dcsimg
HomeAccountant ‣ Interviews: Nayan Miranda

Nayan Miranda : Chartered Accountant

If you are ready to take up and complete the tough and challenging course of Chartered Accountancy from the Institute of Chartered Accountants of India (ICAI), then the sky is the limit for you. We spoke to a successful CA, Nayan Miranda:

Q
Request your introduction with current position, career focus and total years of experience?
A
I'm a Chartered Accountant with 13 years of work experience. My experience varies over different industries – Accounting, Healthcare, Financial Services, IT, etc.
Q
How did you get started in your career? What motivated you to get into this career?
A

To be honest, this is what I could afford, as I had to fund my education myself. My parents passed away when I had just finished my high school.

The motivational part is that it's tough and challenging. Not everyone can do it. The results of CA exams would testify this fact.

Q
What is this career like?
A
It's a responsible and high visibility career. People entrust their finances and financial decisions to you. Proper financial management is the key to any organizations’ success. At the same time, the ground reality is you need to not just guide, but get your clients out of difficult situations created by themselves or otherwise.
Q
What is a normal work day in a life of a chartered accountant?
A
Deadlines, deadlines & deadlines. You have some statutory deadlines which you have to meet under any circumstances and sometimes as per the clients' urgent requirements. Sometimes a high pressure environment is created because no matter how much the client causes delays, you are responsible for all their timely submissions. Your work management matters but in such situations, you need to manage people, behaviour and stress! The key is keep calm (and kaam se kaam.)
Q
How was your journey from your first job till the current one? Where do you see yourself in 5-10 years from now?
A
I started working right from the day I appeared for my standard XII board examinations. I have done a lot of odd jobs to support my education – home tuitions, selling personal loans, promotion of newspapers, etc. There is a mandatory training under a practicing chartered accountant where you get paid a meagre stipend which was as low as Rs.450 at that time. You have to work and study at the same time. It’s been a big challenge and I've been fortunately able to get past it. The journey from there has been only growth and this is what I foresee in future.
Q
What specialized training and education did you choose to succeed in this field? What inspired you to build the skills?
A
No special skills. Whatever I've learnt is because I have been working hard and have been through different types of situations. An actual crisis scenario can teach you more financial management than any college or book in this world.
Q
Which skills have you found most helpful, and the ones will be most important in the future?
A
Firstly, people management. When your clients and team are happy, your numbers will automatically follow. And secondly, precise, concise and to-the-point communication. If you are able to convey your thought process, there is no right and wrong answer - be it examinations (you don’t need to attach a string of supplementary sheets) or real life.
Q
What have been your best experiences and challenges faced working in this field?
A

The recognition which I get from the clients I support is the best earning I get. The best part of this profession is that you can do well only if your clients are doing well. You are actually a part of their growth story.

The career options you can pursue post this qualification are immense, actually choosing from these options is a challenge!

Q
What recommendation would you give to prospective students who want to advance in this field? What education & skills do they need to focus on over others?
A
If you have second thoughts or are considering becoming a CA as only an option – DON'T DO IT! Only serious hardwork and a small amount of luck can get you through. Career advancement would depend on how you do things and not what you do. Only passionate and obstinate people with a will to do it should pursue this career option.
Q
Do you have any other 'words of wisdom' that you would like to pass on?
A
There are many acronyms to this profession - CA – Come Again, Complete Aaram etc. But yes, being a CA is an achievement. You are known for the rest of your life for this. You will continue to impress people around you always. All the best!