If you have a knack for numbers and math, then pursuing a career in finance is a smart career choice. There are many possible career paths that you can take that will allow you to utilize your skills. Pursuing a new professional path can be a fulfilling decision. Not only can you look forward to going to work, but you can also receive a competitive salary. Consider one of these six hot financial careers.
1. Loan Officer
As a loan officer, you can work for a lender or another financial institution. Your role will be to review and approve or deny loan applications. This could be in a consumer capacity, such as approving individuals seeking a mortgage. It could also be in a commercial capacity, approving a business looking to inject its operations with cash flow. In addition to math skills, you need to have analytical skills to determine who would be a good candidate as a borrower.
2. Bookkeeping
Clerks and bookkeepers handle the day-to-day finances of a business. This could include sending out invoices, accepting payments, issuing payments, and processing payroll. They will also prepare regular reporting and financial statements. In some positions, they may also perform auditing tasks to ensure accuracy.
3. Accountant
An accountant is similar to a bookkeeper but has slightly different duties. They can work for a business or individual. Depending on who they are working for, they could prepare client tax forms, reconcile annual financial reporting, or maintain financial accounts. You could be an accountant working for a company, a firm, or as an independent professional.
4. Financial Advisor
Help individuals and companies make informed decisions and create detailed financial plans by being a financial advisor. A well-known role for financial advisors is helping individuals plan for their financial future, such as retirement. They can provide guidance and advice on how to save a nest egg that ensures financial security in retirement.
5. Actuary
An actuary is someone who is skilled in statistics and financial theory. These individuals perform mathematical calculations to predict the likelihood of future events. Companies find these individuals highly valuable because their calculations are essential in making informed strategic decisions. Actuaries also work in the insurance industry to determine risk and potential profitability.
6. Financial Manager
Companies hire professionals to serve as financial managers to oversee the financial status and operations of the company. This will include performing multiple roles. It can include tracking and predicting financial trends. It can also include analyzing current financial performance. It can also include using all available information to help the company achieve long-term financial stability and growth.
Explore These Hot Financial Careers for Your Professional Growth
These hot financial careers will give you a chance to showcase your mathematics skills. Once you find your niche, you can develop your specialized skills and grow within your career. You could be an actuary who dives into the data and statistics. Perhaps you would enjoy being a loan officer, helping people achieve their dreams. Or maybe you would like to be a financial advisor, helping people plan for their future financial security.
Explore your future in one of these financial careers by contacting BOS Staffing.