Accounting Degrees: Opening Doors To Entry-level Positions

Accounting degrees are designed to prepare students for careers in the accounting profession

. Earning a degree is a great launching pad to one of the several positions in the fields of cost, managerial or financial accounting. Although the course contents may differ slightly from one school to another, accounting is based on the same key principles.

By pursuing accounting degrees, students also benefit from honing skills like critical thinking and problem solving. To excel in accounting, you need to be good with numbers and be very detail-oriented.

Accounting degrees can open the door to interesting and lucrative careers. And, the field continues to expand with new opportunities. The Bureau of Labor Statistics forecasts high job growth for accounting positions and states Strong growth of accountants and auditor jobs over the 2006-16 decade is expected to result from stricter accounting and auditing regulations, along with an expanding economy. The best job prospects will be for accountants and auditors who have a college degree or any certification."

With an accounting education, you can find positions in private companies, accounting firms, government and other organizations. Accounting degrees can open several doors for new graduates. Typical entry-level jobs include accounts payable clerk, accounts receivable clerk, payroll clerk, junior accountant, office manager, bookkeeper and other comparable positions.

Accounts Receivable and Accounts Payable Clerks. These positions would be a good fit for associate accounting degrees and certifications. If you hold a job in either accounts payable or accounts receivable, youll be managing hundreds, or even thousands, of transactions each month.

Typical duties involve entering transactions into the organizations accounting applications. In addition, employees produce and monitor accounts receivable and/or accounts payable reports.Both clerk positions are the stepping stone for supervisory or management opportunities.

Payroll Clerks. These positions are also well suited to individuals completing associate accounting degrees and certifications. Payroll clerks perform duties such as entering payroll data, handling wage fluctuations and tracking commissions, wages and salaries for an organizations employees. They are also involved in payroll tax compliance.

Junior Accountant. A valued addition to the accounting staff, a junior accountant performs entry-level accounting tasks. These tasks include managing bank reconciliations, assisting accounts payable and accounts receivable, assisting payroll, posting to ledgers, assisting with fixed assets and performing other general accounting duties. Junior accountants can advance to staff or senior positions.

Office Managers and Bookkeepers. Organizations throughout the U.S., especially small businesses, hire office managers and bookkeepers. In fact, small businesses typically hire office managers who are also educated and trained in accounting. Many candidates for these positions have accounting degrees or certifications.

Often in smaller companies one employee will hold both positions. Bookkeepers perform a variety of accounting functions. In general, theyll report to an outside Certified Public Accountant the company has hired to prepare its financial statements.

The positions listed above are some of the more common entry-level opportunities students can expect after completing accounting degrees. These positions may have significant growth potential in larger organizations and can provide a solid foundation for career advancement. An accounting education will very likely provide a good return on investment and strong job prospects for the foreseeable future.

by: Jamie Lawry

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