US CMA Jobs In Switzerland & Salaries Throughout The Careers

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US CMA Jobs In Switzerland & Salaries Throughout The Careers

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Switzerland is world-famous for several reasons: technically perfect watches, awe-inspiring locations for Bollywood films, and state-of-the-art banking and finance systems.

It’s no secret that this small nation has a robust economy and an exceptional range of financial services which includes, global banks, asset management companies and insurance firms. Switzerland has remained a financial powerhouse even in times of international economic crisis. This country’s strong government policies and consistent financial stability have attracted the biggest global companies and nurtured home-grown corporations.

However, they are now facing a challenge of their own. The demand for qualified financial specialists in Switzerland is at an all-time high, and unfortunately, they don’t have enough skilled workers to fill it. The Swiss financial sector is struggling to fill the labour gaps. According to the 2023 EURES report on shortages and surpluses, there are 41 occupations with the most job vacancies. Accounting is number 15 on that list.

The Swiss government has modified immigration laws to enable qualified professionals to get work permits faster. This helps non-Swiss workers to find jobs in cities like Geneva, Zurich and Bern quite easily if they follow protocol and have a high-value resume. The US CMA Certification is one such qualification that attracts potential Swiss companies.

You can use your credentials as leverage to secure a lucrative CMA US salary in Switzerland. If you are planning on taking the US CMA course and dream of working in Switzerland, then stick around, as we investigate how you could work for one of the world’s most competitive economies.

Job opportunities for US CMA professionals in Switzerland

Switzerland has a thriving financial sector, a prosperous economy and a flourishing job market. It’s the perfect trifecta for US CMA professionals. It’s not easy to find jobs as a foreigner, but it’s not impossible if you have the qualifications needed to work in the country. The three most wanted finance professionals are financial controller, senior accountant and senior internal auditor; according to Robert Walters, one of the top recruitment agencies in Europe.

If your credentials and experience match the job requirements, you stand a good chance of receiving an offer letter and an attractive CMA US salary in Switzerland. So how does one apply for a job position? You can work with an international company in India and receive a transfer to one of their offices in Switzerland. You can also look for openings on various online job portals such as Indeed Switzerland, jobs.ch, jobup.ch, etc.

Looking For US CMA Classes In Your City? Enrol In Proschool’s Next Batch!

US CMA salary in Switzerland

The Swiss workforce enjoys the benefits of working in one of the highest-paying countries in Europe. Switzerland is home to highly developed industries and several of the world’s top multinational organisations, the salaries will reflect this fact. Since Switzerland has not joined the European Union, you earn in Swiss Francs and not euros. This is a good thing, as the Swiss Franc is one of the strongest currencies. One franc is equal to 1.15 USD and 95.54 rupees.

So how much does an experienced CMA professional earn? The average US CMA salary in Switzerland is CHF 139,385. There is an additional bonus of CHF 6,913 as well. Remember, salaries will differ as the exact amount depends on your company and geographical location. Here is a basic breakdown of US CMA salaries in Switzerland:

Entry-level US CMA professional CHF 97,145
Mid-level US CMA professional CHF 139,385
Senior-level US CMA professional CHF 172,656

US CMA salary in Switzerland vs other finance certifications

  • Experienced CPA professionals earn an average annual income of CHF 113,216.
  • Skilled chartered accountants make around CHF 105,000.
  • Mid-level ACCA professionals receive a yearly salary of CHF 117,000.

 

Also Read – US CMA Scholarship: What is its eligibility & how can you apply?

US CMA jobs in Switzerland

You must be a high-calibre professional to work in Switzerland, especially as a foreigner. The country has one of the world’s best finance and banking sectors, so expect a very competitive job market to match the high US CMA salary in Switzerland. Companies look for candidates who possess cutting-edge industry skills and the latest financial knowledge. It also helps to be fluent in either English, French or German. While it is true that Swiss citizens get preference over outsiders, if there are job openings that can’t be filled by the locals, then you can get lucky with a US CMA certification.

Job profiles for US CMA professionals in Switzerland:

  • Management Accountant
  • Internal Auditor
  • Cost Accountant
  • Financial Analyst
  • Treasurer
  • Corporate Controller
  • Financial Accounting Manager
  • Financial Reporting Manager
  • Accounting Director
  • Finance Controller
  • Chief Financial Officer

Top Swiss companies who hire CMA professionals:

  • Credit Suisse
  • PwC
  • Lufthansa Group
  • Angst+Pfister
  • EY
  • Grant Thornton
  • Mazars
  • Doane Grant Thornton
  • BDO
  • Johnson and Johnson

 

Also Read – US CMA Jobs In The USA & Salaries Throughout The Careers

Working in Switzerland vs. Returning to India

If you ever get the chance to work in Switzerland, take it! It is an incredible opportunity for you to push your career to another level. You’ll gain tremendous knowledge, develop new skills, and network with some of the biggest professionals in the world. You also earn a lucrative US CMA salary in Switzerland.

