Your List of Entry-Level Accounting and Finance Jobs for 2014: Part 3 of 3

Your List of Entry-Level Accounting and Finance Jobs for 2014: Part 3 of 3

Welcome to part three in our three-part series on entry-level finance and accounting jobs to consider for recent or soon-to-be graduates with 4-year accounting or finance degrees. In parts one and two, we covered entry-level jobs in the fields of accounting, insurance, finance and banking along with the median income for these jobs as estimated by the Bureau of Labor and Statistics (BLS). To wrap up, we will cover some positions you could find at a number of other private, public or government organizations.

So for recent grads interested in working for businesses in other industries or the government, plenty of opportunities exist to kick off their accounting and finance careers. Think about topics and industries that you migrate toward when you hear news online or when you’re watching T.V.

Entry-level finance and accounting jobs can be found in manufacturing, at marketing and advertising agencies, for technology and energy companies, with city, state and local governments and more. If you look outside of traditional accounting and finance firms for work, you might be surprised how many operations (big and small) have openings for recent accounting and finance grads.

Along with the traditional entry-level accounting jobs we discussed earlier, here are a few additional positions to consider in the private, public and government sectors.

Tax associate/specialist, auditor, collector or revenue agent. Does tax law put a spring in your step? Then you will have plenty of entry-level job opportunities with corporations and the government to consider. Corporate tax laws change every year, and an entry-level tax associate can help public and private corporations stay on top of changes in tax legislation and corporate tax code. On the government side, you can find entry-level opportunities reviewing and monitoring tax filings to ensure compliance or assist with collections of unpaid taxes. Median Income: $49,360.

Budget analyst. Whether a business has 10 employees or 10,000, it has a budget to manage. Entry-level budget analysts review existing budgets and expenses and proposed budgets for new initiatives. It is the budget analyst’s job to recommend where expenses and costs can be reigned in and identify opportunities to increase revenues. It helps to be a good communicator and a “people person” in this role, because along with developing financial reports, an analyst typically interacts with multiple departments and personnel to gather data. Median Income: $68,200.

Financial auditor. Corporations are under a higher level of scrutiny since the economic collapse, which resulted in an abundance of new government regulations in recent years. As an entry-level financial auditor you would review financial statements and ensure that public records are properly kept and reported. Monitoring legislation that applies to the business and industry niche to ensure compliance, may also be part of a financial auditor’s job duties. The auditor might also provide insight regarding general business operations, product development and mergers and acquisitions. Median Income: $61,690 (though many financial auditor positions will require an MBA).

Financial manager, controller or finance officer. An MBA is often required for financial manager positions, but some smaller companies will hire graduates with 4-year finance or accounting degrees and some previous work experience for these jobs. Financial managers/controllers oversee a variety of finance-related initiatives and employees. They are responsible for preparing and managing financial reports (balance sheets, budgets, expenses, revenue, forecasts, etc.), monitoring corporate investments, managing human resources concerns and making sure tax and regulatory obligations are met. Median Income: $103,910.

Clearly, this list should just be a starting point for you. You can find a number of additional entry-level jobs under different job titles, with varying job descriptions and many duties that overlap.

If you’re searching for an entry-level finance or accounting position, look to Doostang. We specialize in helping top accounting and finance grads and MBAs find great jobs with some of the top finance and accounting firms and in other industries nationwide.

Ready to start your job search now? Visit Doostang’s website and sign up today – it just takes 30 seconds.

Photo Source: Shutterstock

Resources:

“Occupational Outlook Handbook.” United States Department of Labor, Bureau of Labor Statistics. Available at http://www.bls.gov/ooh/. Accessed Nov. 29, 2013.

Your List of Entry-Level Accounting and Finance Jobs for 2014: Part 2 of 3

Your List of Entry-Level Accounting and Finance Jobs for 2014: Part 2 of 3

This is the second in our three-part series on entry-level finance and accounting jobs to consider for recent or soon-to-be graduates with 4-year accounting or finance degrees. In part one, we covered entry-level jobs in the field of accounting and the insurance industry along with the median income for these jobs as estimated by the Bureau of Labor and Statistics (BLS). Here we will discuss opportunities available in the finance and banking niches. The final post will review other jobs in the private and public sectors.

