Profession financial manager
Finance managers plan, direct and coordinate the financial operations of an enterprise or organisation, in consultation with senior managers and with managers of other departments or sections.
Would you like to know what kind of career and professions suit you best? Take our free Holland code career test and find out.
- Enterprising / Conventional
Related professions highest level management (>500 employees)
- Advertising or public relations manager
- Company director, > 500 employees
- HR manager
- IT manager
- Logistics manager
- Manager, all other services
- Manufacturing plant manager
- Policy or planning manager
- R&D manager
- Sales or marketing manager
- Financial statements
The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.
- Financial management
The field of finance that concerns the practical process analysis and tools for designating financial resources. It encompasses the structure of businesses, the investment sources, and the value increase of corporations due to managerial decision-making.
- Financial analysis
The process of assessing the financial possibilities, means, and status of an organisation or individual by analysing financial statements and reports in order to make well informed business or financial decisions.
- Analyse market financial trends
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
- Analyse financial performance of a company
Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase profit.
- Strive for company growth
Develop strategies and plans aiming at achieving a sustained company growth, be the company self-owned or somebody else's. Strive with actions to increase revenues and positive cash flows.
- Follow company standards
Lead and manage according to the organisation's code of conduct.
- Plan health and safety procedures
Set up procedures for maintaining and improving health and safety in the workplace.
- Enforce financial policies
Read, understand, and enforce the abidance of the financial policies of the company in regards with all the fiscal and accounting proceedings of the organisation.
- Advise on financial matters
Consult, advise, and propose solutions with regards to financial management such as acquiring new assets, incurring in investments, and tax efficiency methods.
- Create a financial plan
Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.
- Liaise with managers
Liaise with managers of other departments ensuring effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.