However, there could be a fork in the road at some point. You may have to consider whether to continue working abroad or if it is a better career move to return to India. There are some factors to consider before making this big decision.

SWITZERLAND INDIA
The work culture is organised and conservative. The work culture is a blend of traditional and modern values.
Work starts and ends on time. Private time is valued. Work timings are longer.
Relationships between peers are formal. Relationships between peers are more casual.
Huge emphasis on work-life balance. Work often gets priority over personal life.
The US CMA salary in Switzerland is one of the highest in the world. Salaries in India are lower.
High cost of living Affordable cost of living
You have to deal with culture shock and language issues. India has a familiar environment and languages.
High quality of personal and professional life. Lower quality of life compared to Switzerland.
You could lose out on jobs, pay raises and promotions when competing with Swiss professionals. You can get promotions and higher salaries, based on your international work experience.

 

Also Read – US CMA Salaries In India – What will you earn throughout your career?

How to become a US CMA professional

  • You need a bachelor’s degree from a university recognised by the IMA board or submit your degree after you finish the CMA exams to receive your certification.
  • Working professionals must pay professional rates when registering for the CMA course, which are higher than the student rates.
  • To enrol for the course, you must pay the IMA membership, registration and exam fees.
  • You can self-study using an approved CMA prep provider or enrol with a coaching institute like Proschool.
  • Ensure you pick your exam dates online before taking the tests. You need a score of 360 marks or more out of 500 to pass.
  • Fulfil the mandatory experience requirement by working full-time for two years in the accounting field.

 

Also Read – Becoming a US CMA: The Complete Process & Preparation!

Why Proschool’s US CMA course is the best for you

Proschool is one of India’s top US CMA coaching institutions, with a brilliant success record. Students are taught under industry experts who use active learning methods and practical training techniques. The professors simplify complex concepts and offer customised study plans and revision classes.

At proschool, you learn beyond the IMA-approved syllabus, You are also taught life skills and develop a keen understanding of the finance industry. Spend six months at Proschool and you’ll be ready to become a global accountant. Who knows, in a few years you could be earning a lucrative US CMA salary in Switzerland.

Special features in Proschool:

  • There are 15+ coaching centres across India.
  • Proschool’s US CMA course is for 6 months.
  • A free foundation course is available online for non-finance students.
  • You can prepare for the exams by giving mock tests. Proschool has a bank of 4,000 MCQs and 90 essay questions to help you practice.
  • Professors provide personalised attention and doubt-clearing sessions.
  • All students receive additional study sessions in case they fail the exams.
  • Proschool’s placement portal has access to hundreds of job openings in the finance industry.
  • Students are taught soft skills such as writing professional resumes and giving professional interviews.

 

FAQs

Do Swiss-based companies hire US CMA professionals?

Yes, the US CMA certification is considered one of the best qualifications in accounting in many European countries including Switzerland. Many international companies prefer CMA professionals as they can adapt to a global work environment.

How much do US CMA professionals earn in Switzerland?

The US CMA salary in Switzerland ranges from CHF 97,000 to over CHF 170,000. The exact figure depends on specific factors such as the company name, city, experience levels and negotiation skills.

What languages are spoken by professionals in Switzerland?

The Swiss population largely speaks German, French, Italian and Romansh. Professionals also speak English in big cities such as Zurich or Geneva.

What visa do I need to work in Switzerland?

The Switzerland work permit (the D-visa) is given to professionals who want to work in the country. You must all the requirements to do the job, have the skills, education, and experience to do the job.

Conclusion

Switzerland is called the playground of Europe. It is a stunning country with a beautiful culture and great career opportunities, especially in finance and banking. There is scope for Indians to prosper here if they have the proper credentials. The certified management accountant program can help you land a job and an attractive US CMA salary in Switzerland.

Categories: US CMA

Dwij K

Hi, I'm a seasoned digital marketer with a deep passion for writing about Digital Marketing and Finance. Leveraging my experience working with CFA Charterholders, MBAs from IIMs, and Certified Financial Planners (CFPs), I bring a wealth of knowledge to through my blogs. Currently, I craft insightful blogs for Proschool, an institute renowned for its finance courses. My expertise lies in breaking down complex financial concepts into easily digestible pieces, making me a trusted source for aspiring finance professionals.
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