Looking for a job in the Finance Industry?

Here at Very Important Personnel, we have noticed a huge increase in both the amount of finance jobs becoming available and the amount of candidates looking for a job in the Finance industry – particularly in the opening months of 2015. In light of this, we have put together some tips and guidance notes for those looking to pursue a career in Finance.

We will start with some tips on how to secure your desired role in Finance.

1). Be practical – Don’t be afraid to start at the bottom. With the right drive and , you will quickly work your way up the ladder. Many of the jobs we have recently filled have been Trainee positions which are becoming increasingly popular in many organisations.

2). Exhibit your skills – Pick out the most relevant attributes from the job specification and tailor your CV to emphasise them.

For tips on CV writing read http://www.veryimportantpersonnel.co.uk/what-to-include-in-your-cv/

3). Focus – Where do you want your career to take you? ‘I want to work in finance’ will not give you the direction you need to succeed. Focus on the end game and tailor your approach.

4). Keep up-to-speed – Keep an eye on the latest trends and market developments and use any free software out there to help teach you the tricks of the trade. Apply for voluntary positions as a way of keeping up to speed and growing your experience.

5). Start learning – If you need an extra qualification to back up your soft skills, take a course or sign up for an internship to help take you to the next level.

 

 Types of Finance Jobs

Accountant

Perfect for people with excellent analytical skills.

As an Accountant, your main objective would be to prepare company’s accounts. The ideas is to give an overview of the company’s financial status. By keeping on top of all financial transactions, any anomalies or risks can be reported, and the business can plan better moving forward. The success of an Accountant is heavily dependent upon their numerical ability, not to mention a passion for mathematics and a close attention to detail. A degree is preferable, but not essential. In normal circumstances, you will need to have some knowledge of standard accounting practices for most entry-level positions.

 

Payroll Administrator

Perfect for: People who thrive on responsibility. 

Responsible for ensuring all employees within the business are paid correctly and accurately, integrating bonuses, salary increases, overtime, sick pay, pension contributions, maternity or paternity pay and any other factors which may affect monthly salaries.

Generally you should have the ability to work towards strict deadlines, not to mention, like most finance jobs – excellent numeracy skills. With so many people depending on you to make sure they’re paid correctly, attention to detail is key. A degree for these types of roles isn’t necessarily a must. When applying for entry-level payroll positions, always try and demonstrate (and quantify) the key skills employers are looking for, specifically: numerical ability, timekeeping and an organised approach to work.

 

 

Financial Advisor

Perfect for people that spend their money wisely. 

Probably the most complex of the bunch, so the ability to simplify complex financial situations is key. Offering financial guidance to clients helping them choose which products are most suitable for their situation is the main duty. You will be dealing with insurance, loans, investments, savings, pensions and other similar services that may improve a client’s current or future finances. Possessing excellent communication skills will help when building rapport with your regular clients. A degree is not essential.

Our advice: If you want to be a Financial Advisor, don’t be afraid to start small. Becoming a Planner or even working in a Customer Service role and working your way up with some vocational training will take you to where you want to go.

 

 

Mortgage Advisor

Perfect for people who give great advice. 

The reality of the economy these days is that most of us will at some point consult a Mortgage Advisor, so a job that is secure and not going anywhere!

The aim is to provide people with an advice service on which mortgage is right for them. You could be advising individuals or entire businesses depending on the industry, for example there are many Estate Agencies that have their own in house Mortgage Advisors. On the flip side, there are independent ones and ones employed through banks. They all provide the same guidance based on climate of the lending market.

Excellent commercial awareness and a duty of care to provide your clients with the best possible advice. Client confidentiality is a legal must.

 

Overall, which ever route you take within the Finance sector, working hard along with possessing the right attitude will pay off, even if it takes you 10 years to accomplish your goal. The best advice we can give is to constantly remind yourself of the 5 tips to help you along the way.

 


5 Main Qualities Employers Desire

Through experience and an abundance or employer feedback, we have decided to give you an insight into what qualities employers really look for in a candidate. Although they may seem obvious, some may surprise you.  Below, we outline 5 main qualities employers desire, followed by some recommendations on how to demonstrate these key qualities.

  1. Communication skills.

As Albert Einstein said, “If you can’t explain it simply, you don’t understand it well enough.” Whether you’re leading a team, managing clients, or training a new member, the ability to communicate clearly and concisely is essential. We’re not just talking about how you speak to one another but managing your whole communication portfolio (email, Facebook, Twitter, etc), if your succeed doing this, your ideas and creativeness will be noticed, automatically making you a more successful person.

  1. Pro-activeness.

Employers tend to judge candidates based on their experience alone. After all, the whole idea of your CV is to list your experiences. However, they also want to see qualities such as pro-activeness, demonstrating this strength can often set you head and shoulders above the rest, as many forget to include these details. A good way to demonstrate your pro-activeness on your CV is to back-up any example of where you went above and beyond in a previous job. Don’t just list a number of things you’ve done, explain why you did them. Whether it was securing new business for your organisation as a result of something you did, correcting an issue, identifying opportunities to change the company for the better, started a campaign or club, or even just aiding a colleague. These all show that you did something on your own back for the good of the company – Who wouldn’t want that quality in their workforce?

