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Job outlook for consultants-senior accountant in the United States
Consultant-senior accountant job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected consultant-senior accountant job growth rate is 6% from 2018-2028.
About 81,800 new jobs for consultants-senior accountant are projected over the next decade.
Consultant-senior accountant salaries have increased 8% for consultants-senior accountant in the last 5 years.
There are over 156,562 consultants-senior accountant currently employed in the United States.
There are 59,076 active consultant-senior accountant job openings in the US.
The average consultant-senior accountant salary is $80,503.
Are consultant-senior accountant jobs in demand?
Consultant-senior accountant job and salary trends over time
Consultant-senior accountant jobs over time
Consultant-senior accountant job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 156,562 | 0.05% |
| 2020 | 154,034 | 0.05% |
| 2019 | 154,529 | 0.05% |
| 2018 | 149,910 | 0.05% |
| 2017 | 147,573 | 0.04% |
Average consultant-senior accountant salary over time
Consultant-senior accountant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $80,503 | $38.70 | +2.8% |
| 2024 | $78,304 | $37.65 | +1.5% |
| 2023 | $77,155 | $37.09 | +1.7% |
| 2022 | $75,896 | $36.49 | +1.8% |
| 2021 | $74,583 | $35.86 | +1.4% |
Consultant-senior accountant jobs by state
Most common states for consultants-senior accountant
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 276 | 40% |
| 2 | South Dakota | 869,666 | 187 | 22% |
| 3 | Alabama | 4,874,747 | 676 | 14% |
| 4 | Oklahoma | 3,930,864 | 525 | 13% |
| 5 | Massachusetts | 6,859,819 | 849 | 12% |
| 6 | Mississippi | 2,984,100 | 319 | 11% |
| 7 | Illinois | 12,802,023 | 1,275 | 10% |
| 8 | Minnesota | 5,576,606 | 578 | 10% |
| 9 | New Hampshire | 1,342,795 | 138 | 10% |
| 10 | Montana | 1,050,493 | 107 | 10% |
| 11 | Virginia | 8,470,020 | 731 | 9% |
| 12 | Colorado | 5,607,154 | 521 | 9% |
| 13 | Connecticut | 3,588,184 | 313 | 9% |
| 14 | Rhode Island | 1,059,639 | 100 | 9% |
| 15 | Delaware | 961,939 | 85 | 9% |
| 16 | Maryland | 6,052,177 | 475 | 8% |
| 17 | Oregon | 4,142,776 | 340 | 8% |
| 18 | Utah | 3,101,833 | 257 | 8% |
| 19 | California | 39,536,653 | 2,806 | 7% |
| 20 | New Jersey | 9,005,644 | 638 | 7% |
Most common cities for consultants-senior accountant
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Juneau | 2 | 6% | $65,266 |
| 2 | Annapolis | 1 | 3% | $83,031 |
| 3 | Lansing | 2 | 2% | $68,908 |
| 4 | Hartford | 1 | 1% | $87,794 |
| 5 | Tallahassee | 1 | 1% | $63,233 |
| 6 | Topeka | 1 | 1% | $62,275 |
| 7 | Boston | 2 | 0% | $94,151 |
| 8 | Atlanta | 1 | 0% | $67,463 |
| 9 | Baton Rouge | 1 | 0% | $72,152 |
| 10 | Indianapolis | 1 | 0% | $64,460 |
| 11 | Phoenix | 1 | 0% | $76,674 |
| 12 | Saint Paul | 1 | 0% | $69,528 |
| 13 | Washington | 1 | 0% | $97,879 |
Consultant-Senior Accountant job outlook: Expert opinions
Our panel of consultant-senior accountant experts
SUNY College at Old Westbury
Manhattan College
Methodist University
Siena College
Lynn University
University of Oregon
American University
Skyline College
Muhlenberg College
Pacific Lutheran University
University of Nevada - Las Vegas
Misericordia University
What general advice would you give to a Consultant-Senior Accountant?
