Chartered Accountants or CAs take care of the financial health and integrity of individuals, businesses and organisations. With over 3.93 lacks registered CAs with the ICAI, they play an important role in guiding financial decisions, maintaining compliance and offering strategic insights to foster economic growth.
CAs can find employment in both the public and private sectors. Their salaries can vary based on their job profiles and roles. The estimated monthly salary of a CA in the government in India is between INR 1.33 L to INR 1.37 L. With experience, they can earn up to INR 23 LPA in India. The average salary of a CA is INR 20.25 LPA across different Specialisations.
The sections below discuss the various job opportunities for CAs across government sectors along with their Average Salaries for various specialisations and types.
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Who are CA
Chartered Accountants (CA) are professional accountants who provide various financial and business services to people and organisations like auditing, taxation, advisory services, financial analysis and more. They go through vigorous education requirements set by ICAI to become qualified CAs.
Based on their roles and specialisations, CAs can be of many types. A regular CA provides financial and business advice, performs audits and manages taxes for a business or individual. Specialised CA includes Audit and Assurance Manager, who plan and execute financial audits, Taxation Manager, who manages tax planning and other activities and many others, each addressing specific financial conditions.
Jobs for CA
CAs provide financial advice, conduct audits, ensure compliance and offer strategic insights to individuals, businesses and organisations. Based on their roles and specialisations, CAs can be of different types. A financial advisor helps people and businesses make informed financial decisions while a management accountant analyses financial data and provides insights to support decision-making.
Tabulated below is the job description of CA along with their average salaries for each specialisation.
CA Profile | Job Description | Average Annual Salary (INR) |
---|---|---|
Audit and Assurance Manager | Oversee the planning and execution of financial audits to ensure compliance with regulations. | 16 L |
Taxation Manager | Manage the tax planning, compliance and reporting activities for organisations to optimise tax efficiency. | 15.10 L |
Financial Advisor | Help people and businesses make informed decisions about investment, financial planning and wealth management by providing guidance. | 12.08 L |
Management Accountant | Analyse financial data and provide insights to support an organisation’s decision-making and strategic planning. | 9 L |
Forensic Accountant | Investigate financial records to prevent and uncover financial irregularities and fraud. | 9.90 L |
Corporate Finance Manager | Aids in the strategic growth and financial performance of an organisation by overseeing activities like mergers and capital raising. | 16 L |
Chartered Accountant Audit | Examine and assess the organisation’s financial practices to ensure the accuracy and integrity of financial statements. | 8.60 L |
Chartered Finance Accountant | Provide organisations with financial management, analysis and planning services. | 7.60 L |
Govt Jobs for CA
CAs are sought-after professionals for various government roles due to their expertise in taxation, auditing and financial management. Government jobs are preferred over private ones because of their job security and various benefits.
Some of the top govt jobs for CA across various parameters along with their average salaries are discussed below.
Experience Wise
Tabulated below is the experience-wise salary of CAS employed across various government institutes and companies.
Experience Years | Average Annual Salary (INR) |
---|---|
1 - 5 years | 7 L |
6 - 10 years | 8.60 L |
10 years and above | 10 L |
City Wise
The salary for CAs can differ based on their location. The salary of a CA in various cities is mentioned in the table below.
City | Average Annual Salary (INR) |
---|---|
Bangalore | 9.50 L |
Mumbai | 8.80 L |
Chennai | 8.40 L |
Hyderabad | 8 L |
Pune | 7.60 L |
New Delhi | 7.60 L |
Kolkata | 7 L |
Ahmedabad | 6.50 L |
Sector Wise
CAs are employed across both private and public sectors across various government institutes. The sector-wise salary of CAs is tabulated below.
Sector | Average Annual Salary (INR) |
---|---|
Public Sector | 7.36 L |
Private Sector | 7 L |
Govt CA Jobs
Candidates have to clear the exam conducted by ICAI, which is a three-stage process. Some of the top govt jobs for CA along with their average salaries are tabulated below.
Job | Offering Institute | Average Salary (INR) |
---|---|---|
Accounts Officer | UPPCL | 56,100 - 1.77 L |
Generalist Officer | Bank of Maharashtra | 48,170 - 78,230 |
Management Trainee | EXIM Bank | 55,000 |
Accounts Officer | BSPHCL | 36,800 - 58,600 |
Deputy Manager | NPCIL | 56,100 |
Assistant Manager | IRDAI | 44,500 - 89,150 |
SBI SO | SBI | 36,000 - 79,230 |
Assistant Manager | SIDBI | 28,150 - 70,000 |
Assistant Accounts Officer | DDA | 34,800 |
Assistant Manager | UPMRC | 50,000 - 1.60 L |
Top Recruiters
Some of the top government companies and departments that hire CAs across various specialisation are tabulated below.
Name of the Institute | Location |
---|---|
GAIL | New Delhi |
SAIL | New Delhi |
UPPCL | Lucknow |
Bank of Maharashtra | Pune |
NPCIL | Mumbai |
IRDAI | Hyderabad |
BSPHCL | Patna |
UPMRC | Lucknow |
Govt Jobs for CA: FAQs
Ques. How can a CA get a government job?
Ans. CAs have to appear in competitive exams conducted by various government departments and agencies to secure positions requiring financial and accounting expertise.
Ques. Is ICAI a government body?
Ans. ICAI operated under the Ministry of Corporate Affairs, Government of India and is the largest professional accounting body in the country.
Ques. Is CA still in demand?
Ans. Because of their expertise in finance, compliance and accounting, which are essential for businesses and people, there is a good demand for CAs in India.
Ques. Who is the highest-paid CA in India?
Ans. Kumar Mangalam Birla is the highest-paid CA in India and serves as the chairman of BITS.
Ques. Is CA a stressful job?
Ans. Being a CA can be stressful due to the demanding nature of the work, high responsibility levels and tight deadlines.
Ques. Does CA have scope in future?
Ans. CA will continue to have a significant scope due to its role in finance, taxation and businesses across various sectors.
Ques. Name some top government recruiters of CA in India.
Ans. GAIL, SAIL, IRDAI, NPCIL and SBI are some of the top government recruiters of CA in India.
Ques. What is the salary of a taxation manager in India?
Ans. The average salary of taxation managers in India is INR 15.1 LPA.
Ques. How much a CA can earn at the start of a career?
Ans. CAs can earn up to INR 5.7 LPA at the start of their career.
Ques. What are the disadvantages of CA?
Ans. Long working hours, tight deadlines, high-stress levels and ongoing learning are some of the top disadvantages of CA.
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