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How do I Become a Revenue Accountant?

By Jessica F. Black
Updated: May 17, 2024
Views: 3,207
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The primary key to become a revenue accountant is an extreme efficiency in mathematics and an education based in business and finance. Students who realize early in life that he or she would like to become a revenue accountant may begin focusing his or her studies and extracurricular activities on various mathematical aspects. Most accounting jobs require a degree in business and may prefer previous experience in the field. This position includes being directly involved in a client's financial affairs, which is a large responsibility that calls for financial finesse.

Students should find a four year undergraduate program that is based on accounting. Aside from general coursework, students will usually take classes in economics, statistics, computer fundamentals, commercial and banking mathematics, and finance. This program will usually offer a bachelor's of science (B.S.) degree, and students should major in accounting. Internships are usually offered to undergraduate students during a semester or over the summer. In order to become a revenue accountant, students should volunteer for internships with accounting firms and request to work under a senior revenue officer.

Although many positions may not require further education, a master of accountancy degree is beneficial for students who hope to become a revenue accountant directly after graduation. This is generally a senior-level position that involves supervising an accounting team and most companies will not hire an employee unless he or she has extensive experience or extended schooling. Revenue accountants have many responsibilities including controlling a company's assets, incoming revenue, loans, and debts, as well as overseeing the accounting department to ensure that all records are properly kept.

In addition to a bachelor's and master's degree, there are also accounting certification programs that may aid students to become a revenue accountant. Certification programs vary depending on location, and students should research local requirements. Internships should be continued if the student decides to further his or her education. Many candidates choose to work in a related field while working on his or her master's degree and necessary certification courses.

Entry level positions are usually revenue analysts, but this is a lucrative field that offers career advancement. Applicants should not be discouraged if he or she is not immediately hired as a revenue accountant because advancement often happens quickly. Salaries are usually high but depend on the company and the position. Usually after five to eight years, revenue accountants are eligible to become revenue directors, who have increased responsibilities and salary.

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