Mollie Sweet Ph.D., CPA, CMA, SHRM-SCP: Likes: Having a set schedule, upward mobility and career growth, opportunity to continuously learn and exposure to many areas, close relationship to clients and understanding of their business, solving problems, participate in strategic decision making and make strategic recommendations, collaborating with different departments, analyze data to guide decision making, leading process improvements. Dislikes: The work entails high responsibility and is at the same time prone to human error, can put in long hours (especially at the end of a close period or during tax season), can be frustrating when things don't balance, can be a challenge finding missing pieces, repetitive work.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Mollie Sweet Ph.D., CPA, CMA, SHRM-SCP: Accounting is an in-demand career with impressive salaries and job growth to match. Data from the Bureau of Labor Statistics (BLS) projects that the employment of accountants and auditors will grow 6% by 2031. Accounting job postings have experienced substantial growth as well.
What will help Consultants-Senior Accountant increase their earning potential?
Mollie Sweet Ph.D., CPA, CMA, SHRM-SCP: What an accountant does on a day-to-day basis depends on the particular field of accounting. What a tax accountant does will vary dramatically from what an auditor or corporate accountant does on a day-to-day basis. The specific tasks that an accountant performs will vary depending on their employer and industry. Entry-level tax accountants prepare tax returns for clients using information provided by the client. This includes ensuring that all of the required tax information is accurately reported to the government. Clients can include individual taxpayers, small businesses, nonprofits, and/or corporations. Some tax accounting firms specialize in the types of clients they service, while others cover a broad spectrum. Once an accountant has been in the tax field for some time, he or she may also examine, analyze, and interpret accounting records to prepare financial statements, give advice on tax planning, or audit and evaluate statements prepared by others. Corporate accountants have a variety of accounting responsibilities, which may include recording all of the financial transactions of a business, including sales, purchases, expenses, and payments. Accountants prepare financial statements, such as balance sheets, income statements, and cash flow statements, which show the financial health of a business. Accountants analyze financial data to identify trends and patterns. This information can be used to make decisions about pricing, inventory, and other business operations. Accountants may also perform other tasks, such as managing payroll, billing customers, and reconciling accounts.
Keith Kerr Prof.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Keith Kerr Prof.: There are two basic ways that most people in the US find financial success: Either find a job that pays a high salary, or find a career that you love, regardless of the salary, and make a habit of saving and investing part of your income each month starting with your first paycheck.
If you invest only $90 a month starting at 21 and ending at retirement, you would have a bit over 1 million dollars (assuming a 10% annual gain). Wait just 5 years and start doing this at 26 and your 5 years of time will have cost you $400,000 by retirement. This is the power of compounding. Start early and even with a lower salary, you still can find financial success while pursuing careers that are meaningful to you.
What will help Consultants-Senior Accountant increase their earning potential?
Keith Kerr Prof.: Grant writing is perhaps the most important skill for sociology majors to acquire. Not all sociology programs offer such skills (luckily my department at Quinnipiac does), but all sociology programs offer courses in research methodology. These skills are all skills that are needed to successfully write grants.
More so, with the research skills and practice in grant writing, one is in a position to approach potential employers as a hire that will more than pay for itself in the grant money that the potential employee can bring into the organization.
What general advice would you give to a Consultant-Senior Accountant?
Patrick O'Brien: Currently, the demand for accountants is higher than the supply of accounting majors coming out of college. As a result, this is allowing students and other accounting professionals their pick of the type of firm, company, industry, etc. for which they would want to work. Additionally, the salaries in the profession are increasing because the talent pool is smaller than the number of jobs available.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Patrick O'Brien: There are a variety of fields in the accounting profession. Most accounting majors in college usually end up in public accounting working in either audit or tax. An audit professional will usually work for a public accounting firm, such as PwC or Deloitte, and will be assigned to various clients to perform audits of their client’s financial information. This could include tasks like reviewing the financial statements of the client he or she is working for, meeting with the client to discuss information and documentation needs, validating various transactions the company has recorded to ensure they are in compliance with Generally Accepted Accounting Principles (GAAP), etc. A tax professional working at a public accounting firm will usually be working with his or her client to prepare income tax returns for the corporation, partnership, etc., as well as determining tax withholdings and liabilities. Some large public accounting firms will even work with high net worth individuals to assist them with their taxes given the complexity. Medium-sized and smaller accounting firms would work with individuals to have their taxes done and filed annually. There are other fields of accounting, such as forensic accounting, which becomes necessary when there is potential financial fraud occurring within a business. Additionally, there are always needs for accountants within the government on the local, state, and federal levels. These accountants would be responsible for providing financial information to the taxpayers and the general public. There are also accountants that work within companies and other organizations that are responsible for gathering, recording, analyzing, and summarizing financial data both inside and outside of the organization.
