As the economy slowly but surely picks up, CFOs will need staff to do planning, projections, and other finance-related tasks. Searching for finance jobs may involve considering a different geographic area, a different type of position, or a different level of responsibility. Fortunately, workers who kept their positions during the recession will be ready to move into new positions, through promotion or attrition, leaving a number of open positions behind for talented candidates.
Job hunters should look for open finance positions in January. Most companies complete their annual budgets in January, which enables them to know how many resources they can allocate for hiring. Additionally, many companies give out bonuses and promotions in January, which creates added hiring volatility, and multiple job openings. Experts anticipate a positive long-term outlook for hiring, based on increased hiring of temporary workers, and the increased conversion of temporary workers, into full-time positions.
Changes in government regulations will be drivers for job growth. The newly created federal consumer protection agencies, along with changes to SEC regulations, will necessitate increased hiring to handle the compliance workload. Accountants, in addition to other finance professionals, will see increased hiring, thanks to these governmental changes.
Professionals will find jobs in the mortgage industry. While an increase in foreclosures does drive some of the job growth, the historically low interest rates also create mortgage origination opportunities. The best bets for new jobs are large-volume lenders, or companies who help endangered borrowers to obtain refinancing.
Job hunters should target one or two positions. Once they have decided on their desired positions, job seekers should assemble resumes for each position. A resume must quickly and effectively pinpoint the skills which job candidates have to offer, because employers generally look at a resume for thirty seconds or fewer. Many resumes pass through scanners, which means that candidates should front-load their resumes with keywords relevant to their desired position.
Candidates may have more luck if they avoid job boards. Most of the positions on job boards are hard to fill, or tend to have high turnover. Also, most job seekers utilize these boards, meaning that employers receive hundreds of resumes for their advertised positions. Instead of depending on job boards, candidates should work on networking with people who work in their industry, either in-person or on the internet. Employers tend to hire people who have a referral from a trusted colleague.
Job candidates should narrow down their search to a list of potential employers. These employers should be hiring for the targeted positions, and should be located in the job seeker's preferred geographic region. After developing their list, job hunters should research these employers, coming up with individual strategies for pursuing jobs in these companies.
Globally, one in three employers says that positions exist, but are not filled, because of a lack of talented applicants. Therefore, even in today's challenging economy, qualified candidates will still find open positions in the finance industry. By focusing on a job target, avoiding big-box job boards, and meeting professionals in their industry, job seekers will find the inside track to searching for Finance jobs.
Job hunters should look for open finance positions in January. Most companies complete their annual budgets in January, which enables them to know how many resources they can allocate for hiring. Additionally, many companies give out bonuses and promotions in January, which creates added hiring volatility, and multiple job openings. Experts anticipate a positive long-term outlook for hiring, based on increased hiring of temporary workers, and the increased conversion of temporary workers, into full-time positions.
Changes in government regulations will be drivers for job growth. The newly created federal consumer protection agencies, along with changes to SEC regulations, will necessitate increased hiring to handle the compliance workload. Accountants, in addition to other finance professionals, will see increased hiring, thanks to these governmental changes.
Professionals will find jobs in the mortgage industry. While an increase in foreclosures does drive some of the job growth, the historically low interest rates also create mortgage origination opportunities. The best bets for new jobs are large-volume lenders, or companies who help endangered borrowers to obtain refinancing.
Job hunters should target one or two positions. Once they have decided on their desired positions, job seekers should assemble resumes for each position. A resume must quickly and effectively pinpoint the skills which job candidates have to offer, because employers generally look at a resume for thirty seconds or fewer. Many resumes pass through scanners, which means that candidates should front-load their resumes with keywords relevant to their desired position.
Candidates may have more luck if they avoid job boards. Most of the positions on job boards are hard to fill, or tend to have high turnover. Also, most job seekers utilize these boards, meaning that employers receive hundreds of resumes for their advertised positions. Instead of depending on job boards, candidates should work on networking with people who work in their industry, either in-person or on the internet. Employers tend to hire people who have a referral from a trusted colleague.
Job candidates should narrow down their search to a list of potential employers. These employers should be hiring for the targeted positions, and should be located in the job seeker's preferred geographic region. After developing their list, job hunters should research these employers, coming up with individual strategies for pursuing jobs in these companies.
Globally, one in three employers says that positions exist, but are not filled, because of a lack of talented applicants. Therefore, even in today's challenging economy, qualified candidates will still find open positions in the finance industry. By focusing on a job target, avoiding big-box job boards, and meeting professionals in their industry, job seekers will find the inside track to searching for Finance jobs.
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