Accounting is a significant field and has a great demand for the workforce, opening up many career opportunities for workers in Vietnam. However, the salary level of an accounting specialist also constantly changes, depending on many factors such as experience, capacity, and the working unit for which you apply. The following information shared by Navigos Search will clarify the current salary of an accounting specialist. Let's find it out!
1. What is an accounting specialist?
An accounting specialist is a person who is responsible for recording, summarizing, checking, analyzing, and handling financial issues in an enterprise. As this position plays a vital role, any business needs to recruit accounting specialists with extensive knowledge, experience, and skills.
Definition of the accounting specialist
2. What role do accounting specialists play in a business?
In organizations and enterprises, accounting specialists contribute to improving management efficiency through control to limit financial shortages and risks.
Accounting specialists will closely monitor the operation and business process of the enterprise to make statistics and analyze information and data appropriately. From the results of statistics and analysis, they give the final report results, helping the superiors understand the operation situation of the business as well as plan and improve work efficiency.
Specifically, duties of this position takes place are:
- Synthesize and process accounting information and data according to work content
- Check and monitor financial receipts and expenditures, and make the debt payment
- Inspect the management and use of assets and detect and prevent violations of the law on finance and accounting in enterprises.
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Advise and propose management solutions, economic and financial decisions of enterprises
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Analyze accounting information and data and report to the Chief Financial Officer (CFO) or Chief Executive Officer (CEO)
3. Requirements to apply for accounting specialist position
To apply and become a professional accountant, it is necessary to meet certain conditions including work expertise, experience, and vital skills.
Professional qualifications
The minimum requirement for professional qualifications is to have a Bachelor's degree in Accounting, Finance, or Economics with 2-3 years of experience in a similar position. Possessing a Master's degree and related certificates such as CPA, CIA, CMA, CIMA, or ACCA will help them become bright candidates sought by businesses.
Working in this position requires employees to get the gist of legal documents and regulations on accounting to control and perform financial-related operations effectively.
Professional qualifications is a mandatory condition
Computer and foreign languages skills
Foreign language and computer skills seem to be mandatory requirements of most professions. Office information (word, excel, accounting software) is a tool to help accountants make and report, do financial statistics, plan work, and manage business finances easily.
Foreign language skills, especially English, will help accounting specialists better understand the legal system, rules, and standards of foreign business partners and promote the process of working, exchanging content, and signing contracts taking place smoothly.
Honesty and caution
The nature of this profession is to work with papers, data, and calculations. Thus, it is necessary to be careful, meticulous, and honest to arrange work reasonably. Finance is considered a decisive factor in the development and survival of an enterprise. Inadvertently losing important documents or miscalculating financial data will lead to false reporting results, affecting businesses and their career paths.
Resilience at work
Professional accountants always know how to use their resilience to understand the business's financial situation and embrace market trends to provide objective assessments and handy solutions to the management. From there, enterprises will have new business development orientations to improve competitiveness and affirm their position in the market.
Synthetic and analytical skills
The job of an accounting specialist is to summarize documents, record data, calculate and give final results. Therefore, they must synthesize and analyze well to bring accurate reports and detect financial gaps to provide the most appropriate solution.
Candidates need to practice many critical skills
Good time management skills and ability to work well under pressure
Accounting work will not be suitable for those who like a cushy number because accountants often have to work with numbers, documents, and books. Especially at the end of the month, quarter, and year, they have to summarize revenue and pay salaries to employees. This requires their brain to constantly think, operate and manage time well, withstand high pressure to not be overloaded at work and bring the highest working performance.
Excellent communication skills
Featuring excellent communication skills will help accounting specialists clearly and accurately express and present financial information to management. In addition, these skills are also an advantage for them to easily exchange work with other departments, creating sympathy and trust with customers and colleagues.
4. Current salary and career prospects
The current salary of an accounting specialist ranges from 8 to 15 million VND per month along with many other benefits as prescribed. The salary will change depending on the capacity, the work efficiency, and the development and size of the business. Accounting is considered a profession with great job prospects since almost every organization and company needs this position.
Those who pursue this field often start as accountants or financial analysts to understand vital principles in the profession and how businesses operate. From these roles, they will progress to a higher level to become a senior accounting or financial specialist, chief accountant position, or chief financial officer. The career ladder can go in different directions, depending on the capacity and career orientation of each person.
5. Recruiting excellent accounting specialists at Navigos Search
The workforce demand in accounting is significantly high, so businesses have to compete fiercely to recruit talent. Many enterprises have built a detailed-orientated recruitment process and applied many methodical methods but still cannot find suitable candidates. So what is the best solution?
Headhunter service is the optimal solution for businesses to get top potential candidates. Talent-hunting companies have experienced headhunters with extensive relationships. By all means, they will contact the candidate matching the requirements and the predetermined target position, then create relationships and quickly convince the candidate to participate in their recruitment process.
Navigos Search is currently one of the most reputable talent-hunting companies. Established in 2002, with a long history of providing the earliest headhunting service in Vietnam, Navigos Search always improves its quality to meet all the most demanding requirements from customers.
- Featuring profiles of 375,000+ senior candidates and 85,000+ senior management candidates, which is an abundant resource to help our headhunters support recruitment clients in all fields and industries.
- Having experienced consultants who are knowledgeable about the labor market and industry, accurately grasping the recruitment requirements of the business.
- Possessing a network of candidates spread across many different professions.
- Featuring a professional working process, good service quality, and an understanding of the wishes and needs of customers.
- Regular organization of seminars and workshops on useful HR and employment topics.
- Optimal recruitment solution to meet all recruitment and workforce needs of enterprises.
Navigos Search - Vietnam's leading middle and high-level talent hunting company
Throughout its operation in the Vietnamese market, the most valuable asset that Navigos Search has is the largest and most comprehensive candidate database. We always try our best to help candidates and businesses to reach their dreams through the number 1 professional recruitment service in Vietnam.
Don't hesitate to contact Navigos Search if your business is in need of recruiting accounting specialists or any other middle and high-level positions!
- Contact our headhunter team in the North here.
- Contact our headhunter team in the South here.
Navigos Search - Vietnam's leading
middle and high-level talent hunting company