What will help Consultants-Senior Accountant increase their earning potential?
Patrick O'Brien: No matter the field of accounting that one goes into, each one has its own type of “busy season”. These busy seasons generally require an accountant to work more hours than a typical 40-hour work week for a set period of time. While the hours can be intense, they are usually predictable, so the accountant can plan accordingly. In terms of what people usually like about being an accountant, there are a number of factors. The main one is that it is a career (rather than a job) with a clear path for advancement and promotion (generally, speaking). With this, there comes a level of career stability that many other professions and jobs cannot provide. Additionally, it has often been said that the accounting profession is “recession proof”. During poor economic periods, accountants tend to experience less career disturbances than other professions. Lastly, every business needs an accountant! This allows accountants the opportunity to break into any industry or company that they desire. Many professionals begin as accountants within an organization and have incredible upward mobility (whether as accountants or not). Accountants see most aspects and operations of an organization, so this knowledge and understanding makes them excellent top-level executives.
What general advice would you give to a Consultant-Senior Accountant?
Dr. Natalia Boliari PhD: First, learn everything about the company you just started working for - its historical path, management, the way it's dealt with crises, etc. Second, learn everything about the specific industry the company belongs to and see how the company has developed relative to the development of the industry domestically and internationally. Third, always be extremely alert to notice new opportunities and be prepared to take calculated risks. That is, actively look for opportunities to complete as many and diverse tasks as possible, and volunteer to complete any type of work regardless of whether it seems relevant to your assigned job or not. Opportunities to learn, grow, and improve and thus to maximize your income, will only come up if you are exposed to diverse situations.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Dr. Natalia Boliari PhD: Be open minded. Finance is the broad definition of an industry which provides opportunities for careers in financial consultancy, financial analysis, stock brokerage, foreign investment, modeling, exchange rate forecasts, and many more. While most of those careers are attributed to the banking industry, you can find those and others in other sectors of the economy, such as insurance, technology, health care/medical, government, and so on. So, be open and look beyond the banking sector, examine the current and predicted trends in the economy to hunt for exciting career options.
What general advice would you give to a Consultant-Senior Accountant?
Dr. Mfon Akpan CGMA: An accountant day-to-day can vary depending on the role, and accounting is a very broad field. So the way that I would answer this question is when you're thinking of getting into the accounting field, think about if you're the type of person that likes to sit at your desk, you don't like to interact with a lot of people or move around or have to travel, or if you're the person that likes to move around, you don't want to be sitting at your desk for a long period of time doing work at a computer. Also, so that could mean if you're the type of person that will be a tax associate. So if you're a tax associate during busy season, you may be in the office, you may be at your desk, you may be working 60 hours a week. If you work in internal audit, for example, you may be moving all around, speaking with people, performing your risk assessment, doing tests. So you may move around quite a bit and you may not be in your office as much. So I think one thing to consider is that accounting is a very broad field and you can work in various aspects of the field and in different industries, which can have drastically different day-to-days. The other thing to think about is as an accountant or entering the field, we're just talking about the field of accounting, which is very broad. You also have to think about adjacent fields. So if you work in finance, if you work as a financial advisor in the financial services field, you can work in banking, investment bank. So you can move into many of these adjacent fields as well. So that's also something to think of when entering the field of accounting or entering the profession. Very broad, very dynamic, very interesting, very flexible. Additionally, your role might mean being a tax associate. During the busy season, you could find yourself in the office, at your desk, working sixty hours a week. Conversely, if you work in internal audit, you might be moving around a lot, speaking with people, performing risk assessments, and conducting tests, which means you might not be in your office as much. It's important to recognize that accounting is a very broad field, offering various roles across different industries, each with drastically different day-to-days. When considering a career in accounting, also consider adjacent fields like finance. As a financial advisor or working in financial services, opportunities extend to banking and investment banking. This flexibility makes the field dynamic, interesting, and very broad, suitable for those looking for diverse career paths.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Dr. Mfon Akpan CGMA: What people like and dislike about being an accountant. I think from the education standpoint, being a professor, many of the students do not like the numbers and the jargon. So you've got to really learn the language of an accountant and you have to contend with the math. So I think those are things that many students do not like. The other thing that there's a dislike about could be that depending on what area you work in are the hours, so there could be issues with work-life balance, and then issues with pay.
