Top 5 Firms in India for Finance Professionals
By Aditi Bhat
“A chartered accountant’s signature is more powerful than a prime minister’s signature,” said the Indian Prime Minister Narendra Modi while addressing CAs on the foundation day of ICAI in 2017. That being said, there’s no better time for students to take up professional courses related to accounting in India.
India to become a hub for top accounting firms
PM Modi also mentioned that by 2022, he wants four Indian companies to join the world’s top four accountancy firms, making it the big eight. Presently, the top four audit companies in the world are PwC, EY, Deloitte and KPMG.
A headline catching attention in Business World stated that the new Indian tax regimen will result in an 11% increase in hiring in finance related fields. It translates to over 1,00,000 immediate openings in streams like direct & indirect taxation, accounting, data analysis and IT & software development.
So if you are pursuing a certification training in accounting, it is time to make the most of upcoming opportunities. There are various accounting roles you can grab in top firms by pursuing super specialized short term courses. Roles like internal auditors, budget analysts, and even forensic accountants offer great salary packages and tons of opportunities to have a fruitful career. And here are the best companies in India to kick start your accounting career.
Top accounting firms in India
Deloitte has a long established leadership in auditing and has its presence in over 150 countries. The company’s employee base is over 225,000 and it enjoys the biggest market share in India while competing against over 500 companies. Starting your career at Deloitte can enable you to learn and gain valuable experience in a short time.
Online training programs in related fields can help you in increasing your chances of landing a job in this company.
2. Sachin Gujar & Associates (SGA)
An Indian company based in Pune is making waves in the market as a top CA firm. SGA has completed two decades of service in the industry and has earned the trust of both its clients and employees. SGA hires extremely talented and qualified associates to meet its vision of exceeding client expectations by offering customized solutions.
There are distinct advantages of starting your career in an Indian company. Your talent will be recognized sooner as a fresher. If you are a finance student with an in-depth understanding of the Indian economy, working for local clients will give you the opportunity to showcase your skills better.
3. Ernst & Young
Yet another dream company for finance students, Ernst & Young is counted among the big four accounting firms in India. It has offices located in metros like New Delhi, Pune, Chennai, Kolkata, Bengaluru and also in tier 2 cities like Ahmedabad. With employee strength of over 175,000, the company provides services in taxation, advisory, audits and consulting.
Headquartered in Netherlands, KPMG is also one of the big fours in India. It has a staggering employee strength of 150,000 professionals working across major cities in the world. India is counted in one of the largest bases for KPMG so getting your first job here is a big advantage. KPMG offers services related to audit, risk management, advisory and financial consulting.
Taking up certification courses in risk management and consulting is a good way to get a better starting salary than your peers.
PricewaterhouseCoopers is a multinational company headquartered in the UK. With its offices in 159 countries and over 180,000 employees working around the globe, it’s also counted amongst the big four companies to work for in India. It caters to diverse clients with services like advisory, audit, consulting and legal services.
Well begun is half done
Your first job lays the foundation to your career. You can enhance your employability by investing in part-time courses. Remember, recruiters always prefer candidates who have a strong resume with additional skills and the thirst to learn.