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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 Finance Officer
Top Careers After Finance Officer
Hispanic or Latino11.0%
Black or African American1.2%
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University of Phoenix16.1%
University of Alabama6.3%
University of South Florida4.7%
Southern New Hampshire University4.3%
New York University3.9%
George Washington University3.9%
University of Houston3.9%
Johns Hopkins University3.9%
University of Maryland - University College3.5%
University of Alabama at Birmingham3.5%
Florida State University3.5%
University of Washington3.5%
Northern Virginia Community College3.5%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|Cheif Financial Officer||CTI Towers, Inc.||Franklin Town, MA||Jun 24, 2014||$205,000 -
|Senior Financial Officer||TIG Holding Ny LLC.||New York, NY||Nov 14, 2011||$162,000|
|Senior Financial Officer||TIG Holding Ny LLC||New York, NY||Nov 21, 2011||$162,000|
|Senior Financial Officer||Tisa Ny, Inc.||New York, NY||Nov 12, 2012||$156,525|
|Financial Officer||Shippa LLC||Islandia, NY||Jan 08, 2016||$150,000|
|Aircraft Finance Officer||1St. Source Bank||South Bend, IN||Jun 20, 2012||$145,250|
|Loan Syndication Financing Officer||SG Americas Securities, LLC||New York, NY||Jul 30, 2012||$130,000|
|Financial Officer||Surfacexchange LLC||Greenwich, CT||Jan 04, 2011||$130,000|
|Senior Finance Officer||Fourwinds Capital Management (Us) Inc.||Boston, MA||Sep 21, 2011||$126,000|
|Treasurers, Controllers, and Financial Officers||Van Eck Associates Corporation||New York, NY||Jun 15, 2011||$125,882|
|Global Program Finance Officer||Novartis Pharmaceuticals Corporation||East Hanover, NJ||Sep 24, 2015||$123,000|
|Global Program Finance Officer, Oncology Business Unit||Novartis Pharmaceuticals Corporation||East Hanover, NJ||Aug 03, 2016||$123,000|
|Financial Officer/Controller||Premier Home Health Care, Inc.||Chicago, IL||Apr 01, 2011||$72,002|
|Financial Officer||BARU Group LLC||Miami, FL||Apr 30, 2013||$72,000|
|Senior Finance Officer||Counterpart International||Arlington, VA||Sep 05, 2016||$71,365|
|Cheif Financial Officer of Redevelopment||Wallachia LLC||Northborough, MA||Jan 12, 2015||$70,500|
|Finance Officer, Haiti||World Vision, Inc.||Washington, DC||Oct 01, 2012||$70,000 -
|Senior Finance Officer||Counterpart International, Inc.||Arlington, VA||Sep 05, 2015||$69,680|
|Officer/Financial Analysis||Bank of China New York Branch||New York, NY||Jan 01, 2015||$69,372|
|Financial Officer||New Super China Buffet, Inc.||Chippewa Falls, WI||Oct 01, 2011||$67,744|
|Accountant/Financial Officer||Software Engineering Services Inc.||Bellevue, NE||Sep 18, 2011||$58,500|
|Accountant/Financial Officer||Software Engineering Services||Bellevue, NE||Sep 18, 2011||$58,500|
|Budget/Finance Officer||Bari Studio, Inc.||New York, NY||Feb 01, 2012||$58,436|
|Junior Trade Finance Officer||Brickell Bank||Miami, FL||Dec 09, 2016||$56,500|
|Field Finance Officer||International Research and Exchanges Board||Washington, DC||Feb 05, 2016||$55,474|
|Accounts and Finance Officer||Lexicon Hospitality LLC||New York, NY||Sep 23, 2016||$55,370|
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