Finance jobs are among the most competitive in the world, with plenty of opportunities for those who want to join.
If you’re considering a career in this field but don’t know where to start, this guide will help.
It’s about time we talk about the best entry-level finance jobs in 2023.
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Entry Level Finance Jobs In 2023
This list shows a list of entry-level jobs perfect for someone just starting or looking for their first job after college graduation.
The cashier is the first point of contact for a customer.
They check out customers, process payments, and ensure everyone’s happy with their purchase.
It’s not just about being friendly, though – you’ll also need to know how much things cost and be able to handle cash, credit cards, or check.
You must be able to work independently in a fast-paced environment where mistakes can happen quickly.
2. Store Manager
A store manager is responsible for all aspects of a business, including inventory, marketing, and sales.
They’re also expected to manage employees and oversee facilities.
As a store manager, you’ll hire new employees and train them on the job.
Your responsibilities will vary depending on your location. You might be responsible for more than one store or just one location.
Still, whatever it is that makes up your workload each day will require creativity and problem-solving skills that are necessary for success at all levels within this position.
The average salary for this job varies depending on where you live, although it is about $47K-$52K per year.
3. POS Clerk
For those with a strong work ethic and who are willing to learn, being a POS clerk could be the perfect job.
The responsibilities of this position include:
- Processing transactions in a retail store or restaurant.
- Entering data into the computer system.
- Maintaining an efficient cash register system.
POS clerks usually start as sales associates before moving on to various other roles within the company.
This includes customer service representatives and inventory control specialists.
They will also learn how to handle stock management tasks such as ordering supplies or managing inventory levels for specific categories within their branch locations (for example, cosmetics or electronics).
POS clerks typically earn between $11-$15 per hour depending on experience level.
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4. Credit Analyst
An entry-level job as a credit analyst can be extremely lucrative.
Credit analysts are responsible for analyzing financial documents and providing advice on issues related to credit, such as how much someone should borrow, how long they should keep their loans out for, or whether or not it’s worth taking out a second mortgage.
They also help identify risks and opportunities by reviewing the reports from other members of the team (such as underwriters).
The exciting part about this job is that you can make your own decisions about who you want to lend money.
It’s great because you’ll get paid well if things go wrong.
Also, if everything works out just right, then there could be some pretty amazing rewards at stake too.
5. Human Capital Analyst
Human Capital Analysts are responsible for analyzing human resource data and making recommendations based on that analysis.
This job requires you to set goals before starting, but don’t worry about other people’s goals.
Focus on your own, as well as how they’re going to help you achieve them. For example:
- Set monthly fitness goals to help you get stronger and fitter in 3-6 months (such as doing ten pushups daily).
- Create a plan to lose weight faster by eating fewer carbs or exercising more regularly.
6. Service Desk Support Engineer
A Service Desk Support Engineer is responsible for technical assistance to customers and users of the organization’s IT, business systems, and services.
They are also responsible for maintaining and supporting all components within the company’s IT infrastructure.
The role includes:
- Providing support to internal departments as well as external groups (such as clients) located across multiple locations or countries
- Working with other IT specialists who may need help understanding how things work within their department or group.
- Helping them fix issues related to software upgrades or new builds.
- Making sure that all critical data remains secure at all times
7. CFO Assistant
The CFO Assistant is responsible for assisting the Chief Financial Officer (CFO) in all aspects of financial operations, including budgeting, forecasting, and analysis.
This position requires a bachelor’s degree in business administration or accounting and several years of experience working as an accountant.
The responsibilities of this role include:
- Managing internal controls.
- Creating financial statements.
- Analyzing data from various sources.
8. Credit Analyst II
As a Credit Analyst II, you’ll be responsible for the following:
- Analyzing credit risk,
- Developing strategies to mitigate risk,
- Reviewing credit policies and procedures,
- Recommending changes to improve the overall quality of your organization’s portfolio.
You’ll also be responsible for approving or denying applications from customers throughout the process (including evaluating their ability to repay).
In addition to these tasks related directly to managing customers’ accounts, you’ll also need to ensure that all records are maintained so that they can be easily accessed at any time by management or other departments within the company.
This includes monitoring activity on those accounts as well as resolving any disputes regarding charges made against those accounts in the past year.
9. Financial Controller Trainee/Internship
A financial controller is a person who monitors and controls the financial activities of a company.
A financial controller’s role is to ensure that all aspects of a company’s finances are handled properly, including accounting, tax planning, analysis, budgeting, and forecasting.
To become a financial controller, you need an undergraduate degree in business or economics with at least five years of relevant work experience in accounting or finance.
Suppose you have some experience working as an intern during university.
This will also help with your application process if you apply for entry-level jobs post-graduation.
