Opportunities For Qualified Professionals In Accounting Services

Opportunities For Qualified Professionals In Accounting ServicesAccounting services is a broad term which includes a wide gamut of services like audit, management consulting, financial management, and taxation. Every year thousands of accounting graduates enter the job market in search of suitable opportunities. Though there is no dearth of good jobs in the accounting sector, there is stiff competition among qualified candidates seeking opportunities to work in reputed accounting organizations.

Accountancy Jobs For Professionals

  • Chartered Accountant
    A chartered accountant’s responsibility includes managing the financial systems and budget. He also carries out financial audits and offers financial advice. It is his duty to ensure that the accounting records are prepared and maintained properly. A CA also offers advice regarding tax planning & devises ways to reduce tax liability. This is just a broad overview of what a chartered accountant does.
  • Company Secretary
    The responsibility of the company secretary involves ensuring that the company complies with the standards of corporate governance. It is his duty to ensure that all the financial and legal liabilities of the company are fulfilled. His job basically includes offering legal advice. Typically, a CS would be in charge of preparing and maintaining the statutory books, dealing with the correspondence of stakeholders, organizing board meeting and AGMs, etc. He also offers advice regarding the legal implications of the policies that are being proposed.
  • Management Consultants
    Management consultants are accounting professionals who are in-charge of maximizing growth and creating value for the company. Their main area of focus is managing and ensuring the smooth operation of the business functions. They identify issues that are hampering the growth of the business and offer their recommendations.
  • Investment Analyst
    An investment analyst works in tandem with the fund manager & offers advice regarding investment portfolios. He keeps himself abreast of the latest development in the investment market and the new products & other relevant aspects. They also aid in financial modeling and help in analyzing relevant financial information.

These are some accountancy job profiles that are quite popular with accountancy professionals; other profiles include Tax adviser, Tax inspector, Corporate treasurer, Financial manager & so on.

Bangalore – A Promising Destination For Job Seekers

Credited with many sobriquets like – the ‘Garden City’ and the ‘Silicon valley of India’, Bangalore has emerged as a hot destination for job seekers in the past decade. One of the fastest growing metropolitans in the country, Bangalore attracts 1000s of job seekers from all the country who come in search of excellent job opportunities. Since the IT revolution, the city has become one of the best technology hubs in the world today.

Bangalore & IT Industry
In the past two decades, there has been a complete transformation in the identity of the city. Once known as a pensioner’s paradise, today Bangalore has established a separate identity as an IT hub. It is has the largest number of IT companies in the country. Not only are many of these IT companies an established name in the industry, but many of them are acknowledged world leaders in the IT segment. Industry leaders like Wipro and Infosys have their headquarters in the city. This is one of the major reasons that the state witnesses the highest influx of IT professionals every year. Fuelling the fast-paced IT growth in the city is the presence of Software Technology Parks of India (STPI); International Tech Park, Bangalore (ITPB); and Electronics City.

Growth Of Other Non-IT Sectors in Bangalore
Apart from IT sector, Bangalore is also a hub of biotechnology firms in India. As per a survey done in 2005, it was established that out of the 265 biotechnology firms in India, 47% were based in Bangalore. One of the reputed biotechnology companies Biocon also has its headquarters.

Apart from IT, other reputed companies like s ABB, Airbus, Bosch, Boeing,  GM, Google, Microsoft, Mercedes-Benz, Nokia, Oracle, Philips, Shell and Toyota. GE, Astra Zeneca, Monsanto, Intel, and Lucent have their research facilities in the city. UB City, the headquarters of the United Breweries Group, is another high-end destination here.

As far as PSUs are concerned, Bangalore city serves as the headquarters to Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), National Aerospace Laboratories (NAL) and Bharat Heavy Electricals Limited (BHEL). Others like Bharat Earth Movers Limited (BEML), Central Manufacturing Technology Institute (CMTI) and HMT (formerly Hindustan Machine Tools) are also based in Bangalore.

