learn about finance & accounting jobs.
-
what is finance and accounting?
Finance and accounting are two closely related fields that involve managing and analysing money, budgets and financial data to support business decisions. These fields play a key role in both local companies and multinational organisations in Hungary. Accounting focuses on recording transactions, preparing reports, and ensuring compliance with tax and regulatory standards. Finance, by contrast, deals with planning, investments and managing company resources for growth. Common finance and accounting roles include accountants, financial analysts, controllers and auditors.
-
what is the difference between finance and accounting?
The main difference between finance and accounting lies in their focus and purpose. Accounting involves recording, organising, and reporting a company's financial transactions to ensure compliance with laws and regulations. It provides a picture of past and current financial performance through balance sheets, income statements and audits. Finance, on the other hand, is more forward-looking since it focuses on planning, investments, and managing funds to support business growth and profitability.
-
how much does an accountant earn in Hungary?
The earnings of an accountant in Hungary depend on the employer, location and scope of the role. In an entry-level accounting position with limited responsibilities, you will typically earn less than an accountant with several years of experience. Senior accountants often lead teams and manage complex reporting or compliance tasks, which command higher pay. Company size also affects salary levels, with larger employers in cities like Budapest generally offering stronger compensation packages than smaller firms in regional areas.
-
what does a financial accounting clerk do?
As a financial accounting clerk, you are responsible for handling the day-to-day financial transactions that keep a company's accounts accurate and up to date. Your typical duties include processing invoices, reconciling bank statements, recording payments, and assisting with month-end and year-end reporting. Financial accounting clerks also support auditors and accountants by preparing documentation and verifying financial data.
-
how much does a financial assistant make?
In Hungary, the role of a financial assistant is an entry-level position that generally attracts a lower salary, especially if you are just starting your finance career. After gaining a few years of experience as a financial assistant, you can take on specialised tasks and demonstrate strong accounting or finance software skills that lead to higher pay. Other factors influencing your earnings include company size and location, with major cities typically offering more competitive compensation.
-
how much does an economic administrator earn?
In Hungary, the salary of an economic administrator often varies depending on experience, city and company size. Entry-level economic administrators usually receive lower pay, while those with several years of relevant experience can expect substantially higher earnings. Working as an economic administrator for multinational firms or shared service centres, particularly in Budapest or other large cities, often leads to more competitive compensation and additional employee benefits.
-
what does a financier do?
A financier plays a key role in managing, investing, and growing money to support businesses, governments, or individuals. In Hungary, professionals in finance jobs typically work for banks, investment firms, or corporate finance departments. Their main responsibilities include analysing financial data, managing portfolios, assessing risks, and developing strategies to improve profitability and ensure sustainable growth.