  1. Problem-solving.

Holding the ability to problem solve is a skill to be proud of. Many see a problem and immediately swerve it or reach for help. To an employer, someone that can not only identify an issue but pro-actively resolve it or even better – avoid it happening again is a god send. You will always come across problems in your life and career – it’s a fact, how you deal with it makes all the difference. This is something you can demonstrate better in a job interview as opposed to writing on your CV. Employers will often use competency based questions, designed to throw you off. Instead of answering the questions directly, think about giving an example of a similar scenario and how you dealt with that. Don’t forget to mention how you dealt with the problem, what results your actions had and how you avoided it happening again.

  1. Curiosity.

“Judge a man by his questions rather than by his answers.” So said French philosopher Voltaire. Daring to ask a new question goes a long way toward finding the right solution. What’s more, a high level of curiosity – the hallmark of an inquiring mind – is typically indicative of other good qualities, such as inventiveness, resourcefulness, and fearlessness. It also tends to ward off boredom and apathy – sentiments that will put off any employer.

  1. Risk-taking.

Although this may surprise you, being open to risk (and thus failure) is a key trait that employers admire. We can only truly learn and develop when we push ourselves outside of our comfort zones. Chances are you will only regret the things you didn’t do, so ask the questions you are afraid to ask, provide examples of when you took a risk and it paid off, you can even mention ones that didn’t pay off and what you learned from it. Truth is, if we didn’t take risks and changed the way we do things, nothing would ever change, and we would never accomplish anything. One of my most favourite books depicts this message really well. “Who moved my Cheese”? By Spencer Johnson.

 

For similar post related to this topic, Read:

“10 Ways to Impress Your Future Boss in a Job Interview” http://www.veryimportantpersonnel.co.uk/how-to-impress-your-future-boss-in-a-job-interview/


Applying for a job with a CV and covering letter

What to include in your CV

Not sure what to include in your CV ? Not sure what it should/shouldn’t say? We have compiled a brief description of what employers will want to see upon opening your CV, as well as a few pointers on what not to include and common pitfalls to help you avoid  disappointment when job hunting.

 

Contact details

The most important thing on your CV is your contact details, after all – you could have the most impressive CV but if your details are missing, how is anybody going to contact you? Be wary of using inappropriate email address’, Simon@thuglife.com may be a fun email address to use in your personal life, but what message are you giving to your employer? Be sure to include your Address and telephone numbers.

 

Profile

This is the earliest opportunity on your CV to show you have exactly what they’re looking for. It will normally be the first thing they read so make it gripping. Try to avoid using the “I” “I am” “I have” etc. We know who the CV is about, instead get straight the point. For example:

Don’t write, “I am an experienced Administrator and I have excellent communication skills”.

Instead write, “An experienced Administrator with excellent communication skills”.

Also try to include your key skills and experience you have that are relevant to the job you are applying for.

 

Employment History

From experience, employers like to see your most recent job at the top of your list, followed by your previous and so on.

The information you include should be as informative as possible, not just a summary of the job description.

Highlight activities you were involved in, things you maybe did that aren’t necessarily in your job description, such as training other colleagues, or assisting other departments.

Include achievements, such as how you met or exceeded any targets that you were set and how you added value to the company. This could include additional income you helped to generate, costs you reduced, improvements etc. Wherever possible, try to quantify your achievements. For example, say your marketing idea generated a 10% increase in market share, or you saved the department £5,000 by switching stationery suppliers. No matter what role you worked in, you should find a way to demonstrate your positive impact on your team, organisation or customers.

 

Avoiding Negative information

To ensure that you are only seen in a good light and to make sure your future employer gets the right impression of you from your CV, then avoid the following common pitfalls:  Absence of important information. Many candidates make assumptions about what’s important to the employer and so fail to provide the relevant information in their CV. Being too generic. Many candidates write a broad CV because they want to keep their options open. But unless it’s clear who you are and what you do, then recruiters won’t know what to do with you.

Errors. Many CVs have errors in them and are often rejected on that basis alone. Your CV must be impeccably presented if you want to demonstrate your professionalism and attention to detail. Always ask someone else to check it over for you.

Negative information. Your CV should include only positive information. Never criticise a previous employer or refer to difficulties or disappointments unless you were able to turn them around.

Poor language. The use of jargon, clumsy expression or slang can sabotage the chances of even the most capable of candidates. Your communication skills are being judged by your use of language in your CV. Don’t waffle, be precise and use positive action words such as “initiated this” or “created that” to reinforce the message that you’re an upbeat, “can-do” type of candidate.

 

For similar articles, also check out http://www.veryimportantpersonnel.co.uk/cover-letter-and-cv-2/