Financial Manager

Are you a reliable and analytical financial expert with experience in the financial sector? Do you have excellent communication and presentation skills and are able to provide advice and guidance to upper management on future financial plans? We are looking for a Financial Manager to analyze day-to-day financial activities and help make sound business decisions that meet the company's objectives.

Responsibilities

• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
• Advise on investment activities and provide strategies that the company should take.
• Maintain the financial health of the organization.
• Analyze costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
• Develop trends and projections for the firm’s finances.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Manage the preparation of the company’s budget.
• Liaise with auditors to ensure appropriate monitoring of company finances is maintained.
• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Requirements

• Proven experience as a Financial Manager
• Experience in the financial sector with previous possible roles such as financial analyst
• Extensive understanding of financial trends both within the company and general market patterns
• Proficient user of finance software
• Strong interpersonal, communication and presentation skills
• Able to manage, guide and lead employees to ensure appropriate financial processes are being used
• A solid understanding of financial statistics and accounting principles
• Working knowledge of all statutory legislation and regulations
• BS/MA degree in Finance, Accounting or Economics
• Professional qualification such as CFA/CPA or similar will be considered a plus

What are the duties of a financial manager?

A financial manager is responsible for providing financial reports and interpreting financial information to managerial staff while recommending further courses of action. They also advise on investment activities and provide strategies that the company should take, and maintain the financial health of the organization.

What are the 3 basic functions of a Finance Manager?

The three basic functions of a finance manager are planning, controlling, and decision-making. They plan and forecast financial needs, analyze and control financial performance, and make strategic decisions that help the organization achieve its objectives.

What skills are required for a Finance Manager?

A finance manager should have strong analytical and problem-solving skills, a solid understanding of financial statistics and accounting principles, proficiency in finance software, and the ability to manage, guide and lead employees. They should also have excellent interpersonal, communication and presentation skills, and extensive knowledge of financial trends and regulations.

Is a finance manager higher than an accountant?

A finance manager is generally considered a higher position than an accountant. While both roles deal with financial management, a finance manager is responsible for strategic planning, decision-making, and advising upper management on financial matters, while an accountant is responsible for recording, classifying, and summarizing financial transactions.