What does a Finance Manager do?

Finance managers analyze every day financial activities and provide advice and guidance to upper management on future financial plans. They are the root of all major business decisions and their role is crucial to the success of any organization. Finance managers may be employed in many different environments, including both public and private sector organizations. They also operate in a variety of industries, such as banking, finance, healthcare, and insurance.

Typical duties include reviewing financial reports, monitoring accounts, and preparing financial forecasts. Finance managers also investigate ways to improve profitability and analyze markets for business opportunities, such as expansion, mergers, and acquisitions. The position of finance manager usually requires an advanced degree in accounting, business, economics, or finance, as well as several years of experience in a finance role.

  • Monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions)
  • Prepare monthly and quarterly management reporting
  • Participate in strategic data analysis, research, and modeling for senior company leadership
  • Support project analysis, validation of plans, and ad-hoc requests
  • Manage the company's financial accounting, monitoring, and reporting systems
  • Ensure compliance with accounting policies and regulatory requirements
  • Bachelor's degree in Finance or Accounting; CPA a plus
  • 5-8 years of experience in accounting and/or financial analysis
  • Ability to synthesize large quantities of complex data into actionable information
  • Ability to work and effectively communicate with senior-level business partners
  • Excellent business judgment, analytical, and decision-making skills
  • Knowledge of financial reporting and data mining tools such as SQL, Access, etc.
  • Strong demonstrated use of Excel, Word, and PowerPoint

Average Years of Experience

0 - 1
5%
2 - 4
42%
5 - 7
41%
8+
12%

Finance Manager Seniority Levels

L2
Finance Manager
£52,421/yr
L4
Lead Finance Manager
No Salary Reports
Financial Analyst
8% made the transition
Financial Consultant
6% made the transition
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Finance Manager Salaries

Average Base Pay

£52,421 /yr
Same as national average
Not including cash compensation
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£35K
Median: £52K
£79K
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Glassdoor Estimated Salary

Finance Manager jobs

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