Finance Job Requirements

A finance professional is a critical part of any business organization, supporting all the analysis, planning and reporting needs of the respective businesses. The professionals develop short term and long term forecasts, produce the budgets and identify the cost saving opportunities to improve the strength of the organization.

Finance As A Career Path

As per the latest Occupational Outlook Handbook, job prospects for the finance professionals are expected to grow 23 percent in the duration 2012- 2020, which is much faster in comparison to the other job areas. The annual salary of the finance professionals is approximately $74,350.

The general job responsibilities of finance professionals are:

  • Providing financial analysis reports for the senior management to support the decision making process.
  • Performing capital planning and analysis.
  • Managing corporate treasury.
  • Managing the investor relations.
  • Analyzing the organization’s compensation philosophy and practices.

Required Educational Profile For A Finance Professional

The preferred educational qualifications for a candidate to enter in the finance sector are:

  • Master degree or Bachelor degree in Business Administration, Finance, Accounting or any related subject.
  • 2-5 years of relevant working experience in any financial organization are advantageous.

Core Competencies Required For A Finance Professional

Professional Skills

  • Ability to effectively manage multiple projects at hand.
  • Ability to develop executive level presentations.
  • In depth knowledge of various financial planning applications.
  • Strong working knowledge of MS Office, especially MS Excel.
  • Strong knowledge of relational database.
  • Ability to develop and present perspectives on key financial issues.
  • Good understanding of financial concepts such as capital allocation, competitive benchmarking etc.

Personal Skills

  • Strong mathematical and analytical skills.
  • Excellent oral and written communication skills.
  • Covetous interpersonal skills and ability to prioritize tasks.
  • Strong problem solving skills.
  • Ability to work well under pressure.
  • Ability to grasp new concepts quickly.

Posted in Job Requirements