Post job

What is a finance professional and how to become one

Updated January 8, 2025
4 min read
Quoted expert
Price Fishback Ph.D.
introduction image

A finance professional is an individual who manages financial matters for organizations or individuals. They analyze, interpret, and report financial data to make informed decisions about investments, budgets, and expenses. They also manage financial risks and develop investment strategies to increase profits. Finance professionals work in a variety of settings, including banks, corporations, government agencies, and non-profit organizations. Overall, finance professionals play a critical role in ensuring the financial health of their clients or organizations.

What general advice would you give to a finance professional?

Price Fishback Ph.D.Price Fishback Ph.D. LinkedIn profile

APS Professor of Economics at the University of Arizona, The University of Arizona

Gain a great deal of oral and written presentation skills, training in statistics, and experience with computers.
ScoreFinance ProfessionalUS Average
Salary
4.3

Avg. Salary $55,551

Avg. Salary $59,228

Stability level
6.6

Growth rate 15%

Growth rate 0.3%

Diversity
5.0
Race

American Indian and Alaska Native 0.11%

Asian 8.42%

Black or African American 5.70%

Hispanic or Latino 9.54%

Unknown 4.37%

White 71.87%

Gender

female 26.43%

male 73.57%

Age - 44
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44
Stress level
6.6

Stress level is high

7.1 - high

Complexity level
8.8

Complexity level is advanced

7 - challenging

Work life balance
5.6

Work life balance is fair

6.4 - fair

What are the pros and cons of being a finance professional?

Pros

  • High earning potential

  • Opportunities for career advancement

  • Constant learning and development opportunities

  • Challenging and intellectually stimulating work

  • Prestige and respect within the industry

Cons

  • Long hours and high stress levels

  • Pressure to meet deadlines and produce accurate results

  • Frequent changes in regulations and accounting standards

  • Limited work-life balance

  • Intense competition within the industry

Finance professional career paths

Key steps to become a finance professional

  1. Explore finance professional education requirements

    Most common finance professional degrees

    Bachelor's

    77.2 %

    Master's

    11.1 %

    Associate

    8.5 %
  2. Start to develop specific finance professional skills

    SkillsPercentages
    Financial Objectives16.55%
    Financial Products15.28%
    Securities11.31%
    FINRA10.39%
    Annuities9.45%
  3. Complete relevant finance professional training and internships

    Accountants spend an average of 1-2 years on post-employment, on-the-job training. New finance professionals learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a finance professional based on U.S. Bureau of Labor Statistics data and data from real finance professional resumes.
  4. Research finance professional duties and responsibilities

    • Evaluate, present, and manage solutions in alignment with client needs and NASD requirements.
    • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
    • License to provide health and life insurance, annuities, securities, and long term care products.
    • Develop and present retirement solutions involving annuities , 401K plans and life insurance products to customers and finalize sales contracts.
  5. Prepare your finance professional resume

    When your background is strong enough, you can start writing your finance professional resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a finance professional resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable finance professional resume templates

    Build a professional finance professional resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your finance professional resume.
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
    Finance Professional Resume
  6. Apply for finance professional jobs

    Now it's time to start searching for a finance professional job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first finance professional job

Zippi

Are you a finance professional?

Share your story for a free salary report.

Average finance professional salary

The average finance professional salary in the United States is $55,551 per year or $27 per hour. Finance professional salaries range between $31,000 and $97,000 per year.

Average finance professional salary
$55,551 Yearly
$26.71 hourly

What am I worth?

salary-calculator

How do finance professionals rate their job?

-/5

5 stars

4 stars

3 stars

2 stars

1 star

Finance professional reviews

profile
A zippia user wrote a review on Feb 2024
Pros

Hi pay low pay never know how much you’re gonna get paid

Cons

Never knowing how much you’re gonna get paid


profile
A zippia user wrote a review on Feb 2020
Pros

It really gets my mind engaged, which is good for my mental exercise.


Working as a finance professional? Share your experience anonymously.
Overall rating*
Career growth
Work/Life balance
Pay/Salary

Finance professional FAQs

Search for finance professional jobs

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse business and financial jobs