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Mutual Fund Financial Managers

Outlook

Employment for financial managers (including chief financial officers, treasurers, and controllers) who who work for companies that manage funds, trusts, and other financial vehicles will increase by 20.7 percent from 2023 through 2033, according to the U.S. Department of Labor (DOL). This is much faster than the average for all careers. Despite this prediction, competition for jobs at mutual funds will be strong because there are more applicants than job openings. Candidates with a master’s degree and certification and who have an understanding of international finance and complex financial documents will have the best job prospects.

The role of chief financial officers is changing. According to a Robert Half Management Resources survey, chief financial officers reported that their roles had expanded outside traditional accounting and finance duties in the most recent years. Chief financial officers reported that their duties had expanded most commonly into human resources, followed by information technology, operations, marketing, and sales or business development.