Exploring Entry-Level Finance Careers in South Carolina: Insights on Salaries, Requirements, and More

Exploring Entry-Level Finance Careers in South Carolina: Insights on Salaries, Requirements, and More

The landscape of entry-level finance jobs in South Carolina is vibrant and varied, presenting numerous opportunities for individuals with different skills and educational backgrounds.

Job Summaries:

Job Market Overview:

  • South Carolina has a healthy number of entry-level finance positions.
  • Average salaries for these positions range from $45,000 to $65,000.
  • Salaries are heavily influenced by specific job roles and geographical areas.
  • The finance sector is expected to continue growing in the coming years.
  • Growth is fueled by complexities in financial regulations and increasing reliance on data-driven strategies.

Financial Analyst:

  • Collect and analyze financial data to aid in budgeting and performance assessments.
  • Candidates should possess a bachelor's degree in finance or accounting.
  • Candidates should have advanced Excel skills.
  • Candidates should be familiar with financial software.

Junior Financial Accountant:

  • Junior Financial Accountants are responsible for preparing financial statements and maintaining ledgers.
  • A solid understanding of accounting principles and attention to detail are vital, along with a relevant degree.

Financial Advisor Trainee:

  • This entry-level role involves learning to provide financial planning and investment guidance under seasoned advisors.
  • A finance or economics background is typically required.
  • Strong interpersonal skills are typically required.

Budget Analyst Assistant:

  • Support the budgeting process by collecting data
  • Prepare reports
  • A degree in finance or business administration is usually necessary

Investment Analyst Intern:

  • Assist the investment team by researching market trends.
  • Analyze financial data.
  • A finance or economics degree is often required.

Risk Management Analyst Trainee:

  • This entry-level role focuses on identifying potential risks that could affect the organization.
  • A background in finance or business is generally required.

Credit Analyst Associate:

  • Credit Analyst Associates evaluate credit data and financial statements to assess lending risks.
  • A bachelor’s degree in finance or accounting is typically necessary.

Financial Reporting Assistant:

  • Responsible for preparing financial reports
  • This role ensures compliance with regulations
  • Candidates usually need a degree in finance or accounting

Tax Analyst Intern:

  • Assist in preparing tax returns
  • Gain valuable insights into tax compliance
  • A background in accounting or finance is necessary

Financial Operations Associate:

  • Supporting daily financial operations
  • Managing accounts payable
  • Managing accounts receivable
  • A degree in finance or business is typically required.

Treasury Analyst Trainee:

  • Assist with cash management
  • Assist with financial forecasting
  • A finance or accounting degree is often necessary

Financial Data Analyst:

  • This role involves collecting and analyzing financial data to support decision-making processes.
  • Proficiency in data analytics tools is often required.

Payroll Coordinator:

  • Ensuring precise payroll processing
  • This role requires a keen eye for detail
  • A degree in finance or business

Compliance Analyst:

  • Compliance Analysts monitor financial transactions to ensure they adhere to regulations.
  • A degree in finance or business is generally required.

Financial Planning Assistant:

  • Supporting financial planners
  • Helping to develop client strategies
  • Excellent communication skills are typically needed
  • A finance or business degree is typically needed

Accounts Payable Clerk:

  • This position manages outgoing payments.
  • Ensures that invoices are processed accurately.
  • A finance or accounting background is usually necessary.

Financial Analyst for Non-profits:

  • Analyzing financial data to support funding decisions for non-profits
  • This position typically requires a degree in finance or nonprofit management.

Sales Support Analyst:

  • Analyzing sales data
  • Supporting financial planning for the sales team
  • Candidates generally need a finance or business degree

Financial Systems Analyst:

  • In this role, you'll help manage financial software to improve reporting and analysis.
  • A degree in finance or IT is usually required.

Financial Research Assistant:

  • Supporting senior analysts
  • Conducting market research
  • Gathering financial information
  • Typically requiring a background in finance or economics

Each of these entry-level finance positions presents a fantastic opportunity for recent graduates and newcomers to the industry to gain hands-on experience while playing a vital role in their organizations' success. By grasping the nuances of the job market, understanding salary expectations, and recognizing essential skills, candidates can strategically position themselves for a fulfilling career in finance.

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