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English Speaking Finance Jobs in Frankfurt
The City of Frankfurt is one of the largest cities in Germany. It lies on both banks of the Main River, which flows through it from north to south. The population of this metropolis is about 2 million+ people. This makes it one of the biggest cities in Europe. In addition, there are many other important places like museums, art galleries, theatres, etc., that makes this place a great tourist destination. There are also lots of famous universities here such as the University of Frankfurt am Main, Goethe-Universität, Universitätsklinikum Carl Gustav Carus, Humboldt-Universitäten Berlin und Technische Universität Darmstadt.
These institutions have made Frankfurt an attractive location for students studying abroad or doing their postgraduate studies. Many international companies have set up offices in Frankfurt because of its central position within Europe. Some of these include Deutsche Bank AG, Commerzbank AG, Allianz SE, UBS AG, HSBC Holdings plc, BNP Paribas SA, ABN Amro Group NV, Credit Suisse AG, Royal Dutch Shell Plc, KPMG International Inc., Ernst & Young LLP, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers GmbH, PwC Advisory Services GmbH, EY Global LLC, Accenture Ltd, IBM Corporation, Microsoft Corp, Google, etc
To attract more foreign talent and investment into the country, the government has created new jobs for foreigners with English speaking skills. These positions can be found at various levels: entry-level, mid-level and senior management positions. Most of them require some experience, but if you’re willing to work hard, you will find yourself working in a very competitive environment. So what exactly does an English speaker finance job entail?
Let us take a look below!
Entry Level - English speaking Accounting Supervisor
This is probably the most common type of job available for someone looking to start their career. You would need to learn the German language first before applying for any accounting clerk job. If you don't know how to speak German fluently yet, you should consider taking classes to get better prepared when applying for those jobs. Once you're done learning German, you'll be able to apply for different types of accounting clerk jobs, including bookkeeping, accounts receivable, accounts payable, payroll processing, tax preparation, etc. Depending on your knowledge of German, you may even end up being hired by a company located outside of Germany. For example, IKEA uses mostly non-native speakers to fill its vacancies. They employ native speakers only after they've been trained properly. While not everyone gets hired immediately, you might land a good-paying job once you pass the interview process.
Requirements:
1. Fluent written and spoken English
2. Good command of computer programs such as MS Word, Excel, PowerPoint, Access, Outlook, Internet Explorer, Chrome, Safari, Firefox, etc.
3. Ability to use essential math functions such as multiplication, division, subtraction, addition, percentages, ratios, time calculations, etc.
4. Basic understanding of financial terms such as profit margin, cost per unit, gross sales, net income, return on capital employed, ROE, ROCE, LTM, FFO, FCF, EPS, NPV, IRR, MIRROR, cash flow statement, balance sheet, etc.
Mid Level - English speaking Financial Analyst / Accountant
If you already possess strong communication skills and understand business concepts well enough, then you might want to think about becoming a financial analyst. As mentioned above, you'd still need to master the German language since most of the tasks involve dealing with numbers. However, unlike accountants, analysts usually deal with data analysis rather than preparing reports. Their primary responsibility includes analysing information provided by clients, performing research, creating forecasts, making recommendations based on facts gathered during interviews, etc.
Requirements:
1. Strong analytical thinking ability
2. Excellent verbal and writing skills
3. Knowledgeable of spreadsheets such as Microsoft Excel, Powerpoint, Visio, Numbers, Quicken, Quickbooks, etc.
4. Familiarity with databases such as SQL Server or Oracle Database
5. Understanding of business terminology
6. Experience using statistical software like SPSS, SAS, Stata, Minitab, etc.
7. Proficiency in programming languages such as C, Java, Python, PHP, Perl, Ruby, JavaScript, HTML, CSS, XML, XSLT, AJAX, JQuery, etc.
8. Able to communicate effectively both verbally and through email
9. Self-motivated personality
10. A Bachelor's degree from an accredited university
Senior Management – English Speaking Senior Finance Manager / Finance Director
These are typically higher-paid positions compared to other finance-related roles. The responsibilities include managing multiple projects simultaneously, leading teams, developing strategies, planning budgets, forecasting future trends, negotiating contracts, etc. To become a senior manager, one must have at least 5 years of experience working within an organization. It also helps to demonstrate leadership qualities, excellent interpersonal skills, high-level problem-solving abilities, creativity, strategic vision, organizational skill, decision making capability, effective management style, etc. Some companies prefer hiring individuals who hold MBA degrees while others look for people who have worked their way up from entry level positions. Regardless of what path you choose, it will take some hard work and dedication to reach this position.
• Minimum 3+ years' relevant professional experience
• Proven track record of success in achieving results against targets and deadlines
• Demonstrated ability to lead and manage large groups of staff
• High levels of personal motivation and self-discipline
• Strong team player attitude
• Highly organized individual with attention to detail
• Well developed presentation skills
• Strategic thinker with proven ability to develop new ideas and implement them into action plans
• Flexible approach to change and willingness to adapt to changing circumstances
• Effective communicator with demonstrated ability to build rapport and influence stakeholders
• Outstanding technical skills
• Ability to multi-task under pressure
• Ability to handle confidential matters
• Ability to travel frequently
• Computer literate with proficiency in word processor applications such as MS Office Suite, internet browsers, e-mail client, spreadsheet application, database management system, web browser, etc.
• Good knowledge of accounting principles and practices, including the use of financial statement analysis tools
• Fluency in the English language is essential
Final Thoughts on English Speaking Finance Jobs in Frankfurt
There are many different types of jobs available in Germany. If you’re looking for something specific, make sure that your resume highlights all of your qualifications so employers know exactly why they should hire you! Also, be aware of any German laws or regulations which may affect your job search. For example, there are restrictions regarding how much time foreign workers can spend outside their home country. This restriction does not apply to those employed by international organizations. You might want to check out our guide about Working Abroad in Europe before starting your job hunt.
If you need help finding a job, please feel free to contact us here. We offer services across Europe, and we're always happy to assist.