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What should you include in a Finance Manager job description?
As a crucial member of the finance team, a typical Finance Manager job description should include, but not be limited to:
- Collecting, interpreting, and reviewing financial information
- Predicting future financial trends
- Reporting to management and stakeholders, and providing advice on how the company and future business decisions might be impacted
- Producing financial reports related to budgets, account payables, account receivables, expenses, etc.
- Developing long-term business plans based on these reports
- Reviewing, monitoring, and managing budgets
- Developing strategies that work to minimise financial risk
- Analysing market trends and competitors
What skills and qualifications should a Finance Manager have?
As a crucial member of the finance team, a typical Finance Manager job description should include, but not be limited to:
A degree and several years’ experience in the financial field will be required to gain a Finance Manager role. A degree in the following fields will prove particularly advantageous:
- Accountancy or Finance
- Economics
- Mathematics
- Business Studies
- Management
- Postgraduate degrees in financial management would also be beneficial for candidates looking to advance their careers.
As well as formal qualifications, a Finance Manager job description should detail the following qualities:
- An analytical mind
- Negotiation skills and the ability to develop strong working relationships
- Commercial and business awareness
- Good communication skills – both written and verbal
- A keen eye for detail and desire to probe further into data
- Ability to stick to time constraints