Government Jobs for CA: Salary, Vacancy, Role and Responsibilities
Financial knowledge and expertise of a CA is required not only by individuals or private companies but also by government departments and agencies. Let’s have a look at career opportunities and government jobs for CA.
Government Jobs for Chartered Accountants
CAs are financial experts whose services are sought by individuals as well as organizations to maintain their finances in good health. Once you’ve complete the CA course, you have several options to choose from. You can opt for independent practice or join an audit firm. There’s also option to join a big organization in a sector of your choice because every company needs someone to take care of their taxes and financial health.
For a Chartered Accountant, government sector also offers various avenues of career building. While private sector jobs are monetarily lucrative, government sector jobs have security. Let’s have a look at career opportunities and government jobs for CA.
- What does a Chartered Accountant do?
- Chartered Accountant Job Roles and Salary
- Government Jobs for CA in India
- CA Government Jobs Posts
What does a Chartered Accountant do?
A Chartered Accountant or CA manages budgets and taxes of their organization or client. They provide financial advice to ensure the finances of an organization are best used and report in accordance with government rules and guidelines. They are appointed to help clients in managing their finances for best return and comply with law of the land. A CA’s core responsibilities include:
- Accounting and Book-keeping: Maintaining accurate financial records for the client is the first and foremost responsibility of a CA. They have to create and maintain logs of financial transactions, income, investments, preparing tax returns and filing reports as per government guidelines.
- Auditing: The CA also has to audit financial and tax reports to ensure there is no anomaly or miss reporting.
- Taxation: Timely submission of tax and tax returns in accordance with government rules. Providing guidance on tax planning and analysis of financial health to help make informed decisions are key roles of a CA.
- Risk Management: The CA of an organization knows best the financial health of their client. Thus, they are the best candidate to provide financial analysis and projection for future investment. They also have the responsibility to assess potential risks to prevent losses.
- Financial Consulting: Apart from tax filing and auditing, CAs are also required for crucial financial planning, budgeting and cost management for achieving business goals.
Chartered Accountants Exams:
Chartered Accountant Job Roles and Salary
In private sector, Chartered Accountants are needed for various positions that requires highly skilled and efficient finance experts. Check below the list of top CA jobs in private sector and average salary:
| CA Job Role |
Average Salary |
|---|---|
| Financial Analyst |
INR 5.00 lakh per annum |
| Internal Auditor |
INR 7.00 lakh per annum |
| Tax Consultant |
INR 6.50 lakh per annum |
| Management Consultant |
INR 14.00 lakh per annum |
| Chief Financial Officer |
INR 38.00 lakh per annum |
| Investment Banker |
INR 8.00 lakh per annum |
| Forensic Accountant |
INR 7.00 lakh per annum |
| Financial Consultant |
INR 7.43 lakh per annum |
Other employment opportunities for qualified CAs include research and teaching. A good percentage of CAs opt for individual practice or setting up their own CA firm after completing the course from ICAI.
Government Jobs for CA in India
CAs are in a high demand in public sector too as government organizations too need finance and tax experts to take care of their finances. A skilled CA will find many job opportunities in government banks, central/state departments and other government bodies engaged in welfare and development of the country.
- Public Sector Banks: Professional CA degree holders can apply for jobs in public sector banks. These appointments are usually done through bank exams for RBI, SBI, IBPS, etc.
- UPSC: Union Public Service Commission exam is another gateway for government jobs in various ministries and government departments. Appointment is done basis IAS exam and interview rounds. CAs can aspire to be IAS, IRS, IFS, or join Railways and several other departments, in job roles that have requirement for financial experts.
- Public Companies: CAs can also look for appropriate job vacancies in public sector companies like LIC, GAIL, ONGC, etc., that suit their expertise and knowledge.
CA Government Jobs Posts
Hiring in government jobs typically happens as:
| Government Jobs for CA |
|
|---|---|
| Auditor |
Assistant Manager |
| Chief Auditor |
Treasury Manager |
| Accountant |
Senior Manager |
| Account Manager |
Deputy Manager |
| Junior Manager |
Accounts Executive |
| Administrative Officer |
Accounts Officer |
| Consultant |
Financial Analyst |
Other Goverment Exams:
