The economy is continuing its upward climb, and the unemployment rate continues to dip. Companies are finding that hiring skilled accounting and finance professionals is a daunting task. In this market, job candidates have leverage over employers and can afford to be choosier than ever before.
Based on our staffing data, there are 10 jobs that are projected to be in especially high demand in 2020. These positions are the hottest jobs in accounting and finance. So, what are they? What are their up-to-date job descriptions? And what are the current salary ranges?
1. Accounts Payable Clerk ($24,968-$54,104)
Supervises and coordinates accounts payable activities, including processing and payment of invoices and proper filing and storage of records. 0-2 years of experience.
2. Accounts Receivable Specialist ($29,128-$60,024)
Prepares customer statements, bills and invoices. Reconciles expenses to the general ledger and maintains the accounts receivable records for an organization. 0-2 years of experience.
3. Staff Accountant ($43,014-$122,221)
Readies and maintains financial and business transactions, which include work that is analytical, evaluative and advisory in nature. 0-2 years of experience.
4. Senior Accountant ($52,024-$120,056)
Readies and maintains financial and business transactions that requires an understanding of both accounting theory and practice. May lead and direct the work of others. 4-6 years of experience.
5. Payroll Specialist ($31,208-$64,024)
Inputs data from time sheets, production records or individual time cards to computerized payroll system. 0-2 years of experience.
6. Financial Analyst ($47,016-$176,888)
Analyzes past and present financial data of an organization and estimates future revenues and expenditures. 0-2 years of experience.
7. Bookkeeper ($27,048-$65,016)
Keeps books and accounting records of financial transactions for an establishment. May require an associate’s degree, or its equivalent, with 2-4 years of experience in the field or in a related area.
8. Accounting Supervisor ($36,024-$115-048)
Supervises and trains others on less complex, day-to-day general accounting functions and accounting operations, which include coding invoices and compiling data for various accounting reports. Leads most day-to-day operations of group.
9. Chief Financial Officer ($120,056-$481,741)
Directs and coordinates company’s financial affairs according to financial principles and government regulations, and establishes major economic objectives and policies for the company. Requires a bachelor’s degree and at least 15 years of direct experience in the field.
10. Credit Analyst ($39,008-$140,024)
Assesses credit information to determine risk involved in lending money to customers and prepares report of findings. May require a bachelor’s degree and 0-2 years of experience in the field or in a related area.
Figures above are based on our own internal hiring data and salary information from Emsi.
To see the rest of the numbers, request a free copy of our 2020 Salary Guide.