A finance assistant contributes to carrying out daily tasks at a financial institution or department. Working under the supervision of the finance director, he or she assists staff in maintaining accounts and troubleshooting transactions.
Finance assistants will perform data entry and create balance sheets, keep financial records updated, and order and prepare invoices. They also assist in creating reports on cost analysis to present to management.
This is an entry-level position that may lead to roles with higher responsibilities in accounting or financial analysis. You need to be good at math and have an obsessive attention to detail to good at this job.
There is more than meets the eye when it comes to being a finance assistant. For example, did you know that they make an average of $19.26 an hour? That's $40,060 a year!
Between 2018 and 2028, the career is expected to grow -7% and produce -276,700 job opportunities across the U.S.
There are certain skills that many finance assistants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed interpersonal skills, writing skills and organizational skills.
When it comes to the most important skills required to be a finance assistant, we found that a lot of resumes listed 16.0% of finance assistants included customer service, while 9.4% of resumes included communication, and 7.7% of resumes included data entry. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the finance assistant job title. But what industry to start with? Most finance assistants actually find jobs in the education and finance industries.
If you're interested in becoming a finance assistant, one of the first things to consider is how much education you need. We've determined that 59.0% of finance assistants have a bachelor's degree. In terms of higher education levels, we found that 7.5% of finance assistants have master's degrees. Even though most finance assistants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance assistant. When we researched the most common majors for a finance assistant, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance assistant resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a finance assistant. In fact, many finance assistant jobs require experience in a role such as administrative assistant. Meanwhile, many finance assistants also have previous career experience in roles such as customer service representative or internship.