What Do SAP Financial Consultants Do?
Wondering what the job is really like for sap financial consultants?
You've come to the right place.
Keep reading to find detailed information about what sap financial consultants do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
SAP Financial Consultants Overview & Description
Let's get started with the basics about sap financial consultants by taking a look at a simple description and popular job titles.
SAP Financial Consultants advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
Popular Job Titles For SAP Financial Consultants
Sample of Reported Job Titles
- Financial Advisors
- Financial Counselors
- Financial Consultants
- Financial Solutions Advisors
- Private Client Advisors
- Client Advisors
- Financial Aid Counselors
- Investment Consultants
- Wealth Advisors
- Financial Planners
- Wealth Management Advisors
- Patient Financial Counselors
Read on for insight into the industries where the highest concentration of jobs for sap financial consultants can be found.
Best Industries for SAP Financial Consultants
SAP Financial Consultants Jobs By Industry
- Other Financial Investment Activities: 38.2%
- Securities and Commodity Contracts Intermediation and Brokerage: 31%
- Depository Credit Intermediation: 15.2%
- Agencies, Brokerages, and Other Insurance Related Activities: 3.2%
- Activities Related to Credit Intermediation: 2.5%
- Management of Companies and Enterprises: 1.6%
- Other: 8.3%
When it comes to jobs in the United States, the largest single category of sap financial consultants can be found working in the Other Financial Investment Activities sector. In 2023, about 38.2% of all jobs for sap financial consultants were found there.
Other top industries by percentage include Securities and Commodity Contracts Intermediation and Brokerage (31%), Depository Credit Intermediation (15.2%), Agencies, Brokerages, and Other Insurance Related Activities (3.2%), Activities Related to Credit Intermediation (2.5%) and Management of Companies and Enterprises (1.6%).
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What Do SAP Financial Consultants Do on a Daily Basis?
So you have a high-level understanding of what sap financial consultants do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work sap financial consultants do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that sap financial consultants tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for sap financial consultants, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's SAP Financial Consultants
Based on 73,805 job postings
Top 5 Specialized Skills for SAP Financial Consultants
| Skills | Postings | % of Total Postings |
|---|---|---|
| Financial Services | 22,390 | 30% |
| Investments | 21,284 | 29% |
| Finance | 15,763 | 21% |
| Financial Planning | 15,117 | 20% |
| Accounting | 13,549 | 18% |
Top 5 Common Skills for SAP Financial Consultants
| Skills | Postings | % of Total Postings |
|---|---|---|
| Communication | 28,729 | 39% |
| Customer Service | 19,002 | 26% |
| Sales | 18,913 | 26% |
| Management | 16,667 | 23% |
| Leadership | 15,466 | 21% |
Based on 73,805 job postings related to sap financial consultants, financial services was the top specialized skill sought by employers, with 30% of all postings looking for that skillset. Skills for investments, finance, financial planning, accounting and wealth management were also highly sought.
As for common skills, communication was the most desired skill found in job postings for sap financial consultants, followed by customer service, sales, management, leadership and planning.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Financial Services | 22,390 | 30% |
| Investments | 21,284 | 29% |
| Finance | 15,763 | 21% |
| Financial Planning | 15,117 | 20% |
| Accounting | 13,549 | 18% |
| Wealth Management | 12,474 | 17% |
| Sales Prospecting | 8,577 | 12% |
| Marketing | 7,691 | 10% |
| Financial Industry Regulatory Authorities | 6,934 | 9% |
| Business Development | 6,336 | 9% |
| Customer Relationship Management | 5,682 | 8% |
| Billing | 5,523 | 7% |
| Loans | 5,474 | 7% |
| Auditing | 4,913 | 7% |
| Due Diligence | 4,722 | 6% |
| Securities (Finance) | 4,612 | 6% |
| Financial Market | 4,451 | 6% |
| Investment Management | 4,395 | 6% |
| Financial Statements | 4,213 | 6% |
| Portfolio Management | 4,119 | 6% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Communication | 28,729 | 39% |
| Customer Service | 19,002 | 26% |
| Sales | 18,913 | 26% |
| Management | 16,667 | 23% |
| Leadership | 15,466 | 21% |
| Planning | 15,028 | 20% |
| Presentations | 12,647 | 17% |
| Problem Solving | 11,730 | 16% |
| Microsoft Excel | 10,710 | 15% |
| Writing | 10,614 | 14% |
| Detail Oriented | 10,476 | 14% |
| Self-Motivation | 9,822 | 13% |
| Operations | 8,944 | 12% |
| Interpersonal Communications | 8,256 | 11% |
| Research | 8,228 | 11% |
| Microsoft Office | 8,224 | 11% |
| Coaching | 7,855 | 11% |
| Microsoft PowerPoint | 7,403 | 10% |
| Time Management | 7,277 | 10% |
| Multitasking | 7,055 | 10% |
Most In-Demand Jobs for SAP Financial Consultants
Top 5 Posted Job Titles
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Financial Advisors | 25,933 | 24% |
| Financial Counselors | 9,825 | 9.1% |
| Financial Consultants | 10,663 | 9.9% |
| Financial Solutions Advisors | 4,655 | 4.3% |
| Private Client Advisors | 6,611 | 6.1% |
According to job postings that were published between September 2022 and August 2023, the top job sought by employers was financial advisors, with 9,799 unique job postings. Financial counselors were second, with 2,278 postings, followed by financial consultants, financial solutions advisors and private client advisors.
Expand the section below to see unique job postings for all occupations related to sap financial consultants.
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Financial Advisors | 25,933 | 24% |
| Financial Counselors | 9,825 | 9.1% |
| Financial Consultants | 10,663 | 9.9% |
| Financial Solutions Advisors | 4,655 | 4.3% |
| Private Client Advisors | 6,611 | 6.1% |
| Client Advisors | 4,104 | 3.8% |
| Financial Aid Counselors | 3,652 | 3.4% |
| Investment Consultants | 5,055 | 4.7% |
| Wealth Advisors | 3,931 | 3.6% |
| Financial Planners | 5,036 | 4.7% |
| Wealth Management Advisors | 3,498 | 3.2% |
| Patient Financial Counselors | 3,193 | 3% |
| Patient Experience Advisors | 2,863 | 2.6% |
| Financial Aid Advisors | 2,670 | 2.5% |
| Wealth Management Associates | 3,743 | 3.5% |
| Financial Aid Specialists | 2,533 | 2.3% |
| Financial Advisors Associate | 3,305 | 3.1% |
| Financial Investment Advisors | 2,115 | 2% |
| Personal Financial Counselors | 2,367 | 2.2% |
| SAP Financial Consultants | 2,341 | 2.2% |
Additional Links
Ready to dig deeper into career information for sap financial consultants? Visit our other pages focused on salary and education for sap financial consultants.
How much do sap financial consultants make?
SAP Financial Consultants: How do you become one?
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