Today retail Industry is not just expanding but also getting more organized. This shift has attracted many to join courses related to retail industry such as retail marketing and merchandizing. The rising trend in retail industry is generating new jobs for educated and specialized staff in the world of fashion retailing. A person having degree and experience in such field is able to demand higher pay packages. If you have interest in retail industry, you can see a brighter career in the following areas:
Purchase
Increased customer bargaining power and competition is drawing the attention of retailers towards purchase decisions. Most of retail companies have a buying team which is responsible for developing and bringing a product range which not just attract customers, but are also profitable. Customers are aware and smart enough to evaluate the product’s price and quality. So as a part of buying team you will be required to bargain for the best possible price with suppliers. In many organizations, the responsibility of in-store displays, brand management and quality control is on buying teams. If you are a graduate, having good negotiating skills and some shop floor experience, you can opt for career in buying. It is also important that you should have some affinity for products in which you are going to deal.
Merchandising
Merchandisers work in coordination with buying teams at head office. Their tasks involve controlling the departmental operations, keeping records of stock, analyzing historical as well as current sales trends. As a merchandiser you will be forecasting the future scenario in terms of consumers’ purchase preferences and competitors’ moves. To pursue a career in this line you need to be a retail-aware graduate with sound numerical abilities and good communication skills.
There are a lot of different careers in the accountancy field. It ranges from bookkeeping, auditing, until you reach the position of financial officer. As the position title goes higher, you can expect higher salaries. However, in order to achieve these positions and professional designations, you need to get an accountancy degree.
One of the very important milestones in the life of an accountancy graduate is becoming a CPA or Certified Public Accountant. How can you be a CPA? Firstly, you need to finish college, majoring in accountancy. A CPA exam is conducted and you have to pass it. If you want to be part of CPA firms, you need to comply with certain employment experience and requirements which could take about 2 years. after completion of the requirements, you will given a certification as proof that you're already a CPA. Now, you can offer accounting services to people.
Being a CPA is merely a stepping stone to an accountancy career. Controllers are the chief accountants of certain companies and offices. They are in charge of supervising the accounting system of the business. Controllers see to it that the business follows tax laws to maintain its legality and they are also responsible in preparing the business? financial statements.
Aside from the tasks mentioned earlier, controllers also take charge in budgeting and financial planning. Businesses, big or small, need accountants. However, in the case of very small businesses, owners can do the accounting tasks. Bigger or larger businesses need accounting personnel to handle all the accounting works. As the business expands, it needs to hire additional employees. It is also the task of the accountant to determine if the company can afford to hire additional employees without negatively affecting the growth of profits.
Accounting involves a lot of paper work. Professional accountants need to prepare tax returns which are very much complicated than income tax returns of individuals. The chief accountant of the company is also responsible for setting broad objectives for the company's growth and development. Their aim is to gain more profits because this will be the proof for the success of the business.
Being a CPA, a professional accountant, or a chief accountant are just few of the many careers in accountancy. There are still other careers out there that you can pursue for as long as you're a graduate of accountancy. How can you find the many careers in accountancy?
That's very simple. You can start by logging on to the internet. There are specialized websites that offers job opportunities in accountancy. You can search these sites and find a job opening that you can qualify for. Make sure that you send your complete resume to the employer or the employment agency. If you do qualify for the job, you will be notified or informed.
In choosing among the careers in accountancy, you have to know your strong points and weak points. That way, you can choose a career that best suits your capability. You must always remember to choose a career that you like. If you love your career, you will not ask for anything else; you will be contented.
Start now and look and look for a career in accountancy while you're still young. New accountancy graduates are produced every year and so you mustn't lose hope if you still don't have a career right now. Exert some effort and time and soon you will have a rewarding career.
Both Fibre2fashion Dharmesh & Aubrey Walker are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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