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4 Key Jobs in Finance to Consider Pursuing in 2022

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If you’re looking for a career path that will allow you to grow and develop, it’s worth considering key jobs in finance. 

The financial sector is one of today’s most dynamic and expanding industries. Finance professionals have always been in high demand, and with the rise of FinTech, this has only increased in recent years.

The face of the finance industry is changing: roles are no longer limited to stockbrokers and accountants, but also a range of jobs including analysts, investment bankers, and senior executives. There is a range of exciting roles with potential for phenomenal growth in the future.

jobs in Finance in 2022

 

Financial Analyst

A financial analyst assesses information and data to make recommendations and help organisations to make critical decisions. This could be anything from identifying investment opportunities to developing financial models that help businesses to create a comprehensive economic strategy.

Financial analysts usually work with banks, insurance firms, and other financial institutions. To work as a financial analyst, you must be proficient in mathematics, analytics, and communication and have relevant qualifications, typically a bachelor’s degree in finance at a minimum. For higher-level roles, you’ll usually need a relevant master’s degree.

Additionally, financial analysts need to keep up to date with the latest market developments on both the domestic and international levels.

Chief Financial Officer (CFO)

The Chief Financial Officer (CFO) is one of the most crucial roles in any company. It is one of the four C-Suite positions that play a pivotal role in operations.

In general, a CFO is the third-most senior position in the company, reporting directly to the CEO. The CFO advises the CEO on forecasting, funding allocations for critical initiatives, and other financial operations, and so is a key contributor to the company’s success.

To land this senior executive position, you’ll need specific skills, qualifications, and experience. Foundational awareness and expertise in investment, accounts, and business intelligence are also critically important.

 

Accountant

According to recent figures, the UK finance industry will need to hire 80,000 accountants by 2050 in order to meet market demand.

An accountant is responsible for keeping financial records in order. However, accountants may also perform a range of other finance-related tasks for individuals or organisations.

As an accountant, your role and responsibilities can vary dramatically depending on where you work. However, here are some of the tasks that an accountant may typically do:

  • Generating financial documents according to applicable laws and regulations.
  • Creating financial reports and keeping them in order.
  • Arranging tax returns while ensuring that all required taxes are paid in accordance with the law.
  • Assessing financial activities to address issues and come up with solutions to problems.
  • Developing plans to increase revenue and cut unnecessary expenses.
  • Making risk assessments.

In addition to a degree in accounting or a finance-related field, accreditations such as a CFA may be required depending on the role. Certain skills, such as attention to detail, technical knowledge, and communication skills, are also important for accountants.

 

Investment Banker

Investment banking is one of the highest-paying jobs in the financial sector, and roles can be highly-competitive. An investment banker assists private or public organisations raise funds through bonds, stocks, venture funding, along with other methods. They may also provide financial advice to businesses and individuals.

Becoming an investment banker is not easy, especially given the competitive nature of the field. To stand out from other candidates, you may need a little extra flair. Besides an appropriate qualification, and numeric and analytical skills, an investment banker needs to be a top-notch communicator. Ultimately, the majority of an investment banker’s time is spent engaging with clients, so communication is crucial.

 

How to Pursue a Career in Finance

To secure one of the key jobs in finance, you’ll need to have the right qualifications. EDHEC’s online courses allow you to gain the skills and knowledge you need to excel in the industry with the flexibility to study on your own schedule around your other commitments.

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