The Benefits of a Financial Career

Opting for a career in the financial sector can be both exciting and rewarding. Depending on your expertise and skill set there are numerous job roles available in the finance industry. Gaining knowledge about various finance positions will enable you to select the most suitable profession for you.

The Advantages of a Job in Finance

There are a number of advantages to having a job in finance. The finance industry is a relatively stable environment. As long as companies and individuals generate revenue, they will require professionals to evaluate their finances, manage their accounts, and safeguard their investments. Another advantage to having a career in finance is that they are generally well-paid jobs with many career benefits from study support to flexible working hours.

Various Types of Finance Jobs

Whether you are starting a career in finance or wish to step up the career ladder and move to a more senior financial role, it is important learn about the different types of careers in finance available. Below are a few examples of job roles in finance. Keep up to date with our careers page to find the perfect job for you.

Finance

Company finance jobs involve managing the finances of a specific company or organisation. Company finance recruiters seek reliable, proficient, and skilled employers.

Typically, a bachelor’s degree in business, finance or management is required. Knowledge of how the company operates will differentiate you from other applicants. Excellent organisational, communicational, interpersonal, and technical skills are crucial prerequisites for a job in company finance.

Financial Planning and Advising

A role in financial planning or advising includes meeting with clients and assisting them in devising a feasible plan for their personal or business finances.

Working as a financial adviser you will have the opportunity to utilise your financial expertise to support others directly. If you have a comprehensive knowledge of financial legislation, investment practices, or insurance policies, you could be a valued asset by advising companies across various sectors.

The perfect candidate for this role would typically have a degree in finance or business. Another way to step into a role like this would be to have several years of experience in the financial industry. Essential skills necessary for this job comprise of communicational skills, management skills and close attention to detail.

Credit Controller

Credit controllers aim to minimalise risks and increase profits by ensuring timely and complete payment of the credit issued by the company. They are constantly exploring strategies to streamline the debt collection process, making it more efficient, prompt and mutually beneficial for the company and its clients’. In addition to this, credit controllers also provide valuable insights into the company’s financial activities by reporting and analysing current data. This information can help the company in making informed decisions regarding its future financial plans.

The ideal candidate for a credit controller position should have a proven track record of making smart credit decisions and a solid understanding of financial transaction recording and reporting. While some employers may prefer candidates with at least five years of experience in credit control, they may also consider those with a background in bookkeeping or accounting. Data-entry experience, basic mathematical skills, and a valid driver’s licence are often required by most employers.

Accounting

Accountants play a crucial role in maintaining the financial health of both individuals and companies. While some accountants work independently, most are employed by accounting firms. Corporate accountants are responsible for overseeing various financial processes to ensure the smooth functioning of the organisation. On the other hand, private accountants review and update their clients’ financial records, ensuring that they comply with legal regulations and use their financial resources efficiently.

The ideal candidate for a career in accounting would typically need to have a bachelor’s degree in accounting, finance, or business. Top-performing accountants have expertise in financial management, decision making and effective business communication.

Let Debbie Burbage Recruitment Guide Your Way

These are just a few examples of careers in the finance industry. If you would like to find out more about the various roles that we offer at Debbie Burbage Recruitment then please get in touch or email us at candidates@debbieburbage.co.uk.