Jobs With Money: 17 Types of Professionals in Charge of Cash
Jobs with money are those in which professionals work with and analyze cash, credit and other economic resources. Those in this role have a deep understanding of monetary value, business transactions and the benefits that funds can provide people. If you're skilled in keeping track of numbers, performing calculations and handling financial tasks, a job involving currency may be perfect for you. In this article, we provide 17 examples of jobs with money, exploring the national average salary and primary duties of each one.
Why are jobs with money important?
Jobs with money are important because they help support societal functions. Money makes up a large part of many public systems, functioning as the core element of economies and businesses. Those who work with money uphold these systems and foster flourishing trade and commerce. Money is valuable, so professionals who handle it have to be extremely responsible and careful. They also have the duty of understanding the complexity of economic and financial systems, which involve many laws and regulations. Those who excel in money-related roles have excellent interpersonal skills, expert mathematics knowledge and strong market acumen.
17 jobs with money
Here are 17 examples of jobs that entail working with money, one of which could be the right option for you:
National average salary: $25,624 per year
Primary duties: A cashier operates a cash register, scanning products for customers, receiving payments and giving change. Those in this role need technical skills to navigate the buttons or touch screen of a register. They can also benefit from counting abilities to ensure their company is collecting and dispensing the appropriate amounts of money. Cashiers may work for grocery stores, retail stores, gas stations or other business settings. Employers rely on these professionals to keep a company's capital secure and manage it responsibly.
2. Bank teller
National average salary: $32,182 per year
Primary duties: A bank teller greets and serves patrons at a bank, verifying their identities, processing their requests for deposits or withdrawals and writing certified checks and money orders. Those in this role welcome visitors, answer their questions about their accounts and the bank's services and direct them on where to go to get help with more complex financial matters. They may also facilitate currency exchange while adhering to foreign exchange rate regulations. Bank tellers are usually very skilled in customer service and have detailed knowledge of a banking institution's functions and products.
National average salary: $34,162 per year
Primary duties: A payroll specialist processes employee compensation for an organization. They assess timesheets, write checks, facilitate direct deposits, maintain payroll records and address employee questions about payroll-related matters. These professionals also conduct regular audits of records to ensure accuracy and complete accounting tasks, like reconciling the general ledger and filling out financial forms. Those in this role have an important, authoritative job, as they're responsible for adhering to tax and employment laws and paying employees appropriately for their labor.
4. Cash poster
National average salary: $37,543 per year
Primary duties: A cash poster processes billing and payments, typically in a healthcare-related setting such as a doctor's office, hospital, long-term care facility, health insurance company or pharmaceutical firm. Those in this role handle medical insurance coverage and read and verify information on a patient's Explanation of Benefits statements to determine what various plans and packages can fund. They also submit payment and denials and administer refunds, making sure both health organizations and patients receive the necessary compensation. Cash posters are skilled in finance, data entry, record-keeping, confidentiality and communication.
National average salary: $37,616 per year
Primary duties: A fundraiser seeks monetary and nonmonetary donations and support for a charity, nonprofit group, business or other organization. Their job is to convey the values and mission of their organization, convincing people and entities of the importance of its work. Fundraisers often aim to raise awareness of issues, help their communities and increase access to food and water, health care, housing and good living conditions, education and environmental sustainability. Those in this role are expert communicators, as one of their primary duties is to build positive, lasting relationships and gain loyal fans and supporters.
National average salary: $39,073 per year
Primary duties: An auction specialist sells art pieces, antiques and other high-value objects to bidders. First, they research and appraise the works to determine a fair price, typically based on an item's historical, cultural and market value. Those in this role typically have an extensive educational background in certain historical or artistic areas, so they can identify the creation date, materials and meaning of a piece. During this stage, they're responsible for writing condition notes and descriptions of the inventory. They then create catalogs, moderate auctions and supervise the storage, transportation and sale of auction items.
National average salary: $42,625 per year
Primary duties: A business reporter studies current economic and commerce-related events and presents them to the public. Their job duties include gathering and analyzing facts, conducting interviews, collaborating with photographers and assembling their findings to develop a strong, understandable piece of writing. Business reporters may write investigative, news, review, opinion or other types of journalistic articles about money-related topics such as finance, investments, corporate social responsibility and business technology. Those who succeed in this role are experts in telling unique, engaging stories that are relatable and relevant to readers' daily lives.
National average salary: $42,964 per year
Primary duties: A casino dealer operates and supervises table games at casinos, such as poker, blackjack, craps, roulette and baccarat. Their duties involve explaining game odds and rules to participants, dealing cards, enforcing "house" or casino regulations and ensuring fair gameplay. They're also often responsible for collecting bet money and handling and dispensing payouts, the monetary compensation for winning players. As casino dealers work directly with cash or checks in a fast-paced, tense and highly regulated setting, they typically have excellent attention to detail and strong multitasking skills. They're also expert communicators, as their goal is to entertain casino guests.
National average salary: $53,105 per year
Primary duties: A credit analyst evaluates the creditworthiness of a person, organization or investment, determining the probability that the entity can repay its debts. They usually work for financial institutions that specialize in lending money, like credit card companies and investment banks. In order to assist in the process of approving a loan, credit analysts explore the financial and credit history of borrowers to gain knowledge of the stability of their financial situations. Some duties of those in this role include analyzing cash flows and comparing the borrower's ratios with industry benchmarks.
National average salary: $55,941 per year
Primary duties: An accountant is responsible for maintaining financial records, interpreting data and consulting on important decisions for a person or a business. They may conduct sales and other forecasting, perform risk analysis assessments, prepare and submit comprehensive financial reports, solve fiscal issues and offer advice to their clients on how to reduce costs. A critical part of their job is ensuring a company keeps documents and financial materials according to legal regulations. As those in this role typically have an extensive educational background, they may supervise assistants and entry-level employees, such as accounting technicians, clerks, analysts, interns and bookkeepers.
11. Cash manager
National average salary: $62,848 per year
Primary duties: A cash manager handles the flow of money in and out of a company, the cash component of a larger wealth portfolio. They're in charge of allocating cash balances, loans, disbursements and investments to support the organization's fiscal health. They ensure a company meets its payment obligations and receives enough income to remain operational and stable. Those in this role also compare forecasts with actual balances, investigating and resolving any shortages or overages. For this reason, cash managers need effective analyzing and problem-solving abilities. They also benefit from teamwork skills, as they may collaborate with other financial professionals.
National average salary: $64,030 per year
Primary duties: A philanthropic consultant, also known as a philanthropic advisor, offers recommendations for clients on the best ways to donate money. They may work for a consulting agency or for their own freelance business, but their primary goal is to find charitable contribution opportunities that fit with their clients' values, desires and budgets. These may involve organizations that address poverty, human rights, health, education or the environment. Philanthropic consultants are experts in research and strategy, understanding social issues and determining how to invest in solutions for them. They're also adept at building productive relationships with industry professionals and community leaders.
National average salary: $69,136 per year
Primary duties: An anti-money laundering analyst works for a bank or other financial institution to ensure transactions are legitimate and prohibit any illegal activity. Specifically, they check that people have obtained their income in proper ways, according to legal regulations. They enforce organizational guidelines, monitor deposits and withdrawals, report warnings about suspicious trends and verify the origin of sizable sums. As some of the primary responsibilities of anti-money laundering analysts are conducting surveillance and recognizing clues of potential crime, those who succeed in this role can pay close attention to detail and use strong analytical thinking skills.
14. Treasury analyst
National average salary: $70,950 per year
Primary duties: A treasury analyst handles and oversees a company's banking activities, ensuring that the way it invests, saves and spends its capital leads to financial success and stability. Their primary responsibilities are to manage assets and liabilities, cash flow, income and monetary obligations. They prepare quarterly statements, present regular briefings to top C-level executives, assess risks and make recommendations. Those in this role often work with other financial professionals to help a business stay in operation and perform tasks like completing tax forms or monitoring investment income.
National average salary: $71,828 per year
Primary duties: A financial advisor investigates and assesses their clients' financial affairs, helping them to develop and pursue goals in areas like budgets, investments, tax strategies, savings, mortgages and insurance. They often assist people or businesses in increasing their revenue, reducing their expenses and diversifying their income sources. As those in this role have extensive educational backgrounds and experience, they can use their detailed knowledge to offer well-informed, relevant recommendations. Their job duties include compiling financial statements and documents, conducting economic research and building financial plans and targets.
National average salary: $107,742 per year
Primary duties: An economist examines economic concepts and realities, like the trade of goods and services, the allocation of wealth and resources and the process of production. They do this to inform decisions about economic policies, including tax laws, international trade agreements and interest rates. They may specialize in a certain area, state, region or country, but they may also focus on the entire global economy. Those in this role usually have master's or doctorate degrees, which proves their extensive knowledge of economic history and their capability for predicting future trends.
17. Loan officer
National average salary: $180,360 per year
Primary duties: A loan officer works on behalf of a bank, credit union or other lending institution to prepare and process loan applications. They often work with people trying to borrow funds for mortgages or other large payments. They direct applicants through the process of getting a loan, explaining the opportunities a firm offers and suggesting options that best fit the potential borrower's needs and situation. Those in this role evaluate a loan candidate's eligibility status and creditworthiness by assessing their income history, credit score and other elements of their financial background.
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