Jobs, Careers and Occupations

Finance Jobs, Occupations and Careers

Finance

Finance companies that provide products and services to facilitate the flow of money, such as credit and related services; investment-related services; oversight services, including accounting, regulatory agencies, and data oversight; stock exchange; and associated marketing services.

Finance occupations include finance directors, CFO's, treasurers, budget directors, financial planners, investment bankers, investment advisors, credit managers, collection managers, economists, stockbrokers, traders, securities regulators, compliance officers, portfolio managers, mutual fund administrators and any position requiring completion of a securities course.

Almost every firm and organization has one or more financial managers who oversee the preparation of financial reports, direct investment activities, and implement cash management strategies.

The duties of financial managers vary with their specific titles, which include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by regulatory authorities. Often, controllers oversee the accounting, audit and budget departments.

Treasurers and finance officers direct the organization’s financial goals, objectives and budgets. They oversee the investment of funds and manage associated risks, supervise cash management activities, execute capital-raising strategies to support a firm’s expansion, and deal with mergers and acquisitions.

Credit managers oversee the firm’s issuance of credit. They establish credit-rating criteria, determine credit ceilings and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash receipts and disbursements to meet the business and investment needs of the firm.

Risk and insurance managers oversee programs to minimize risks and losses that might arise from financial transactions and business operations undertaken by the institution. They also manage the organization’s insurance budget.

Financial institutions, such as commercial banks, savings and loan associations, credit unions, and mortgage and finance companies, employ additional financial managers who oversee various functions, such as lending, trusts, mortgages, and investments, or programs, including sales, operations, or electronic financial services.

Finance Related Industries

• Accounting
• Banking