Best Microsoft Excel High-Paying Jobs with Excel Skills in 2024

Microsoft Excel finds its use in schools, colleges, organisations, and sole-purpose businesses, to name a few Jobs with Excel Skills. People with basic, intermediate, and advanced Excel skills are more likely to secure a well-paid job. These jobs can improve the chances of salary hikes for even individuals without a college degree.

According to Acuity Training office workers spent 38% of their time using Excel.  If you are already familiar with the formulas of Excel, it’s time to search for Excel Jobs. Don’t know where to begin, we have got you covered. Excel skills are important in the present and in demand. Here we discuss the jobs with excel skills and a better career opportunity with it. Read more!  

Table of Contents

1) High-paying Jobs that require Microsoft Excel Skills

2) Administrative assistant

3) Accountants

4) Project manager

5) Retail  Manager

6) Business  Analyst

7) Financial  Analyst

8) Cost  Estimator

9) Teachers,  Teaching  Assistants, and  Educators

10) Data Journalist

11) Information Clerk

12) Basic Excel Skills required to boost your resume

13) Conclusion
 

High-Paying jobs that require Microsoft Excel Skills

Some of the popular MS Excel Jobs are as follows:

Administrative Assistant 

The role of an  Administrative  Assistant is to handle official tasks. So,  Administrative  Assistants should know MS Excel to a great extent. They use Excel to prepare spreadsheets, organise various documents, schedule meetings, and so on. Besides, other tasks like the generation of reports, creation of client databases, and management of computer records also involve the use of Excel.  
 

Accountants  

If you want to become an Accountant, you should possess a bachelor's degree. Apart from this, you should possess at least basic knowledge of Excel. A role of an  Accountant is to audit, use formulas, and format. In this case, an  Accountant must derive the sum of different records for which the use of Excel becomes necessary.

Similarly, submitting tax returns and preparing financial statements and cash flows requires them to become familiar with Excel. So, the use of Excel interview questions becomes necessary when you want to keep numbers and records organised in a spreadsheet. Once you’ve organised tons of financial records, you’ll be able to use Excel’s formula function to calculate everything immediately.  
 

Project Manager 

A Project Manager should keep an eye on everything to ensure the project is delivered in real-time. To ensure this, a  Project  Manager  must allocate resources, collaborate with third-party vendors, create documents, and manage employees.

These tasks require  Project  Managers to navigate through different sorts of data frequently. While  Project  Managers use other tools to handle complex projects, they use Excel to carry out basic operations. For example,  Project  Managers use MS Excel to streamline the tasks of smaller businesses, filter out the lists of vendors, prepare Gantt charts, manage financial records, and so on.  
 

Retail Manager 

A Retail Manager should have a basic knowledge of Excel to maintain and handle the daily activities of a retail store. The major role of a Retail Manager is to create store policies, supervise employees, and calculate opening and closing stock. Besides, they work diligently to maximise the profit of stores.

Here, a Retail Manager will use Excel to keep a record of staff data. For example, they should enter staff information such as sick days, vacation days, and paydays. Retail Managers can use the Excel spreadsheet to enter the standard salary of staff members to calculate their average monthly salary.

Similarly, Excel spreadsheets are used in stores to record the attendance of employees. Information like when employees enter and leave the store is recorded in the Excel sheet. Excel helps managers to record everyday sales. Next, this record allows them to predict future sales trends. 
 

Business Analyst 

Business Analysts must carry out their jobs with Excel skills as they handle vast amounts of data. A single error, like the omission of a fact or an error entry, will lead to huge losses. Usually, a role of a Business Analyst is to evaluate an organisation’s procedures and systems, assess its requirements, and identify any hidden issues.

Next, they must devise solutions to maximise the organisation’s profit and improve its goodwill. So, a business analyst uses Excel to hold data in a central location by using an organised format that makes it easily accessible. As a result,  Business  Analysts will be able to browse through tons of data, evaluate this data, and implement it. The Analyst will no longer have to worry about losing valuable data or committing errors.
 

