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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|
|Financial Controller||Amni International Petroleum Resources, LLC||The Woodlands, TX||Mar 29, 2016||$250,000|
|Head of Financial Control, Emea||Australia and New Zealand Banking Group Limited||New York, NY||Sep 22, 2016||$232,500|
|Vice President Finance-Controller||Fareportal Inc.||New York, NY||Jul 19, 2016||$210,000|
|Financial Controller||Westpac Banking Corporation||New York, NY||Apr 14, 2016||$192,250|
|Vice President, Finance and Controller (CFO)||Arteris, Inc.||Campbell, CA||Sep 14, 2015||$184,600 -
|Financial Controller||Eis Group, Inc.||San Francisco, CA||Sep 27, 2016||$178,100|
|Regional Financial Controller-Americas||Futuris Automotive (Us) Inc.||Newark, CA||Feb 06, 2015||$176,000|
|Vice President Finance and Controller Securitas Electronic S||Securitas Electronic Security Inc.||Uniontown, OH||May 02, 2016||$175,000|
|Vice President Finance and Controller Securitas Electronic S||Securitas Electronic Security Inc.||Uniontown, OH||Aug 02, 2016||$175,000|
|Director of Treasury and Financial Controls||Graham Packaging Company||Memphis, TN||Jan 08, 2016||$175,000|
|Financial Controller||Primary Services LP||Houston, TX||Nov 12, 2015||$173,805|
|Vice President of Finance, Controller||Money Mailer||Garden Grove, CA||Jun 21, 2016||$169,125|
|Financial Controller, U.S. Masters Residential Property Fund||Dixon Advisory USA Inc.||Jersey City, NJ||Mar 01, 2015||$160,524|
|Financial Controller||Ecolab USA||Eagan, MN||Aug 31, 2015||$112,500|
|Finance Controller||Philips Lighting North America Corporation||Rosemont, IL||Aug 23, 2016||$112,455|
|Financial Controller||AJ Property Management NYC, LLC||New York, NY||Feb 09, 2016||$112,364|
|Financial Controller||ABB Inc.||Boulder, CO||May 05, 2015||$112,258 -
|Finance Controller, Product Dvlpmt & Proj Mgmt Group*||ABB Inc.||Boulder, CO||Mar 10, 2015||$112,258 -
|Financial Controller||ABB Inc.||Boulder, CO||Sep 30, 2015||$112,258 -
|Financial Controller||Ny Tennis at Mill Pond, LLC||New York, NY||Aug 26, 2015||$111,154|
|Financial Controller||Doorkraft Products Inc.||Atlanta, GA||Nov 29, 2016||$94,515|
|Financial Controller||Doorkraft Products Inc.||Atlanta, GA||Aug 09, 2016||$94,515|
|Finance and Controlling (Fico) Configuror 2||Fossil Partners LP||Richardson, TX||Feb 03, 2015||$94,000|
|Financial Controller||665 Bush Street, Inc.||San Francisco, CA||Jul 05, 2015||$93,642|
|Financial Controller||Archimedes Banya-Sf||San Francisco, CA||Aug 06, 2015||$92,976|
|Financial Controller, Private Banking||Credit Suisse Securities (USA) LLC||New York, NY||Mar 25, 2016||$92,000|
|Controller, Financial||Sollers Inc.||Edison, NJ||Sep 15, 2016||$90,701|
|Global Credit Trading Financial Control Associate||JP Morgan Chase & Co||Newark, DE||Jan 26, 2015||$90,022|
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