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Accountants are in even greater demand as global economies become more organised and structured. The role of the accounting professional has changed with the integration of technology but traits such as being detail oriented and having an expansive domain knowledge remain essential. Y-Axis has identified a huge demand for accountants in roles with a wide variety of organisations. Our profile oriented approach ensures you get positioned for discovery by the right organisations in countries which offer you the highest chance of growth.
Please select the country where you want to work
Australia
Canada
USA
United Kingdom
Germany
Accountants prepare and examine financial records. Accountants are paid well abroad, mainly if candidate initiates the career in Big 4 Firm (largest international accounting and professional services firms) has high chances of getting accountant job. The more importance is given to candidates who have gained an experience of 3-4 years. Middle East pays the highest and all the other countries pay a decent salary for accountant jobs. 1,538,400 accountant jobs have been filled in 2022.
On an average, about 126,500 openings for accountants are estimated each year. Anyone can grab the professional opportunities in the below countries with relevant education and experience. Other pathways to explore global dimensions include the following-
In Canada, accountants are paid highest salary depending on their experience. However, there are opportunities in accounting that can earn individuals more money in this country. Accountants in Canada are paid $35.76 per hour on an average. The average salary for professional Chartered Accountants for one hour will be $60. There are more number of accountants in Canadian provinces, including Manitoba, Nova Scotia, Quebec, and Saskatchewan because of high demand.
Accounting jobs has increased in the United States, and many individuals find this profession both challenging and fulfilling. There are many benefits an accounting job provides for individuals. According to statistics of US. Bureau of Labour, an accountant will earn between $47,970 and $128,970, with the average annual salary being $77,250. There will be substantial increase by 5.6% growth in accountants’ job openings in the US from 2021 to 2031
The UK holds strong accounting professional bodies, which will help the world in terms of the development of accounting standards. The average salary in United Kingdom for Accountant is £45,960 per year. The average additional cash compensation for an Accountant in the United Kingdom is £3,543, with a range from £1,630 - £7,703
.
Accounting professionals are in high demand in Germany. As businesses and industries are seeing continuous growth, there is a need for skilled accountants to manage accounts. The average salary in Germany for an Accountant is €66,961 per year. The average additional cash compensation for an Accountant in the Germany is €6,178, with a range from €3,000 - €11,554.
Australia's multiplex and ever-changing supervisory environment keeps accountants in high demand. Businesses in Australia continually look for expert advice to make sure obedience with tax laws, financial reporting standards, and supervisory changes. Accountants play an important role in helping companies remove these complexities, making them essential members of the business community. The average accountant salary is $95,000 per year in Australia.
Accountant jobs play an important role in tax preparation and filing, this is one of the reason why their skills are in demand. Some of the best MNCs that are hiring accountants are included below:
Country |
Top MNCs |
USA |
Accenture |
Tata Consultancy Services |
|
Genpact |
|
Infosys BPM |
|
Deloitte |
|
Capgemini |
|
Oracle |
|
EY |
|
DXC Technology |
|
Canada |
KPMG |
EY |
|
Deloitte |
|
BDO |
|
MNP |
|
Robert Half |
|
PwC Canada |
|
Grant Thornton LLP Canada |
|
RBC |
|
UK |
Accenture |
Tata Consultancy Services |
|
Genpact |
|
Infosys BPM |
|
Deloitte |
|
Capgemini |
|
Oracle |
|
EY |
|
DXC Technology |
|
Germany |
KPMG |
EY |
|
PwC |
|
Deutsche Bank |
|
Deloitte |
|
Allianz |
|
Amazon |
|
Zalando |
|
Siemens |
|
Australia |
Commonwealth Bank of Australia |
Westpac Group |
|
PwC |
|
NAB - National Australia Bank |
|
Deloitte |
|
EY |
|
KPMG |
|
Macquarie Group |
|
Suncorp Group |
The cost of living in countries other than India is quite high but the amount of money that one earns and saves is higher than that of India. From the recent reports, the cost of living in Canada for students is around INR 85,000 per year. Nevertheless, the cost of living depends on the city you choose to live in. Several factors like transportation, groceries, utilities, and rent can influence the living expenses in Canada for students. These costs might sometimes be high if you wish to live in, with major cities like Vancouver and Toronto generally being more expensive than smaller cities.
