Accounting is one of the most important aspects of business, without which professional budgeting would be confusing and likely impossible to manage.
Accounting professionals are found all across the country working for a wide range of organisations, each with their own unique contribution to the betterment of business finance. (Read more about the difference between accounting and finance jobs.)
Here are eight of the highest-earning accountancy jobs in Malaysia, from least to greatest national average salary. These figures are aggregated from a wide range of data and should serve as a general guide; actual pay would vary significantly depending on the company and market you work in.
1. Accounting clerk
Monthly salary: RM2,000-RM3,000
Clerks are responsible for a variety of tasks that help accountants with the finances at an organisation. These include filing paperwork, tracking income and debts, creating reports, and maintaining records.
2. Bookkeeper
Monthly salary: RM2,400-RM2,600
Bookkeepers are responsible for maintaining the day-to-day monetary occurrences of a company. They are tasked with recording and presenting financial standings and reports to management and other supervisors.
3. Compliance officer
Monthly salary: RM4,200-RM8,000
Compliance officers are responsible for ensuring all filings, decisions and tasks are compliant with national laws regarding company finances.
4. Auditor
Monthly salary: RM4,800-RM8,800
Auditors review a business’ or individual’s financial filings to ensure calculations are correct and all finances are accounted for. Auditors can be called to randomly assess financial management, as well as be assigned specific cases where financial crimes are suspected.
5. Tax accountant
Monthly salary: RM5,500-RM10,000
Tax accountants are responsible for completing and filing tax returns for an individual or business. They collect all necessary information, submit accurate data, and calculate the outcome of tax returns annually.
6. Financial analyst
Monthly salary: RM7,200-RM9,300
Financial analysts are responsible for tracking the state of stocks, bonds, and other investments to make recommendations and predictions for organisations. Taking company and individual goals into account, they assess financial decisions that would be most beneficial.
7. Finance controller
Monthly salary: RM18,000-RM28,000
Finance controllers typically oversee the accounting department. Their responsibilities include ensuring organisations are compliant, preparing and maintaining budgets, creating financial reports, and more.
8. Chief financial officer (CFO)
Monthly salary: RM20,000-RM29,000
A CFO oversees and manages the overall economic and financial health of an organisation. They make high-level decisions to meet financial goals and strategise for long-term monetary health.
If you are pursuing a career in the accounting field, be sure to highlight related technical skills and certifications on your resume and, wherever possible, use numbers to measure the impact you’ve made in the course of your professional experience.
This article first appeared in jobstore.com, an online job site that specialises in providing jobseekers with the latest job opportunities by matching talented individuals with reputable companies in Malaysia. Find your dream job with over 40,000 job vacancies in Malaysia.