Category Archives: Manager Job Description

Finance Manager Job Description

Finance Manager Job Description and Profile

The function of the Finance managers can hugely vary from one company to other but then they hold important position in the job sector. The general nature of this job is that of financial management of the company they work for and this would include every type of financial undertakings and dealings. In larger industries, these professionals carry out strategic analysis while in the smaller organizations these financial managers collect and prepare accounts. Financial managers are also known as the business analysts or financial analysts. This job has become a highly lucrative one in modern times.

Finance Manager Duties and Responsibilities

  • Offering and interpreting the financial gathered information.
  • Monitoring and understanding money flows and forecasting future trends.
  • Analyzing modifications and advising in accordance to it, formulating planned and long-standing business plans.
  • Researching and working on the factors which influence business performance.
  • Analyzing contestants and the market trends, developing fiscal management instruments which minimize monetary risk.
  • Conducting evaluations and examining cost-reduction areas, managing financial accounting of a company and monitoring systems.
  • Liaising with the auditors for ensuring the annual monitoring, producing correct financial reports within the stipulated deadline.
  • Supervising staff and ensuring that they are functioning in the desired manner.
  • Staying responsible for offering monetary advice and supporting clients in the job of taking good business decisions.
  • Making budget-planning, future planning of long-term nature and ensuring that all financial plans are following the statutory regulations.

Finance Manager Education, Training and Qualifications

A Master’s degree in Finance or some business related field is highly essential as a Finance Manager. These professionals generally rise to the managerial post after attaining a good deal of knowledge in the field of Finance. A highly lucrative field, here professionals who have a diploma or degree in Business Administration along with the Finance degree are more preferred.

Finance Manager Degrees, Courses & Certification

Different types of courses on Finance management are available in the market which helps the professionals to earn proficiency in this field.

Finance Manager Skills and Specifications

  • Good deal of knowledge about financial principles, facts and situation
  • Good communicator and should possess multitasking abilities
  • Ability to manage things efficiently
  • Attention to details with excellent leadership qualities
  • Ability to motivate a team
  • Responsible and highly organized
  • Ability to work incessantly without caring for stress

Finance Manager Salary/Wage

The salary of a Finance Manager is about $ 80,000 annually. Apart from the basic salary, these professionals enjoy a number of benefits which makes their job a highly lucrative one. Increase in expertise and experience help the professionals to rise to a higher position.

Manager Job Profile and Description

A manager is responsible for managing the day to day operations of the organization in which he is employed. He may have to manage a team of staff or a certain department and ensure that they are working with complete efficiency. The manager has to ensure that the company policies and procedures are being followed.

He has to also ensure that the staff members are maintaining discipline and professional attitude at workplace; if any staff is not doing he may has to take strict action against them.  Some managers may also have to conduct interviews in order to recruit new employees. This is applicable especially in case of HR managers. HR managers also have to recruit candidates as per the requirement of the organization.

Some managers may also have to provide training to new joiners. They have to update the candidates about the company policies and the operation process. The job profile of a manger differs from one industry to another and also from one department to another. The job profile of an IT manager will be different from that of an operations manager. Some managers may also have manage technical aspects.

Manager Duties and Responsibilities

There are numerous duties and responsibilities in the job position of a manager. The duties and responsibilities depend on the industry in which the individual is working and also the department. The most common duties and responsibilities are as follows:

  • To overlook the daily operations of an organization
  • To ensure that the staff are following the company policies and procedures
  • Training new joiners about company policies
  • Attending to the issues of the employees and trying to sort it out
  • Implementing rules and procedures
  • Ensuring and efficiency and integrity are maintained

Manager Skills and Specifications

A manager needs to have various skills and specifications in order to excel in their job position. The various skills and specifications of a manager are as follows:

  • Excellent managerial skills
  • Ability to sort issues
  • Should be motivating
  • Must possess excellent leadership qualities
  • Good interpersonal and communication skills.

Manager Education and Qualification

The education and qualification of a manager varies from one industry to another. It is always preferable to have a management degree. An individual with an MBA degree has more edge over other candidates.

Manager Salary

There is no fixed salary as such of a manager. The salary differs from one industry to another depending upon the job profile.