match international standards. Some best accounting institutes like Munimji can help you acquire these certifications to show your readiness in the global market.
2. Build Technical Skills that Attract International Employers
Besides relevant certifications, building skills requires having in-depth knowledge of accounting, acquiring digital proficiency and engaging in continuous learning. Hence, learn and understand working with globally used ERP systems, such as Oracle and SAP, as well as cloud-based accounting tools, like Xero and QuickBooks.
Having a strong understanding of IFRS (International Financial Reporting Standards) is also equally important as this is used by many multinational companies for consistent financial reporting. IFRS are accounting rules created by the International Accounting Standards Board to make financial statements more transparent, clear and comparable across countries. Participating in online courses and practical training can also help you build skills to successfully stand out on a global platform.
3. Take an Internship in Global Companies for Real-time Experience
Many international companies offer internships to students and freshers looking to build a career in international accounting. Joining such multinational companies can expose you to diverse work practises, culture and clients that can be a good starting point. You can get hands-on experience working on international accounting projects and learn how to thrive in the professional setting.
Participating in freelance or collaborative projects can also give you an opportunity to gain experience while working with other team members and build professional network. Working remotely is the most efficient way to gain relevant experience and build a strong career profile for the international market.
4. Build Soft Skills to Sustain in Accountancy
Accounting is more than just preparing a tax return, filling a journal or auditing numbers. It is also imEffective communication skills allow you to explain financial terminology to clients, shareholders and colleagues without complex jargon, so they can make critical financial decisions. This can also help you build a solid reputation and make clients and colleagues trust your ideas and advice.
As we all know, accounting is a deadportant for the individual to have traits and abilities that support how they work and communicate with others. Strong communication, time management and collaboration skills can truly make you stand out.
line-driven profession, it is important to have the ability to manage time effectively. Time management skills enable you to handle various tasks and deliver results before the deadline.
Modern accountants rarely work in isolation. They collaborate with different teams and departments in order to communicate financial positions clearly, resolve any conflicts and strengthen relationships. In a different time zone setting, collaboration makes the entire coordination smooth and efficient.
5. Stay Updated with the Latest Accounting Trends
Accounting trends and practises keep evolving, and the accountants who keep themselves updated with the latest trends can remain valuable to employers. Employers always look out for individuals who are well-aware of the newest tools and technologies. Staying updated on the current trends demonstrates your seriousness towards your profession.
Being well-aware of new accounting tools and software enables you to streamline routine tasks and make informed decisions. This helps you perform tasks more efficiently and quickly adapt to industry changes. It simply opens doors to more professional opportunities.
Why Build a Career in Global Accounting?
A career in global accounting comes with generous salaries and plenty of opportunities to progress rapidly. Any company willing to make its business profitable is always looking for professionals who are well-versed in accounting. The demand for globally trained professionals is rising due to remote work trends and cross-border business. By undertaking global accounting courses, you can prepare yourself for the international standards and welcome better work opportunities.
Final Thoughts
Creating and pursuing an accounting career on a global level is not an easy task. Every decision you make, from choosing the right accounting course to choosing the right institute to undertake the course, can define your future. With Munimji Accounting Institute in Ahmedabad, Indian students can acquire relevant certifications, build strong technical skills and get exposure to the global market without leaving India. Join us today and start building a global accounting career right from your home.