Entry level finance jobs are the perfect starting point for people who are new to the workforce or are changing careers. Although these jobs pay lower than positions that require experience, careful planning and selection of the domain and company can significantly propel your career.
Entry Level Finance Jobs: Types
Some of the entry level finance jobs are:
Data Entry Clerks: As a data entry clerk, you can earn anything between $200 and $1,000 a day, depending on the amount of data processed. You may have the option of working from home in a full time or part time capacity.
Entry Level Financial Analyst: In this job, you may need to:
- Provide financial analyses related to budgets, forecasting and allocation of expenses
- Conduct ad hoc analysis for business case development
- Conduct custom financial analysis and peer group analysis
- Provide internal consulting for all levels of management
- Develop and maintain spreadsheets and statistical models for financial analysis
- Prepare a variety of management presentations
- Research and resolve problems and errors in data from financial reporting systems
- Provide assistance in the development of financial applications
- Prepare interest rate pricing and forecasting information to be used in asset and liability management
Basic qualifications and preferred skills required for this job are:
- Bachelor's degree in finance or accounting or equivalent work experience
- One to three years of experience in financial analysis activities
- Thorough knowledge of financial analysis techniques and general accounting procedures
- Well-developed mathematical and analytical skills
- Advanced knowledge of financial analysis, forecasting and planning
- Ability to identify and resolve exceptions and to interpret data
Entry Level Accounting Clerk: In this position, you would need to maintain general ledger accounts and perform related activities for the production of financial statements and reports. You would also be:
- Performing account reconciliation and analysis, based on generally-accepted accounting principles
- Analyzing and preparing financial statements, including balance sheets
- Preparing documentation in support of external and internal audits
- Reviewing accounts on a regular basis and identifying errors and overpayments
- Working with issue resolutions for credit balances
- Working extensively with accounts receivable and denials