What will help Consultants-Senior Accountant increase their earning potential?
Dr. Mfon Akpan CGMA: Accounting is a great field to enter right now because, number one, of the broad spectrum of areas in accounting. So you could work in tax, you can work in audit, you can work in fraud if you want to focus on financial reporting, managerial accounting. There's so many areas that you can move into with accounting as well as industries. So you can be an accountant, or let's say, for example, you could be an internal auditor in the healthcare industry or for government or for a university. So you can maneuver into different industries if you'd like. So there's that flexibility within the profession. The other thing that I think we don't talk about is the adjacent fields that you can enter into in accounting, working in finance, marketing, in other area of business with your accounting education. You can move into those easily because, again, accounting is the language of business.
What general advice would you give to a Consultant-Senior Accountant?
Kristen Thompson PhD, CPA, CMA: From my experience as an external auditor for one of the big four accounting firms, the day to day involves a lot of talking with clients and looking through their accounting records to verify that everything has been recorded as it should have been. The ultimate goal of an auditor is to provide assurance to investors, lenders, or other external users that they can rely on the financial statements of a particular company. Auditors work in teams, oftentimes at the client site (which often entails travel), where each member of the team is assigned different tasks or sections of the company to audit. For example, while a lower level staff might be assigned the 'Cash' section or 'Inventory', a more senior staff member will likely be assigned to more complex areas such as 'Derivatives' or 'Financial Instruments'. Within their assigned area(s), auditors will select samples of transactions or some other unit from a population and proceed to verify that all supporting documents match and the correct number ultimately ends up in the financial statements. This can entail looking over documents such as invoices, shipping documents, and checks, meeting with clients to ask questions about various transactions or components of the business, working through spreadsheets, ensuring client calculations are justified, or coming up with expectations for account balances and comparing them to the client's. A day's activities likely include a number of these activities, along with collaboration with team members on how to handle more complex issues, and even helping clients out by identifying efficiencies that could be implemented to make their business run more smoothly. Public accounting is an incredibly diverse field, with each day bringing on a new set of challenges.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Kristen Thompson PhD, CPA, CMA: Accounting is an excellent profession to enter now because, more than ever, there is a huge demand for accountants. Accountants entering the profession have a lot of power in the market. Many employers are willing to negotiate salary, benefits, and flexibility in attempts to attract and retain talented individuals. Firms are also relying on the next generations of accountants to keep the firm current when it comes to things like data analytics and the use of AI. There are an incredible amount of possibilities in the accounting field, with the opportunities continuing to grow to include many activities outside the classic stereotype of accounting.
What will help Consultants-Senior Accountant increase their earning potential?
Kristen Thompson PhD, CPA, CMA: Depending on the type of accountant, the likes and dislikes can vary quite a bit. Returning to my experience in public accounting, the number one component individuals dislike is the hours required during 'busy season'. However, they often discuss how much they enjoy being surrounded by smart people, the variation in tasks, the daily challenges that encourage them to continue to grow, the social aspect of the job, including interactions with coworkers and clients, the upward mobility and opportunities these firms provide, and the generous PTO and flexibility that firms allow outside of busy season. In private industry accounting on the other hand, people tend to enjoy the consistency and normalcy of hours required, as this realm of accounting more closely follows a typical 8-5 schedule. These individuals often refer to the consistency and predictability of their days in the office and the job security the profession provides. Both realms of accounting provide secure careers working with smart, driven, and oftentimes, even fun individuals.
What general advice would you give to a Consultant-Senior Accountant?
Kristina Kostovski CPA, MBA: To maximize your salary potential when starting your career in the accounting field, gaining relevant experience through internships while in college can significantly enhance your employability and set you apart from other candidates. Internships provide valuable hands-on experience and allow you to demonstrate your skills and capabilities to potential employers. Additionally, pursuing professional certifications such as the Certified Public Accountant (CPA) or other necessary credentials specific to the role you are applying for can greatly increase your earning potential. These certifications not only validate your expertise and knowledge but also signal to employers that you are committed to advancing your career in the accounting profession.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Kristina Kostovski CPA, MBA: Starting a career in accounting can be challenging as it is a constantly evolving field with new regulations, standards, and technologies. Strong technical skills and soft skills such as communication, leadership, and problem solving will help you contribute to your organizations success. However, the way to get comfortable and accelerate your professional development is to continually seek feedback and soak up knowledge when doing so. Actively seeking input from your supervisors and peers will not only allow you to identify areas for improvement but also fosters an environment conducive to knowledge-sharing. By engaging in collaborative exchanges of insights and expertise, you not only enhance your own understanding but also contribute to the collective intelligence of your team. Ultimately a strong culture of knowledge sharing not only accelerates individual growth but also cultivates a synergistic environment which can propel the entire organization forward.
