Top 10 In-Demand Banking & Finance Job Titles 2015
Over the next few weeks, we’ll be using Indeed.com’s industry employment trends analytics tools and our powerful sourcing tool, SourceHub, to bring you the Top 10 Most In-Demand Job Titles in each industry, the Top 10 keyword searches performed by job seekers in each industry, and a list of the top employers of people with those skills in the USA, the UK and Ireland, as well as some information regarding the average salary those candidates can expect to receive. Why? Because we’re just that God damn nice!
Part One – Information Technology
Part Two – Business & Finance
The 10 Most In-Demand Business & Finance Job Titles of July 2015, as identified by Indeed.com, were as follows:
- Staff Accountant
- Financial Analyst
- Business Analyst
- Teller
- Account Manager
- Accountant
- Senior Accountant
- Accounting Manager
- Buyer
- Senior Financial Analyst
According to Indeed’s stats, job postings in the Business and Finance sector have increased 12% since June 2014, and clicks on Business and Finance jobs have increased by 5%. However, not much about the Top 10 has changed since last year, apart from the role of Business Analyst moving 3 places from 6 to 3 and the role of Teller moving down a spot from 3 to 4. But what is interesting to note, is how much the average salaries of these roles have changed in the past year, which you will see below.
The Top 10 Keyword Searches for jobs in the Business and Finance sector in July 2015, as identified by Indeed.com, were as follows:
- accounting
- accountant
- finance
- financial analyst
- customer service
- human resources
- analyst
- business analyst
- banking
- bank teller
1. Staff Accountant
Staff accountants work under the supervision of a controller, director or certified public accountant (CPA). They maintain financial reports, records and general ledgers, prepare and analyse budgets and perform general bookkeeping. Many staff accountants are also responsible for billing activities, such as accounts payable and accounts receivable.
Average salary: $46,000 (up from $44,500 in 2014)
Top Employers of Staff Accountant roles:
USA: eCharcha, EY, DFAS, BNY Mellon, State Street
UK: PwC, NHS, Lloyds Bank, BAE Systems, Royal Bank of Scotland
Ireland: State Street, HedgeServ, BNY Mellon, AIB, KPMG Ireland
2. Financial Analyst
A Financial Analyst, otherwise known as a Securities Analyst, Research Analyst, Equity Analyst, or Investment Analyst, is a person who performs financial analysis for external or internal clients as a core part of the job.
Average salary: $71,000 (down from $73,000 in 2014)
Top Employers of Financial Analyst roles:
USA: Bank of America, Citi, Wells Fargo, Lockheed Martin, JPMorgan Chase & Co.
UK: Royal Bank of Scotland, Lloyds Banking Group, Citi, J.P. Morgan, HSBC
Ireland: AIB, Accenture, Bank of Ireland, Pfizer, EMC
3. Business Analyst
A Business Analyst is someone who analyses an organisation (real or hypothetical) and designs its processes and systems, assessing the business model and its integration with technology. The role can also be described as a bridge between the business problems and the technology solutions.
Average salary: $88,000 (down from $91,000 in 2014)
Top Employers of Business Analyst roles:
USA: Wells Fargo, JPMorgan Chase & Co., Bank of America, UnitedHealth Group, Hewlett-Packard
UK: Lloyds Banking Group, Royal Bank of Scotland, HSBC, Barclays, IBM
Ireland: AIB, Oracle, IBM, Accenture, Bank of Ireland
4. Teller
A Teller is an employee of a bank who deals directly with most customers. In some places, this employee is known as a cashier. Teller’s are considered a “front line” in the banking business because they are the first people that a customer sees at the bank and are also the most likely to detect and stop fraudulent transactions. The position also requires tellers to be friendly and interact with the customers, providing them with information about customers’ accounts and bank services.
