How to Become a Senior Account Manager

As per PayScale   website, Senior Account Manager's salary is Rs. 12,00,000 to 24,00,000 per year. Senior Account Manager who gets this salary is normal person like me and you but he achieved some extra skills which makes him capable to get this annual package. You can also become Senior Account Manager if you will follow my steps:-

Step A : To Get Required Qualifications

Every company wants higher educated senior account manager. M.Com, MBA, CA, ICWAI and CS are main higher education. If you have obtained any one of qualification, to obtain other qualification is not difficult. If you have cleared M.Com, CA or ICWAI is not difficult for you because almost same subjects in all type of higher education. If you have to achieve higher position of Senior Account Manager, get all educational qualification one by one. If you do not want all, minimum one higher qualification, you must get.

Step B : To Get Required Experience

There are two type of experience, you need for senior account manager. One is work experience. Second is responsibility and accountability experience. No company makes you senior account manager after the first day of completing your higher qualification. You have to get work experience as trainee, account assistant, accounts executive, accountant and account manager. You have to spend 10 years  to 15 years in these position. We all spend the time but some feels happy to spend time by doing work. Every day of your duty will count as experience. I can give my own example. From 2001, I have been working. From 2001 to 2013, I feel happy to do work. I want to use my time for learning and working. Others will say, it is your experience but for you, it is your learning. Never fear, when a company asks 10 to 15 years work experiences. 10 to 15 years will spend just like 10 to 15 days if you love to accounting.

Now, we talk about responsibilities and accountabilities experience  

It is very important where did you work? If you have worked in many big companies and organisation, you will have big responsibilities and accountabilities experience. If you have spent your 10 years in a very small firm as machine or slave, there is no chance of your growth. You should have following responsibilities and accountabilities experience.


 

You should have experience for Prepare Financial statements and notes to accounts.

     

You should have experience to Propose and execute upon continuous improvements to the accounting, reconciliations and reporting process.

  

You have experience to Translate difficult technical accounting concepts into executable, operational controllership.

      

You have experience to Prepare / Review of Annual Reports, Annual Returns and Quarterly Returns.

  

Experience in Tax (Direct & Indirect)

Step C : To Get Required Skills

Not just experience for becoming a senior account manager, you have to get required skills. Skills are the art. For gaining skills, you spend your extra time for learning skills. Following are the main skills

 

Strong Communication – Both Written and Vocal

     

Strong Analytical Skills

  

Effective working knowledge of IT tools like MS Word, MS Excel (Strong) , MS Power point

      

High energy, strong influencing skills

  

Strong self-confidence

Related : How to Become Successful in Accounting