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What is a business manager-finance manager and how to become one
The responsibility of a business manager is to oversee and lead the company's employees and operations. You are in charge of overseeing and designing day-to-day operations and business strategies to meet the company goals. You are also in charge of identifying and assessing opportunities and growth in perspective and the current market. After successfully identifying opportunities, you need to ensure that the company has enough resources such as material, equipment, and personnel to effectively carry out projects.
In whatever you do, you must ensure that the company activities abide by the legal guidelines and policies, especially to avoid issues for the company. As much as you are responsible for developing business strategies, you are also in charge of developing a comprehensive company budget and preparing periodic budget analyses. You are in charge of analyzing company performance and providing ways to become the best by establishing their goals and objectives.
As a business manager, you must demonstrate business insight to capture opportunities for the company. Basic skills requirements include excellent communication skills, workable capacity, outstanding leadership skills, and knowledge of the latest business policies and guidelines. You will earn an average salary of $86,000 per annum in this position. The education criteria of a business manager is a bachelor's degree in Business Administration or other related fields.
What general advice would you give to a business manager-finance manager?
Miguel Vicens
Associate Dean of School of Business, Associate Professor of Finance, Western New Mexico University
Avg. Salary $106,036
Avg. Salary $59,228
Growth rate 17%
Growth rate 0.3%
American Indian and Alaska Native 0.34%
Asian 9.96%
Black or African American 7.41%
Hispanic or Latino 14.13%
Unknown 4.10%
White 64.06%
Genderfemale 41.18%
male 58.82%
Age - 46American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 46Stress level is very high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is fair
6.4 - fair
Business manager-finance manager career paths
Key steps to become a business manager-finance manager
Explore business manager-finance manager education requirements
Start to develop specific business manager-finance manager skills
Skills Percentages Financial Analysis 12.22% Project Management 5.25% Financial Management 3.82% Oversight 3.77% Shared Services 3.43% Complete relevant business manager-finance manager training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New business manager-finance managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a business manager-finance manager based on U.S. Bureau of Labor Statistics data and data from real business manager-finance manager resumes.Research business manager-finance manager duties and responsibilities
- Project manage implementation of ERP forecasting and budgeting system.
- Manage accounting operations, accounting period closing, account reporting, and reconciliations.
- Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
- Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
Prepare your business manager-finance manager resume
When your background is strong enough, you can start writing your business manager-finance manager resume.
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Apply for business manager-finance manager jobs
Now it's time to start searching for a business manager-finance manager job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first business manager-finance manager job
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Average business manager-finance manager salary
The average business manager-finance manager salary in the United States is $106,036 per year or $51 per hour. Business manager-finance manager salaries range between $73,000 and $152,000 per year.
What am I worth?
How do business manager-finance managers rate their job?
Business manager-finance manager reviews
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I am able to stay organized and able to help other do there job correctly and ask questions when needed
People lacking an not doing what they are told to do and when they don't show up on time
Updated January 8, 2025