Entry-Level Finance Jobs

If you plan to head to Wall Street or work for a top firm in the finance industry there are a wide variety of entry-level positions to consider. Some of the best jobs often go to candidates with MBAs, but prior experience in the finance industry might get you a shot at positions with the top firms.

Money manager. If helping organizations manage different types of investments, investment pools or mutual funds appeals to you, look into entry-level money manager opportunities. Money managers typically specialize in a specific type of investment or program such as investment portfolio management, portfolio sales or hedge fund analysis. The BLS didn’t provide a median income for money managers, but compensation is based on performance. So if you work hard, know your niche and do your research, a money manager job could net you well into the six figures over time.

Financial advisor or financial planner. Would you prefer to work with individuals versus corporations? Then a financial advisor job might be up your alley. Personal financial advisors help people decide where and when to invest their money over the short- and/or long-term, much like financial analysts do for corporations. Median Income: $64,750.

Stockbroker. Along with your 4-year degree, you’ll need to have thick skin, enjoy squashing the competition and excel at networking to succeed in the highly competitive securities industry. Successful stockbrokers earn a healthy living but on-the-job stress can take its toll. Median Income: $70,190.

Financial analyst. Financial analyst jobs come in all shapes and sizes and specialties. If you are comfortable immersing yourself in large volumes of data, can grasp and communicate complex economic and financial insights and are able to formulate sound recommendations based on your research – consider a job as a financial analyst. Long hours, travel to unglamorous locales and a nice paycheck are typical “perks” of entry-level financial analyst jobs. Median Income: $74,350.

Entry-Level Banking Jobs

The world of banking also offers a plethora of opportunities for recent college grads. Whether you’re leaning toward working at one of the top investment banking firms, one of the “big banks” (think Chase, Citi, Wells Fargo, U.S. Bank, etc.) or a local community bank, an entry-level banking position can open the door for a number of finance career paths down the road.

Investment banking analyst. Competition is tough for entry-level investment banking analyst jobs, much like financial analyst positions – because they both pay well. I-banking analysts perform similar duties to financial analysts, performing research and creating reports, but focus specifically on securities. Median Income: the BLS didn’t provide median income for this position specifically, however these jobs fall into the same pay scale range as financial analysts, so expect a similar median income of $74,350.

Mortgage underwriter. Like insurance underwriters, mortgage underwriters evaluate risk to determine whether to issue a mortgage and under what terms. If you’re interested in a mortgage banking career, an entry-level mortgage underwriter job could be a good start. Median Income: $56,490 (included under the same category as loan officer).

Loan officer. Loan officers at financial institutions perform some risk analysis duties in conjunction with underwriters, but also work directly with individuals and businesses requesting loans (home, business, vehicle, etc.) to make sure paperwork is properly filled out and to review loan options. Median Income: $56,490.

Credit analyst. Another type of financial analyst role, entry-level credit analysts research companies to determine whether they are a safe risk and make recommendations to financial institutions as to whether they should set up a lending arrangement with the business in question. Median Income: again, no specific entry from the BLS, but we estimate pay scale range would be similar to or less than typical financial analysts.

Financial examiner or bank examiner. Would you like to review the books and financial transactions of financial institutions? Look for entry-level financial examiner jobs. These examiners review financial statements, transactions and more to determine if the institution is in compliance with government regulations. Median Income: $74,940.

Part three of this series will cover entry-level finance and accounting jobs in the general private and public sectors.

Ready to start your job search now? Visit Doostang’s website and sign up today – it just takes 30 seconds.

Photo Source: Shutterstock

Resources:

“Occupational Outlook Handbook.” United States Department of Labor, Bureau of Labor Statistics. Available at http://www.bls.gov/ooh/. Accessed Nov. 29, 2013.

Your List of Entry-Level Accounting and Finance Jobs for 2014: Part 1 of 3

Your List of Entry-Level Accounting and Finance Jobs for 2014

Another round of accounting and finance majors are set to secure their undergraduate diplomas in the coming weeks. Next up? Recent grads will either head to graduate school or start looking for a job. If you’re a soon-to-be graduate, in search of entry-level accounting and finance jobs, what type of position appeals to you?