What will help Consultants-Senior Accountant increase their earning potential?
Kristina Kostovski CPA, MBA: When asked about accounting and the future of the field, there is no surprise the accounting field is expected to continue to see changes driven by advancements in technology, evolving regulations, and shifting business landscapes. Accountants will increasingly need to analyze large datasets to derive insights and make data-driven decisions. However, what is less spoken about is the need for communication and leadership skills due to decline in people wanting to become accounts in the US. The American Institute of Certified Public Accountants (AICPA) found through its 2023 Trends report that only 47,067 individuals graduated with a Bachelor’s Degree in 2022 compared to 52,481 in 2020 and 51,031 in 2021. As the profession faces a shortage of skilled professionals, the demand for individuals who possess strong communication and leadership abilities becomes increasingly pronounced. Accountants do more than just crunch numbers; they are also tasked with translating complex financial data into actionable insights and guiding strategic decision-making, driving value for their organizations and clients alike. Further, effective communication and leadership skills are needed within your organization to ensure younger staff are adequately mentored and guided as they navigate their careers in accounting. With a decline in the number of individuals entering the accounting profession, it's crucial to cultivate an environment where knowledge transfer and professional development thrive. Thus, while technical proficiency remains essential, the cultivation of interpersonal competencies is equally vital for aspiring accountants to thrive in their careers and contribute meaningfully to the profession.
Feng Dong
Assistant Professor of Finance, Douglas Hickey Chair in Business, Siena CollegeSiena College
Finance And Financial Management Services
What will help Consultants-Senior Accountant increase their earning potential?
Feng Dong: Finance analysts often appreciate the clear career growth and opportunities in the field. There are well-defined paths for advancing to senior roles like Finance Manager, Director of Finance, or CFO. You can work in different industries and specialize in specific areas, which opens up a wide range of career options. You get to shape your career based on your interests and strengths. Plus, the pay is quite competitive. Finance analysts usually receive high salaries, benefits, and performance-based bonuses. Also, finance analysts are getting to work with advanced financial software, data analytics tools, and cutting-edge technologies like AI and machine learning. It keeps the work interesting and innovative. However, the pressure can be intense, with tight deadlines and the huge impact financial decisions can have on a company's performance. It can be especially tough for newcomers. And the long hours are a common complaint. During critical financial reporting periods, work-life balance can take a hit with extra hours, including evenings and weekends. Some roles and industries are particularly demanding during budgeting and auditing seasons. On top of that, technical issues with financial software and tools can be a major headache. And with technology constantly evolving, you need to keep up and keep learning, which can be demanding.
What will help Consultants-Senior Accountant increase their earning potential?
David Spohn DBA, MBA, MJUR, CWM®: Likes:
- Intellectual Stimulation: Many finance analysts enjoy the challenge of solving complex financial puzzles and deriving insights from data. The role often requires staying updated with the latest economic trends and financial theories, providing continuous learning opportunities.
- Impact on Decision-making: Analysts often take pride in the fact that their work directly influences strategic business decisions. This can be highly rewarding, especially when their recommendations lead to successful outcomes.
- Career Opportunities: The field offers numerous pathways for career advancement. Analysts can ascend to roles in senior management, specialize in particular sectors such as fintech or healthcare, or move into investment roles.
Dislikes:
- High Pressure: The role can be highly stressful, with tight deadlines and significant implications tied to their analyses and recommendations. Financial markets are dynamic, and the pressure to provide accurate, timely insights can be intense.
- Monotony in Initial Stages: New entrants might find the work initially repetitive as they learn the ropes of data collection and basic analysis techniques. The intellectual rewards and more engaging tasks often come with increased responsibility.
- Work-Life Balance: Depending on the employer and the state of the market, long hours can be common, especially during financial reporting periods or significant market changes, which can impact work-life balance.
What will help Consultants-Senior Accountant increase their earning potential?
