Financial Operations Specialist
What Does a Professional in this Career Do?
A Financial Operations Specialist specializes in foreseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.
Job Outlook
There were 968 Financial Operations Specialist job postings in North Carolina in the past year and 27758 in the United States.
In combination with other careers in the Financial Operations Specialist industry, which includes the Financial Operations Specialist career, the following graph shows the number of people employed for each year since 2015:
Salary
Many new Financial Operations Specialist jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.
National
The average estimated salary in the United States for this career, based on job postings in the past year, is $70,675.
State
The average estimated salary in North Carolina for this career, based on job postings in the past year, is $71,898.
Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Financial Operations Specialist postings in the United States in the past year were lower than $48,634.
Education and Experience
Posted Financial Operations Specialist jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.
| Education Level | Percentage |
|---|---|
| Associate's Degree | 0% |
| Bachelor's Degree | 45.9% |
| Master's Degree | 11.64% |
| Doctoral Degree | 3.13% |
| Other | 26.55% |
Posted Financial Operations Specialist jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.
| Years of Experience | Percentage |
|---|---|
| 0 to 2 years | 46.85% |
| 3 to 5 years | 40.33% |
| 6 to 8 years | 7.91% |
| 9+ years | 4.91% |
Skills
Below are listings of the most common general and specialized skills Financial Operations Specialist positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.
Baseline Skills
A skill that is required across a broad range of occupations, including this one.
- Communication (%)
- Management (%)
- Customer Service (%)
- Operations (%)
- Detail Oriented (%)
- Microsoft Excel (%)
- Problem Solving (%)
- Microsoft Office (%)
- Research (%)
- Leadership (%)
Defining Skills
A core skill for this occupation, it occurs frequently in job postings.
- Auditing (24.49%)
- Accounting (49.26%)
- Finance (53.51%)
- Financial Statements (25.94%)
Necessary Skills
A skill that is requested frequently in this occupation but isn’t specific to it.
- Workflow Management (8.25%)
- Accounts Payable (12.51%)
- Financial Policy (3.6%)
- Internal Controls (8.7%)
- Financial Systems (10.05%)
- Financial Analysis (15.52%)
- Financial Management (14.76%)
- Financial Data (9.08%)
- Invoicing (17.71%)
- Billing (19.32%)
- Accounting Software (5.76%)
- Accounts Receivable (14.94%)
- Reconciliation (10.07%)
- Purchasing (8.19%)
- Financial Services (19.26%)
- Financial Planning (6.65%)
- Bank Reconciliations (1.26%)
- Data Entry (8.7%)
- Generally Accepted Accounting Principles (8.43%)
- General Ledger (8.14%)
- Project Management (8.9%)
- SAP Applications (4.46%)
- Ledgers (Accounting) (2.2%)
- Process Improvement (10.78%)
Alternative Job Titles
Sometimes employers post jobs with Financial Operations Specialist skills but a different job title. Some common alternative job titles include:
- Financial Specialist
- Finance Specialist
- Financial Coordinator
- Financial Solutions Specialist
- Financial Services Specialist
- Financial Crimes Specialist
- Financial Management Specialist
- Financial Clearance Specialist
- Financial Reporting Specialist
Similar Occupations
If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.
- Financial Manager (General)
- Accounting Analyst
- Accounting Supervisor
- Controller (General)
- Accountant (General)
- Accounting Manager
Common Employers
Here are the employers that have posted the most Financial Operations Specialist jobs in the past year along with how many they have posted.
United States
- Lincoln Financial Group (440)
- First Commonwealth Bank (402)
- Elevance Health (295)
- TruGreen (205)
- Wells Fargo (202)
- L3Harris Technologies (201)
- Deloitte (187)
- Randstad (176)
- Robert Half (118)
- The Nature Conservancy (113)
North Carolina
- Wells Fargo (43)
- Truist Financial (40)
- Wake Forest Baptist Health (26)
- First Citizens Bank (21)
- University of North Carolina (20)
- Bank of America (19)
- Atrium Health Floyd (16)
- State of North Carolina (16)
- State Employees' Credit Union (14)
- Randstad (14)
NC State Programs Relevant to this Career
If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!
All wages, job posting statistics, employment trend projections, and information about skill desirability on this page represents historical data and does not guarantee future conditions. Data is provided by and downloaded regularly from Lightcast. For more information about how Lightcast gathers data and what it represents, see Lightcast Data: Basic Overview on Lightcast's Knowledge Base website.