The competition is stiff for new graduates, so having options doesn’t hurt. You may not get your dream job straight out of the gate, but getting experience to further your finance career will help you advance to top accounting and finance jobs down the road.

We’ve compiled a list of jobs for you to peruse, along with median income expectations from the Bureau of Labor and Statistics’ (BLS) most recent research.

In the first part of this three-part series, we will review jobs in accounting and those in the insurance sector. Parts two and three will cover jobs in finance, banking and other positions available in the private and public sectors.

Entry-Level Accounting Jobs

Graduates with 4-year accounting degrees are in demand and have a better chance of finding work than many other recent grads according to research from the University of California, San Diego. If you’re looking at options for entry-level accounting jobs, you might consider the following positions.

Accounts payable, accounts receivable clerk. These positions require little to no experience and many positions only require a high school diploma. If you’re looking for a position to help pay the bills until a better paying gig comes along or for a way to get your foot in the door at a prestigious company, consider an AP/AR job. Median Income: $34,030.

Accountant. A wide variety of accountant positions exist in private and public corporations as well as at government agencies. Possible job titles include accounting generalist, cost accountant, tax accountant, accounting manager, corporate controller, corporate accountant, certified public accountant (CPA) and more. Read this recent post for a detailed breakdown of entry-level accounting career options. Median Income: $61,690.

Auditor. The Wall Street meltdown was followed by a series of new regulatory and compliance requirements via the Sarbanes-Oxley and Dodd-Frank Acts, meaning the government is keeping closer watch on how businesses handle money. This has lead to a rise in the number of auditor positions available across all industries and sectors. If reviewing financial statements and minding city, state and federal legislation intrigues you, consider a role as an auditor. Median Income: $61,690.

Entry-Level Insurance Jobs

Insurance is another industry sector that employs accounting and finance professionals. Job security is typically one of the perks for hard-working pros in the insurance industry. Along with a variety of financial analyst opportunities, consider these entry-level jobs if you’re interested in working in insurance.

Underwriter. Simply put, the insurance underwriter reviews actuarial findings to determine whether the insurance company should issue an insurance policy to an individual or organization. They also recommend insurance premiums based on the level of risk calculated for the proposed insured. Median Income: $59,290.

Actuary or actuarial analyst. Actuaries may work in other industry sectors, but are most often associated with insurance. If you enjoy making sense of large volumes of data and forecasting risk (of death, injury, illness, property loss, etc.) based on your research, a career as an actuary might be a good fit for you. Median Income: $87,650.

Part two of this series will cover entry-level finance and accounting jobs in finance and banking. We will close out the series in part 3, looking at others accounting and finance positions in the private and public sectors.

Ready to start your job search now? Visit Doostang’s website and sign up today – it just takes 30 seconds.

Photo Source: Shutterstock

Resources:

“Occupational Outlook Handbook.” United States Department of Labor, Bureau of Labor Statistics. Available at http://www.bls.gov/ooh/. Accessed Nov. 29, 2013.

Entry-Level Accounting Jobs for Recent College Grads

Entry-Level Accounting Jobs for Recent College GradsIf you’re a recent college graduate with a 4-year accounting degree, current job prospects are brighter for you than many other college grads. In fact, accountant and auditor jobs recently ranked No. 4 on UC San Diego’s HOT Careers list. This report looked at which positions college grads would have the best chance at securing without needing additional education.1

Entry-level accounting jobs and internships come in a wide variety of shapes and sizes, or should we say industries and job titles. If you are ready start your job search, but aren’t sure which type of accounting position to pursue, here’s a breakdown of some of the top jobs available for recent grads with 4-year accounting degrees.

Accountant Jobs

You graduated with an accounting degree, so a job as an accountant is pretty obvious, right? Consider looking for a job as an in-house accountant, or put your accounting skills to work for your city, state or federal government.2 Accountant positions typically fall into one of the following categories:

Generalist. If you would like the opportunity to perform a wide range of accounting tasks, look for a general accounting job. These positions come with variety and may give you the responsibility of managing other accounting staff.

