Aug 26th 2013
By Jason Bramwell
For the third straight year, Accounting Principals, an accounting and finance staffing agency, has identified the top ten cities to find a job in finance. For 2013, Dallas takes the top spot on the list, followed by Houston and San Francisco.
The list was determined by the overall economic environment in cities across the United States as well as internal data from Accounting Principals branches, taking into account the volume of job openings in the past six months.
"By doing this list annually, we are able to see that there are a variety of opportunities for job seekers outside of the typical finance hubs, which is great news for finance and accounting professionals who don't want to be limited to certain geographic regions," Jodi Chavez, a senior vice president for Accounting Principals, said in a written statement. "As employers become more confident in hiring, we hope to see continued success across varying industries and states as the economy improves."
Although some of the cities have been featured on the list in previous years, the list is simply indicative of constant opportunities in certain areas of the region.
In Texas, Dallas boasts a broad business climate, with opportunities in technology and a host of Fortune 500 companies, while Houston sees opportunity in the energy sector, including oil and gas and real estate. Both cities are extremely livable, with many attractions and a fair cost of living.
Chicago and New York City (including Long Island) are extremely large cities offering a great deal of jobs. From small businesses to Fortune 500 companies, opportunities are booming in similar industries in both cities, including not-for-profits, health care, financial services, and insurance sectors.
Many opportunities come with great weather in cities like Phoenix, San Francisco, and Irvine, California, with a range of positions in successful start-ups, large organizations, and small companies. Seattle offers opportunities in the technology and aerospace sectors, and finance professionals with experience in both private and public accounting are especially sought after by employers.
Out east, Atlanta and Richmond, Virginia, offer the presence of many large companies, educated university graduates, and opportunities in manufacturing, health care, and banking.
According to the Bureau of Labor Statistics, unemployment in the finance industry hit 7.7 percent at the height of the recession, but as of June 2013, the rate had dropped to 4.7 percent.
"It is encouraging to see the nation is filled with opportunities that can suit any jobseeker's tastes," Chavez said. "As the economy improves – and most sectors are seeing improvement – finance professionals' options are also growing."