Best Entry Level Finance Jobs in 2024

1. Financial Analyst – Analyzes financial data and trends to help businesses make investment decisions and manage financial planning.
2. Staff Accountant – Assists in basic accounting duties such as ledger management, invoice processing, and preparation of financial statements.
3. FP&A Analyst – Works in financial planning and analysis, helping to forecast future revenues and expenses and assisting in budget preparation and strategic planning.
4. Audit Associate – Works under senior auditors to review financial records to ensure they comply with laws and regulations, typically within an accounting or consulting firm.
5. Credit Analyst – Evaluates credit data and financial statements of individuals or firms to determine the risk involved in extending credit or lending money.
6. Investment Banking Analyst – Provides analytical support for mergers and acquisitions, bond offerings, and other financial services provided by investment banks.
7. Tax Associate – Assists in the preparation of tax returns and compliance checks, ensuring that individuals and companies satisfy their tax obligations.
8. Treasury Assistant – Helps manage the organization’s bank accounts and cash flow, ensuring the business has the funds needed for its operations.
9. Risk Analyst – Assists in identifying and analyzing the risks the company faces, preparing reports and helping to develop strategies to minimize risk exposure.
10. Financial Planner Assistant – Supports a financial planner or advisor in creating personal financial plans for clients, which may include retirement planning, investment strategies, and budgeting advice.

Our career coaches can help you prepare for your first interview in finance. Here are some common interview questions to help you prepare:

1. Question: Walk us through your understanding of the role of a financial analyst in the corporate finance department.

   Answer: “In my understanding, a financial analyst in corporate finance plays a crucial role in supporting the company’s financial health and strategic decision-making. This would involve tasks like financial modeling, analyzing financial data to identify trends and risks, preparing reports for senior management, and potentially supporting with activities like mergers and acquisitions or capital budgeting. I’m particularly interested in learning more about how financial analysts contribute to the company’s [mention a specific area of corporate finance that interests you, e.g., valuation, strategic planning].”

2. Question: Can you describe a time you used financial analysis skills to solve a problem? (Even if it wasn’t in a finance setting)

2. Question: Can you describe a time you used financial analysis skills to solve a problem? (Even if it wasn’t in a finance setting)

Answer: “In my [previous job/relevant coursework], I [describe a situation where you analyzed data and used it to make a decision]. For example, during a group project on [mention a relevant class or project], we were tasked with [briefly explain the project]. I was responsible for [mention your specific role] which involved [describe your analysis process]. Through this analysis, we were able to [explain the outcome or solution].” (Highlight transferable skills like data analysis, critical thinking, and problem-solving).

3. Question: What are your salary expectations for this position?

Answer: “I’ve researched entry-level corporate finance analyst positions in the [mention location] area and found the average salary range to be between [mention a realistic range based on your research]. I’m confident in my skills and qualifications, and I’m open to discussing a compensation package that is competitive and reflects the value I can bring to your team.” (Do your research beforehand and avoid lowballing or overpricing yourself).

4. Question: Why are you interested in a career in corporate finance?

Answer: “I’ve always been fascinated by the world of finance and how it impacts businesses. Corporate finance, in particular, appeals to me because it offers a dynamic environment where I can utilize analytical skills to solve complex problems and contribute to the company’s strategic growth. I’m particularly interested in [mention a specific area of corporate finance that interests you] and believe my skills in [mention relevant skills] would allow me to excel in this role.” (Demonstrate genuine interest and research the company’s specific areas of corporate finance).

5. Question: Do you have any questions for us?

Answer: “Absolutely! I’d love to learn more about the day-to-day responsibilities of this role within your specific corporate finance team. Additionally, I’m curious about the approach your team takes to [mention a specific area of corporate finance activity mentioned in the job description or your research].” (Show initiative and genuine interest in learning more about the specific role and company).