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  • 5 Jobs That Pay Well, But May Not Be Fulfilling

    Some jobs don’t offer warm fuzzies, but they do give you a fat paycheck. If having that comfortable income is a priority for you, and you can find meaning in other aspects of your life, then here are some careers you might want to consider.

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  • 20 of the Happiest Jobs for New Grads

    In a tight job market and uncertain economic times, new graduates are often grateful for any job, whether it's one they enjoy or not. In order to help grads find a career they'll love, folks at CareerBliss, a site focused on searches and reviews of companies known for employee satisfaction, created a list of the happiest jobs for the class of 2014.

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  • Young Bankers Are Very Unhappy, and Here's Why

    Unless you're in finance, you probably can't imagine being excited to hear that you get one whole day a week off. But that's the position employees of Goldman Sachs and Bank of America Merrill Lynch found themselves in recently, when their companies unveiled new policies that would require them to take off four days a month. Bankers, especially junior employees, regularly work over 100 hours a week. But that's only one reason they're miserable.

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  • Bankers Are Being Forced to Take a Day Off (and Here's Why You Should Care)

    Many bankers and other finance workers regularly put in 120-hour weeks. But all that might be about to change, thanks to new polices at Goldman Sachs and Bank of America Merrill Lynch, which force associates to take at least one day off a week (or four weekend days off a month, depending). Given that most of us aren't pulling down finance-sector money, why would we care? Think of those junior bankers as canaries in the coal mine of our work-life balance.

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  • 3 Hot Careers for Recent College Graduates

    Brand-new college grads are always nervous about starting their careers, but the post-recession economic landscape makes today's workplace an even scarier place. To help younger workers focus their career building efforts, UC San Diego Extension compiles an annual list of hot jobs for new grads.

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  • 3 Unexpected Careers That Will Profit From Obamacare

    One of the major points of debate about the Affordable Care Act is whether it will lead to American workers losing their jobs. A recent poll showed that some small business owners have frozen hiring in anticipation of the now-delayed employer mandate, and the news is full of stories about retailers who cut employee hours down to 29.5 per week, to avoid benefit costs. So what's the good news?

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  • Job Description of an Accounting Manager

    Job Title: Accounting Manager
    Years of Experience: 14
    Current Employer: Miles Sand and Gravel Co/dba Concrete Nor'West
    Where: Burlington, WA
    Education: Skagit Valley College, Associate in General Studies, Associate in Office Technology, Accounting Certificate
    Other Relevant Work Experience: Accounts Receivable, Accounts Payable, Payroll
    Salary: Use the PayScale Research Center to find median salaries for accounting careers, including an accounting manager salary.

    Job Description of an Accounting Manager


    Accounting is a field that will always be highly in demand. Known as “the language of business,” accounting is essential to any business and the Bureau of Labor Statistics predicts positive growth for accountant positions over the next several years. An accounting manager's career path may include related positions such as certified public accountant, auditor or certified management accountant. In the following description of an accounting manager job, we learn the ins and outs of a typical day as well as a common method of starting in this industry and typical problems to avoid.

    PayScale: What is the job description of an accounting manager?


    Manage a team of three to four accounting professionals; work directly with CFO on monthly entries, reconciling bank accounts; prepare and publish profit & loss statements, balance sheets, sales reports, inventory; prepare and report WA State DOR excise returns and quarterly B&O; file for refund of state and federal fuel tax; journal entries; reconcile monthly allocations of prepaid expenses; prepare schedules for year end taxes.

    PayScale: How did you get started as an accounting manager?


    I like working with numbers and balancing. I wanted a profession that I could easily support myself with and that is useful to myself both professionally and personally.
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  • Banking and Finance Jobs - Assistant Branch Manager

    Job Title: Assistant Branch Manager
    Where: Montreal, Canada
    Years of Experience: 2 years
    Education: Bachelor of Commerce
    Related Experience: Financial Service Manager for 3 years; Customer Service Manager for 2 years.
    Salary: Use the PayScale Research Center to find median salaries for banking and finance jobs, including an assistant branch manager salary.

    Banking and Finance Jobs - Assistant Branch Manager

    With the banking industry still in recovery mode, many recent graduates are wondering if a career in finance is the best choice. For those interested in banking jobs, there's good news from the Bureau of Labor Statistics - although banking and finance jobs are expected to grow more slowly than jobs in other industries, the number of local branches is expected to increase along with demand for more branch managers and tellers.

