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Moving up in the Finance Industry

Moving up in the Finance Industry

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Published by Monster UK
A guide for Finance professionals with a few years experience who are looking to move onto the next stage in their career, either through a new job or with a promotion.
A guide for Finance professionals with a few years experience who are looking to move onto the next stage in their career, either through a new job or with a promotion.

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Published by: Monster UK on Sep 22, 2009
Copyright:Attribution Non-commercial

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11/12/2012

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Moving up in the Finance Industry
What can my nextfinance move be?
The world of finance never stands still. Characterised by  peaks and troughs, the industry is arguably the one that revels most when the economy is strong and feels the pinchmore than other sectors when it is not. But that’s what makesthe industry so interesting, challenging, and for those withambition, opportunistic.
Just as entry level jobs are hotly contested, the same can be said of all positions from across the financial spectrum. So if you havedecided that you want
to
pursue your career further and arewondering what your next move could be, here is a selection of some of the paths open to you from across the accountancy,banking and financial services industry.
Graduate Accountant
Qualified accountants are hot property and there are a number of different avenues that you can take. Some opt to specialise in areassuch as tax or management accounting in the public or privatesector while others choose to moving into a Senior Accountant,Auditor, Financial Controller or Management Accountant role .
Job Searches
 
Trainee Bank Manager 
The career structure in banking is more akin to most commercialorganisations. Upon completing your apprenticeship as it were,trainees managers will move up as Assistant Manager before takingon a Branch Manager position and then into Regional Manager.
Actuary
As a Student Actuary you will be expected to work towardsbecoming a fully fledged actuary - a process that can take anywherebetween three and six years. Once fully qualified your Actuarialcareer will move forward relatively swiftly, first into a Senior Actuary/Junior Consultant role and then Section Manager position.
Investment Analyst
After around three years of when you will have undergoneprofessional development and developed considerable experienceas an Analyst, the next logical step is Fund Manager before movinginto an Associate role.
Tax Adviser 
Upon gaining the Association of Taxation Technicians (ATT)qualification you can move into a number of specialist fields of taxconsultancy, commerce, industry, government or the private sector.Some people opt to go it alone as a freelance tax consultant.The importance of continued professional development across thefinance sector cannot be underestimated. So once you haveidentified the path that you want your career to take, find out whatcourses are training programmes are available through your employer or relevant professional association.
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