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Are you the ultimate number cruncher -the king of the spreadsheet? Want a career where money isn’t just the reward but the focus?
If you’re often the one left deconstructing the bill after dinner, have a sharp eye for detail and a mathematical mind then working in finance could be the perfect career for you. Not sure where to start? We’ve got you covered.
Here are some careers to consider in the finance industry and some of our top tips to help you get ahead:
What they do
Support the finance team by taking responsibility for numerous administrative duties. This includes managing purchase ledgers, keeping an eye on financial policies, setting up direct debits and standing orders to make sure the department runs smoothly.
What you need
An organised and methodical approach to your work is essential, as is a strong aptitude for numbers. You won’t need previous experience for many entry-level roles, but being able to use excel would be preferential.
Earning potential
Starting salary will be around the £16,000 mark, rising to around £20,000 and above with additional experience.
Perfect for
People who like to keep everything organised.
What they do
Manage organisations’ accounts, ensuring their financial position is constantly updated and reported on. Oversee all incoming & outgoing costs of the company ensuring these are in line with the company budget as well as providing reports on improvement.
What you need
Numerical ability is a must, not to mention a passion for arithmetic and rigorous attention to detail. Qualifications are preferred but not always essential although a familiarity with financial accounting customs is favoured for most entry level positions.
Earning potential
Entry-level salaries start at around £22,000 rising to £30,000+ with the right level of experience and qualifications.
Perfect for
People who like deconstructing analysis.
What they do
Support the finance department by reviewing risk, identifying opportunities and keeping up to date with any legislative changes ensuring the organisation is fully compliant with industry best practice.
What you need
Excellent industry awareness and a duty of care to provide the business with the best possible advice.
Earning potential
Initial salary may start at around the £22,000 mark, but successful auditors can be paid up to £40,000+
Perfect for
People who are great with advice.
What they do
Leading the finance department in the direction of the business objectives, ensuring team duties are delegated efficiently, working with the team to provide a strategic vision for the future. Control over analysis, reviews and forecasts of the business strategy.
What you need
Excellent analytical skills, confidence and the ability to make decisions under pressure. Leadership will also be of paramount importance to your team. A degree is preferred, but experience in a similar financial capacity could work in some cases.
Earning potential
Anything between £40 – £50,000 is typical for a finance manager depending on the size of the company.
Morgan Hunt is a leading finance recruiter with a wealth of finance & accounting recruitment experience. We appreciate the essential function of finance and the importance of finding the right finance & accounting professionals – not only in terms of skills and experience, but also in terms of cultural fit and long-term development.
Contact us or call the team on 0207 419 8900 to find out more.