Finance Managers

What the job involves

• Determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other Managers
• Providing financial information and interpreting the implications for business performance and funding needs
• Coordinating the development, implementation and monitoring of accounting systems
• Directing the preparation of financial reports summarising and forecasting the organisation's financial position such as income statements, balance sheets and analyses of future earnings and income
• Assessing capital finance proposals and the financial status of operational projects
• Advising on investment strategies, sources of funds and the distribution of earnings
• Delivering long range profit forecasts, budgeting and financial reporting
• Ensuring compliance with financial legislation and standards

Key values of workers in Finance Managers

• Achievement

  Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

• Independence

  Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

• Support

  Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

• Recognition

  Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

• Relationships

  Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

Top skills required for workers in Finance Managers

• Critical Thinking

  Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

• Complex Problem Solving

  Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

• Judgment and Decision Making

  Considering the relative costs and benefits of potential actions to choose the most appropriate one.

• Speaking

  Talking to others to convey information effectively.

• Management of Financial Resources

  Determining how money will be spent to get the work done, and accounting for these expenditures.