How do businesses steer clear of major risks, and stay on the up side of profit? You’d have to ask a financial manager! They keep a constant eye on operational costs, and evaluate the financial strengths and weaknesses of a company’s interests. Most financial managers work at a high level, advising top executives in an organization on broad decisions for its future. Being well-versed in legal requirements and current market trends gives them insight into how their organization can expand and acquire new assets, and where they could cut costs. Minimizing loss and damages is a major focus in this role, so they must understand what factors pose a risk to their organization’s success, and track them carefully. These managers review a lot of data and many reports, and use that information to propose new strategies to leaders. At the same time, like other managers, they hire and supervise employees. Financial managers usually have a bachelor’s degree in finance, business administration, or economics. Increasingly, employers choose candidates with a master’s degree or higher. Overseeing the finances of an organization is a challenging job, but financial managers make it all add up.
What they do:
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
On the job, you would:
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
Recruit staff members.
accounting and economics
Math and Science
arithmetic, algebra, geometry, calculus, or statistics
Arts and Humanities
Safety and Government
law and government
keeping track of how well people and/or groups are doing in order to make improvements
listening to others, not interrupting, and asking good questions
noticing a problem and figuring out the best way to solve it
changing what is done based on other people's actions
understanding people's reactions
communicate by speaking
listen and understand what people say
Ideas and Logic
notice when problems happen
use rules to solve problems
choose the right type of math to solve a problem
add, subtract, multiply, or divide
remember words, numbers, pictures, or steps
People interested in this work like activities that include leading, making decisions, and business.
They do well at jobs that need:
Attention to Detail
You might use software like this on the job:
Enterprise resource planning ERP software
Microsoft Dynamics GP
Data base user interface and query software
Microsoft SQL Server
Get started on your career:
New job opportunities are very likely in the future.