Career Opportunities Flashcards
Does every organisation have a finance department?
Yes
What are the top 5 in-demand finance roles in the UK currently?
- Finance analyst
- Accountant
- Investment Banker
- Insurance
- Financial Auditor
What does a financial analyst do?
They look at investment markets, stocks, bonds and hedge funds to help their organisation with financial planning
Their goal is to help the organisation make well informed decisions that make best use of resources to help achieve company goals
Skills required to be a financial analyst?
Creative thinking, confident communication, problem solving
Average entry-level income for a financial analyst?
27-30k per year
What do accountants do?
Directly responsible for the financial affairs of their employers.
Duties involve balancing the books, preparing financial statements and ensuring clients adhere to financial legislation
Skills required to be an accountant?
Attention to detail, customer service, problem solving
Average entry-level income for an accountant?
18-28k per year
What do investment bankers do?
Advise, buy and sell assets to raise money for their organisation.
Typically involves long hours and lots of time on the phone negotiating
One of the highest paying jobs in the financial sector - highly competitive
Skills required for investment bankers?
Confident communication, decision making, negotiation
Average entry level income for investment bankers?
30-40k per year
What do insurance people do?
Ranges from customer service to risk analyst
Skills required to be in insurance?
Attention to detail, analytical, decision making
Average entry-level income for insurance employees?
18-25k per year
What do financial auditors do?
Identify and assess risks which could impact on the financial performance of the organisation and make recommendations on the measures needed to mitigate those risks