Clemens Kownatzki PhD, MBA: As a beginner in any field, it pays to listen more than to talk. Be humble, pay attention, be nice to folks and probably most helpful is having a mentor who can guide you along and show you some best practices for navigating your career. You should take advantage of your education, not just to show a piece of paper that says you graduated but think of every single project, essay or paper that you write as part of a portfolio that demonstrates your skill sets. Especially in finance where we can sometimes be enamored with the beauty of a mathematical model, think about how any model should be applied in the real world. In some cases that might mean that you have to “get your hands on the wheel and learn how to drive.” I am not suggesting that you should put all your savings at risk and buy the next iteration of the latest cryptocurrency, but If you’re interested in a career in investing, put a small amount of money at risk and trade a stock, or if you must trade a few dollars’ worth of Bitcoin or Ether – as much as you would risk for a movie ticket seems reasonable. There are lots of virtual trading apps where you can trade with paper money, but there’s nothing like understanding risk when your own dollars are at stake, even if it’s just a few dollars. You should also absorb all the workshops, seminars and resources available out there. Follow Prof. Aswath Damodaran who has a YouTube Channel and hundreds of spreadsheets with financial models, all for free! Also follow some good content providers on various channels to get additional insights – in the field of finance, you need to be up-to-date on all events because those influence markets and the economy. Be ready to continue learning and update your skills and understanding while you’re working. Education doesn’t end after you finish your degree. All successful people are life-long learners.
What general advice would you give to a Consultant-Senior Accountant?
Amy Kass CPA, MBA: My advice to a graduate beginning a career in the accounting industry is to take advantage of as many new learning opportunities and work-related experiences as possible. The accounting industry offers accountants many specialized areas to choose a career path in, so using those learning opportunities and work-related experiences will help graduates choose which area in the accounting industry they'd like to work in while expanding their skills on their resume, their confidence, and ultimately their salaries. A great way to access a variety of work-related experiences is to work at a public accounting firm.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Amy Kass CPA, MBA: The three skills I think that will become more important and prevalent in the next three to five years in the accounting industry will include: technical skills, regulatory knowledge, and written and oral communication skills. The technical skills and the regulatory knowledge skills areas are constantly changing, so there's always something new to learn that will benefit your role in the industry.
What will help Consultants-Senior Accountant increase their earning potential?
Amy Kass CPA, MBA: The most important way you can maximize your salary potential when starting a career in the accounting industry is by sitting for the CPA exam as soon as possible. Passing the exam will provide you with a higher salary and more advanced career opportunities.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Timothy Egan M.S. Marketing: -Understanding finance and how it impacts the operations of where you work, can help you have great insight into new opportunities or see the writing on the wall in tough times. -Don't be afraid to learn new technologies, especially ones that collect data. Enhance your tech-based skills as that will increase your value to the organization where you work and the business community at large. -Learn Spanish. While globalization may have you think about learning an Asian language, the Spanish speaking market is the faster growing in the US and has been since 2010.
What will help Consultants-Senior Accountant increase their earning potential?
Timothy Egan M.S. Marketing: -Under promise and over deliver. -Know your value, self-assess your skills, your knowledge and your role. Understand when and when not a company can give increases. -Build an internal support system. Make sure you have people who will go to bat for you when you want to move up internally. -After succeeding don't be afraid to ask for an increase. -And remember, stay humble. The minute you think you know everything; you haven't learned anything.
Z. Jay Wang
Department Head, Associate Professor of FinanceUniversity of Oregon
Finance And Financial Management Services
What will help Consultants-Senior Accountant increase their earning potential?
Z. Jay Wang: Students who have a history of doing work in the field outside the classroom either through internships, industry projects, or school-sponsored clubs managing financial decisions are better poised to maximize starting salary potential. Starting early to secure internships with top companies will also position students well for higher earning potential. Most top banks and firms will post internships from April/May to August, and close by the end of September for the following summer. They are also rolling, so may fill the roles by as early as June of the sophomore year for the following summer after junior year. Finally, networking with industry and alumni professionals in the companies, firms, banks prior to applying for an internship or full-time position will have an impact. The candidate will learn more about the opportunity and company culture for their resume and potential interview, and most top companies in finance will have a referral program. If the candidate impresses the internal connection with excellent questions and strategic answers, they may get a referral that moves them up in the stacks of applicants.
