Finance Manager

Finance Manager job description

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 duties and responsibilities of the job

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

Finance Manager job qualifications and requirements

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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Microsoft Excel

SAP S/4HANA

QuickBooks

Sage Accounting Software

ERP Solutions

Finance

Perform Ad Hoc Financial

Budget Processes

Accounting Functions

Reporting

Salary for Finance Manager

145000 - 180000

25th Percentile

145000

The applicant has limited or no experience in the position and is still developing their skills.

Demand: Low

50th Percentile

160000

The applicant has an average level of experience and has most of the necessary skills.

Demand: Moderate

75th Percentile

180000

The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications.

Demand: High

Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits, and KiwiSaver.

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