Financial Secretary salary

Financial Secretary: A Deep Dive into Salary and Working Conditions

Working as a financial secretary means being part of the important finance function within an organization. Financial secretaries, also known as accounting economists, play a central role in handling and analyzing financial data, facilitating crucial business decisions. But what does it actually entail to work in this profession, and what can one expect in terms of salary?

What Does a Financial Secretary Do?

Financial secretaries primarily work on compiling and analyzing financial information, which includes tasks such as budgeting, accounting, and reporting. They ensure that the company's financial reports are accurate and comply with applicable laws and regulations. The work may also involve handling invoicing and payroll, as well as coordinating with other departments to ensure financial stability within the organization.

Salary for Financial Secretaries

With an average monthly salary of 43 000 SEK, the financial secretary profession is at a competitive level. Men in the profession earn an average of 43 800 SEK, while women are slightly below at 42 800 SEK, meaning that women earn approximately 98% of what men do in this occupational role. The average hourly wage for an hourly financial secretary is 259 SEK, based on 166 working hours per month.

Salary Development

The salary for financial secretaries has increased from 41 200 SEK to 43 000 SEK since the last measurement. This may indicate a positive trend in salary development for this profession, which can be attractive to potential job seekers and current employees.

Salary Range

The salary range for financial secretaries is wide. The highest salary for a man in the profession is 46900 SEK, while the highest salary for a woman is 43600 SEK. On the opposite end of the spectrum, the lowest salary for a man is 26300 SEK and for a woman is 33300 SEK.

Education and Qualifications

To become a financial secretary, a degree in finance or accounting at the university level is usually required. Many employers also value previous work experience in the field of finance. A high school education with a focus on economics can also lead to positions in the profession, but higher education can open doors to better-paid positions and more career opportunities.

Working Conditions and Future Outlook

Financial secretaries often work in office environments, and job duties may vary depending on the employer's size and industry. The possibility of working from home may exist depending on the company's policy and digital infrastructure.

Future Outlook

According to the Swedish Public Employment Service's forecasts for the occupational group of accounting economists, which includes financial secretaries, the job prospects are considered moderate. Over a five-year period, demand is expected to remain unchanged, indicating that the profession offers stable job opportunities, but competition may be tough depending on the region and job market.

Benefits

Benefits for financial secretaries may vary depending on the employer. Common benefits may include paid training to update skills in finance and accounting, the opportunity to work from home, and access to modern technical equipment such as mobile phones and computers. These benefits can increase the attractiveness of the profession.

What to Consider?

For those wishing to work as financial secretaries, it is important to have a meticulous and analytical mind, as well as a good ability to work with numbers and details. Since the profession may involve many deadlines and demands for accuracy, good organizational skills and stress management are also important qualities.