Average salary: $20,000 (remains the same from 2014)
Top Employers of Teller roles:
USA: Wells Fargo, Bank of America, JPMorgan Chase & Co., PNC, Northwestern Mutual
UK: Barclays, HSBC, Royal Bank of Scotland, Lloyds Banking Group, Lloyds Bank
Ireland: AIB, Bank of Ireland, Permanent TSB, Ulster Bank, EBS Limited
5. Account Manager
An Account Manager is a person who works for a company and is responsible for the management of sales, and relationships with particular customers. The Account Manager does not manage the daily running of the account itself. They manage the relationship with the client of the account(s) they are assigned to. Generally, a client will remain with one Account Manager throughout the duration of hiring the company. Account Managers serve as the interface between the customer service and the sales team in a company.
Average salary: $60,000 (up from $51,000 in 2014)
Top Employers of Account Manager roles:
USA: AT&T, Wells fargo, Hewlett-Packard, Walmart, Oracle
UK: HSBC, Royal Bank of Scotland, Lloyds Banking Group, Barclays, Lloyds Bank
Ireland: Google, AIB, Dell, Bank of Ireland, Oracle
6. Accountant
An Accountant is a practitioner of accounting or accountancy, which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and others make decisions about allocating resources.
Average salary: $55,000 (down from $58,000 in 2014)
Top Employers of Accountant roles:
USA: eCharcha, EY, DFAS, BNY Mellon, State Street
UK: PwC, NHS, Lloyds Bank, BAE Systems, Royal Bank of Scotland
Ireland: State Street, HedgeServ, BNY Mellon, AIB, KPMG Ireland
7. Senior Accountant
A Senior Accountant, employed by a certified public accountancy firm, supervises client engagement. Functions performed by the Senior Accountant include preparing an audit program and the audit of the client’s financial statements. A senior accountant is below the manager level.
Average salary: $71,000 (up from $60,000 in 2014)
Top Employers of Senior Accountant roles:
USA: Wells Fargo, Deloitte, UnitedHealth Group, Bank of America, Accenture
UK: Lloyds Banking Group, Royal Bank of Scotland, EY, HSBC, Barclays
Ireland: Dell, AIB, Accenture, EY, Bank of Ireland
8. Accounting Manager
The Accounting Manager is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The Accounting Manager supervises staff accountants and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year end audit preparation and the support of budget and forecast activities.
Average salary: $83,000 (up from $60,000 in 2014)
Top Employers of Accounting Manager roles:
USA: Bank of America, Morgan Stanley, AT&T, Wells Fargo, Fifth Third Bank
UK: Lloyds Banking Group, HSBC, Royal Bank of Scotland, EY, BT
Ireland: BNY Mellon, AIB, Bank of Ireland, State Street, HedgeServ
9. Buyer
The Buyer is responsible for reviewing demand and procuring parts to meet production requirements. Places purchase orders with suppliers and maintains item master data in the ERP system (including price, lead time, order quantity, safety stock). Works with production, engineering, scheduling, and shipping / receiving to optimise the supply chain process.
Average salary: $55,000 (down from $56,000 in 2014)
Top Employers of Buyer roles:
USA: Hewlett-Packard, Whole Foods Market, Macy’s, Walmart, Target
UK: Tesco PLC, Jaguar Land Rover, BAE Systems, Lloyds Banking Group, Marks and Spencer
Ireland: Primark Stores Limited, Dunnes Stores, Dell, Apple, Kerry Group
10. Senior Financial Analyst
A Senior Financial Analyst researches macroeconomic and microeconomic conditions along with company fundamentals to make business, sector and industry recommendations. They also often recommend a course of action, such as to buy or sell a company’s stock based upon its overall current and predicted strength. They must be aware of current developments in the field in which he or she specialises as well as in preparing financial models to predict future economic conditions for any number of variables.
Average salary: $ 82,000 (up from $73,000 in 2014)
Top Employers of Senior Financial Analyst roles:
USA: AT&T, Bank of America, Lockheed Martin, Hewlett-Packard, Johnson & Johnson
UK: Royal Bank of Scotland, Lloyds Banking Group, HSBC, Jaguar Land Rover, Barclays
Ireland: Dell, Accenture, Bank of Ireland, EMC, Central Bank of Ireland
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