If you are looking for a finance-related job, move to San Francisco.
Accounting Principals, an accounting and finance staffing provider, says the Bay Area state tops its list of best cities to find a job in finance today. The ranking is based on internal data from its branches around the country, taking into account the volume of job openings in the past quarter.
San Francisco ranked first for a variety of reasons, including the city's proximity to Silicon Valley, its large venture capitalist community and the fact that it has one of the highest concentrations of Fortune 500 companies in the US. "In particular, the growth of the technology sector in Northern California has caused a hiring ripple effect in the region, allowing other sectors - such as financial services - to benefit from the growth," Accounting Principals adds.
Among the jobs most in-demand for full-time employment in the area are finance managers, assistant controllers, controllers, and accounting managers.
Denver came in second place in large part due to the region's many booming oil and gas companies and improving manufacturing sector. Accounting Principals says a variety of financial services positions are available in the region. However, it stresses there's a strong need for certified talent in the area, including professionals with CPAs, CTPs and MBAs.
"The war for talent for these professionals is heating up and the most in-demand candidates will be those with experience and skill sets in the areas of tax, cost accounting, treasury, and renewable energy finance," it adds.
Accounting Principals says the number of finance-related positions in the US in general started to gain momentum in March and April after month-long declines and volatility.
Rounding out the list of top seven cities to find a finance-related job are Paramus, N.J. ; Chicago; Portland, Ore.; Nashville, Tenn., and Miami.
"Many of the top candidates in these cities are now seeing multiple offers from multiple employers," said Janette Marx, senior vice president, Accounting Principals. "This presents a stark difference from the employment landscape just a year ago. Given that finance and accounting positions are not directly revenue-generating positions like sales, an uptick in demand for these professionals indicates that businesses are starting to grow again and they have increased confidence in the economy."