Finance Manager

What is a Finance Manager?

A Finance Manager distributes the financial resources of a company, is responsible for the budget planning, and supports the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

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 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?

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 career. 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

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Auditing
Compliance
Customer Service
ERP - Enterprise Resource Planning
MYOB
Payroll
QuickBooks
Reporting
Revenue Accounting
Sales
Salary for Finance Manager
127000 - 160500
25th Percentile
127000
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
143000
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
160500
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Financial Controller 160500 173000 197500 CFO / Finance Director (SME) 177500 200000 238000 CFO / Finance Director (Large/MN) 253000 306000 375500

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