Specialist. If you prefer to focus on a specific area of accounting, consider seeking out work as a specialist such as a cost accountant, tax accountant or auditor.

General Ledger. If you see yourself managing a corporation’s general ledger, preparing financial reports and overseeing the work of accounts-payable and accounts-receivable clerks, then look for work as a general ledger accountant. This position might also be referred to as a chief accountant, accounting manager, corporate controller or corporate accountant.

CPA (certified public accountant) Jobs

If you live and breathe accounting and want to work for a company that specializes in your field, consider becoming a CPA, and apply for work at a CPA firm. Or if you want to obtain a more advanced accounting position for a private corporation or the government, a CPA license might give you the leverage you need.

In order to be certified as a CPA, you will need to pass the CPA exam and work in the field for a minimum period of time, as determined by the state where you live. Many CPA firms will hire new accounting grads for entry-level CPA positions, even without a license. However, the new hire must currently be studying for his or her certification or start the process once they are on the job.

CPAs can find work in a variety of capacities and specialty areas – whether at a CPA firm, private company or government agency. According to the American Institute for Certified Public Accountants (AICPA), CPAs can support businesses in a number of ways:

– Assurance Services

– Consulting Services

– Information Technology Services

– Forensic Accounting

– Environmental Accounting

– International Accounting

– Tax and Financial Planning3

If you hope to advance your career in accounting, obtaining your CPA license can help give you an edge over the competition.

Financial Analyst Jobs

While you may need a finance degree (and an MBA) to secure a financial analyst position at one of the top finance firms, private corporations in industries such as manufacturing, e-commerce, health care, utilities and others often hire recent accounting graduates for financial analyst positions.

Entry-level financial analyst jobs don’t require prior experience, but you can expect to work a lot of hours. The median income for a financial analyst comes in at about $75,000 per year, which makes these positions highly desirable and helps take the sting out of the long hours.

If you are a strong researcher, who excels at creating detailed financial reports and can make sense of large volumes of data, a financial analyst position might be right for you.

Recent college grads with 4-year accounting degrees have an abundance of career options to choose from today. If you’re looking for the best entry-level accounting and finance jobs, visit the Doostang website, and start searching for accounting jobs and finance careers now. We specialize in helping recent accounting and finance graduates get hired.

Photo Source: Shutterstock

Sources:

1. DeVries, H., MBA; Baru, S, Ph.D.; Shapiro, J., Ph.D. “HOT Careers for College Grads and Returning Students 2014,” (special report). 2013. UC San Diego Extension. Available at http://extension.ucsd.edu/about/index.cfm?vAction=reports. Accessed Nov. 18, 2013.

2. Cohn, M. “Top Entry-Level Accounting and Finance Jobs.” Accounting Today website; May 29, 2013. Available at http://www.accountingtoday.com/news/Top-Entry-Level-Accounting-Finance-Jobs-62796-1.html. Accessed Nov. 18, 2013.

3. “What Does a CPA Do?” Pennsylvania Institute for Certified Public Accountants website. Available at http://www.picpa.org/content/38406.aspx. Accessed Nov. 18, 2013.

4. “Occupational Outlook Handbook, 2012-13 Edition, Financial Analysts.” Bureau of Labor Statistics, U.S. Department of Labor. Available at http://www.bls.gov/ooh/business-and-financial/financial-analysts.htm. Accessed Nov. 18, 2013.

Adding Pleasure to Your Business Trip

IB Analyst, New York, NY
Advertising Copywriter, Atlanta, GA
Analyst, Washington, DC
Strategy Consultant, SF Bay Area
Fund Accountant, New York, NY

More recent jobs you might like…

Oftentimes, the people who travel most for work are ironically the ones who have the most difficult time finding time to travel for personal purposes.  Perhaps it’s hard to find a good chunk of time to get away; or maybe the typical hassle that comes with airports and hotels is the last thing they want to deal with on their time off.  Whether or not this is the case, adding a little pleasure to a business trip can make constant traveling a lot more bearable.  And now that it’s summer and vacation is on everyone’s mind, a strategically planned business trip might actually double into that quick getaway you’ve been yearning for.  Here are some tips for spicing up those trips meant solely for work:

Plan Ahead

It’s hard to take advantage of what a new city has to offer if you’re doing it at the last minute.  However, if you do some research before your trip and figure out when you will have some spare time, you can plan to do a little sightseeing or fine dining on your own.  Not to mention, you’ll be more likely to stick with your plans if you think them through beforehand.

