Finance Manager Job Description

The Finance Manager job description is for the professional that manages all financial activities of an organization. They ensure that the company’s financial goals are met and that financial resources are utilized effectively. They analyze and interpret financial data, prepare financial reports and budgets, and develop financial strategies. The Finance Manager also manages the accounting and finance teams, ensuring that they are performing their duties accurately and efficiently. They work closely with other departments to ensure that financial decisions align with the company’s overall goals and objectives. The Finance Manager must have a strong understanding of financial principles and regulations, as well as excellent communication and leadership skills.

Alternate job titles:

Financial Controller, Director of Finance, Chief Financial Officer (CFO), Senior Financial Analyst, Budget Manager, Accounting Manager, Financial Operations Manager, Treasury Manager, Investment Manager, Financial Planning and Analysis Manager

Common Job Duties - Finance Manager

Statements of Responsibility

– Create and manage budgeting processes
– Develop and implement financial policies and procedures
– Ensure financial compliance with regulatory bodies and laws
– Monitor and analyze financial performance
– Prepare financial reports and statements
– Conduct financial forecasting and planning
– Manage cash flow and funding
– Prepare tax returns and filings
– Manage accounts payable and receivable
– Oversee payroll and benefits administration
– Negotiate and manage contracts with vendors and suppliers
– Develop and maintain relationships with key stakeholders
– Manage financial audits and internal controls
– Analyze financial data to identify trends and opportunities
– Develop and implement cost reduction strategies
– Manage investment portfolios
– Review and approve financial transactions
– Manage financial risk and exposure
– Develop and implement financial performance metrics
– Collaborate with other departments to achieve financial goals
– Participate in strategic planning and decision-making
– Ensure accuracy and timeliness of financial information
– Provide financial guidance and support to employees and management
– Develop and implement financial systems and processes
– Manage and train finance staff
– Conduct financial due diligence for mergers and acquisitions
– Develop and maintain relationships with banks and other financial institutions
– Monitor and manage debt levels and financing agreements
– Advise on investment opportunities and strategies
– Stay up-to-date with financial trends, regulations, and best practices.

Common Job Skills - Finance Manager Job Description

Statements of Expertise

– Strong analytical skills
– Attention to detail
– Ability to work with numbers and financial data
– Knowledge of accounting principles and practices
– Proficiency in financial software and tools
– High level of organization and time management skills
– Strong communication and interpersonal skills
– Strategic planning and decision-making abilities
– Ability to work independently and as part of a team
– Leadership and management skills
– Understanding of financial regulations and compliance
– Ability to analyze and interpret financial statements and reports
– Budgeting and forecasting abilities
– Negotiation and problem-solving skills
– Project management and multitasking abilities

Finance Manager Job Requirements

Experience Required

1. Bachelor’s degree in finance, accounting, economics, or related field
2. 5+ years of experience in finance or accounting
3. Proven experience in financial planning and analysis, budgeting, and forecasting
4. Strong knowledge of financial reporting and accounting principles
5. Excellent analytical and problem-solving skills
6. Ability to communicate financial information to non-financial stakeholders
7. Knowledge of financial regulations and compliance standards
8. Proficiency in Microsoft Excel and financial software
9. Experience managing a team of financial professionals
10. Strong attention to detail and organizational skills.

Finance Manager Jobs - Who Employs?

Description of Company

A company that has a finance department or requires financial management employs a Finance Manager. This includes companies of all sizes, from small businesses to large corporations, as well as non-profit organizations and government agencies. Industries that commonly employ Finance Managers include banking and finance, healthcare, technology, manufacturing, and consulting.