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What is the job title for someone who handles finances?

Many job titles exist to describe people who handle finances, from financial analysts to accountants to tax auditors, but there are a lot of details contained within position titles and job descriptions that help us discern the differences between each title. Finance is a huge industry that requires many different working parts to ensure the entire machine functions. To further emphasize the scope of finance, there are people handling the finances of individuals, and others taking care of the finances of entire governments and collections of nations. Each of these people has an important role, and most likely, a unique title. Something that does remain consistent in finance is hierarchy, and while the titles may differ, the internal structure is generally consistent across financial offices.

What is the hierarchy of finance jobs?

Entry-level finance jobs and accounting jobs generally intersect, so these positions may include bookkeepers, clerks, and accounting assistants. The basis of any financial department involves record keeping, data entry, and reporting. After this, though, finance and accounting may diverge; however, finance titles generally follow an almost identical track as the accounting job titles hierarchy. Financial analysts are usually noted as being near the bottom rungs of the ladder, which leads all the way up to treasurers at the very top. The titles of these jobs likely vary by organization, but the duties of these positions remain consistent, especially in corporate finance jobs.

What are the positions in the finance department?

The six basic positions within the finance department, aside from clerks and bookkeepers, are financial analysts, senior financial analysts, directors of finance, finance managers, CFOs, and treasurers. Finance job salaries often differ most widely by the amount of education the employee has attained and the quantity of responsibilities they oversee. General salary ranges for these positions include:

  • Financial Analyst: $60,000 – $90,000
  • Senior Financial Analyst: $85,000 – $125,000
  • Director of Finance: $100,000 – $175,000
  • Finance Manager: $100,000 – $150,000
  • Chief Financial Officer (CFO): $125,000 – $300,000
  • Treasurer: $150,000 – $250,000

Sometimes these positions only occur in finance departments; however, they may also be part of an accounting department as many duties align with common accounting job titles and descriptions.

What jobs are in finance?

There are a huge number of job titles and positions within the field of finance, some of which are non-traditional alternatives to working in corporate finance jobs. Finance is a consistently growing field and one that is very necessary for the functioning of the economy, as it helps businesses and other organizations predict trends to better adapt to the changing times. Common finance jobs include those listed above, as well as controllers and other managers. Alternative career paths include education, entrepreneurship, and journalism.

What is an example of a job title in corporate finance?

A very common job title in corporate finance that most people start out with is a financial analyst. Generally, financial analysts work to interpret data from the accounting department and generate reports and projections about the financial future of the organization. It is very common for financial analysts to work their way up to CFO, treasurer, and managerial positions with enough education, hard work, and persistence. As a rule of thumb, the best job titles are not those that are highest paying, but those that bring the most fulfillment to individuals.

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