Spice up the Client Meetings

Wining and dining your clients is an expense that usually falls on your company’s tab, which is really nice.  But how many salmon dinners or rounds of golf can you take?  Try to plan some more interesting outings or explore unique restaurants in the area, so long as they allow you to maintain a professional environment.  Consider asking those local clients for suggestions on what they might like to do.

Squeeze in an Extra Day

Consider showing up a day beforehand or leaving a day after, especially if your business trip falls near a weekend.  It’s definitely possible to squeeze in personal activities between meetings, but it’s a lot less stressful if you have a day to yourself.  If you decide to do this, make sure to inform your boss of your plans, and to show him or her that you will be keeping business and personal expenses separate.

Bring Along Your Significant Other

Maybe your significant other has the flexibility and willingness to travel with you and spend time with you when you aren’t stuck in meetings.  If so, you can turn parts of your business trip into a small getaway, and explore the city and some nice restaurants together.  Again, be sure to keep your personal expenses separate, and to stay focused on work when you need to be. 

Traveling for work doesn’t have to be a drag.  All you need to do is find some creative ways to spend your down time, and a boring business trip can all of a sudden become a fun escape.

Happy traveling,

The Doostang Team

Doostang Success — Listings from Quality Employers who are Serious about Hiring

Leanne

NYU, 2010

“All things considered, graduating with a master of science in real estate finance should be concerning these days. The exception is when you receive multiple emails notifying you that an employer has downloaded your resume and shortly thereafter calls to request an interview. This was the case for me, and I cannot thank Doostang enough for facilitating this.

In my experience, Doostang provided job listings from quality employers who were serious about hiring.

This was a refreshing change to the many company websites which display job listings out of protocol but already have candidates teed up for the particular positions listed.

Doostang offered a way for me to differentiate myself amongst other candidates, whereas my university’s career website was bombarded with candidates just like me.

Doostang is not your monster.com, it is a very sophisticated, niche product that is tailored to well-educated and ambitious applicants in their 20s.

Thank you Doostang, you have my highest recommendation.”


Did you get a job through Doostang? Share your Doostang success story and get a $500 Signing Bonus from Doostang!

Here’s a small sample of the great jobs you’ll find on Doostang:

Research Associate – World’s Leading Finance & Investment Support Firm, New York, NY

Marketing & Communications Assistant – Chicago-Based Private Equity Investment Firm, Chicago, IL

Corporate Strategy Sr. Analyst – Venture-Backed Cleantech Company, SF Bay Area, CA

Sr. Consultant – Establish Management Consulting Firm, Chicago, IL

Quantitative Equity Analyst – Innovative Quantitative Investment Management Firm, Boston, MA

Search jobs on Doostang

Doostang Success — Summer Associate Job and a Full-Time Offer before Summer’s End

Dave

Fordham University – JD/MBA, 2010
Sales & Trading Summer Associate – Miller Tabak & Co.
Analyst – Aleutian Capital Group

“As my graduation loomed, I found myself quite anxious regarding my job prospects.  I had exhausted the relevant job postings at a variety of websites and was left with little, if anything, to show for all my hard work.  It was around then that one of my friends recommended Doostang.  I was unsure about the idea of paying monthly fees, but I was assured that it would be worth it.

From the very beginning, I was impressed by Doostang’s listings.

The fact that I could not only send my applications directly to employers, but that I could actually ascertain the time and day that my resume was viewed made me feel like I was actually part of a job application process, rather than a wild goose chase.

Within two weeks I was already scheduling interviews.

I received a Summer Associate position from one of my first Doostang-derived interviews, then, having continued sending out applications throughout the summer, I received a full-time offer from another firm before summer’s end.

Doostang ended up being the most valuable tool in my job search and I recommend it to any and all.”



Did you get a job through Doostang? Share your Doostang success story and get a $500 Signing Bonus from Doostang!

Here’s a small sample of the great jobs you’ll find on Doostang:

Portfolio Analyst – World’s Largest Manager of Leveraged & Inverse Funds, Bethesda, MD

Chief of Staff – Top Social Gaming Company, San Francisco, CA

Sr. Research Analyst – Boutique Hedge Fund, Palo Alto, CA

Business Strategist – Leader in Innovation Consulting, Alexandria, VA

Equity Research Associate – Long/Short Equity Hedge Fund, New York, NY

Search jobs on Doostang

Doostang New Jobs This Week: Feb 7 – 13


Doostang has thousands of highly sought after positions at companies like Google, Goldman Sachs, Bain Capital, Kohlberg Kravis & Roberts, Summit Partners, Time Warner, Facebook, and more. Looking to get ahead in your job search? Be the first to apply to these exceptional NEW jobs just posted on Doostang.


Analyst/Associate, New York, NY – Leading International Real Estate Merchant Bank seeks an Analyst/Associate.


Management Development Associate, Cleveland, OH – Top Industrial Supply Company seeks Management Development Associate.


Associate Private Equity, San Francisco, CA – San Francisco-Based Investment Advisor seeks Associate Private Equity.


Analyst, Watertown, MA – Boutique Strategy & Innovation Consulting Firm seeks an Analyst.


Investment Associate, Somerville, NJ – Growing Global Asset Management Firm seeks an Investment Associate.


Business Associate, New York, NY – Developer of Easy-to-Use Energy Efficiency Technologies seeks a Business Associate.


Analyst, Chicago, IL – Chicago-Based Private Equity Firm seeks an Analyst.

Doostang New Jobs This Week: Jan 17 – 23


Doostang has thousands of highly sought after positions at companies like Google, Goldman Sachs, Bain Capital, Kohlberg Kravis & Roberts, Summit Partners, Time Warner, Facebook, and more. Looking to get ahead in your job search? Be the first to apply to these exceptional NEW jobs just posted on Doostang.


Jr. Equity Analyst, New York, NY – Leading Investment Organization seeks Jr. Equity Analyst.


Vice President of Sales & Marketing , Philadelphia, PA – Leading Producer of Modular Buildings seeks Vice President of Sales & Marketing.


Hedge Fund Marketing Associate, Los Angeles, CA – Long/Short Equity Hedge Fund seeks Fund Marketing Associate.


Service Delivery Manager, Boston, MA – Market Leader in Provision of Consumer-Level Technology Services to the pharmaceutical market seeks Service Delivery Manager.


Equity Research Associate, San Francisco, CA – Boutique Investment Bank & Brokerage Firm seeks Equity Research Associate.


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Graduate Trainee Stockbroker, London, UK – Independent Stockbroker Company seeks Graduate Trainee Stockbroker.

Doostang New Jobs This Week: Dec 13 – 19


Doostang has thousands of highly sought after positions at companies like Google, Goldman Sachs, Bain Capital, Kohlberg Kravis & Roberts, Summit Partners, Time Warner, Facebook, and more. Looking to get ahead in your job search? Be the first to apply to these exceptional NEW jobs just posted on Doostang.


Private Equity Consulting Associate, San Francisco, CA – Leading Investment Advisory Firm seeks Private Equity Consulting Associate.


Product Marketing Associate, Jersey City, NJ – Rapidly Growing E-commerce seeks Product Marketing Associate.


Associate Analyst, Chicago, IL – Premier investment Manager seeks Associate Analyst.


Consultant, San Francisco, CA – Growing Sales Management Consulting Firm seeks Consultant.


Pre-MBA Private Equity Associate, Philadelphia, PA – Leading Publicly Traded Holding Company seeks Pre-MBA Private Equity Associate.


Business Analyst, Chicago, IL – Growing Sales Management Consulting Firm seeks Business Analyst.


Economist, New York, NY – High Profile Nation’s Economic Mission in America seeks Economist.