What salary can you expect when you start in finance?

Have you recently graduated or will you be finishing soon? Then you’ll probably want to know what salary you can expect for your first job in finance. Thomas Wiejean, Senior Consultant in Recruitment at Walters People, explains what salaries can be earned by graduates and professionals with up to three years of experience in various financial positions.

Accounting

If you start your career as a junior accountant or assistant accountant in charge of accounts payable and receivable, you can expect to earn a minimum gross monthly salary of €2,000. “Some organizations even offer a little more for newbies. In large international organizations, the salary of entry-level accountants can reach between 2,300 and 2,400 gross euros per month,” adds Thomas Viejean.

Bank and insurance

“Have you always dreamed of working in the banking industry? Working as a back office or middle office clerk is a great position to start your banking career. » If you start in a back office position, you can expect a gross salary of between 2,300 and 2,600 euros per month. In the position of a middle office, the initial gross salary is slightly higher, namely from 2400 to 2800 euros per month.

Do you strive to learn, have a business mind and demonstrate good communication skills? As a junior financial advisor, you communicate with clients on a daily basis and offer them a customized solution. Your commercial acumen will help you expand your own client portfolio. To do this, you can expect a starting salary of 2100 to 2800 euros per month.

“In the insurance world, the demand for insurance professionals is currently extremely high. Working in your own region and having many career opportunities are just some of the benefits of this job. As a beginner in insurance, you can expect a gross salary of between 2,000 and 2,500 euros per month,” explains Thomas Viejean. Of course, in addition to this salary, the banking sector also offers many other extralegal benefits, as well as the ability to work remotely several days a week.

Finance

“The number of vacancies in finance has never been higher than today. Even beginners have a wide range of interesting financial jobs to choose from. For example, the first job in the “big four” is a great start to a career. ”, analyzes the senior consultant of Walters People. As an external or internal auditor, you can expect a salary between 2400 and 3200 gross euros per month. In addition to the benefits, most organizations also include a company car in their pay package.

Do you have a strong analytical mind? In this case, you can apply for a job as a business analyst or financial analyst. Depending on the organization you work for, you will receive a gross salary between 2400 and 3200 euros per month.

Finally, do you have any advice in the blood? As an external consultant, your experience and financial knowledge is invaluable to companies that need help with their projects. As a newbie to this feature, you can expect a gross salary of between 2,100 and 2,500 euros per month.

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