Last Updated on December 16, 2022
If you are looking for the best jobs in Finance, you have come to the right place. This article highlights the top 10 highest paying Finance jobs in 2023.
Interested in a career in Finance? Finance jobs are among the most lucrative jobs you can do. So, if you are in the field of Finance, you might be interested in this comprehensive guide as we give you accurate information about the top Finance jobs and what they can offer you.
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Top 10 Highest Paying Finance Jobs 2023
There are many considerations when choosing a career goal but pay, is certainly a key factor in planning for your future. In terms of median pay and growth potential, these are the 10 highest paying Finance jobs to consider.
1. Financial Analyst
- Average Salary: $85,660
- Job Outlook: 11% growth
Financial analysts are professionals who examine financial data and use their findings to help companies make business decisions.
This may include forecasting future revenues and expenditures, as well as modeling capital structure and budgeting. They also advise clients and businesses on how to best invest and diversify their money.
The roles of a financial Analyst include:
- Determine a company’s value and assess financial risks and prospects.
- Perform financial forecasting, reporting, and operational metrics tracking.
- Analyze financial data and create financial models for decision support
- Report on financial performance and prepare for regular leadership reviews
- Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
- Work closely with the accounting team to ensure accurate financial reporting
- Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
- Guide the cost analysis process by establishing and enforcing policies and procedures
- Provide analysis of trends and forecasts and recommend actions for optimization
2. Accountant
- Average Salary: $70,500
- Job Outlook: 10% growth
These professionals are responsible for ensuring an individual or company’s tax information is accurate and done properly.
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They are responsible for preparing and examining financial records. They work to ensure that records are accurate and that taxes are paid properly and on time.
3. Budget Analyst
- Average Salary: $76,220
- Job Outlook: 7% growth
Budget analysts help individuals, companies, schools, and government agencies organize their finances. They are responsible for ensuring that budget proposals are accurate and compliant with laws and regulations.
A Budget analyst should also possess the following specific qualities;
- Great analytical skills
- Communication skills
- Must be detail-oriented
- Math skills
- Writing skills
4. Financial Examiner
- Average Salary: $80,180
- Job Outlook: 10% growth
Financial examiners keep financial institutions, such as banks, legally compliant. They ensure compliance with laws governing financial institutions and transactions.
Their role is to review balance sheets, evaluate the risk level of loans, evaluate the risk level of financial loans, assess bank management, and review balance.
5. Management Analyst
- Average Salary: $83,610
- Job Outlook: 14% growth
A management analyst also referred to as a management consultant, proposes ways to improve a company’s efficiency.
Their role is to examine a company’s problems or ineffective procedures and develop solutions for improvement.
Management analyst is one of the highest paying finance careers and also has a great job prospect.
6. Financial Manager
- Average Salary: $127,990
- Job Outlook: 19% growth
A financial manager is a top-paying finance job. Professionals in this career are responsible for a company’s financial health.
Their duty is to create financial reports and strategies for the long-term goals and growth of an organization.
Financial managers are in high demand therefore individuals in this career have the greatest chance of finding jobs.
7. Loan Officer
- Average Salary: $63,040
- Job Outlook: 11% growth
A loan officer is a representative of a bank, credit union, or other financial institution that assists borrowers in the process of applying for loans.
They evaluate creditworthiness and authorize loan approval for individuals or businesses.
8. Personal Finance Advisor
- Average Salary: $88,890
- Job Outlook: 15% growth
Finance Advisors are qualified money-management professional who helps clients meet their financial goals.
They work in a wide variety of settings, from investments, life insurance, college savings, estate planning, taxes, and retirement to personal budgeting help.
9. Investment Banker
- Average Salary: $81,000 – $183,000
- Job Outlook: 4% growth
Investment banking is a great job in the finance sector. Professionals in this career have a wide range of responsibilities that touch many areas of the financial industry.
Basically, the responsibility of investment bankers is to raise money for their clients by issuing debt or selling equity in companies for their clients.
They also advise clients on investment opportunities and strategies, as well as assist with mergers and acquisitions.
10. Equity Analyst
- Average Salary: $64,000 – $164,000
- Job Outlook: 6% growth
Equity analysts are professionals who provide financial guidance and expert knowledge of stocks and bonds to investment advisors, and brokers.
While financial analysts consider a broad scope, equity analysts focus on the stocks of companies.
They are typically employed by brokerages or financial firms to analyze the value of a company’s stock and make financial predictions about a company.