r/financialindependence • u/fidgit86 • Aug 13 '21

What do you do that you earn six figures?

It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?

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u/Spacechip94 Aug 13 '21

How do you get that much in accounting? I’ve been doing it in industry for around 5 years and make nowhere near that just wondering if I’m doing something wrong

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u/HomelessOnWallStreet Aug 13 '21

I’ve worked at a few companies in industry and the #1 skill by far is knowing how to use excel. Not just simple things but actually understanding it and being able to put together a spreadsheet that can accomplish any task. I’ve gotten promotions at all 3 places of employment rather quickly because they recognize the importance of having someone that can fix issues/create solutions. I may have gotten lucky but I’ve only worked with 1 other individual who really knew what they were doing in excel.

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u/odyssus001 Aug 13 '21

An accountant that can write SQL queries can write their own ticket in any large company.

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u/yumcake 29d ago

Seconding this. Excel is quick and flexible and you should know it, but it's best for just solving immediate small scale problems for your team. Knowing SQL helps you achieve systematic reporting solutions for entire organizations. That's the next-level stuff that can really help differentiate you since many other accountants usually have a good enough understanding of excel. Knowing SQL is a valuable competitive moat.