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Financial Assistant: Breaking into the World of Finance

Career News February 16, 2014

Breaking into the world of finance may not be as elusive as one may think. While a degree in finance is desired, once achieved, there are various paths to enter into this world. Becoming a Financial Assistant can prove to be a strategic choice suitable to an individual’s desired career path.

This position is an entry-level position that requires minimal prior experience. The tasks required by the Financial Assistant may vary by employer, yet the supportive role will have common threads field wide. A successful candidate can begin to lay the framework essential to a fulfilling career within the financial world.

The objective of this finance professional, as the name suggests, is to assist in the administration of daily financial activities of their employer. From heading off questions to keeping accurate and timely records, the Assistant will utilize computer software and systems in the course of their day. Knowledge of popular computer programs and accounting systems are a must for any Assistant to be proficient in their field.

This professional should be prepared for the firing squad as answering questions rest with the Assistant. He or she will address questions from internal personnel as well as external sources such as, finance managers, stakeholders, customers and suppliers. Questions regarding budgets, policies, procedures, and pertinent legislation are just the tip of the inquisitive iceberg that this professional will face; thus, a customer-friendly attitude and personable demeanor is an invaluable trait.

Answering questions may be a frequent part of the daily life of the profession, but performing calculation puts their accounting knowledge into practice. Their training comes into play by compiling analysis, completing cost estimates, and often assisting with payroll. Crunching numbers to be used by managers and senior staff is a key support role of an Assistant. They will also perform checks of corrections and maintenance of a variety of financial records and documents for their employer.

“There is no I in team,” should be the mantra of this type of professional. The assistant is a supportive role. He or she being a team player is vital to the success of the department as a whole. Using intuition and hard work they bring much to the table. Carrying the weight of their workload through organization, attention to detail, and contribution aids the team’s success rate. Although these main roles are supportive in nature that does not diminish their value in improving the department as a whole when they take on an active seat in seeking solutions to improve operations.

A house will be shaky and eventually will cave in without proper supportive beams; the same is true of the financial department. Without the supportive role played by Financial Assistants, a financial department will not be as efficient or effective. The tedious tasks often taken on by this professional are not the most desirable or rewarding, however, when he or she fulfills the role successfully they can set a firm foundation for a bright future in the world of finance.

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Sponsored

Showing schools in your area

5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Topped the list as Best Online Bachelor’s Program in Virginia by U.S. News & World Report in 2019.
  • Regent is ranked among Top National Universities by U.S. News & World Report, 2019.
  • Flexible online, on-campus and evening courses offered in 135 areas of study, including Business, Nursing, Psychology, & more.
  • Regent is recognized among Top #10 Military Friendly Schools by Military Friendly®, 2019.
  • 88% of Regent University students receive financial aid, with $24 million awarded in institutional scholarships & aid in 2017-18.
  • Online Courses
5 Program(s) Found
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  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Hallmark University has a modern approach to business education. Our students are "hired" on day one to a mock company and live out their education as if on the job.
  • Students also gain valuable work experience having gone through real case studies from Fortune 100 companies.
  • By utilizing compressed, objective-driven courses, you can complete your education in nearly half the time of a similar program at a traditional college or university.
  • Each of our courses are designed to include scenario-based activities. You get to practice what you learn so you're ready for the challenges you will face when you graduate.
  • Our graduates enter the workforce with experience employers desire in addition to a credible degree.
  • Don't settle for learning in large lecture halls. Get the attention needed to succeed.
  • Online Courses

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