Finance positions range from entry level jobs, such as data entry operator, to top management posts, such as Chief Finance Officer (CFO). While a data entry operator position requires no degree, organizations often require the CFO to be either a professionally qualified accountant or have a Masters in Business Administration.
Common Finance Positions
Some common finance positions are:
Financial analysts: A financial analyst researches a client's or organization's financial status, including credit history, risk tolerance and current expenditures and investments. They make recommendations based on financial goals and business environments. Specializations within the financial analyst trade include:
- Treasury analyst
- Budget analyst
- Credit analyst
- Investment analyst
- Merger and acquisition analyst
- Money market analyst
- Ratings analyst
- Risk analyst
- Tax analyst
Finance manager: As a financial manager, you may direct financial reporting, investment activities and cash management strategies. Financial management requires you to:
- Think creatively
- See the broad business picture
- Direct your team accordingly
Loan officer: This is a highly desirable job and involves providing loans to businesses and consumers. As a loan officer, you would require:
- Good selling skills
- Ability to understand a business
- Solid understanding of the working of banks
Treasurer: As a treasurer, your responsibilities wouldinvolve supervision of the Treasury department involved in fund raising, financial planning, cash management and buying and selling assets. As this is an upper management job, you would need:
- Analytical skill
- Ability to manage and motivate people
Cash Manager:This job is detail-oriented and requires negotiation skills.In this position, yourduties may involve:
- Establishing relationships with banks
- Managing short-term credit requirements
- Ensuring sufficient cash on hand to meet daily needs
- Placing excess cash into a concentration account bearing interest
- Handling international transfer of funds
Real Estate Officer:This job requires a thorough understanding of finance and real estate and involves:
- Finding real estate locations for a company
- Negotiation of lease agreements
- Acquisition of real estate
- Valuation of properties
Controller: This job requires extensive accounting experience. This position may include tasks such as:
- Financial planning
- Accounting
- Financial reporting
- Cost analysis
- Property, revenue, benefits, derivatives, lease and joint interest accounting
- Developing forecasting models to project revenues and costs
- Implementing or working with a complex costing system
- Transfer pricing issues or interface with auditors