Finance Jobs Grand Forks Nd

Grand Forks, North Dakota, while not a major financial hub, offers a variety of finance-related job opportunities. The city's economy, anchored by agriculture, higher education (University of North Dakota), and healthcare, supports a demand for professionals skilled in managing finances, investments, and risk.

Banking and Credit Unions

The most prominent sector for finance jobs in Grand Forks is banking. Several national and regional banks, as well as local credit unions, maintain branches in the city. Common roles include:

• Bank Teller: Entry-level position handling customer transactions.
• Personal Banker/Financial Services Representative: Assisting customers with opening accounts, loan applications, and basic financial planning.
• Loan Officer: Evaluating loan applications and managing loan portfolios.
• Branch Manager: Overseeing the operations and staff of a bank branch.

Accounting and Financial Planning

Accountants and financial planners are also in demand, serving both individuals and businesses. Opportunities exist in:

• Accounting Firms: Providing tax preparation, auditing, and financial consulting services to businesses.
• Corporate Accounting Departments: Managing the financial records and reporting for local companies.
• Financial Planning Firms: Assisting individuals with retirement planning, investment management, and insurance needs.

University and Healthcare Finance

The University of North Dakota (UND) and Altru Health System are significant employers in Grand Forks. Both organizations require finance professionals for:

• Budgeting and Financial Analysis: Managing budgets, analyzing financial data, and providing financial forecasts.
• Accounting and Reporting: Maintaining financial records and preparing financial reports.
• Grant Management (UND): Managing the financial aspects of research grants and contracts.
• Healthcare Finance (Altru): Managing the financial aspects of healthcare services, including billing, reimbursement, and cost accounting.

Skills and Qualifications

Typical requirements for finance jobs in Grand Forks include:

• Education: A bachelor's degree in finance, accounting, economics, or a related field is often required, especially for positions beyond entry-level.
• Skills: Strong analytical, problem-solving, and communication skills are essential. Proficiency in financial software and Microsoft Excel is also important.
• Certifications: Certifications such as CPA (Certified Public Accountant), CFA (Chartered Financial Analyst), or CFP (Certified Financial Planner) can enhance career prospects.

Job Outlook

The job outlook for finance professionals in Grand Forks is generally stable. While the city may not offer the same range of opportunities as larger metropolitan areas, the consistent demand from banking, accounting, education, and healthcare sectors ensures a steady stream of job openings.

Salary Expectations

Salaries for finance jobs in Grand Forks are generally competitive with the cost of living in the region. Entry-level positions may offer modest salaries, but compensation typically increases with experience and qualifications.