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Career Opportunities in Public Accounting


Listed below are a sample of possible job opportunities with an Accounting degree. The estimated Midwest median starting salary is listed with each position . Click on a job position to get a brief description of the job duties. Source:, October 2008

Career Opportunities - Public Accounting

Accountant I - $41,700

Accountant I


Prepares balance sheets, profit and loss statements, and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Reports organization's finances to management, and offers suggestions about resource utilization, tax strategies, and assumptions underlying budget forecasts.

Accounts Payable Supervisor I - $45,400

Accounts Payable Supervisor I


Supervises activities in the accounts payable function. Ensures timely payments of vendor invoices and expense vouchers and maintains accurate records and control reports. Responsible for preparing accounts payable register and related reports. A level I supervisor is considered a working supervisor with little authority for personnel actions.

Accounts Receivable Supervisor I - $45,400

Accounts Receivable Supervisor I


Supervises activities in the accounts receivable function. Responsible for collection activities such as sending follow-up inquiries, negotiating with past due accounts, maintaining cash receipts and referring accounts to collection agencies. Maintains accurate records. A level I supervisor is considered a working supervisor with little authority for personnel actions.

Budget Analyst I - $46,100

Budget Analyst I


Analyzes accounting records to determine financial resources required to implement programs and makes recommendations for budget allocations to ensure conformance to budgetary limits. Also responsible for reviewing operating budgets periodically in order to analyze trends affecting budget needs.

Cost Accountant - $45,000

Cost Accountant


Determines and implements cost accounting procedures and methods. Responsible for the preparation and analysis of cost reports and costing audits. Examines and reviews unusual cost records and ensures cost data is allocated correctly.

Cost Accounting Supervisor I - $60,300

Cost Accounting Supervisor I


Oversees the preparation and analysis of cost reports and costing audits. Identifies and examines costs inconsistent with projected values. A level I Supervisor is considered a working supervisor with little authority for personnel actions.

Cost Analyst I - $46,500

Cost Analyst I


Provides cost analysis results to assist senior management in decision making or other financial initiatives. Performs variance analysis between actual and standard costs. Monitors, analyzes and reports on inventory valuation, production and various other costs. Provides productivity analysis.

Credit Analyst I - $42,300

Credit Analyst I


Duties include researching and examining credit risks, assessing credit history, and approving or disapproving extension of credit. May work with accounts receivable department.

Financial Reporting Accountant - $47,700

Financial Reporting Accountant


Prepares financial statements for internal and external users. Collects and analyzes financial data, ensuring that all reporting is in compliance with SEC and GAAP reporting guidelines. Researches accounting rules and regulations and makes recommendations regarding company policy. Assists external auditors as needed.

Individual Retirement Account Service Representative - $31,200

Individual Retirement Account Service Representative


Processes IRA account openings, transfers, distributions, and closures according to government regulations and company policies. Responds to customer inquiries.

Individual Retirement Account Specialist - $37,700

Individual Retirement Account Specialist


Develops IRA rate sheets and prepares transfers, distributions, and closures in accordance with government regulations and bank policies. Maintains retirement records and is responsible for current and proper financial statements and reports.

Internal Auditor - $46,100

Internal Auditor


Audits the accounting and financial data of various departments within an organization to ensure accuracy and compliance with government guidelines and laws. Identifies improper accounting or documentation and researches issues and makes recommendations to improve policies or procedures accordingly. May work with outside auditors to help reconcile discrepancies or support the external auditing function.

Loan Examiner - $39,100

Loan Examiner


Reviews or audits an organization's loan practices to ensure compliance with established laws and regulations. Analyzes loans to identify deficiencies or unsupported charges. Establishes authenticity and correctness of all records including transactions and other forms or documentation.

Tax Accountant - $46,000

Tax Accountant


Maintains tax records and prepares tax returns, related schedules, and related reports. Prepares paperwork for local, state and federal level returns.

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