With so many reputed companies based in Bangalore, the city is indeed a paradise for job seekers looking for employment opportunities in various sectors.

Explore Immense Job Opportunities in Chandigarh

Even though the city of Chandigarh is neither an IT hub nor an industrialized centre, its capacity to employ people isn’t worse at all. Known for winning titles like ‘cleanest city’ and ‘city with highest per capita income’, Chandigarh has become a city that is open to all types of job seekers. The city flaunts of its professionals who come from different industries. Most of the professionals are employed by the governments, the trio that is working here. The industries prevalent here range from small-scale to medium and large-scale. Industries such as auto parts, sanitaryware, food products, electrical appliances and pharmaceuticals attract a number of job seekers from nook and cranny of the nation.

According to a survey in 2013, Chandigarh saw a rise of 19 percent in the number of jobs generated. Some of the sectors that generated jobs last year were banking, academics, construction, human resources, financial services, event management and real estate. Besides providing ample job opportunities, Chandigarh also favors excellent lifestyle. So, in case if you get a good job offer from this city, then you should definitely try it.

Chandigarh was listed among the 50 emerging IT hubs during a global survey in 2007. Real estate has been one of the growing sectors in the city, and so is the job opportunity related to it. A plethora of globally reputed schools and universities in Chandigarh have also helped in enhancing the number of job seekers. Chandigarh IT Park is a humble attempt of the city to create excellence in the world of information technology. The infrastructure of the city, its proximity to the states of Haryana, Delhi, Himachal Pradesh and Punjab- all factors attract a number of young IT professionals. Top multinational companies like IBM, Dell, Infosys, and TechMahindra have set up their bases in the city.

Chandigarh was ranked by the Reserve Bank of India as the largest credit and deposit centre. As said earlier, most of the people in Chandigarh are government employees, and for this reason it is known as the ‘Pensioner’s Paradise’.

All the aforesaid details give a clear idea about the possibility of jobs in different industries of Chandigarh. It also enlightens on the benefits of taking up a job in this city.

The Bpo Jobs Market In India

Bpo Jobs Market In India Since globalization in early 90’s, India has become a hub for business outsourcing. Initially, this domain remained subdued; however due to the unprecedented growth in technology, today BPO has become the fastest growing industry in India. Due to its employment generation ability, a big amount of unemployment has been engulfed by this sole industry. From fresher to experienced professionals, employees can apply for a variety of different job roles, including human resource, finance, researcher, tele-caller etc.

Indian BPOs – An Overview
As the world’s largest BPO destination accounting for 34 percent of overall global sourcing, India is ready to consolidate its position as a market leader in outsourcing service. Indian BPO’s have made an exponential growth in the field of medical and healthcare as medical transcripts. In addition to this, they play an exponential role in Banking/ Finance and Sales/Marketing as well.

Today, the new generations of BPO employees have good communication skills with professional and cultural ethics, deep industry knowledge and zeal to learn and invest more towards building a career in this industry.

Reason For Growth Of BPO Jobs In India
English is a prerequisite for BPO Jobs and the urban youth today fulfills this criterion extremely well. In all the cities in India, there is no dearth of students or fresh graduates who can speak this language extremely well. This is probably the main reason behind the flourishing sector.

BPO Jobs do not require a person to possess any specialized skill or degree and even a simple graduate can apply for this job. The only criterion that qualifies one for this job is the ability to speak English clearly and fluently. In addition to this, flexible government policies towards setting up these centers have paved way for proliferation of such services.

Qualification For BPO Jobs
As mentioned before, there is no technical skill required for BPO jobs. All you need is a good communication skill. The essential on-the-job training is generally provided by the company itself.

When it comes to recruitment, a lot of BPO companies look for candidates that have just completed their graduation. However, there are others that hire candidates who have completed 10+2 or equivalent.

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