Chartered Accountants or CAs play one of the most integral roles in any and every private or public sector organization. From giving sound financial advice, auditing accounts to providing expert information on financial records, they are very crucial professionals required to run a business in an effective. From their experience and expertise, CAs also work towards financial reporting, auditing, taxation, corporate finance, forensic accounting, business recovery, and insolvency. While it is largely assumed that a Chartered Accountant heads for private companies, they are equally equipped and in demand to pick up a competitive government job as well.
Let’s imagine you have completed your CA qualification in India (first pat your back on the achievement). You are looking for a rewarding job that values your hard work and accomplishment. You also seek stability and a consistent line of earnings. Turn your eyes towards the Indian banking sector that requires qualified CAs for posts such as Credit Manager, Forex Manager, Auditor, and so on. After finishing your CA course and internship, you can directly be recruited by government banks. This can be done after qualifying CA, without appearing for any entrance exams, through campus placement.
Some more such opportunities that can be grabbed with reputed government bodies are as follows:
NRHM (National Rural Health Mission) – Play a part in making the national healthier from the grassroots.
GAIL (India) Limited – Join the largest state-owned natural gas processing and distribution company.
Metro Rail Corporation LTD – As top Indian cities such as Mumbai, Delhi, Bangalore strive to make transport easier for their citizens, you can join this buzzing sector.
UPSC (Union Public Service Commission) – Become a crucial cog in the wheel for India’s premier central recruiting agency.
LIC (Life Insurance Corporation of India) – Life Insurance Corporation of India is an Indian state-owned insurance group and investment corporation owned by the Government of India. It has been synonymous with ensuring lives for decades together – and you too can help take it further.
There are many more sectors with good job opportunities for CAs. This includes the petroleum sector, agricultural sector, life insurance, chemical sector, mass media or communications, and the like. These offer good salary packages and perks as well.
Apart from direct jobs, there are several examinations such as SSC (Staff Selection Commission) in which a CA is eligible for various posts. Passing such examinations opens hoards of viable opportunities for CA candidates. The government of India introduced a new Insolvency and Bankruptcy Code 2016, where CAs can take up matters relating to the insolvency of individuals, partnerships, and liquidation of companies. They can advise and monitor clients in matters related to insolvency, bankruptcy, and liquidation. This has created new opportunities for chartered accountancy aspirants.
Suffice it to say that CAs are valued professionals in any business because financial transactions and good financial practices are inevitable in a healthy firm. Add to it the stability and reputation factor of a government job, and it is a win-win situation for CAs.