The government jobs for Chartered Accountants are plenty which are in the top firms like International Crop Research Institute for the Semi-Arid Tropics, Bharat Electronics Limited, Unique Authority Identification of India, and Water and Power Consultancy Services Limited among others.
Top government jobs for Chartered Accountants are Financial Analysts, Financial Reporting Manager, Credit Management Head, Auditors amongst many others. These jobs can be found in Bharat Electronics Limited, International Crop Research Institute for the Semi-Arid Tropics, Unique Authority Identification of India, Water and Power Consultancy Services Limited, and many more government organisations.
Chartered Accountancy is a much prestigious and sought after degree. The job scope of a Chartered Accountant (CA) is also huge owing to its large demand in private as well as government organisations. Starting from the agricultural research sector, the water and power sector, housing estates, to banks and other sectors - the need for a CA is everywhere.
Also Read: Central Government Exams 2024
Also Read: State Government Exams 2024
Top Government Jobs for Chartered Accountants
The role of a Chartered Accountant is as crucial in the government sector as it is in the private sector. All the top organisations have the requirement for CA professionals for audits.
The big government agencies and companies recruit the CAs for different kinds of roles for performing various accounts and finance related functions such as the audits for a company, financial checks, finalisation of accounts and more functions.
Depending on the kind of role that a CA is given, the responsibilities differ. Some of the most popular roles for which a Chartered Accountant is recruited by the government organisations have been shared in the table below along with the salaries they receive.
1. Financial Analyst
The task of a Financial Analyst consists in the evaluation of the risks and market conditions prior to taking a crucial decision relation to the finances of the organisation. The financial statements are checked and analyzed by the Financial Analyst, while assessing the opportunities for investment. The role of a Financial Analyst consists in creating a sample or a model and make the investors and businesses aware of the risks involved and therefore make informed choice.
Average Salary: INR 5 LPA - INR 11.5 LPA
Also Read: Gas Authority of India Limited (GAIL) Recruitment
2. Tax Accountant
The area of specialisation for a tax accountant is the matters related to tax. This includes making tax returns by minimizing the liabilities in terms of the finances of the company. The Tax Accountant offers guidelines to the organisation on matters of tax. During the audit of an organisation, the tax consultant can also represent the client.
Average Salary: INR 2 LPA - INR 6 LPA
3. Branch Manager
In the role of a Branch Manager, a Chartered Accountant would primarily look after the financial matters and dealings of the organisation with clients. Their task includes the creating and management of budget that is financially conducive to the organisation. His/her role would also consisting in offering guidelines and strategies to realize the budgetary goals of the organisation.
Average Salary: INR 5 LPA - INR 7 LPA
4. Financial Reporting Manager
The task of a Financial Reporting Manager consists in creating and presenting the financial reports of a company or an organisation. The Financial Reporting Manager will ensure that the reports and budgets and the state of finance in a company is in compliance with the laws and regulations of the authorities. The primary role involves taking care of and improving the financial health of the organisation,
Average Salary: INR 9 LPA - INR 34 LPA
Also Read: Life Insurance of Corporation of India Limited (LICI) Recruitment
5. Credit Management Head
A credit management head will look after the credits while abiding by the credit policies that must be followed. The work of a CMH consists in minimizing the losses. a CMH develops and implements the credit policies, assesses the credit risk, approval of the credit applications, monitoring of the credit limit and many more.
Average Salary: INR 7.5 LPA - INR 18.5 LPA
6. Auditors
The task of an Auditor consists in creating audits for the company. An auditors will independently look after the financial reports. The auditors will independently deal with the finances and budget of a company. The task alsko consists in analysing the possible risks associated with the finances and budget of the organisation.
Average Salary: INR 3.5 LPA - INR 7.2 LPA
7. Zonal Head
The Zonal Head is at the supreme position in the organisation. When a Chartered Accountant is hired for the position of Zonal Head, he looks after the finances and budget of the company. The core work of a zonal head consists in strategic planning, research, sales revenue generation and many more.
Average Salary: INR 21 LPA - INR 23.5 LPA
Also Read: Union Public Service Commission (UPSC) Recruitment
8. Chief Manager (Accounts and Finance)
The Chief Manager works for the management of financial issues and budgets of a company. The Chief Manager will look after the budget of the company. The Chief Manager will develop plans and strategies not just for the financial growth but also for the growth of the company.
Average Salary: INR 10 LPA - INR 14 LPA
9. Treasure Manager
Treasure Manager, as the name suggests, will take care of the treasures of the company. It is the duty of a chief treasurer to fix a budget related issue. The Chief Treasurer will make informed choices when a task requires sufficient speculation before finalising the budget of a company.
Average Salary: INR 14 LPA - INR 18 LPA
10. Adjunct Administrative Officer
The Adjunct Administrative Officer or AAO provides valuable advice regarding the financial status and administration of a company. The role of an AAO mostly consists of looking after the frontline services, procurement, finance, estate management and logistics.
Average Salary: INR 6 LPA - INR 8 LPA
Also Read: Lucknow Metro Rail Corporation (LMRC) Recruitment
Top Government Organisations Recruiting Chartered Accountants
There are few of the top government run or government aided companies and agencies recruiting Chartered Accountants. Such companies have been listed below:
- Gas Authority of India Limited (GAIL)
- Life Insurance of Corporation of India Limited (LICI)
- Rural Regional Banks (RRBs)
- Union Public Service Commission (UPSC)
- Public Sector Banks
- Metro Rail Corporation Limited (MRCL)
- National Rural Health Mission (NRHM)
Also Read: Courses and Career Options After CA
