When it comes to career in finance, there are number of openings are available in this field, subject to a condition that candidate must be imbibed with certain qualities that are necessary. Today organizations are becoming more concerned in selecting the desired candidate and if they are unable to choose right candidate they simply do not hire, because of which many people remain unemployed. The existing situation in business world today makes clear the fact that organizations today mostly prefer those individuals who are fresh graduates simply because they are less expensive as compared to one who is an experienced player in the business world.
A clear understanding could be made that the fresher’s could have good career openings in the field of finance where they could be hired as a business, financial analyst, or if one is expertise in the field of law they could have a great career.
There are huge career openings in this sector for the senior level accountant jobs. Accountants can be mainly categorized into four types such as, as a public accountant, management accountant, internal auditors and government accountants and auditors. The role of public accountant is to verify all the financial statements and check they are accurate or not and fulfill all the legal requirements. They also need to calculate tax payable, preparation of tax returns, with the surety that the payment of tax is on time, and accounting books and system are examined for efficient working. The second is management accountants whose role is to keep the record of all the money spent and debts created by the organization, which is very crucial. Utilization of money by the company is as per the rules and regulation or not, check no fraud is taking place in the company has been ensured by the internal auditors. Finally ensuring that the government accounting records are accurate with no misrepresentation is role of government accountants and auditors. Those job seekers who have a strong desire to work in this field can have a bright career opportunity in this sector.
The Bureau of Labor and Statistics have predicted that there are expectations of number of employment openings for accountants and auditors approximately with the growth rate of 16% in future as compared to the average growth rate of other professions. This highlights the fact that there is a potential future for these jobs.
Business analysts are those who examine and plan the businesses, and acts as a link among stakeholders with a view to get understood the structure and operations if the company and give solutions that help business firms to achieve their desired objectives.
Another good prospect in the finance jobs is working as a financial analyst. It’s the center point of businesses as good decision in any investment could be possible with their support. What are the current and historical records of the company are evaluated, all business and economic trends are studied, company’s financial statements are carefully understood to examine sales, costs, prices of commodity, expenses incurred and tax rates for determining the company’s value by projecting future earnings of company, preparing written reports, meeting with the investors to give suggestions and many more.
Thus finance jobs offer good future for all those who want to have career in financial sector, seeking the right opportunity and applying for it will open the doors of success.