Finding a job in the finance/accounting field is a smart decision. An organization’s success and profitability depend greatly on having talented accounting and finance pros at the helm. As the industries continues to grow and evolve, companies are on the lookout for job seekers who are detail-oriented and self-motivated, with strong analytical skills. Read on to discover 6 of the most in-demand finance and accounting careers in 2021.
A controller is in charge of all accounting-related activities that happen within an organization to summarize and predict a company’s activity and financial standing. They are also responsible for the financial decisions of a business, and are essential when it comes to an organization’s economic strength. Responsibilities for this position may include preparing and managing financial reports and budgets, maintaining accounting records, coordinating audits, and more. The ideal candidate for a controller has prior accounting and financial experience, attention to detail, strong communication skills, and the ability to multitask.
Underwriters are financial experts who typically work in insurance or lending industries. Insurance underwriters are responsible for determining whether prospective customers are eligible to be insured through asking a series of questions and analyzing the responses through a special software. Mortgage underwriters are responsible for evaluating a borrower’s application and deciding if the lender should approve or deny the loan. Insurance and lending institutions take risks based on the decisions made by underwriters, so it is critical to find the right person to take on the role. An ideal underwriter will be detail-oriented with strong analytical skills, have knowledge of regulatory guidelines, and effective written and verbal communication abilities.
Accountants are responsible for providing financial advice to clients that could range from large companies and corporations to small businesses and individuals. An accountant will prepare, maintain, and examine the accuracy of financial statements for their clients, and ensure that all their financial records are compliant with federal laws and generally accepted accounting principles (GAAP). Typically, accountants will specialize in a particular area of practice that may include public accounting, management accounting, governmental accounting, and internal auditing. Those applying for an accountant position should have experience in accounting, business, or economics while also possessing organizational skills, self-motivation, an analytical mindset, and the ability to work as a team.
4. Payroll Clerk
Payroll clerk’s assist in all activities involved in the management of employee compensation in the company. Since a payroll clerk will be responsible for entering payroll information, calculating wages, and making payments, they should also understand the importance of confidentiality. Other qualities that create a successful payroll clerk include general accounting principles, experience in data collection, attention to detail and the ability to communicate well with others.
5. Loan Processor
A loan processor is in charge of preparing loan files and submitting them to banks or mortgage lenders for approval. They are also responsible for conducting assessments of business and individual loans. As a loan processor, you will act as the main point of contact between clients and the company to reach the overall goal of helping approved clients obtain loans in a timely and professional manner. Customer service and strong communication skills are key qualifications for a loan processor, as well as time management and knowledge of relevant industry guidelines.
6. Financial Analyst
Financial Analysts are responsible for providing accurate and data-based information on a company’s profitability, solvency, stability and liquidity. The role could also include financial planning and income forecasting or modeling. Applicants are expected to have experience in business finance, strong analytical skills, and fluency in MS Office and other database entry functions.