Finance Officer
Job Description:Finance officers help to manage the finances of an organisation by keeping track of its income and controlling its spending.
Job Category:What you will do:
As part of your day-to-day duties, you could:
- record financial transactions on computer systems
- produce financial forecasts
- deal with payroll, invoices, expenses and VAT
- resolve payment questions for external contractors
- carry out financial audits
- create budget reports
- present reports to managers
Skills:
You’ll need:
- knowledge of economics and accounting
- maths knowledge
- to be able to use a computer and the main software packages competently
As well as:
- analytical thinking skills
- financial & business management skills
- leadership skills
- the ability to use your initiative (drive)
- to be thorough and pay attention to detail (organisational skills)
Entry Requirements:
You can get into this job through:
- a university course
- a college course
- an apprenticeship
- working towards this role
- applying directly
University
Some employers may ask for a relevant degree in a subject like:
- finance
- accounting
- business studies
College
You may find it useful to do a college course, which could help you get a trainee job with a financial firm.
Courses include:
- Level 2 Certificate in Bookkeeping
- Level 2 Certificate in Accounting
- Level 3 Certificate in Financial Studies
- T Level in Accounting
Apprenticeship
You can get into this job through an assistant accountant advanced apprenticeship.
Work
You could start as a finance assistant or accounts assistant and then work your way into this role after getting experience.
Direct Application
If you want to apply directly for jobs, in the UK, for example, you’ll usually need GCSEs, including maths and English. A-levels in maths, business studies or economics may also be useful.
Working Hours and Environment:
You could work in an office or from home.
Career Path & Progression:
With experience, you could become a senior finance officer, finance manager or train to be an accountant.