Finance Jobs You Can Work Remotely: As people conduct a greater proportion of their lives online, practically every industry now offers entirely remote positions. Finance occupations are no exception. Broadband internet has made it possible for the majority of us to work remotely from home for a number of finance occupations.
Having a position that is completely remote allows you to save time and money on commuting. And according to ZipRecruiter, finance positions pay well: an average of $95,739 a year. With the emergence of more remote professions, a growing number of finance positions pay at least the average wage. Here are the best finance-related remote jobs to pursue.
6 Best Finance Jobs You Can Work Remotely
Senior Financial Consultant
Typical starting salary: $95,000
Senior financial advisors build financial planning and manage investment portfolios for businesses and individuals. They may assist clients in achieving their financial objectives through numerous tactics. Those working with organisations may generate comprehensive financial reports. As the term “senior” suggests, this post requires several years of relevant experience.
In the United States, the average income for a senior financial consultant is approximately $95,000. However, this average does not include “extra compensation,” which, according to Glassdoor, may include cash bonuses, commissions, tips, and profit sharing. The total average compensation for senior financial consultants, including bonuses, is approximately $141,000.
Median base salary: $131,710
Finance managers are accountable for an organization’s financial health. Data analysis, the creation of financial reports, and the management of the organization’s investments may be job responsibilities. As this is a managerial position, finance managers advise top managers and assist in establishing the company’s long-term financial objectives.
The Bureau of Labor Statistics reports that the median wage in 2021 was $131,710. The BLS also adds that the predicted growth rate for finance managers between 2021 and 2031 is 17%, which is much higher than the projected growth rate for all occupations.
Median base salary: $239,000
A financial controller, or controller, supervises the accounting department of an organisation and is responsible for maintaining correct accounting records. This position controls the company’s cash flow, creates financial reports, and pays payroll taxes.
According to Compensation.com, the average salary for controllers is $238,700, not including bonuses. The median total compensation for bonuses and perks for controllers is $374,830.
Analyst Investment Banking
Median base salary: $97,000
Analysts in investment banking do market research and analyse financial data and market trends. They assist associates and investment bankers with mergers and acquisitions, stock and debt issues, and leveraged buyouts, among other transactions. In addition, they oversee IPOs and private equity transactions. Another essential duty of investment banking analysts is assessing the prospective profitability of deals.
The median base salary for investment banking analysts is $97,109, excluding bonuses and other incentives. This position’s median supplemental pay is $43,283, for a total median salary of $140,392.
Director of Financial Operations
Median base salary: $187,000
A financial director is responsible for ensuring the long-term growth and financial health of an organisation. The director devises tactics to facilitate this expansion while optimising earnings. He/she supervises accounting activities, provides detailed financial reports, and then advises measures for boosting profitability and fortifying the balance sheet.
According to Income.com, the median base salary for a director of finance is approximately $187,000. Approximately $272,000 is the typical total compensation, including bonuses and benefits.
Executive Vice President of Finance
Median base salary: $187,000
A vice president of finance is a senior-level executive who controls the financial operations of a corporation. This could include budgeting, cash flow management, investment planning, and profit maximisation, among other activities. This role, like the directorship, focuses on the company’s long-term growth. It may involve assessing data and providing recommendations to help the organisation accomplish its long-term financial objectives. The vice president of finance will also help assure compliance with industry-specific tax rules and regulations.
About $187,000 is the median base salary for a vice president of finance. The median supplemental remuneration for a vice president of finance is $126,394, for a total value of $313,762.