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Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.Education
A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.Licenses, Certifications, and Registrations
Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.Work Experience in a Related Occupation
Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst.
In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.Important Qualities
Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.
Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.
Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.
Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.
Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.
Average Length of Employment
Top Careers Before Accounting Manager
Top Careers After Accounting Manager
Hispanic or Latino10.0%
Black or African American0.9%
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University of Phoenix30.8%
Southern New Hampshire University6.0%
University of Houston4.8%
Pace University - New York3.3%
Georgia State University3.3%
Florida Atlantic University3.2%
Arizona State University3.2%
George Mason University3.2%
San Diego State University3.2%
Fairleigh Dickinson University3.1%
Northern Illinois University3.0%
University of Utah3.0%
University of Texas at Arlington2.9%
University of Maryland - University College2.9%
Kennesaw State University2.9%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|Tax Accounting Manager||Bio-Rad Laboratories, Inc.||Hercules, CA||Jul 19, 2016||$221,697|
|Accounting Manager||Credit Card Services||Torrance, CA||Jul 15, 2015||$178,214|
|Accounting Manager||United Tax LLC||Newark, CA||Apr 22, 2015||$174,158|
|Controller and Accounting Manager||Tramontina USA, Inc.||Sugar Land, TX||Oct 01, 2015||$166,920|
|Accounting Manager||Liberty Consulting & Management Services LLC||Wilmette, IL||Feb 10, 2015||$158,163|
|Technical Accounting Manager||Google Inc.||Sunnyvale, CA||May 02, 2016||$153,800|
|Tax Accounting Manager||Bio-Rad Laboratories, Inc.||Hercules, CA||Sep 07, 2015||$149,380 -
|Accounting Manager||Freund-Vector Corporation||Marion, IA||Feb 03, 2016||$145,850|
|Accounting Manager||Google Inc.||Mountain View, CA||Jun 01, 2016||$142,800|
|Accounting Manager||Google, Inc.||Mountain View, CA||Aug 06, 2015||$142,800|
|Accounting Manager||Commonwealth Bank of Australia||New York, NY||Mar 15, 2016||$140,000|
|Accounting Manager||Roman Catholic Archbishop of San Francisco||San Francisco, CA||Sep 05, 2016||$138,549|
|Accounting Manager||Lendinghome Corporation||San Francisco, CA||Apr 07, 2015||$130,000|
|Technical Accounting Manager||Core-Mark International||South San Francisco, CA||Oct 19, 2015||$130,000|
|Accounting Manager, Associate||Fig LLC||New York, NY||Jul 22, 2015||$96,741 -
|Associate, Accounting Manager||Fig LLC||New York, NY||Feb 09, 2016||$96,574 -
|Accounting & Trading Manager||Trek, Inc.||Novi, MI||Feb 18, 2015||$96,262|
|Accounting & Trading Manager||Trek, Inc.||Novi, MI||Feb 25, 2016||$96,262|
|Manager, Accounting||Freeport-McMoran Inc.||Phoenix, AZ||Oct 01, 2015||$95,000|
|Manager, Accounting||Fluor Enterprises, Inc.||Irvine, CA||Sep 11, 2015||$95,000|
|Financial Reporting and Technical Accounting Manager||NTT America, Inc.||Greenwood Village, CO||Nov 21, 2016||$95,000 -
|Accounting Manager||Magswitch Technology Inc.||Lafayette, CO||Sep 12, 2015||$72,500|
|International Accounting Manager||Mona Vie, Inc.||South Jordan, UT||Sep 03, 2015||$72,000|
|International Accounting Manager||Market Q, Inc.||Draper, UT||Jan 02, 2016||$72,000|
|Accounting Manager||Actuant Corporation||Menomonee Falls, WI||Oct 08, 2016||$71,219|
|Accounting Manager||Baywood Hotels, Inc.||Greenbelt, MD||Jun 16, 2015||$71,000|
|Accounting Manager||Tupaz Homes, LLC||San Jose, CA||Sep 14, 2016||$70,104|
|Accounting Manager||Dk & DP Enterprises, Inc.||Annandale, VA||Nov 19, 2015||$70,096|
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