Money managers

Anjita Pradhan

Kathmandu:

Accounting is not what is ordinarily considered a glamorous job. It does not involve meetings, travel or an adrenaline charged work environment. However, it is a paying, secure, responsible, reputable (as dealing with matters financial demands obvious honesty from the worker) and peaceful job. If you have a good head for figures and are looking for a hassle-free indoor work life, this is the job for you.

Job description:

The job involves analysing financial information and preparation of financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organisation.

Accountants track companies’ expenses, as well as prepare, analyse and verify financial documents. They look for ways to run businesses more efficiently, keep public records and make sure taxes are paid properly.

Public accountants perform audits and prepare taxes for corporations, government agencies, nonprofits and individuals.

Management accountants are members of the executive team who record and analyze information about budgets, costs and assets. Their work may support strategic planning or product development. They may also write financial reports for stockholders, creditors or government agencies.

Government accountants and auditors maintain and examine government records, or they audit private businesses or individuals on the government’s behalf.

Internal auditors are fiscal police officers. They verify the accuracy of an organization’s financial records and look for waste, mismanagement and fraud.

Experience: A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Education: Most of these occupations require a master or bachelor degree in the discipline. “In my opinion a candidate looking for a career in accountacy must have an MBA degree. I think this will not only help to get job in a reputed company but will also prove handy for his career in the long run,” said Anurodh Shrestha, assistant accountant at the Kumari Bank.

Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

National average salary Accountants get quite a lump sum even at the beginning of their career. “The salary starts from a minimum of Rs 10,000 to 25,000,” said Shrestha.