ACCA Pay Packages in India & Globally: An Overview
ACCA is one of the most sought-after finance certifications globally. This globally acknowledged qualification opens up job opportunities in various countries. Understanding the ACCA Salary and its qualification in the finance world is necessary. Here's information on ACCA salary packages for ACCA-certified professionals in India and abroad.
ACCA Salary in India
The salary for ACCA members in India varies based on factors like experience and job position. Entry-level positions may earn between INR 3 to 10 lakhs annually, while those in mid-senior or senior roles can earn significantly more. The ACCA Job salary in India can vary based on the company you are working in. The big 4 companies offer higher ACCA salary per month, the jobs there are popular among ACCA professionals across India. The ACCA salary in big 4 firms makes them highly valued in India.
Recently certified ACCA members often secure positions equivalent to CA holders in India. ACCA professionals in India also have excellent career growth prospects, whether or not they work in top firms. Companies like:
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Morgan Stanley
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J.P. Morgan
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Grant Thornton
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BDO & Other Giant Companies
Here's a breakdown of average pay packages for ACCA-certified professionals in India across different positions:
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Chartered Accountant: INR 4.9 LPA to 20 LPA
Accountant: INR 1.4 LPA to 6.1 LPA
Auditor: INR 2.1 LPA to 20 LPA
Associate Auditor: INR 2.7 LPA to 10 LPA
Accounts Assistant: INR 1.3 LPA to 5.2 LPA
Account Executive: INR 1.7 LPA to 6.0 LPA
For those in the Big 4 firms, here's what you can earn:
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Deloitte: INR 3.6 LPA to 40.6 LPA
PwC (PricewaterhouseCoopers): INR 8.7 LPA to 39.2 LPA
Ernst & Young (EY): INR 8.2 LPA to 38.4 LPA
KPMG: INR 7.6 LPA to 36 LPA
Entry-level positions for ACCA freshers in India are similar to those of Chartered Accountants and include roles such as:
As you progress into more senior roles, you'll have the potential to earn even higher salaries with top firms like KPMG, Deloitte, and Grant Thornton.
ACCA Salary in Australia
In Australia, ACCA members are recognized by institutions like the Institute of Public Accountants (IPA) and the Certified Practicing Accountant Australia (CPA Australia). The salary range for ACCA professionals in Australia is between AU$53,000 and AU$100,000 annually.
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ACCA Salary in Canada
In Canada, an ACCA certification is equivalent to a Bachelor's degree, and professionals can earn between C$ 71,000 and C$ 117,000 annually.
ACCA Salary in the United Kingdom
In the UK, earning an ACCA certification is considered equivalent to a Bachelor's degree in accountancy, and passing the Strategic Professional exams is viewed as equivalent to a Master's degree. Salaries in UK for ACCA-certified professionals range from £21,000 to £51,000 per year, with the potential for higher earnings as you gain experience.