Octavian Ionici PhD
Sr. Lecturer in FinanceAmerican University
Finance And Financial Management Services
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Octavian Ionici PhD: The finance profession is lucrative, rewarding and very competitive. Graduates should do their research about the organization they are interviewing with and be able to discuss how their skills can contribute to the business. They should also know if they would rather interact with people and clients or if they are drawn to intellectual pursuits such as analysis. Do they value power, prestige status, risk, or something else? Ultimately our core values, personal goals, interests, aptitudes, and personality will shape our career paths.
Being able to articulate what sparked their interest in the financial field and why they are interested in a chosen role will be an advantage during the hiring process. While still in college, students should join a professional association like the Financial Management Association to give them more access to that broad network, as well as access to career development resources that can set them apart from the crowd.
It's also critical to get an internship (paid or unpaid) in order to show some real-life experience. They can do this while they are still in college, during the summers, or even afterwards, to get a foot in the door.
Reading the WSJ and FT daily, and listening to Bloomberg, or other financial programs as a regular practice will help them to have fluency in the language of our profession. Because the finance sector is heavily regulated and changes occur due to changing economic and political conditions, they will need to stay updated with those changes. Financial media sources will help bring them that context to stay up to date on all of these moving parts.
What will help Consultants-Senior Accountant increase their earning potential?
Dr. Kimberly Gaither: Maximize your salary potential by asking questions and learning as quickly as possible. Be a good communicator with those above and below you as well as your peers. Be dependable. Persons who show up early and work hard will be valued and rewarded.
Tony Viertel
Accounting Dept. CoordinatorSkyline College
Accounting And Related Services
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Tony Viertel: Stability and demand: Accounting is a fundamental function for businesses across
industries. There will always be a demand for skilled accountants to manage financial
records, ensure regulatory compliance, and provide strategic financial advice.
Diverse career opportunities: Accountants can work in various sectors such as public
accounting, corporate accounting, government agencies, non-profit organizations, and
academia. This diversity allows for flexibility and the opportunity to explore different
career paths.
Professional growth: The accounting profession offers numerous opportunities for
advancement, including obtaining certifications such as Certified Public Accountant
(CPA), Certified Management Accountant (CMA), or Chartered Financial Analyst (CFA).
These certifications can open doors to higher-paying positions and increased
responsibilities.
Intellectual Challenge: Accounting involves problem-solving, analysis, and interpretation
of financial data. It requires critical thinking skills and attention to detail.
What will help Consultants-Senior Accountant increase their earning potential?
Ermira Mazziotta MBA, CPA, CFE: Accounting students are in a very good position to land well paying jobs because of the demand. Most important advice I would give is to continue to learn and grow and invest in your professional growth by taking classes, working on different clients from different industries and most importantly network. If you have an option to work in the office, do that instead of working remotely. Making those face to face connections will help propel and grow your career.
Fang Lin
Assistant Professor of FinancePacific Lutheran University
Finance And Financial Management Services
What general advice would you give to a Consultant-Senior Accountant?
Fang Lin: Proficiency in coding and statistical modeling is essential. At a minimum, individuals should be able to understand basic financial models. Ideally, they should be able to code or at least interpret code in languages such as Python and R. Additionally, soft skills such as communication, problem-solving, and critical thinking will continue to be invaluable.
What Consultant-Senior Accountant skills would you recommend for someone trying to advance their career?
Fang Lin: Don't be afraid to negotiate your starting salary. Young journalists have a lot to offer newsrooms through social media skills and a willingness to adapt to new technologies such as artificial intelligence. Technology skills have value and should not be undersold. Also, young journalism students should not discount the value of their student media and internship experiences. Young journalists must use everything on their resumes to show how they bring value to their position and ask to be compensated fairly for the work they will contribute to the newsroom's success.
John Clark Ph.D., CFA, CFP
Chair, Dept. of FinanceUniversity of Nevada - Las Vegas
Geological And Earth Sciences/Geosciences
What general advice would you give to a Consultant-Senior Accountant?
John Clark Ph.D., CFA, CFP: Show you have experience. Doing an internship is a great way to increase your starting salary. I always advocate for doing applied research, this is research that you can show has implications for society - science for the sake of science is not good science! Obtaining an MS degree is also a good way to increase your salary, especially if your MS degree is relevant to your future job.
Charles Makar
Instructor of BusinessMisericordia University
Business Department
What soft skills should all Consultants-Senior Accountant possess?
Charles Makar: Communications skills (oral and written).