10. Personal Banker Trainee/Internship
A personal banker is a person who helps customers with their financial needs, such as opening a bank account, paying bills, and managing investments.
Their role is to provide support for all of these areas so that customers can achieve their goals without spending time on paperwork or dealing with complicated matters.
They also assist in educating clients on how they can better manage their money by using online services like automatic deposit systems and mobile banking apps.
Personal Bankers often work in retail locations where many people come through the door daily.
These employees need to be able to listen well and think quickly under pressure; both qualities are essential for success in this position.
Some positions may require additional training after graduation from college, but most companies hire recent graduates immediately after graduation.
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11. Credit and Collections Assistant Trainee
You’ll be responsible for processing delinquent accounts as a Credit and Collections Assistant Trainee.
You will learn how to collect on delinquent accounts by working with collections agencies and understand the importance of credit and collections in today’s business world.
You will also learn how to use a collection agency, understand how credit scores are calculated, and apply for a credit card.
Accountants are the people who keep track of your money.
They make sure that you’re not wasting it, and they also make sure that if something goes wrong, you can fix it.
Accounting is a very popular career choice for those who like math and numbers, as well as being organized and understanding how to work with other people.
If this sounds like a good fit for you, consider taking some accounting classes so that when the time comes and someone asks if they should hire an accountant or not (and they will), you’ll be ready.
13. Tax Associate
A tax associate is a person who helps prepare and file the paperwork associated with a company’s taxes.
This includes the following:
- Preparing financial statements,
- Reading through contracts to determine if they contain any tax liabilities or credits,
- Creating schedules based on these contracts,
- Writing checks and other documents related to paying taxes (such as recording customer payments), etc.
To become a tax associate, you’ll need the following:
- strong math skills
- Good organizational abilities; you should be able to think logically about how things fit together.
- The ability to multi-task effectively – it’s not uncommon for people in this role (especially those working for large firms) to have multiple projects going simultaneously.
14. Financial Analyst
A financial analyst is a position that requires strong analytical skills, knowledge of accounting and finance, as well as the ability to make recommendations based on data analysis.
The primary job responsibilities of a financial analyst typically include the following:
- Creating reports for managers or executives within an organization about progress toward goals in terms of revenue growth, cost reduction, and other metrics.
- Evaluating how different variables impact performance (e.g., products or services offered by competitors).
- This can include analyzing sales figures by region or comparing product costs across different channels while also considering other factors, such as pricing strategies and promotions being offered at different times during each quarter/year cycle.
15. Data Analyst
Data analysts are responsible for the accuracy of data used in business decisions.
They typically work with information on a regular basis, analyzing it to find patterns and make predictions about the future.
Data analysts can be found in any industry—from healthcare to finance.
In addition to their role within an organization, they may also be tasked with creating reports on their own time or helping other people analyze data efficiently (such as by creating templates).
1. What Is Entry-Level In Finance?
You can get several entry-level jobs with a finance degree, depending on your area of study, type of degree, and experience. Junior tax accountants, stockbrokers, personal finance advisors, banking assistants, and financial analysts are a few entry-level choices.
2. How Do I Become A Financial Analyst With No Experience?
You become a financial analyst with no experience by earning your bachelor’s degree, earning a financial analyst certification, and obtaining an internship.
3. What Is An Entry-Level 1?
It is the preliminary form of qualification, providing learners with an introduction to education. They are not generally compulsory. Entry-level qualifications are available in three subcategories which progressively get more difficult: Entry level 1, 2, and 3.
4. What Are The Four Basic Areas Of Finance?
There are four main areas of finance: banks, institutions, public accounting, and corporate.
5. What Is The Most Common Job In Finance?
6. What Is The Hardest Finance Job To Get?
The positions that some financial recruiters have identified as the hardest and most competitive jobs to fill include controllers (including hedge fund controllers), tax managers, fund and senior-level accountants, and valuation analysts.
7. Which City Is Best For Finance Jobs?
Also known as India’s financial capital, Mumbai showcases its dominance in business and economic sectors.
8. Does Finance Pay Better Than Accounting?
Based on NACE data, those with bachelor’s degrees in finance tend to have slightly higher starting median incomes than those with accounting degrees.
9. Can I Do CFA Without Experience?
You must have a minimum of 4,000 hours of experience, completed at least 36 months.
10. What Type Of People Do Well In Finance?
They are sharp, analytical thinkers and strong communicators who can share their insights when called upon.
We hope this list of 15 entry-level finance jobs in 2023 helps you prepare for the future.
If you’re looking to start your career in finance or have already started, these positions will give you an idea of what to expect from your first position.
Remember that there are many more opportunities in the market to choose from as well.