Career Pathways – B.COM

What kinds of positions are held by those who have an undergraduate degree in Commerce?

  1. Bookkeeping, accounting and auditing clerks focus on monitoring and maintaining a company’s financial records. Duties typically include coding documents according to procedure, recording and summarizing numerical data on behalf of the company and reconciling any financial discrepancies found all while complying with state and company policies.

  2. Accountants are responsible for all accounting and finance activities, including payroll administration, preparation of accounts, balance sheets and tax returns, and invoice management. In medium or large enterprises, an accounting may be part of a team, reporting to an experienced accounts manager. As a part on a consulting firm they are responsible for the preparation and checking of clients’ business accounts, bookkeeping, tax returns and other financial documentation, which are then certified by supervising accountants.

  3. Auditors are specialists who review the accounts of companies and organisations to ensure the validity and legality of their financial records. They can also act in an advisory role to recommend possible risk aversion measures and cost savings that could be made. They work in the accounting departments of firms and with independent chartered and certified firms, examining the money going in and out of organisations and making sure it is recorded and processed correctly.

  4. Forensic Accountants combine their accounting knowledge with investigative skills, and is specialised form of Audit.  They may be employed by public accounting firms’ forensic accounting divisions, by firms specializing in risk consulting and forensic accounting services, or by lawyers, law enforcement agencies, insurance companies, government organizations, or financial institutions. The heightened awareness and intolerance of fraudulent activity has seen the rise for forensic accounting.

  5. Payroll administrators ensure that all staff receive their wages accurately and on time, usually on a monthly basis. While the most visible function is producing the pay slips every month, the work includes close communication with managers and HR colleagues to find out about new recruits, promotions, and agreed benefits packages, to name a few.

  6. Tax advisors help commercial and private clients in tax planning and compliance according to statutory and regulatory rules, maintaining proper records, and ensuring exact tax rates are applied and correct amounts are deposited with the prescribed authorities.

  7. Risk assessors methodically identify risks, evaluate them and recommend the appropriate actions to take; for example, if a client wants to expand their business, they’ll need to consider the costs of staff numbers, the available pool of skills, the technology required, competitor reactions and supply chain disruption. A risk assessor requires numerical and analytical skills. Insurance advisers are the intermediary in insurance-based transactions between insurance companies and an individual or commercial client. They sell and manage insurance products across companies and risk types.

  8. Financial consultants help a business increase shareholder value and improve capital efficiency. Their job may be to help put a mergers and acquisitions (M&As) package together or design a compensation strategy for company executives. Many consultants work within the corporate finance division of a business. Others may work independently or within third-party consulting firms.

  9. Financial analysts often work for an investment bank or asset manager. They examine financial and nonfinancial information, micro and macroeconomic data, and other variables to evaluate the financial health of a company. They frequently use this analysis to make a recommendation about the company that they analyze, such as to buy or sell a stock.

  10. Financial traders buy and sell financial products, such as bonds, shares and assets, on behalf of investors, i.e. investment banks, large companies and wealthy individuals. These professionals liaise with investment analysts, and use their own analytical skills and financial knowledge to survey the financial markets and make predictions. Their ultimate aim is to make as much money as possible for their client, whilst reducing financial risk.
Application Form