Is A Career In Finance Right For You - Work It Daily

Is A Career In Finance Right For You - Work It Daily Some people just know that they want to work with money. If you’ve always had a head for numbers, love a good Excel formula and have a strong sense of business, then a job in finance might be ideal for you. Related: How To Find A Great Finance Job Right Out Of College Okay, it’s not the most glamorous of jobs, but entry salaries are pretty good. Plus, let’s face it, people will always have money and they will need people to look after it, so a career in this field will be pretty safe, too. To most people, a job in finance is a job in finance. However, like most careers it is one of many different fields. Do you want to be a banker or an investment manager? A financial trader or a stock broker? A chartered accountant or a tax inspector? Wherever you decide you would like to move into will depend on your personality, your grades and qualifications, and where you are able to get your foot in a door. If you have strong analytical and communication skills, work well in a team, are a fast learner, and excel under pressure, then a career in finance might be for you. Here is the low down on a few financial positions: Investment Management Investment management is the professional asset management of a number of different financial disciplines such as shares, bonds and other securities. It commonly refers the buying and selling of investments to achieve a specific investment objective. Basically, these companies raise capital on behalf of their clients, this could by trading stocks, helping to facilitate deals or buying bonds. The starting wage for a job as an investment manager is high, but that comes with huge responsibilities and regularly demand 70+ hour weeks. Chartered Accountant A chartered accountant is a financial expert, their job is to provide honest information about financial records, including financial reporting, taxation, auditing, business recovery and insolvency, and general accounting systems and processes. As a chartered accountant, you would mainly be in charge of managing a company’s financial systems and budgets, regularly auditing the business’ finances and providing financial intelligence and guidance. Banking A job in a bank can be extremely varied, depending on what where you start. Whether you begin your career as a cashier and work your way up to branch manager, or work one of the numerous departments within the bank. Working in a branch demands excellent people skills and for you to be organised and good with numbers. Remember, it doesn’t just end at cashiers, working as a mortgage advisor might be more up your street or maybe retirement planning or money laundering? Finance Controller A job as a credit or finance controller is ideal for a candidate who is highly organised, forward thinking and good with money. As a finance controller, your main role would be to manage and oversee the accounts department, ensuring everything runs efficiently. Finance controllers often manage a team of accountants; day to day tasks include analysis of books, producing accounts, audition and reporting to management. Tax Specialist For as long as tax exists, people will need tax advice. The role of a tax specialist is to provide individuals, small businesses and large companies well informed clear and simple tax advice. Most specialists chose to focus on advising their clients on ways to reduce their tax bills (tax planning) or helping to prepare and submit tax returns forms (tax compliance). Tax specialists need to be adept in staying up to date on tax law and liaising with HM Revenue and Customs. Related Posts 5 Awesome Careers In The Finance Industry 4 Helpful Tips For Your Accounting Career 3 New Financial Careers To Consider   Photo Credit: Shutterstock Have you joined our career growth club?Join Us Today!