Finance and Accounting credentials provides ample opportunities in public service, small business and corporate environments.
Finance is the management of money and investments for individuals, corporations, and governments.
Accounting is the recording, maintaining, and reporting of a company’s financial records
Some of the popular career prospects are in:
- Accountancy firms
- Building societies
- High street banks
- Insurance companies
- Investment banks
- Management consultancies
- Public sector employers.
Accountancy and finance degrees provide you with knowledge of accountancy practices, commerce, industry and finance.
Skills required to excel in this sector are:
- knowledge and awareness of business organizations
- numerical and quantitative skills
- problem-solving and analytical ability
- oral and written communication skills
- ability to argue your case and negotiate
- knowledge of global business issues and language skills, particularly if you study European or international finance
- entrepreneurship.
Career in Finance and Accounting
1. Accountant – Prepares, maintains, and examines the accuracy of financial statements for an organization and ensures that all financial records are compliant with federal laws, regulations and also identifies and resolves any discrepancies in records, statements, or documented transactions.
2. Financial Manager – Reviews financial reports, monitors accounts, analyze every day financial activities and provides advice and guidance to upper management on future financial plans
3. Controller – Prepares financial statements and reports that summarizes and forecasts a business’s activity and financial position and also develops internal policies and procedures for an organization’s budget administration, cash and credit management, and accounting functions.
4. Management Consultant – Plans and executes projects for a more profitable organization by assessing the company and identifying the problems, gathering information, and implementing solutions.
5. Financial Analyst – Financial analysts are responsible for financial planning, analysis and projection for companies and corporations. They forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects
6. Tax Accountant – Prepares tax provisions schedules, returns, payments, reports and maintain a company’s tax database, finds tax solutions to complicated tax issues or errors from incorrect tax filings, Identifies legal tax savings and recommends ways to improve profits.
7. Auditor – Tracks the cash flow and accounts of companies to ensure that they are being recorded and processed correctly, ensures that assets are protected through appropriate control measures, and that financial records meet legal standards.
Check out the courses available in this sector:
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