Financial Manager Job Description

What is the job description of a Financial Manager? What are the duties and responsibilities of a Financial Manager? What does a Financial Manager do?

Job description of a Financial Manager

Financial managers work within the public and private sector where they are responsible for aiding business planning and decision-making tasks by providing appropriate financial advice and undertaking related accounts administration for the long-term financial benefit of a business or organization.

A wide range of organisations employ financial managers including: financial institutions, supermarkets, insurance companies, manufacturers, charities, utilities, local government, health authorities, industrial organisations, retailers, universities/colleges, IT companies and engineering firms.

This Financial Manager job description example includes the list of most important Financial Manager duties and responsibilities as shown below. It can be modified to fit the specific Financial Manager profile you're trying to fill as a recruiter or job seeker.

Financial Manager Duties and Responsibilities

Financial Manager job description should contain a variety of functions and roles including:

  • Liaising with managerial staff and other colleagues.
  • Undertaking research into pricing, competitors and factors affecting performance
  • Controlling income, cash flow and expenditure
  • Developing and managing financial systems/models
  • Producing long-term business plans
  • Undertaking strategic analysis and assisting with strategic planning
  • Managing budgets
  • Carrying out business modelling and risk assessments
  • Supervising staff
  • Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements;

Financial Manager Requirements / Skills / Qualifications

Financial Manager job description should include these common skills and qualifications:

  • Bachelor's degree in finance or accounting.
  • FP&A, investment banking, business administration, or management consulting experience.
  • Strong Excel skills.
  • Excellent ability to problem solve along with solid analytical skills, understanding of business process and systems optimization.
  • Ability to review data and make relevant management decisions.
  • Strong financial system and business administration understanding.
  • Comfortable interacting with all levels of management in multiple areas.
  • Strong knowledge of financial reporting.

As a hiring manager, recruiting an ideal Financial Manager starts with crafting a good job description. Use this Financial Manager job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Financial Manager may also reference it in preparation for the interview.

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