The job outlook for finance and accounting looks very positive in the coming years. However, technological shifts are changing the list of the most in-demand positions. Evolving business needs and economic fluctuations shift employers’ focus, so while the demand for skilled professionals in finance and accounting remains robust, the traditional roles are changing.

Let’s delve into some of the key roles that are currently sought after in this dynamic, growing field.

What Finance and Accounting Jobs Are in Demand in 2024?

Financial Analysts

According to the U.S. Bureau of Labor Statistics (BLS), we can expect an 8% increase in the demand for financial analysts through 2032. That’s much higher than the average for other jobs, at 2%. What makes these professionals so in demand?

Financial analysts are crucial for helping businesses make informed decisions by analyzing financial data and trends. With the increasing complexity of financial markets and the growing importance of data-driven insights, the demand for skilled financial analysts continues to rise. Companies across various industries rely on these professionals to assess investment opportunities, evaluate financial performance, and provide strategic recommendations.

Accountants

One of the more traditional roles that made the list this year, accountants are still the backbone of any organization’s financial operations. These professionals are responsible for managing budgets, preparing financial statements, and ensuring compliance with regulatory requirements. With the rise of globalization and the increasing complexity of tax laws, the demand for qualified accountants remains high. As businesses transition to digital accounting systems and cloud-based platforms, there is a growing need for accountants with proficiency in technology and data analysis.

Certified Public Accountants (CPAs)

CPAs are licensed accounting professionals who have met specific education and experience requirements and have passed the Uniform CPA Examination. These individuals possess specialized knowledge in auditing, taxation, and financial reporting. In today’s competitive job market, employers value the expertise and credibility that CPAs bring to the table, making them highly sought after in both public accounting firms and corporate finance departments.

Financial Controllers

Financial controllers oversee an organization’s accounting functions, financial reporting, and internal controls. As businesses strive for greater transparency and accountability in their financial operations, the demand for skilled financial controllers continues to grow. These professionals are responsible for ensuring compliance with accounting standards, managing financial risks, and providing strategic guidance to senior management.

Risk Managers

Risk management has become a top priority for organizations across industries in an increasingly volatile and uncertain business environment. Risk managers identify, assess, and mitigate potential risks impacting a company’s financial performance and reputation. With the rise of cyber threats, regulatory compliance, and geopolitical instability, the demand for risk management professionals with expertise in cybersecurity, regulatory compliance, and enterprise risk management is rising.

Financial Planners

With the growing complexity of financial products and the shift towards self-directed retirement planning, there is an increasing demand for financial planners and analysts to help individuals and families navigate their financial goals. These professionals provide clients with personalized financial advice, investment recommendations, and retirement planning strategies, helping them build wealth and achieve financial security.

Data Analysts and Financial Modelers

Our increasingly data-driven economy demands professionals with the skills to understand analytics and financial modeling to drive strategic decision-making. Data analysts and financial modelers collect, analyze, and interpret financial data to support business objectives. With the proliferation of big data and advancements in data analytics technology, the demand for professionals with expertise in data analysis, statistical modeling, and programming languages such as Python and R is rising.

CPS Has the Best Jobs for Finance and Accounting Professionals

The finance and accounting industry offers diverse, rewarding career opportunities for individuals with the right skills and qualifications. Whether you’re interested in financial analysis, accounting, risk management, or financial planning, there are ample opportunities for growth and advancement in this dynamic field. CPS can help you find these positions, representing you to top employers to help your career move forward. Our placement services can accelerate your career. Contact us.