Challenging Jobs When Working In Finance
Many employers are having trouble finding strong candidates for jobs in the financial sector.
The positions that some financial recruiters have identified as the hardest and most competitive to fill include controllers (including hedge fund controllers), tax managers, fund and senior-level accountants and valuation analysts. So what are these roles, and how can you be considered for them?
Controllers keep the company’s financial planning, debt financing and budget management organised. Controllers work for banks, corporations and governments. To become a controller requires an MBA degree with a concentration in finance or accounting. . Also, most employers like controllers to have five to 10 years of experience in senior-level finance or accounting positions.
Tax managers oversee tax reporting and planning. Making sure tax returns are completed and accurate in order to reduce the tax obligations of an organisation, they must also ensure that their companies adhere to tax laws.
To get started on the path to this career, consider an Accounting undergraduate degree. Although you will also need CPA accreditation, an undergraduate degree is the first step to landing this prestigious role.
The same goes for accountants. Accountants examine financial trends, operations and costs.
Managers are generally looking for people who have accounting degrees in addition to a minimum of two to five years of work experience and preferably a CPA. If you start off with an undergrad degree, you’re on the right track for a competitive position in accounting. These include account managers, senior accountants and fund account managers. For these high-level positions, companies have the money to pay salaries ranging from hundreds of thousands to millions of pounds. With such large amounts of money at stake, the jobs are notoriously difficult to land. Bolster your chances of landing the job by following these three tips:Network – use social networking to your advantage. Sign up to twitter feeds, face book pages and anything else related to the industry you want to work in.
- Network – use social networking to your advantage. Sign up to twitter feeds, face book pages and anything else related to the industry you want to work in.
- Get Qualified – Many of the jobs require a CPA. Once you’ve got this, you’re well on your way,
- Develop communication skills – if there is a speaking club or debate team near you, join up and brush up on your communication skills. This will look impressive on your CV.