Which Financial Jobs Are Considered Essential in a Crisis?
Posted at 07/04/2020
Today, the experts at Fed Finance present the jobs in the finance sector that remain essential in times of crisis and explain why they are so important.
Why are financial services essential in a crisis?
Generally speaking, the financial sector suffers the consequences of upheaval just like any other. However, several of the professions in the sector are considered essential.
While job prospects are always reduced in times of crisis, corporate professions such as financial analysts, accountants and financial controllers are likely to be less affected when it comes to getting hired and maintaining employment.
The reason behind this is simple—after management, financial professions provide some of the most critical services in difficult times. The finance department ensures the company’s survival by managing its cash flow and keeping its head above water. That’s one of the reasons why it’s so important to choose the right candidates for financial positions.
Payroll services: important financial sector jobs
For starters, payroll services are among the financial sector jobs that are considered essential during a crisis. Managers, payroll technicians and experts are all vital positions in times of great turmoil. And as we can see right now with the many job offers posted on various platforms, these professionals are in high demand with recruitment firms.
Accounting: essential in times of crisis
The accounting sector includes several jobs that are essential in a crisis. Accountants, financial analysts and auditors are all currently in high demand.
While the aforementioned accounting professions are vital, companies can opt for remote work to limit costs in difficult times. The essential workers of the financial sector are perfectly capable of performing their tasks from home, provided that they have the necessary equipment and remote access.
As a result, more and more accounting professionals are providing their services over the phone. This method maintains the security of sensitive information while making it easier to answer any questions clients have about their personal or business finances.
Insurance: not to be overlooked
Insurance jobs are also considered essential. While they may sometimes go unnoticed, these jobs are very important, particularly in a crisis. Many employees, employers and entrepreneurs question their insurance coverage in difficult times and require clarifications. Consequently, insurance companies must respond to the high demand. Fortunately, these firms generally offer services online or over the phone, providing more flexibility in times of great turmoil.
Find a job in Quebec’s financial sector with the help of Fed Finance
Regardless of what crises may occur, financial services are pivotal positions in any organization.
Are you looking for a financial services position in Quebec? At Fed Finance, our specialized consultants offer personalized support to help you find a job that suits you. Check out our job offers in finance to take your career to the next level and contact Fed Finance!