Finance Jobs Bristol

     

Although it cannot compete with London in terms of the size of its financial sector, Bristol still boasts of an impressive area of finance with many offices for corporate and personal finance to be found in this coastal city. It has been this way since its trading and shipping days when Bristol was one of the country’s major economic players.

Some of the larger companies in Bristol that are in the finance sector include:

  • Banks
  • Mortgage brokers
  • Personal Financial Advisory Partnerships
  • Accountants

In personal finance, you may be hired as an accountant or a personal financial advisor. You will be helping individuals and families to balance their in and out goings, reviewing any tax they pay, VAT, National Insurance and the like. You may also help people to find suitable loans or mortgages.

Corporate finance is used to describe the workings of financial managers who find the money that businesses will use to produce goods or sell their services. Funding a business in the long term is done through ownership equity and long term credit in the form of bonds. If extra funds are needed in the short term, a financial manager may use loans from banks. The financial manager of a company will be responsible for any credit policies that their employer follows, including chasing payments and approving credit for customers. Hey may also have some authority over stock levels, cash transactions and asset insurance. This is especially important in case of theft and damage.

To get into a role in finance, you will need to have a related qualification, many of which can only be gained through a university degree, although there are also ways to get into finance without going to university. If you studied in the UK, you need something like a MSc in Business, Economics, Accountancy, Finance or Trade and Investment. Or you can take a qualification to become a chartered accountant.

Salaries for jobs in finance range massively, and you can easily add to your annual salary with bonuses and pensions. Managerial and senior roles in finance can earn you a six figure salary, with many working in corporate finance earning on average £50,000-£75,000. The basic starting salary is way above average for a graduate starting salary at £35,500 as opposed to £23,500. Salaries also tend to jump above average the further south you travel.

Corporate finance is possibly the most attractive area to work in, in Bristol as it is home to some massive companies and also has a solid small business sector which relies on financial advisors to keep their figures up to date and win them credit. However do not limit yourself. The suburban and city centre population tops 900,000, with a large number of these people hiring accountants, mortgage brokers, tax advisors and other financial advisors for their personal needs.