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Financial Manager Job Description: Top Duties and Qualifications

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A Financial Manager, or Finance Manager, builds financial strategies and reports to help companies improve their financial health and meet their long-term goals. Their main duties include preparing an organizations’ activity reports, creating financial forecasts and brainstorming ways to maintain or reduce company costs.

Financial Manager duties and responsibilities

Financial Managers have a wide range of duties and responsibilities that are generally executed at an executive level. Their duties can be industry-specific and are often changing to suit the financial and technological climate. Their duties and responsibilities can include:

  • Preparing financial reports and producing activity statements and monitor accounts
  • Providing advice on company financial and investment decisions
  • Analyzing company data and market trends to make financial predictions and maximize profits
  • Managing company budgets
  • Producing long term business plans based on company data
  • Implementing reporting processes to minimize financial risk
  • Ensuring all investment and financial activities are compliant with industry laws

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Financial Manager Job Description Examples

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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What does a Financial Manager do?

A Financial Manager work closely with a business’ management and executive team creating financial plans to help the organization stay financially stable and make wise investments. They analyze current trends in the market and potential financial opportunities to determine if certain investments or financial decisions are in the best interest of the company.

Financial Managers are also responsible for researching their company’s financial legal requirements and ensuring the organization remains compliant. They constantly monitor the company’s financial reports to determine different ways to maintain or reduce company costs.

Financial Manager skills and qualifications

A successful candidate for a Financial Manager role will likely hold several prerequisite skills and qualifications required to carry out their duties. As this is generally an executive-level role, most candidates will hold bachelor’s degrees in a related field along with several years of experience in the industry:

  • Demonstrated strategic planning experience at a management level
  • Experience in managing budgets and forecasting
  • Experience in providing data analysis and producing reports
  • High-level experience with financial and/or accounting software
  • Industry-specific qualifications as required
  • Strong communication and presentation skills
  • In some cases, Financial Managers will hold a Chartered Financial Analyst (CFA) qualification.

Financial Manager salary expectations

A Financial Manager makes an average of $72,243 per year. Salary may depend on level of experience, education and the geographical location.

Financial Manager salary expectations

2025-10-0126000.00118238.96278000.00YEARLY
  • Common salary: 118238.96 YEARLY
  • Typical salaries range from 26000.00 - 278000.00 YEARLY
  • Find more information on Indeed Salaries

*Indeed data – 2025-10-01

Financial Manager education and training requirements

Financial Managers typically hold a bachelor’s degree in a relevant field such as finance, economics or accounting. In some cases, a master’s degree in finance, economics or business administration can be advantageous. Similarly, some Financial Managers also hold a Chartered Financial Analyst (CFA) qualification although it is often not required. Further training and industry certifications may be required depending on the industry.

Financial Manager experience requirements

Financial Managers typically have a minimum of five years’ experience within a relevant field such as accounting, financial services, banking or compliance. Financial Managers often work within banks, investment and insurance companies. However, they can also find employment within other industries such as healthcare and education. On the job experience with data analysis, reporting, and developing financial strategies will position candidates in an ideal space to move into a Financial Manager role. Example jobs that can lead into Financial Manager roles can include Finance Manager, Finance Analyst and Business Analyst.

Job description samples for similar positions

If the Financial Manager job description doesn’t suit your needs, see job descriptions for related positions: 

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Frequently asked questions about Financial Managers

Three individuals are sitting at a table with a laptop, a disposable coffee cup, notebooks, and a phone visible. Two are facing each other, while the third’s back is to the camera. The setting appears to be a bright room with large windows.

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