Financial Analyst 

As the term suggests, a Financial Analyst should be familiar with a lot of financial jargon. Financial Analysts use Excel spreadsheets to analyse current business trends and investments. Consequently, it helps Financial Analysts to create reports and come up with relevant financial decisions and recommendations.

To succeed in their jobs, Financial Analysts should gain an in-depth understanding of MS Excel. Besides, an Analyst will consolidate, analyse, and numerical research data on the spreadsheet as it helps them in real-time decision-making. A spreadsheet also allows them to summarise an organisation's direct expenses and annual sales, spending, and revenue.
 

Cost Estimator

A Cost Estimator should be able to collaborate with Project Managers and contractors. Next, they should discuss resources required to deliver a project on time, such as labour, time, and money. If you're willing to work as a Cost Estimator, you should be able to perform calculations on an Excel spreadsheet. You'll have to keep an estimate of the resources mentioned above and discuss it with your team.

The objective is to avoid the wastage of time and resources. Besides, Cost Estimators use MS Excel to extract data from previous projects. The data is further used to decrease the likelihood of errors in the future. On top of that, you should possess a bachelor's degree and on-field construction experience to become a cost estimator. 
 

Teachers, Teaching Assistants, and Educators 

The role of an Educator goes beyond teaching the students. Educators must possess the skills required to organise classes, map out lessons, and maintain an attendance sheet. A good grasp of Excel enables teachers to record the contact details of students. Additionally, some Teachers use Excel as a part of their coursework. MS Excel also helps them to summarise the data gathered during their postgraduate or graduate research.  
 

Data Journalist   

In today's world, Data Journalists are required to support their stories with credible data and numerical values. To achieve this goal, Data Journalists need to analyse tons of data based on the information gathered.

Although Data Journalists will have to switch to complex database tools eventually, they rely on an Excel spreadsheet initially. Especially journalists who need to gain high-level coding and database skills can also use Excel. Once the data is inserted in Excel, Journalists can study and use it in their work.  
 

Information Clerk 

As the name suggests, an Information Clerk  must provide detailed information related to a product or service to consumers. Also, an Information Clerk has to gather data from multiple sources and create reports.
 

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Basic Excel Skills required to boost your resume  

If you’re looking for a new job or wondering where to kickstart your Excel journey, you’re at the right place. Let’s look at some of the basic Excel Skills you’ll need to succeed in any field.    

Record data   

Excel users should have the know-how required to extract and include data from existing documents in Excel spreadsheets. Consequently, it will enable them to devise financial budgets and strategies.    

Formulas  

If you want to use Excel to carry out your day-to-day activities of an organisation, you should be familiar with its basic formulas, such as:  

SUM: You can use the ‘SUM’ to add the list of values you have chosen. For example, you can add cell references, columns, rows, and numbers to the spreadsheet.   

AVERAGE: Excel’s ‘AVERAGE’ function is used to derive the average of numerical values you’ve inserted on the spreadsheet.   

MIN/MAX: This function enables you to identify the minimum and maximum values in the group of cells you have chosen.   

COUNT: The COUNT function allows you to count the total cells that include numbers.   

Graphs and charts   

Top companies are willing to recruit candidates with Excel skills that are required to create graphs and charts. Consequently, it helps them to explain data and findings to their co-workers.   

Organiszation of data   

Excel helps you to differentiate between relevant and meaningless data. You can use your data to know the logic behind it. The task is done by arranging data in alphabetical order, descending or ascending order, or similar techniques.   

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Conclusion

Microsoft Excel is an all-around software used by organisations worldwide. Excel helps to keep a record of transactions, get an estimate of an annual budget, and forecast future sales based on previous data. Hopefully this blog helped you understand the scope and rising demand of Jobs with Excel Skills requirement.

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