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Accountant Career Path Explored

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Remembering my career 5 years ago, I was an Accounting Manager. But before that, I was in charge for various position in the accounting and financial field. Started as a bookkeeper, financial analyst, auditor, accounting manager, tax consultant, and controller. Now I’ve been thinking about what will my next-5 years career path will be? Be CFO? ;Or Finance Vice President?

I started exploring and analyzing my career path from the past, currently and the possibility in the next 5 years. Ended up at payscale.com where I found a career path explorer tool called “GIGZIG ™”.  A cool and simple career path explorer, it is able to predict your position five years from now its median salary for each position that match.

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Here are accountant career path I have explored using the tools. I hope it inspires you. Enjoy!

TODAY: Financial Controller [Median Salary: $78,437]

Financial Controller

5 Years Ago:

  • Accounting Manager: $58,241
  • Assistant Controller (Financial): $61,020
  • Senior Accountant: $56,424
  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Assistant Controller: $60,209
  • Office Manager: $36,662

5 Years From Now:

  • Chief Financial Officer (CFO): $122,099
  • Finance Director: $108,341
  • Vice President (VP), Finance: $149,631
  • Vice President (VP) Finance & Chief Financial Officer (CFO): $148,494
  • Financial Controller, Industrial Plant: $79,703

 

TODAY: Accounting Manager [Median Salary: $58,241]

5 Years Ago:

  • Senior Accountant: $56,424
  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Accounting Supervisor: $52,490
  • Office Manager: $36,719
  • Full Charge Bookkeeper: $37,279

5 Years From Now:

  • Financial Controller: $78,437
  • Manager of Financial Accounting: $70,406
  • Assistant Controller (Financial): $61,020
  • Certified Public Accountant (CPA): $58,673
  • Finance Director: $108,341
  • Accounting Director: $93,673

 

TODAY: Cost Accountant [Median Salary: $48,314]

5 Years Ago:

  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Accounting Assistant: $32,313
  • Accounts Payable Clerk: $30,010
  • Financial Analyst: $51,730
  • Office Manager: $36,719
  • Accounting Intern: $30,094

5 Years From Now:

  • Financial Controller: $78,437
  • Senior Accountant: $56,424
  • Financial Controller, Industrial Plant: $79,703
  • Senior Financial Analyst: $73,112
  • Cost Accounting Manager: $70,195
  • Accounting Manager: $58,241

TODAY: Financial Analyst [Median Salary: $51,730]

5 Years Ago:

  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Administrative Assistant: $30,140
  • Customer Service Representative (CSR): $28,521
  • Waiter/Waitress: $19,077
  • Sales Associate: $24,402

5 Years From Now:

  • Senior Financial Analyst: $73,112
  • Finance Manager: $82,815
  • Financial Analyst, Corporate: $56,240
  • Financial Controller: $78,437
  • Senior Accountant: $56,424
  • Financial Analysis Manager: $90,154

 

TODAY: Tax Accountant [Median Salary: $50,349]

5 Years Ago:

  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Entry-level Staff Accountant: $37,093
  • Tax Preparer: $32,382
  • Accounting Intern: $30,094
  • Administrative Assistant: $30,140
  • Bookkeeper: $31,417

5 Years From Now:

  • Senior Tax Accountant: $62,596
  • Tax Manager: $88,395
  • Certified Public Accountant (CPA): $58,673
  • Senior Accountant: $56,424
  • Tax Compliance Manager: $85,422
  • International Tax Manager: $99,700

 

TODAY: Bookkeeper [Median Salary: $31,417]

5 Years Ago:

  • Office Manager: $36,719
  • Administrative Assistant: $30,140
  • Accounts Payable Clerk: $30,010
  • Customer Service Representative (CSR): $28,521
  • Accounting Clerk: $30,353
  • Assistant Bookkeeper: $27,988

5 Years From Now:

  • Full Charge Bookkeeper: $37,279
  • Staff Accountant: $42,613
  • Administrative / Office Manager: $34,864
  • Bookkeeper Head: $35,975
  • Bookkeeping, Accounting, or Auditing Clerk: 32,538
  • Accountant: $42,021

 

TODAY: Bookkeeping, Accounting, or Auditing Clerk [$32,538]

5 Years Ago:

  • Bookkeeper: $31,417
  • Accounting Clerk: $30,353
  • Administrative / Office Manager: $34,864
  • Full Charge Bookkeeper: $37,279
  • Office Manager: $36,719
  • Administrative Assistant: $30,140

5 Years From Now:

  • Accounting Manager: $58,241
  • Staff Accountant: $42,613
  • Accountant: $42,021
  • Financial Controller: $78,437
  • Accounting Supervisor: $52,490
  • Entry-level Staff Accountant: $37,093

 

TODAY: Tax Preparer [Median Salary: $32,382]

5 Years Ago:

  • Office Manager: $36,719
  • Administrative / Office Manager: $34,864
  • Customer Service Representative (CSR) $28,521
  • Administrative Assistant: $30,140
  • Bookkeeper: $31,417
  • Cashier: $16,654

5 Years From Now:

  • Senior Tax Accountant: $62,596
  • Staff Accountant: $42,613
  • Tax Manager: $88,395
  • Tax Compliance Manager: $85,422
  • Certified Public Accountant (CPA): $58,673
  • Accountant: $42,021
  • Tax Accountant: $50,349

Source: GIGZIG ™ Payscale.com




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