Do you have your passports ready ?

01 April 2007 |

I came across one of the emails circulated in the yahoogroup by Jatin

"Dear Fellow Cost Accountants

I always wanted an opportunity in IT; not because it pays more - but it is one which gives more Job satisfaction. Atleast you are not doing the same job again and again.

Each time its a new client and perhaps a totally new solution. I am yet to get into this world myself though. However I plan to share this unique opportunity that is being offered by a company called proteus (www.proteus-it.com)

They are asking for CA / ICWA with relevant accounting / costing experience of 3-5 years to join them. A expert team of consultants shall be responsible for grooming the consultants.

However they are very keen on the specific experience. My friends with audit and banking experience were turned down. I thought what they had to share did sound reasonable to me..... well those of you interested could write to careers[at]proteus-it.com and check out
whether you can also be considered. Wish you all the best. And if you do become a international hot-shot SAP consultant soon - you know whom to thank..............

regards

Jatin G "

The world has opened for accountants to know the international practises and to earn more. Way back in 1994, my Senior Manager - Audit with over 15 years experience had a gross salary of Rs 200,000 and it was considered to be a high salary then.

Now with the advent of IT, the whole scenario has changed. Those who are/were open to change learnt the world's best practises while implementing the ERP solutions. Their accounting knowledge widened. Management Accounting skills become robust. SAP has Cost Centre/ Profit Centre/Internal Order/Profitability Analysis to cater to management accounting requirements. Now the reporting requirements are fulfulled by Business Warehouse. With the new GL features, it would help the organisations to do segmental reporting.

Implementations of these ERP solutions in Indian companies made the companies adopt best solutions. Accountant's life has become easier. As Jatin says "you are not doing the job over and over again".

IT has opened opportunities for Cost Accountants. I have seen more cost accountants in SAP implementation than Chartered Accountants. The prime reason, ICWAs moved one looking for better opportunities. The implementation helped them to know the business better. I feel that people who have 3 to 4 years in accounting should definitely move on ERP Consulting to start. Then stay in consulting for another 5 - 7 years. Same as Mckinsey Consultants. They are in consulting for few years and then they move back to management positions in the companies.

There is a boom in investment banking, insurance and other areas. So watch the space.

I have been posting the jobs that come to my mailbox on http://iaccountant.proboards80.com/index.cgi?board=jobsposts
so keep track of them.

Who knows you may also change your career. Keep your passports ready.

Regards,

Santosh Puthran
AICWA

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