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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 Financial Operations||Caxton Associates LP||Princeton, NJ||Nov 01, 2010||$300,000|
|Director of Operations Engineering, Finance||Netflix, Inc.||Los Gatos, CA||May 09, 2010||$230,000 -
|Director of Operations/Finance||Heritage Provider Network, Inc.||Los Angeles, CA||Nov 16, 2015||$225,000|
|SR. Director, OPS Finance FA&R||Yahoo! Inc.||Sunnyvale, CA||Apr 19, 2013||$202,842 -
|Director of Operations Engineering-Finance||Netflix, Inc.||Los Gatos, CA||May 09, 2013||$202,842 -
|US Director Finance & Operations||Nearmap Us, Inc.||South Jordan, UT||Oct 21, 2016||$200,000|
|Director Operations Finance||Firstservice Residential Management, Inc.||Dania Beach, FL||Oct 01, 2012||$187,830 -
|Director of Finance and Operations||Quartzy, Inc.||Palo Alto, CA||Dec 12, 2016||$185,000|
|Director, Operations Finance||Sunpower Corporation||San Jose, CA||Sep 09, 2014||$184,600|
|Director, Operations Finance||Sunpower Corporation||San Jose, CA||Jun 29, 2015||$184,600|
|Managing Director of Operations & Finance||Capital Integration Systems LLC||New York, NY||Jul 19, 2010||$180,000|
|Director Operations Finance||Firstservice Residential Management, Inc.||Dania Beach, FL||Oct 01, 2012||$166,960 -
|Director of Finance/Operations||Ubertal Inc.||San Mateo, CA||Jan 11, 2016||$144,248|
|Director of Finance/Operations||Ubertal Inc.||San Mateo, CA||Feb 05, 2016||$138,549|
|Director, Operations Finance||L'Oreal USA, Inc.||Redmond, WA||Feb 18, 2013||$135,000|
|Director of Hotel Financial Operations||Tanota Corporation||May 01, 2010||$120,000|
|Director of Hotel Financial Operations||Tanota Corporation||Aug 01, 2011||$120,000|
|Director of Hotel Financial Operations||Tanota Corporation||May 01, 2011||$120,000|
|Director, Finance & Operations||Larrikin Entertainment LLC||Los Angeles, CA||Feb 01, 2013||$120,000|
|Director, Finance/Ops||World5, Inc.||San Diego, CA||Sep 14, 2014||$98,114|
|Director of SEA Finance and Operations and Treasury||Clinton Health Access Initiative, Inc.||Boston, MA||Jul 01, 2015||$95,000|
|Financial Operations Liaison||Pertech Industries, Inc.||WY||Mar 01, 2013||$90,184|
|Director of Hotel Financial Operations||Tanota Corporation||Aug 01, 2013||$89,300|
|Director of Finance and Operations||Howard University||Washington, DC||Aug 07, 2016||$87,550|
|Director of Finance & Operations||Frontline Community Services, Inc.||Takoma Park, MD||Dec 09, 2013||$86,507|
|Director of Operations and Finance||Recruit Tracker Inc.||San Francisco, CA||Nov 01, 2016||$85,000|
|Director, Finance & Operations||Center for Clean Air Policy||Washington, DC||May 20, 2011||$85,000 -
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