Most in-demand financial careers in the USA for the next 5 to 10 years
As a result of living in times of low and high levels of unemployment, it makes sense to be aware of the most in-demand financial careers in order to be certain of which way to go so as not to arrive at a dead end. Here are the most in-demand financial careers which will still be in demand in the next 5 to 10 years. And if you desire any of these financial careers, contact RevShareRecruiters, and they would surely create opportunities for you.
1) Personal financial advisor.
As a result of the importance of finance in our everyday life, the importance of personal financial advisers cannot be overly emphasized. Companies and other parastatals would always have a need for their services. Bachelors degree or the long term job trainees are required to gain entrance into the financial advising field. Individually, personal financial advisors also help in reaching educational goals, risk management, retirement and estate planning and so on. It is the duty of the personal financial advisor to guide clients during major and sometimes Minor financial analysis. They also largely assist clients with payment of taxes, budget, estate management and so on. A personal financial advisor earns about $ 61,154 as average salary. So we can say It is extremely satisfying.
2) Financial planner
Financial planners would always be needed even in 5 to 10 years time. One of the duties of a financial planner is to advise the clients on how to manage and properly utilize their finances. To be an effective financial planner, you must have a good mastery of numbers and learn to apply principles of accounting in other to arrive at a plan which will be suitable for clients and investors. A good finance major must be able to decipher trends in the labor market and apply these during their planning sessions. Gaining investors or clients trust is also very important as this is the only way to promote your services.
There would always be clients, investors and, even companies seeking advice on how to properly utilize their finances in the United States. So there would always be a need for financial planners.
3) Accountants
Financially-oriented industries, companies and, other parastatals would always have a need for an accountant. This is because, finance majors have been trained to construct, critique, and interpret financial statements. And as a result, they have become competent and capable of carrying out complex accounting work. Finance Majors also with attention and precision analyze business problems and provide solutions to it. Accountants have also been trained to use charts, graphs and, other visual aids to present financial information to investors and other clients. The services of an accountant would always be in-demand even in 10 years to come, as almost every enterprise, institution or government department would need their services.
4) Investor Relations Associate
To be a good Investor Relations Associate, communication, organization and, good writing skill is needed. Investors, private and public companies, analyst, and other clients would always need the services of an Investor Relations Associate to present and prepare, digest, highlight, and interpret financial information, and as a result, it would always be in demand years from now.
5) Budget Analyst
It is the duty of a budget analyst to train staffs concerning the development of their company or organization’s budget. They also interview managers in other to gather information on several proposals. So, to do this effectively, they must possess good communication and analytic skills. A Budget analyst also finances principles to project and proposals in different sectors such as government sectors, educational sectors, business sectors and so on. It is also the duty of a budget analyst to analyze budget and evaluate the financial impact of such a budget. Their services would always be needed.
6) Risk Analyst
This is one of the key areas of interest as long as financial careers are concerned. The duty of a risk analyst involves identifying and managing different types of financial risk. A risk Analyst could work in technical aspects of financial risk management. Examples of which include; financial risk modeling, predictive financial analyses, and even other forms of broad-based financial risk analysis.
7) Auditor
This is someone who examines and prepares financial records. They make sure that all taxes are paid on time and properly and that financial records are kept accurately. Auditors also have face-to-face meetings with individual clients and organization managers in other to explain findings gotten from examining and preparing financial records and written reports.
It is also the job of an auditor to inspect accounts books for efficiency and accuracy and use of accounting procedures. They provide ways to enhance revenues, increase profit and most importantly, reduce cost. They also maintain financial records whilst keeping it organized, prepare tax owed, tax returns, and ensure that taxes are paid accurately and on time. Assessing financial operations and making the best recommendations to management is also the duty of auditors. The duty of auditors is of great importance to public and private institutions, companies and other business sectors and as such, cannot be overly emphasized. That is why their services would always be in demand.
8) Credit Analyst
A person who seeks a loan (loan prospect) from a bank or other business enterprises must go through a credit analyst before such a loan can be granted. A credit analyst evaluates a loan prospects financial standing and evaluates the downsides or risk of granting him such loan. A credit analyst must be very investigative to enable him carefully and correctly scrutinize the accuracy and legality of the loan prospects financial information which he (loan prospect) already furnished. Credit analyst also analyzes various trends which can be used by industries and companies to generate income to repay loans. There would always be a need for credit analyst because there will always be a need for loans either by individuals, public and private companies, enterprises and government departments.
9) Actuary
These play a leadership role in accounting firms, banks, insurance companies, rating agencies and, other financially oriented businesses. An actuary also calculates the likelihood of various events and weighs the financial consequence of its eventuality. To do this effectively, an actuary must possess a strong mathematical skill. Actuaries also use software when performing calculations and representing findings. Their recommendations are presented to managers in their firms; afterward, they convince others of the soundness of their decisions. Just as there would always be banks, accounting firms, insurance companies, rating agencies, and other financially oriented businesses, there would always be a need to calculate the likelihood of various events and weigh the financial consequence of its eventuality; there would always be a demand for Actuary because this is their duty.
However, no matter how high in-demand the job gets, RevShareRecruiters seem to uncover the most amazing opportunities for you, as they have facilitated 100s employment opportunities for a wide array individual backgrounds. Give RevShareRecruiters a call and you too will experience a win-win-win experience – candidate + client + RevShareRecruiters!