Introduction
Employers in the current job market are very precise with regard to qualification of potential employees. It is important for an individual pursuing a certain career path to acquire knowledge on the qualities, which most employers want. Not only should the job seeker know the job requirements but also the benefits that characterize the job.
A single profession may offer different salaries based on the employees educational prerequisites, expertise and environmental location. The tables below show variation of salary with respect to various degree courses, geographical location and varying years of experience (Pay scale, 2011).
Accounting Manager
The basic obligation of accounting managers is to prepare and analyze financial documents. In addition, the accounting manager prepares budgets; appraise procedures and act as an administrator of assets (Bureau of labor statistics 2011). The above table reveal that this job not only pays a basic salary but also gives other benefits that include profit share and Bonus. Tables further disclose that salary increases with the number of years of experience.
Once a worker attains in excess of twenty years experience, no additional increment awarded. Bonus follows a rather peculiar trend as it increases as experienced is gained but once a worker attains twenty years of experience the amount of bonus decreases. Salary is awarded differently depending on degree course with holder of Masters in Business Administration being the best remunerated. Wages also fluctuate with regard to the geographical location. In this career, workers in the most urban and populous cities are best rewarded.
Salary and bonus based on experience
Salary based on degree
Salary based on city (Geography)
Assistant Comptroller
The individual holding this office must have adequate knowledge in the accounting field as an assistant comptroller has the basic duty of ensuring that records kept adhere to accounting policies (Bureau of labor statistics, 2011). This career seems to pay more but the remuneration show similar trend to that of an accounting manager. “Benefits offered include a basic salary, bonus and profit share” (Bureau of labor statistics, 2011).
Salary and bonus increase with experience except bonus reduces on attainment of twenty years of practice. The statistic collected reveal that holders of Bachelor of Science (Accounting) receive better wages. Assistant comptrollers in the large populated cities generally receive better salaries in small towns.
It important that proper educational experience is gained as it plays an important role in determining once career path. It is essential that students further their education to enable them land into their dream careers. Overall, these two jobs are similar but an assistant comptroller job that relates to auditing is rather interesting and is in my career path.
In conclusion, the two careers are related, as they require knowledge from the accounting field. The wages awarded to accounting managers and assistant comptrollers is relatively equal but the later are better paid. An accounting manager will be involved m in the preparation of records while an assistant comptroller will focus on enforcement standards.
Salary and bonus based on experience
Salary based on degree
Salary based on city (Geography)
References
Bureau of labor statistics (2011). Accountants and Auditors. Retrieved from https://www.bls.gov/
Pay scale. (2011). Salary Snapshot for Accounting Manager Jobs. Retrieved from https://www.payscale.com/research/US/Job=Accounting_Manager/Salary#by_City
Pay scale (2011). Salary Snapshot for Assistant Controller (Financial) Jobs. Retrieved from https://www.payscale.com/research/US/Job=Assistant_Controller_(Financial)/Salary#by_City