With the increasing relaxation and the “new normal”, the chances for newcomers and those returning to work are increasing. We introduce you to the current top 5 finance positions in which experts now have good prospects.
New priorities in finance
The job market for financial jobs has suffered greatly. But meanwhile, the light at the end of the tunnel is visible because most of the companies are recovering and repositioning themselves thanks to the relaxation.
Especially in this build-up phase, financial professionals with their expertise occupy a key position in many ailing companies. With their work they support, among other things,
- Re-evaluate and adjust budgets,
- Analyze business and HR strategies and
- Revise sales forecasts.
That is why professions such as accountants, accounts payable clerks, accounting clerks, payroll clerks, or controllers are currently in great demand in finance.
This overview shows what the situation looks like for these top 5 finance positions.
Financial accounting: facts for management
In the coming months, companies will have to reorient themselves and optimize their strategies. The focus is on the question of how ailing or healthy you are at the core
For the answer, the management needs a reliable and transparent basis of relevant business figures on which it can assess the current financial situation and forecast future effects.
This is the hour for talented financial accountants.
They provide the management with tools and information for quick and well-founded decisions. The aim is, among other things, to maintain essential cash flow statements as well as monthly profit and loss statements.
Accounts Payable: Guarantee for the cash flow
Under the restrictions, income in numerous companies collapsed or even completely disappeared. However, the fixed costs and outstanding accounts have remained. For example, the companies still had to pay rent, loans, and employees.
At the same time, securing finances and managing expenses were and are the focus to maintain the cash flow for business continuity.
That is why there is a strong demand for jobs in accounts payable and accounts receivable in finance.
Above all, experienced specialists are likely to be increasingly sought because they play an important role in the current environment. Opportunities for them arise primarily in larger companies, which often split their accounting into accounts receivable, accounts payable, and financial accounting.
Accounting clerk: support for accounting
The areas of application for clerks in accounting are generally diverse – and particularly valuable under the current circumstances. Their use is in demand in practically all areas of accounting. You are welcome in, for example, the
- Accounts Receivable or Accounts Payable,
- Asset accounting,
- Payroll.
Because they perform numerous different tasks there and elsewhere, they are, so to speak, the bureaucratic backbone of a company. In the current situation, in particular, they are taking on a lot of work and support in the background with the reorientation in their departments.
There will be a lot to do for the accounting clerk there soon.
Payroll clerk: partner for the employees
Payroll clerks have had a lot to do in the past few weeks and months. On the one hand, they support the day-to-day business by managing the contracts of both permanent and freelance employees. On the other hand, there were often extraordinary wages and salaries due to layoffs or short-time work.
The workload will hardly decrease soon if changes in short-time work or some cases new hires are to be expected.
These have to look after payroll clerks and enter them into the payroll system.
And of course, they are also the first point of contact for all questions relating to income tax, labor, and social security law for employees. Experienced workers have particularly good cards in this environment.
Controller: Guides for the course
The period of extensive lockdown resulted in various types of turbulence in companies. This makes an extensive inventory in many departments necessary now at the latest. That is why the need is also growing in the company’s controlling departments.
Specialized specialists are called upon to support the management level in staying on course on the way to newly set corporate goals. If they discover deviations, they have to sound the alarm and take corrective action.
Controllers thus play a decisive role in business management planning, cost accounting, and reporting.