20 March 2024
Chartered accountants are one of the occupations in the USA that are in high demand. They are typically important in industries like consultancy, accounting, finance, and baking. Chartered accountants provide a variety of services, such as offering financial guidance, calculating tax liabilities, preparing financial records, and maintaining financial statements.
CAs in the USA are commonly offered attractive salaries compared to other nations and occupations. However, the salary earned by a CA in the USA depends largely on various factors like the kind of organization they work for, gender, location, qualification, experience, designation, job profile, skills, and certification. Typically, the average salary of a chartered accountant in the USA is approximately 105,000 USD. The general range is usually between 48,000 USD and 140,000 USD. but there is more to the story! Here is everything you need to know about the average CA salary offered in the USA in 2024:
What are the salaries offered to chartered accountants based on experience in the USA?
Here are the average salaries offered to chartered accountants in the USA based on their experience:
● Entry level:
A chartered accountant who holds up to two years of experience can quickly obtain an average salary between 50,000 USD and 70,000 USD per annum.
● Early level:
A chartered accountant with between two and five years of experience can get an average salary between 70,000 USD and 95,000 USD annually.
● Mid-level:
A chartered accountant who holds between five and ten years of experience can generally obtain an average salary between 95,400 USD and 110,000 USD each year.
● Experienced level:
A chartered accountant with between ten and fifteen of experience can easily get an average salary between 110,000 USD and 122,000 USD every year.
● Senior level:
A chartered accountant with around fifteen to twenty years of experience can typically obtain an average salary between 120,000 USD and 130,000 USD per annum.
● Executive level:
A chartered accountant who holds more than twenty years of experience can generally obtain a median salary greater than 130,000 USD each year.
What is the average salary for CAs in the USA for various professions?
With a chartered accountant degree, individuals can apply for various positions with different salaries. Here are the average salaries for chartered accountants in the USA based on different professions:
● Financial Analyst:
The average salary offered to financial analysts in the USA is between 65,000 USD and 100,000 USD.
● Tax Consultant:
The average salary offered to tax consultants in the USA is between 60,000 USD and 120,000 USD.
● Internal Auditor:
The average salary provided to internal analysts in the USA is around 70,000 USD and 110,000 USD.
● Chief Financial Officer:
The average salary presented to chief financial officers in the USA is approximately 120,000 USD to 250,000 USD.
● Forensic Accountant:
The average salary offered to forensic accountants in the USA is between 70,000 USD and 140,000 USD.
● Investment Banker:
The average salary provided to investment bankers in the USA is between 80,000 USD and 200,000 USD.
● Management Accountant:
The average salary presented to a management accountant in the USA is between 60,000 USD and 100,000 USD.
● Financial Planner:
The average salary offered to financial planners in the USA is between 50,000 USD and 120,000 USD.
What are the highest-paying cities for chartered accountants in the USA?
Salaries offered to chartered accountants in the USA depend on a variety of factors, including where you are planning to work. Different salaries have different salary ranges for chartered accountants. Here are some of the highest-paying cities for chartered accountants:
● San Francisco, California:
The average salary offered to chartered accountants in San Francisco is between 120,000 USD and 130,000 USD.
● New York City, New York:
The average salary offered to chartered accountants in New York City is between 105,000 USD and 110,000 USD.
● Washington, DC:
The average salary offered to chartered accountants in Washington, DC, is between 98,000 USD and 104,000 USD.
● Houston, Texas:
The average salary offered to chartered accountants in Houston is between 95,000 USD and 111,000 USD.
● Chicago, Illinois:
The average salary offered to chartered accountants in Chicago is between 92,000 USD and 97,000 USD.
● Seattle, Washington:
The average salary offered to chartered accountants in Seattle is between 90,000 USD and 100,000 USD.
Conclusion
The demand for chartered accountants in the USA is continually on the rise. There are more and more job opportunities opening up throughout different sectors in the country. With a CA degree, individuals can easily find career opportunities such as internal auditor, tax consultant, and financial analyst. Usually, the competitive salaries for various CA salaries range between 50,000 USD and 250,000 USD. International students who are interested in pursuing a career as a chartered accountant in the USA can pursue a master’s in accounting in the USA or a similar CA degree that can offer significant growth potential.
Contact our experts at Landmark Immigration for more information on study in USA.
