Are you interested in pursuing a career in accounting? Accounting jobs are projected to grow 10 percent by 2026. University of Illinois’ online Master of Science in Accounting (iMSA) is your entry into a world of high paying accounting jobs. The iMSA is ranked in the top three accounting programs in the US and is taught by some of the best faculty in the world.
Through the iMSA, you’ll get hands-on practical experience, learn cutting-edge analytics, and be qualified to pursue a number of jobs in the field. Here’s a list of seven high paying accounting jobs that could be yours after earning your Master’s in Accounting:
An auditor is someone who inspects a company’s financial records and checks for accuracy and reliability. The role of an auditor can vary depending on the company or the type of auditor – internal, external, government, and forensic. Responsibilities of an auditor can include: ensuring taxes are properly filed, organizing and examining financial statements to comply with laws, and making best-practice recommendations to management.
Average Salary: $58,083*
2. Information and Technology Accountant
Careers in technology and accounting are increasing! As an information and technology accountant, you are responsible for which system your company uses to organize and report financial data. This role requires knowledge in both accounting and information technology and is perfect for someone who is a natural problem solver and interested in identifying technology solutions.
Average Salary: $76,146*
3. Financial Analyst
A financial analyst is someone who assesses the financial health of a business and helps guide investment decisions. Specific financial analyst duties can vary depending on the company, and as a result, this role is much more flexible when compared to many other accounting jobs. This role is right for you if you’re interested in data gathering, financial modeling, spreadsheet maintenance, developing investment theses, communicating with investors and management, and forecasting.
Average Salary: $77,280*
4. Forensic Accountant
Forensic Accounting is one of the fastest growing jobs in law enforcement. It is the practice of investigating fraud and using accounting skills like auditing to provide an expert opinion on legal matters in a court of law. Forensic Accountants must be extremely detail oriented as their reports will be scrutinized in court by judges, attorneys, and juries.
Average Salary: $80,066*
5. Managerial Accountant
A managerial accountant is in charge of planning and preparing financial reports for internal employees. Their main goal is to help high-level executives make informed and financially responsible decisions. Some tasks include adapting operation and cost-based planning, forecasting, overseeing the product process, incremental costing, and enterprise optimization. The iMSA’s curriculum will prepare you for this role by allowing you to role-play as a manager and analyze costs and profits with information management tools.
Average Salary: $83,240*
6. Corporate Controller
A corporate controller supervises an accounting department at a company and oversees high-level financial strategies. The main duties of a controller are maintaining financial statements, payroll, preparing budgets, general ledger, tax compliance, and more. Gaining experience in business forecasting and tax management is critical if you want to become a corporate controller.
Average Salary: $130,226*
7. Chief Financial Officer (CFO)
While the responsibilities of a CFO vary depending on the company, there are a few key areas in which all CFO’s should excel: financial management, performance, business strategy, and risk management. CFO’s are good cross-functional leaders and help a company make informed financial and business decisions. They implement revenue strategies, access financial risks and opportunities, and so much more. Many top earning CFOs have multiple credentials, so it’s important to consider getting your CPA, MSA or iMBA, if your career goal is to become a CFO.
Average Salary: $321,645*
* Based on the average US salary