If you have a penchant for financial management and accounting, then it’s unlikely you’ll struggle to find career opportunities throughout your lifetime. Many people out there, including business owners themselves, shy away from topics surrounding finances and feel much more confident leaving these things in the hands of those who have a natural affinity for this area of expertise. However, while you might have a way with numbers and money management, you might still be uncertain as to which path to go down, and there are quite a few to choose from. To help you make a decision, we’ve listed four popular accounting and finance career options for you to consider.
1. Chartered Accountant
This is a role that is directly related to a degree in accounting and is therefore perfect for someone who is naturally gifted when it comes to managing budgets and financial systems, providing financial advice and completing financial audits. Taking on a role like this will, as we say, require qualifications in an accounting-related area, but you’ll also want to develop a number of other skills, including certain soft skills, to improve your chances of securing a role like this. Creative skills are crucial in accountancy and will suit someone looking to solve problems. Communication skills, time management, and team working are all important things to develop for most roles but are definitely useful as an accountant.
2. Business Development Manager
A career in business development is significantly improved when you have a good understanding of finances and managing budgets. However, it requires a greater understanding of the management of a business as well as how to encourage the growth of the business. While you can be a general business development manager transferring your skills to any and all industries, having a specific interest in a particular industry is worthwhile, focusing on developing businesses within that area. This could be finance itself or something such as IT, healthcare, or construction, to name a few suggestions.
3. Mortgage Advisor
The real estate industry continues to be strong and getting involved in it as a career could be a worthwhile pursuit for someone in accounting. Alongside skills you could gain from studying a real estate economics course, you’ll spend time advising homebuyers on the pros and cons of certain mortgages. You’ll also guide them on what they need to do to improve their chances of securing a mortgage and towards the right properties for them. A good mortgage advisor is a very valuable asset for homebuyers. This can be a very stressful time and often involves the largest purchase they’ll make in their lifetime. Having someone on their side can help to alleviate that stress and help them to make the right decisions.
4. Procurement Manager
Another great role you could get into would be that of a procurement manager for a business. These professionals will often work as part of a team to source and purchase products and services. This can include sourcing raw materials for companies that manufacture products, procuring items for a retail company to sell, and hiring freelancers to provide services that the company needs. Or you may have the responsibility of procuring items that you and your colleagues need to complete their jobs or that improve the quality of life for the whole team. You’d be responsible for assessing demand levels for these products and services and deciding on what needs to be procured to ensure the business continues running smoothly.