6 Finance Jobs You Can Work Remotely
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As people conduct more and more of their lives online, nearly every sector has fully remote jobs. Finance jobs are no exception. Many jobs in finance can be entirely remote, and widespread broadband internet has made that realistic for most of us.
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Having a fully remote position means you can save time and money you would otherwise spend on commuting. And finance jobs pay well — an average of $95,739, according to ZipRecruiter. With more remote jobs appearing, numerous finance jobs pay at least as much as the average. Here are some of the top remote jobs in finance to pursue.
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Senior Financial Consultant
Average base salary: $95,000
Senior financial consultants work with companies and individuals to create financial plans and manage investment portfolios. They may work with clients to help them achieve their financial goals through various strategies. Those working with organizations might create detailed reports on company finances. As the “senior” designation suggests, this is a position requiring several years of experience.
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The typical salary for a senior financial consultant is around $95,000 in the United States. However, that average doesn’t include “additional pay,” which Glassdoor says could include cash bonuses, commissions, tips and profit sharing. With additional pay included, the average total pay for senior financial consultants is around $141,000.
Median base salary: $131,710
Finance managers are responsible for the financial health of organizations. Job duties might include data analysis, creating financial reports and managing the organization’s investments. As this is a managerial position, finance managers advise senior managers and help set long-term financial goals for the company.
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According to the Bureau of Labor Statistics, the median salary in 2021 was $131,710. The BLS also notes that the projected growth rate of finance managers is 17% from 2021 to 2031, which is much higher than the forecast for all positions.
Median base salary: $239,000
A financial controller, or simply controller, oversees a company’s accounting department and is responsible for maintaining accurate accounting records. This position typically oversees company cash flow, prepares financial reports and prepares payroll tax payments.
The average salary for controllers is $238,700, according to Salary.com, not including additional pay. Controllers’ median total pay for bonuses and benefits is $374,848.
Investment Banking Analyst
Median base salary: $97,000
Investment banking analysts conduct market research while reviewing financial data and market trends. They support associates and investment bankers in deals that include mergers and acquisitions, equity and debt offerings, and leveraged buyouts. They also supervise IPOs and private equity settlements. Another key responsibility for investment banking analysts is reviewing deals to determine potential profitability.
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The median base salary for investment banking analysts is $97,109, not including additional compensation. The median additional pay for this position is $43,283, for total median compensation of $140,392.
Director of Finance
Median base salary: $187,000
A financial director focuses on ensuring a company’s long-term growth and financial health. The director develops strategies to help achieve that growth while also maximizing profits. He/she oversees accounting operations and creates in-depth financial reports and then recommends strategies for increasing profits and shoring up the company’s balance sheet.
The median base salary for a director of finance is around $187,000, according to Salary.com. The median total compensation, including bonuses and benefits, is about $272,000.
Vice President of Finance
Median base salary: $187,000
A vice president of finance is a high-level executive who oversees a company’s finances. That could include a variety of tasks, such as budgeting, cash flow management, investment strategy and profit maximization. Like the director position, this job also focuses on the company’s long-term growth. It may require analyzing data and making recommendations to help achieve the company’s long-term financial goals. The VP of finance also will help ensure compliance with various tax laws and regulations for the industry.
The median base salary for the vice president of finance is about $187,000. The median additional pay for a VP of finance is $126,394, for total median compensation of $313,762