Jobs, Business and Careers Guide (Formally eJobz.in)

Finance Jobs

December 19, 2009 No Comment

With the growth in Indian economy, finance jobs in India offer great career options. As India’s economy is expected to grow at a rate of 7%, financial institutions will play a defining role in boosting the economy of the country. Bold steps taken by the government like unfreezing liquidity by cutting interest rates can help to sustain the financial sector at recession times and even create more finance jobs.

Entry Level Finance Jobs
Entry level finance jobs include handling account receivables and payable. In the position of account receivables, you track the money which flows in for the company. Your responsibilities would include billing clients for products or services availed, keeping tab of incoming money in the accounting database and work related to the bank.
In the accounts payable position, you need to take care of the money the company pays out. You have to organize and document the incoming bills. You are liable for coding of the outgoing payments to ensure that the money gets debited from the correct department’s budget.

Types of Finance Jobs
Given below is a compiled list of ten of the most popular financial jobs.

Finance Auditor – This is an important financial job where you audit the finances of a company. You can opt to become an internal or external financial auditor.
Finance Assistant- A finance assistant job may be an ideal entry level job. Here you get exposed to many of the different disciplines of finance.
Finance Accountant – This job is responsible for forecasting the future than assessing the past like auditing.
Finance Analyst – In this position you are responsible for analyzing the needs of the company’s business customers and stakeholders to highlight financial problems and suggest solutions.
Finance Banking jobs – Banking jobs offer huge scope in the financial sector. With the setting up of foreign banks the chances have increased considerably.
Finance Credit Controller –Credit controllers ensure that invoices created by the company are paid in a timely manner.
Financial Director – As a financial director you are in charge of everything financial in the company.
Underwriter– These jobs are available in the insurance sector. It is a dynamic and interesting sector to work in. Here you have to calculate how much your premium is.
Private Equity – In private equity jobs you have to work hard to fund business start ups. Such jobs are meant for two types of people, industry experts who can identify companies likely to succeed and those with a financial background and are capable of managing the portfolio and investments.
Payroll –This is an important position in all companies. You need to have proper understanding of payments and various tax and pension laws.

Outsourcing of Finance Jobs to India
Because of the knowledgeable work force finance jobs are outsourced to India in large numbers. Indian financial sector has been providing aid and assistance in the field of equity research and industry analysis. Numerous financial accountants’ job are also outsourced to India

Finance Companies/Finance Recruiters
Some major job providing finance companies in India are: