Trade guide
Financing consultant
Financing is a very broad field and the jobs are varied. But who is a finance consultant and when should you call on their services? Are you thinking of becoming a finance consultant? This is an important profession, because it brings together the various players in the finance industry , enabling companies to develop their activities. It enables you to become a finance professional.
The business
What is a finance consultant?
Its role
Financing consultants are professionals who advise developing companies and individuals on the various types of financing. They are responsible for assessing financial needs, financial planning, seeking private funding, etc.
Its field of action
Finance consultants may also be called finance advisers, financial advisers, operations managers, auditors or investment advisers.
The functions
What are the tasks of a finance consultant?
A financing advisor helps entrepreneurs develop their ideas and manage their finances. They also help small businesses draw up business plans. A finance consultant also helps with bank loan applications. They help determine the amount of money their clients need or find outside sources of financing.
Indeed, the responsibilities of a finance consultant include helping SMEs and start-ups to obtain loans, grants, venture capital funds and equity financing for the development of their activities. Finance consultants can help clients draw up a business plan, analyse expenses and income, and determine business strategies. Most finance consultants work for independent businesses and law firms, but they can also work for banks, insurance companies, etc.
Qualifications
Qualities and skills needed to be a good finance consultant
A finance consultant has extensive knowledge of tax regulations and investment laws. The professional skills required for this position are :
Knowledge of commercial and financial operations
Knowledge of cost management
Knowledge of budget planning
Knowledge of profitability and liquidity analysis
To succeed in this profession, consultants need to be autonomous, team players and able to work with other members of the company. They also need to be patient and persistent, as objectives are not always achieved quickly.
The benefits
What are the advantages of working as a finance consultant?
Being a finance consultant allows you to help other people with their financial affairs. You know all the information your clients need to make the right decisions. You can advise them on the best investment strategy, whether it’s investing or financing.
Your remuneration is assured by a commission on their investments. Financial consultancy is a profession that allows you to combine the pleasures of home and the office. You can choose to work part-time or freelance. It’s a job with flexible hours. It’s easy to get new clients.
Remuneration
Financing consultant: salary and career development
The salary of a finance consultant is based on a number of factors. The first factor is the size of the company providing the remuneration. In general, small companies offer a lower salary than large companies. The second factor is the employee’s background. An expert with good experience can generally obtain a higher salary than a beginner.
A finance consultant earns between 4,000 and 4,500 euros gross per month. An experienced consultant with 10 years’ experience can earn up to 6,500 euros a month. They can also become self-employed and run their own consultancy firm, or move on to other positions in finance.
Up to
65 000€
Salary per year
Training courses
How do you become a finance consultant?
Our training courses
Finance consultants are usually trained in a related field, such as banking, business law or finance. Finance consultants are increasingly in demand, as they can help people understand how to set up and run a business.
Have you decided to become a finance consultant? Like all professions, you will need a diploma. Our INSEEC school offers sandwich courses. You can choose between several related fields such as economics or management. At the end of the course, you will be awarded an RNCP certificate or a master’s degree.
At INSEEC, one of our 4 programmes:
and you can specialise in finance or financial law. It is essential for a consultant to have a good knowledge of the rules and laws governing the financial sector.
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