As a finance professional in Asia, obtaining a Global Certification in Professional Accounting can be a significant career milestone. However, it’s essential to have realistic expectations about the opportunities of the CMA/CPA/CFA/CIA certifications and challenges that come with these certifications specially for those who want to work in the USA.
Recognition and Career Opportunities
- Global Recognition: US CMA/CPA/CFA/CIA certifications are highly respected globally, and can open doors to career opportunities in the US and internationally.
- Career Advancement: These certifications can demonstrate expertise and commitment to your profession, leading to career advancement opportunities in your current organization or industry.
- Job Opportunities: While these certifications can increase your job prospects, the US job market is highly competitive. Be prepared to network, build relationships, and gain relevant experience.
Visa Requirements and Immigration to work in the USA.
- Work Visas: Depending on your nationality, you may need to obtain a work visa (e.g., H-1B) to work in the US. This process can be lengthy and uncertain. Along with your CPA or CMA, some students are pursuing their Masters in Accounting in the US Universities in order to get a 2 years of job visa in the USA (as Accounting has been included under STEM Subjects nowadays.) However this process too cannot guarantee you that you don’t have to come back to your country after 2 years.
- Immigration Laws: Familiarize yourself with US immigration laws and regulations, as these can impact your ability to work in the US.
Cultural Adaptation and Language Skills
- Cultural Differences: Be prepared to adapt to a new work culture, language, and customs in the US.
- Language Skills: Improve your English language proficiency to enhance communication and job prospects.
Certification Maintenance and Professional Development
- Certification Requirements: Understand the certification maintenance requirements, including ongoing professional development and adherence to certification requirements.
- Professional Development: Stay up-to-date with industry developments and updates through ongoing professional development and training.
Alternate Path of Success: Start working with US MNCs/BIG4s in Asian Countries and shift to their Head Quarters with more efficiency and experience
- Offshore Opportunities: Many US MNCs and BIG4 companies have offshore branches in Asian countries, such as India, Middle East countries, Singapore, Malaysia, China, and others.
- Career Growth: Working with these companies in Asia can provide similar career growth opportunities as working in the US, with the added benefit of being closer to home.
- Cultural Familiarity: You’ll have the advantage of being familiar with the local culture and language, making it easier to navigate the work environment.
Benefits of Working with US MNCs/BIG4s in Asia
- Global Exposure: You’ll gain experience working with global clients and teams, enhancing your skills and knowledge.
- Competitive Salaries: Salaries for professionals working with US MNCs/BIG4s in Asia are often competitive with those in the US.
- Career Advancement: You’ll have opportunities for career advancement within the company, potentially leading to leadership roles or international assignments.
Countries with US MNC/BIG4 Presence in Asia
- India
- Singapore
- Malaysia
- China
- United Arab Emirates (UAE)
- Saudi Arabia
- Hong Kong
Tips to follow
- Research: Look into US MNCs/BIG4s with operations in Asian countries and explore job opportunities.
- Networking: Connect with professionals working in these companies and industries to learn more about their experiences.
- Language Skills: Develop language skills relevant to the country and industry you’re interested in.
- Cultural Adaptation: Be prepared to adapt to the local culture and work environment.
By understanding the realities of both Asian and US job markets and exploring all possible paths, Asians with CMA/CPA/CFA/CIA degrees can make informed decisions about their careers and leverage their skills and knowledge to succeed in the global market. To discuss more about this don’t hesitate to write our experts at info@upliftprofessionals.in