In Germany, average cost of living ranges from 1000 to 3000 euros every month. Monthly expenses depend on your lifestyle, the city you live in, and how many people are accompanying you.
According to the recent survey of CABA, the cost of living everywhere has found to be increasing. To support accountants CABA has created a Q & A session to guide someone who needs help.
Country |
Average Accountant Salary (USD or local currency) |
Canada |
$57,500 - $113,130 |
USA |
$52,500 - $87,500 |
UK |
£30,769 - £54,998 |
Australia |
AUD 80,000 - AUD 130,000 |
Germany |
$79,595 - $118,898 |
Country |
Visa Type |
Requirements |
Visa costs (Approximate) |
Canada |
Qualification based on points system, language proficiency, work experience, education, and age |
CAD 1,325 (primary applicant) + additional fees |
|
USA |
Job offer from a U.S. employer, specialized knowledge or skills, bachelor's degree or equivalent |
Varies, including USCIS filing fee, and may be subject to change |
|
UK |
Job offer from a UK employer with a valid Certificate of Sponsorship (COS), English language proficiency, minimum salary requirement |
£610 - £1,408 (varies based on the duration and type of visa) |
|
Australia |
Job offer from an Australian employer, skills assessment, English language proficiency |
AUD 1,265 - AUD 2,645 (main applicant) + additional fees for Subclass 482 visa AUD 4,045 for Subclass 189 visa AUD 4,240 for Subclass 190 visa |
|
Germany |
Job offer in a qualified IT profession, recognized university degree, minimum salary requirement |
€100 - €140 (varies depending on the duration and type of visa |
The benefits of working abroad as an Accountant professional are:
There are many sectors under accounting career, therefore many opportunities are present for Accountant professionals. Under the field of accounting, many job titles are present that includes different career which most people are familiar with.
Accountants will always have an opportunity to work in different industries. Every company needs an accountant, from technology to farming all Industries needs accountants. Accountants always have an ability to choose the filed they need to specialize.
Accountants can specialize in any areas of accounting. They can also choose to specialize in a particular industry like management, finance, manufacturing, government or insurance.
The pay range for accountant is always competitive, Accountants make good income often. The average salary for accountants in the US is $54,611.
Every company requires an accountant to look after the activities happening in business. There is always great career longevity and job security for these professionals, therefore there is high demand for accountants.
Accountants who have Certified Public Accountant (CPA) license can open their own businesses. This gives the opportunity for accountants to pursue a more creative approach to their career and investigate various different options within the industry. Most accountants who open their own businesses are the one who have good experience from many years in the same field.
There are several opportunities for advancement in the accounting profession. Once an accountant has good experience, they can look for other relevant jobs in the financial industry. Majority of opportunities that accountants search after working as an accountant for some years include jobs as a personal financial advisor or forensic accountant.
The accounting profession is always strong and progressive field. The rise of automation and artificial intelligence has led to some changes in the way accountants work in recent times. The demand for accountants is always strong, and the opportunities is expected to grow in the coming years.
Accounting practises such as finding errors, composing financial statement disclosures, and other accounting method may be the same everywhere the world since they stick to identical standards. Accounting rules are established by accounting practices, which are the constant accounting rules carried out in a certain culture. These rules develop differently due to the way in which business connections progress across various cultures. Accounting is therefore effected by the culture in which it is performed.
A common language is very necessary for accounting that commit to its reputation as the “language of business.” Accounting allocates set of concepts, terms, and methods in order to measure and report financial information, which allow different parties to understand and compare financial information across different companies and industries.
The easiest way to begin with is regular networking. The more people you connect with and the more they know about you and what you do, the easier it will be to foster good working relationships and expand your professional development.
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