Are you qualified for a career in finance?

Are you qualified for a career in finance?

If you’re considering a career in finance, you’re probably wondering what it takes to qualify for an entry-level job in the sector. Careers in finance are plentiful and varied, so you’ll find finance jobs in just about every industry and organization. Below is a sample of entry-level jobs as well as a look at the education and skills needed to get your foot in the door. Financial data analyst Financial data analysts study information, identify relevant insights, and compile them into financial reports. These reports summarize crucial information and provide forward-thinking forecasts that help managers make decisions. They often collect information from several departments within an organization, so the data they analyze often has non-financial as well as financial components. They need to be comfortable compiling, interpreting and reporting on information on a wide range of topics. Financial data analysts typically have a bachelor’s degree in finance, accounting, economics, or a related field. Key skills: Organization Communication The ability to work independently or collaboratively Critical thinking Problem-solving Loan officer Loan officers work with individuals and organizations to advise them on financing options and authorize loans. They help enable people to make big purchases like college, cars, homes, businesses, and more. Loan officers may work in banks, credit unions, mortgage companies or car dealerships. The job involves a lot of paperwork and managing deadlines, but it also requires exceptional interpersonal skills. Loan officers typically need at least a bachelor’s degree in a business-related field such as finance, economics, or accounting. They will also need a mortgage loan originator’s license, which involves passing an exam, fulfilling education requirements, and background and credit checks. Key skills: An understanding of banking and credit Computer literacy Solid people skills Communication Junior tax associate Tax associates assist individuals and businesses with the preparation of their federal and state income tax compliance. They may be employed by financial services companies or accounting firms. The job involves interviewing clients about their income and expenses, reviewing supporting documentation, researching tax issues, and looking for ways to minimize the client’s tax liability through the use of deductions and credits. Tax Read More »

The post Are you qualified for a career in finance? appeared first on Accounting Principals Blog.

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

Introducing the UK and Ireland Xero Award winners

Introducing the UK and Ireland Xero Award winners

Last night we rewarded our accounting and bookkeeping partners for their hard work and dedication at the Xero Awards ceremony.  With 14 trophies up for grabs, our 2020 finalists gathered at the infamous Electric Brixton for a night filled with celebration and fun.  The night was hosted by award-winning comedian Lucy Porter, who was joined […]