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If you are good with numbers and like the idea of working with money, then a finance job may be a good match for you. Different types of jobs will require different levels of experience, but they can be anywhere from entry level to needing a college degree.
Entry Level types of finance jobs will consist of handling things like account receivables and accounts payable. This simply means bills a company has to pay out versus money a company has coming in.
If you work in a position handling the account receivables, you are tracking the money the company has coming in. Some of your responsibilities would consist of billing companies and customers for any products or services received, tracking any incoming money in the accounting database, and maybe even trips to the bank. You would work closely with an accounts payable person to make sure the business accounts match.
If you are working in the accounts payable position, you are handling the money that the company pays out. Some of your responsibilities may include, organizing and documenting the incoming bills, using software to cut checks to pay the bills, and subtracting the amounts paid out from the company's bank balance. A lot of times you will also be responsible for coding the outgoing payments so that the money comes out of the correct department's budget.
There are also other finance jobs you could think about. Maybe you would like to handle the company's payroll. This may be a little more detailed than it would seem. You would be responsible for tracking employees hours and attendance. You job could also entail cutting the employee's paychecks, making sure the correct deductions are coming out of the paycheck, and handling direct deposit. A lot of times you will have to answer any inquires regarding payroll. You would also be responsible for sending out W-2's at tax time.
Finance jobs are available in a lot of different areas, but if you'd like to put all of this knowledge together and don't mind a little school, a good choice for you may be accounting. When are a Certified Public Accountant (CPA) you can work in a lot of different areas. You can handle all of the above entry level jobs, as well as doing taxes for both individuals and businesses. You will also be qualified to handle numerous other types of finances. Accountants advise businesses and individuals in areas of finance. If you are looking for a good career, then a finance job could be a good career for you.
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Posted by: Suzzane
If you want a career in finance jobs, you have to get a college degree. To be more specific, you have to graduate with a bachelor’s degree in math, business, statistics or economics since you will be dealing with numbers and using these skills to make decisions and recommendations.
Posted by: Finance Jobs
I enjoyed reading this article, lots of good pointers concerning Finance Jobs and the industry.
Posted by: Kathleen On: 1/26/2010 7:44:44 AM
Staff accountants normally require a 4 year degree in accounting. Senior level corporate accountants usually have 3-5 years experience. To obtain a CPA certification requires an equivalent to a Master's degree (the 150 hour rule) in most states and passing the state/Fed exam requirements (an extremely difficult exam).
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