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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.
|Job Title||Company||Location||Start Date||Salary|
|Director of Corporate Risk||Wison Floating Systems, Inc.||Houston, TX||Oct 01, 2011||$285,000|
|Director, Corporate Banking (Consumer and Retail)||Merrill Lynch||New York, NY||Jan 02, 2016||$240,000 -
|Director of Corporate Planning||Apache Corporation||Houston, TX||May 05, 2014||$225,000|
|Director, Global Banking Corporate Finance, Financial Institutions Group||Deutsche Bank Securities, Inc.||New York, NY||Sep 03, 2016||$225,000|
|Director, Origination/Corporate Coverage||Citizens Financial Group, Inc.||Houston, TX||Aug 10, 2015||$225,000|
|Director of Corporate Planning||Apache Corporation||Houston, TX||Jul 12, 2015||$225,000|
|Director, Sector Corporate Finance, Energy America||RBS Securities Inc.||Houston, TX||Aug 03, 2012||$200,000|
|Director, Sector Corporate Finance, Energy America||RBS Securities Inc.||Houston, TX||Oct 01, 2012||$200,000|
|Senior Corporate Strategy Director||Cisco Systems, Inc.||San Jose, CA||Sep 15, 2016||$197,475|
|Director, Corporate & Social Responsibility||Aecom Technology Corporation||New York, NY||Oct 14, 2014||$192,858|
|Director, Origination/Corporate Coverage||Citizens Financial Group, Inc.||Houston, TX||Sep 01, 2016||$183,477 -
|Director, Head of Global Corporate Real Estate||Palo Alto Networks, Inc.||Santa Clara, CA||Jul 30, 2015||$180,000|
|Director, Corporate Banking||Industrial and Commercial Bank of China Limited||New York, NY||May 18, 2015||$175,000|
|Director, Origination/Corporate Coverage||Citizens Financial Group, Inc.||Houston, TX||Sep 08, 2014||$175,000 -
|Director of Corporate Solutions Group||Unicredit Bank AG||New York, NY||Aug 24, 2016||$147,805 -
|Director-Corporate Finance-Merger Integration||FTI, LLC||San Francisco, CA||Jun 22, 2015||$147,410 -
|Audit Director, Corporate Governance||News America Incorporated||New York, NY||Jul 13, 2011||$146,100|
|Director of Corporate Solutions Group||Unicredit Bank AG||New York, NY||Sep 23, 2015||$145,101 -
|Director Corporate Ratings (Ratings Analytical)||Standard & Poor's Financial Services LLC||New York, NY||Sep 02, 2013||$145,000 -
|Director, Corporate Finance||Hitachi Solutions America, Ltd.||Irvine, CA||Jan 09, 2016||$141,650|
|Audit Director, Corporate Governance||News America Incorporated||New York, NY||Jul 02, 2010||$139,800|
|Director, Corporate Pricing Oversight||Prudential Insurance Company of America||Newark, NJ||Aug 26, 2016||$122,000 -
|Director, Corporate Finance||MacQuarie Aircraft Leasing Services (Us) Inc.||San Francisco, CA||Jul 14, 2012||$121,638 -
|Director of Corporate Finance||5Barz International, Inc.||Miami, FL||Oct 04, 2012||$120,000|
|Director of Corporate Finance (Principal Financial Analyst)||PLS, Inc.||Houston, TX||May 20, 2015||$120,000|
|Director of Corporate Finance||5Barz International, Inc.||Mission Viejo, CA||Sep 24, 2011||$120,000|
|Director of Corporate Finance||5Barz International, Inc.||Miami, FL||Sep 14, 2011||$120,000|
|Director of Corporate Finance||5Barz International, Inc.||Miami, FL||Jan 17, 2011||$120,000|
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