    In this Salary Story, we get to hear first-hand from an assistant branch manager about what banking jobs are really like. If you're interested in a career in finance, this interview provides a banking job description and describes some of the challenges and rewards of working in a banking career.

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  • Finance Careers - Security Pricing Specialist

    Name: Jason Richards
    Job Title: Security Pricing Specialist
    Where: Boston, MA
    Employer: Bank of New York Mellon
    Years of Experience: 7 years
    Education: Eastern Nazarene College, Business Management Degree.
    Salary: See PayScale's Research Center for the Average Salary for a Securities Career.

    Finance Careers - Security Pricing Specialist

    Jason Richards is a security pricing specialist for Mellon Bank. He started at the ground level and is in the process of working his way up. In this Salary Story, Jason explains what public securities markets are and how to make it in Mellon securities careers. He also shares some great advice and stories that would be valuable to anyone working in the stock brokerage industry or pursuing a finance career.

    What does a security pricing specialist do?

    Jason: This job is considered the operations side of a mutual fund company. Previous to working here, I worked at Fidelity Investments. The operations side is configured of security pricing and accounting for securities held by funds that are in investment portfolios, typically 401k retirement portfolios. Each morning I run a report that shows what new securities were bought by our trading desk, and place them on specific broker or vendor pricing lists. This is to ensure that the bonds are priced on a nightly basis. The fluctuation on a bonds price from day to day affects the NAV (Net Asset Value) of the funds that hold the security. The fluctuation of the NAV on a fund affects the performance of the fund in a portfolio. An individual's portfolio is made up of a group of funds, determined by their retirement goal objectives. Each fund specializes in a certain objective, for instance high risk, low risk, steady growth, and a mix. My job is focused on the pricing of securities that are purchased into a fund. Working for fixed income bonds, we collect prices that are evaluated bids, unlike the traded stock price of an equity. Bonds are considered a debt/credit security, whereas a company issues the bond available to holders (investors) as a "loan" for the company to build or use to grow the company. The company will typically issue the bond with a fixed maturity, and coupon/interest rate that will be paid back to the investors on top of principle. This is how investors make money, and how companies can get money, like a loan, to accomplish growth and objectives for the company.

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  • Accounting Careers: Speaking the Language of Business

    Name: Toni Miller
    Job Title: Accounting Manager
    Where: Kent, WA - USA
    Years of Experience: 15
    Education: High school and some college
    Annual Salary: Interested in accounting careers or an auditing career? See PayScale's Research Center to learn more about careers in accounting and accounting salaries.
     

    Accounting involves more than just crunching numbers. Businesses use accounting methods to translate their day-to-day activities into financial variables, and then analyze issues such as efficiency and productivity. The idea of analyzing financial information may cause some people to yawn, but accounting careers can be both challenging and rewarding. In this Salary Story, you'll meet Toni Miller, an accounting manager who plays an important role in her company. Actually, her job involves several roles and numerous responsibilities, as Toni describes in the following interview.

    Toni offers advice on how to prepare for an accounting career and what to expect from an accounting manager position. She gives an insider's look at what accounting careers are really like and discusses the top challenges she faces on the job. If you're a problem-solving whiz looking for a career in finance or business, don't miss this interview!

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  • Actuary Salaries and Job Description

    Alternate Jobs for an Actuary, reasons to be an actuary, actuary websites, actuary salary, actuary salary survey, career in actuary, actuary exam, actuary jobs, Associate of the Society Of Actuaries, Society of Actuaries, actuary profiles, salary calculator, salary survey

    Name: Promod Sharma
    Job Title: Actuary
    Where: Toronto, Ontario
    Employer: Major Canadian Life Insurance Company
    Years of Experience: 23
    Education: BSc (University of Western Ontario)
    Salary: Use PayScale's Research Center to find median actuary salaries.

    Actuary Salaries and Job Description

    Most people may not know what an actuary does, or the reasons to become an actuary. As this interview reveals, actuarial jobs offer great variety and growth potential. We spoke to actuary Promod Sharma who gave us inside info on what to expect from actuarial jobs, factors that affect actuary salaries and the outlook for actuarial jobs. Promod emphasized that actuary positions are not necessarily boring, as many people assume. According to Promod, actuarial jobs can provide challenging work as well as the opportunity to help consumers.

    This informative interview also covers the actuary exam(s) given by the Society of Actuaries to become an Associate of The Society Of Actuaries. If you're seeking a job in this field or want more actuary salary info, keep reading!

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