Jobs in the financial industry are being pursued by many young people because of their attractive income and career prospects. If you are also looking to decide to apply, knowing the relevant information is essential. Refer to the article below of Navigos Search for an overview of the financial industry to have the appropriate career orientation!
1. What is the financial industry?
Finance is understood as an industry related to the coordination and management of cash flows and budget investments related to capital and assets in enterprises. This field has been developing very strongly, so the demand for personnel recruitment continues to increase, especially for positions requiring high qualifications.
The concept of the financial industry
2. Job opportunities in the financial industry in the future
Many people pursue this profession, so the competition is relatively high. However, financial companies still lack workforce resources because the quality of candidates has not met the vacancy requirements. Thus, if you have extensive experience and qualifications, there are lots of career opportunities awaiting you.
Financial analyst
A financial analyst is a person responsible for synthesizing, reporting, analyzing information, trends, and financial indicators, and making forecasts to build an effective financial plan for a business. The person undertaking this position must have ears on the ground to know future financial trends. They are the people who have the last word and make accurate judgments for the business development of the enterprise. The salary of this position is about 10-15 million VND per month.
The finance manager is the head of the finance department, responsible for the financial affairs of that business. The person undertaking this position manages human resources like staff/financial officers, reviews reports, makes decisions on direct investment activities, and develops strategies and plans to serve the long-term financial goals of the enterprise. The salary of this position currently ranges from 15 to 20 million VND per month.
Accountant
The accountant is the person in charge of recording, receiving, processing, and providing information reflecting the financial and budgetary activities of an organization or enterprise. This is an indispensable position in any company or business. The accounting field has an income of 8-20 million VND per month, depending on the specific title and capacity of each person.
Auditor
The auditor will collect and evaluate evidence relating to a company's financial information to determine and report its compliance with established standards. Through that, they will advise the business leadership on errors and suggest remedial measures. The income level of an auditor is from 10 to 15 million VND per month.
Job position in the financial industry
Financial manager
A financial manager is someone who plans, organizes, and controls the financial activities of a business. The financial manager is considered one of the most important jobs because this position not only maximizes profits but also helps enterprises grow. The salary of a financial manager is from 8 to 15 million VND per month.
The CFO (Chief Financial Officer) is the person in charge of all financial activities in enterprises. For those who work in finance, the CFO is the pinnacle of their career advancement. The income of a CFO ranges from 40 to 50 million VND per month.
3. The secret to success in the financial industry
With career opportunities, open promotion paths, and attractive salaries, the financial industry has attracted many candidates. However, to meet the employers' requirements, you must:
Improve qualifications
Financial recruiters often require candidates to be professionally trained in Finance, Banking, Economics, Accounting, etc. Therefore, you need to be equipped with a university degree or higher in those majors to meet this basic condition.
For senior leadership positions like Chief Financial Officer, possessing a Master's degree will be an advantage. Professional enhancement is an essential element on the way to conquering jobs in the financial industry. Besides, you should also take courses in finance to gain relevant certificates such as CPA, ACCA, or CFA to affirm your capacity.
Accumulate experience
You cannot enter the financial industry without work experience. Because of the nature of this industry, all jobs, financial reports, and budgets always need accuracy and require experienced workers to do the best work.
You can start as a staff/financial analyst, then continue to gain experience to advance to higher positions in the industry. When you have extensive expertise and experience, you will have multitudinous choices about job opportunities in the financial field, becoming a bright candidate sought after by businesses.
This field requires a high level of expertise and work experience
Have computer and foreign languages skills
Office information and foreign languages are considered the golden key for all professions. In the financial sector, this factor becomes even more vital. You must have sufficient foreign language skills to be able to communicate with partners or members of foreign enterprises or be proficient in computers to read documents and write financial statements. Try to improve your foreign language and computer skills to serve the best work.
Feature mathematical and logical thinking skills
Working in this field, you are constantly exposed to a series of numbers and countless complex calculations. Therefore, calculation skills are crucial. You must also have a good memory and the ability to think analytically and make judgments precisely to effectively solve problems related to cash flow.
Have time management skills and ability to work well under pressure
Working with numbers and money-related work will put you in a state of stress. Therefore, you must have good health and spirit and know how to arrange time reasonably to complete the work on schedule with the best quality.
Be prudent
The nature of financial work requires high accuracy because a small error can make the performer face serious consequences. Therefore, you must be careful, meticulous, and accurate on each number and report.
4. Address to find a prestigious financial job
There are many different recruitment sources. In order not to miss any quality job opportunities in the financial industry, don't hesitate to visit the recruitment site Navigossearch.com.
Established in 2002, Navigos Search is Vietnam's leading middle and senior-level recruitment company. We always quickly update quality job positions in finance at large enterprises at the Jobs category on Navigossearch.com. By sending us your CV, our experts will search for suitable job positions and actively contact you if there is any suitable vacancy.
Especially, after getting the nod for the job, our recruitment specialists continue to support candidates during and after the probationary period. With over 20 years of experience in recruiting middle and high-level talents, Navigos Search has provided potential candidates with hundreds of thousands of quality jobs in large enterprises and corporations across Vietnam.
Navigos Search helps candidates get their dream job
Hope you will prepare well to easily conquer financial positions at Navigossearch.com!
Navigos Search - Vietnam's leading middle and high-level talent hunting company