Bank Accountant Career


A bank accountant career revolves around book-keeping primarily. As a bank accountant one will have to keep a record of all financial transactions of a bank. These transactions can vary from sales of banking products to inventories, income of bank employees, and payment to banking customers. Hence knowledge of accounts and ledger maintenance is of utmost importance for following a bank accountant career.

How to become a Bank Accountant:

In order to pursue a bank accountant career one needs to have basic educational qualifications in finance and related subjects. A chartered Accounting degree can prove to be a value addition in the initial stages of the career. Apart from this, one needs to be good in mathematics and should have interest in banking and commerce.

Bank Accountant career courses, training, programs:

A bachelor’s degree in commerce is the most appropriate in order to kick start bank accountant career. One can always opt for a bachelor’s degree or Associate’s degree in accounting, which will help them to understand the basics of accounting and thorough knowledge of book-keeping. Most of these courses are for three years and one can even opt for specialization courses in chartered accountancy to add more value and to help them find a job in prestigious banks.

Bank Accountant career schools/colleges, education:

A bachelor’s degree or Associate’s degree in accounting focuses on finance based curriculum. The course programs offer an insight into various accounts related subjects and help in analyzing accounting records and financial statements, understanding what Generally Accepted Accounting Principles (GAAP) stands for, creating awareness on federal income tax concept, and providing insight into cost accounting in banks.

Top 5 colleges/universities:

Minnesota Schools of Business

Ferris State University

McCombs School of Business

Marshall School of Business

DeVry University        

Bank Accountant job opportunities, salaries/pay:

The average salary for a Bank Accountant in the USA varies from $25,838 to $37,000 annually. A bank accountant is also eligible for bonuses, which average between $500 and $630.

 

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Banking Job Duties

Category: Banking Careers

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