Dreaming of life beyond balance sheets and audits? Well, it's time to break free and explore the world of alternative careers with no-code. This article will introduce you to some of the most interesting career paths where your skills as a former accountant can be put to great use.
Attention all number crunchers and bean counters! Are you tired of the traditional accounting path?
Gone are the days when being an accountant meant sitting at a desk and staring at spreadsheets all day. With the rise of technology and the gig economy, the world of work has opened up to countless exciting opportunities that require the analytical and problem-solving skills that accountants like you, possess.
We've got the ultimate list of alternative careers for accountants who want to spice up their professional lives:
So put down that calculator and get ready to explore the top 6 alternative careers for you!
Read on to get insights about each job option, the potential income it can provide, and how no-code development can help you transition your career from an accountant to a role that will make you wonder why you didn't pursue it sooner. Ready to break free from the spreadsheets and pivot tables?
Ready to crunch numbers in a whole new way? As a financial analyst, you'll be responsible for tracking financial performance and analyzing data to drive strategic decision-making.
With your background as an accountant, you already have the skills to analyze and interpret financial information with ease. In this role, you get to use your attention to detail and analytical skills to help companies make informed decisions about their financial future.
Earning Potential
The average salary for a Financial Analyst is $47,464 per year in the United Kingdom. The earning potential typically falls between $54,915 - $79,704.
Skills To Develop To Transition To Financial Analyst
Financial analysis skills, Data analysis, Excel proficiency, Problem-solving, Business acumen
Looking for a career with a little less balance sheet and a little more human interaction? Tax consulting may be just the ticket.
In this role, you get to use your expertise to save clients money by finding ways to legally reduce taxes and help them navigate complex tax laws. As an accountant, you already have analytical skills, bring a keen eye for detail, and an understanding of financial systems.
Earning Potential
The average salary for a Tax Consultant is $45,334 per year in the UK. The earning potential can range between $24,000 to $79,000 per year.
Skills To Develop To Transition To Tax Consultant
Tax law knowledge, Analytical skills, Research skills, Problem-solving, Technical skills
Ready to take your number-crunching expertise to the next level? As a financial planner, you'll help clients navigate their financial future and achieve their monetary goals. From retirement planning to investment strategy, you'll be the go-to guru for financial advice.
With your background as an accountant, you already have the skills to navigate complex financial systems and make sense of the numbers.
Earning Potential
The average salary for a financial planner is approximately $51,400. The earning potential can range between $28,400 to $99,400.
Skills To Develop To Transition To Financial Planner
Investment knowledge, Taxation, Risk management, Retirement planning, Analytical skills
As an investment banker, you get to be the money magician, turning financial deals into gold. You'll be responsible for raising capital, structuring deals, and providing expert financial advice to clients. As an accountant, you already have the skills to understand complex financial structures and manage risks.
Earning Potential
The earning potential for investment bankers can range from $44,000 to $120,000 per year, depending on their experience, seniority, and location.
Skills To Develop To Transition To Investment Banker
Financial analysis, Investment knowledge, Negotiation, Risk management, Research
Feel like accounting was just too predictable for you?
A career in stock market trading might be the adrenaline rush you need. As a stock market trader, you'll buy and sell securities, analyze market trends, and make split-second decisions that impact the bottom line. As an accountant, you already have the financial expertise to understand complex data, analyze market trends and make smart trades.
Earning Potential
According to a survey conducted by Emolument, the average total compensation for a stock trader in London is $208,000 per year, with a range of $76,000 - $150,000 per year, depending on the trader's experience and performance.
Skills To Develop To Transition To Stock Market Trader
Decision-making, Numeracy, Emotional intelligence, Technical analysis, Investment knowledge
Looking to blend your love of finance with your tech-savvy side? As a financial software developer, you'll bring your financial expertise to the world of technology. You'll create tools that help accountants (and other finance professionals) do their jobs more efficiently and effectively.
With your background as an accountant, you have the financial know-how to create software that streamlines financial processes and manages data. In this role, you get to use your expertise to build cutting-edge financial technology and make a big impact on the industry.
Earning Potential
The average salary for a software developer in the finance industry is $83,000 per year, with a range of $55,000 to $120,000 per year.
Skills To Develop To Transition To Financial Software Developer
Programming/No code, Database management, Technical skills, Research, Financial problem solving
If you're ready to explore new career opportunities but feel held back by your technical limitations, don't pass. No-code development is the answer you've been searching for.
Keep reading to learn more about no-code and discover how you can use it to achieve your career goals.
No-code development is a sort of web development that allows you to create websites, web apps, mobile apps, task automation, and much more, without writing a single line of code.
The earning potential can range between $30,000 - $130,000 or even more if you have a strong portfolio and advanced skills.
For accountants who are comfortable working with technology, transitioning to no-code development may be a relatively smooth process. Moreover, appropriate training, guidance, and practice can easily help them to get a hang of no-code development.
Know the basics: Before diving into no-code tools, it's important to have a fair understanding of key concepts such as database design, user experience, graphic design, etc.
Invest in courses or guides: Investing in online courses or certifications is an amazing way to fast-track your learning curve.
Foundations program is a 6-week cohort-based program designed to help you re-invent your career by learning tech skills without code.
Get hands-on experience and practice: Try out different no-code platforms and build sample projects to gain practical experience and truly master the tools.
