How To Become A Manager/Finance Accounting: What It Is and Career Path

What is a manager/finance accounting and how to become one

Updated January 8, 2025

4 min read

Quoted Expert

Thomas King

A manager of finance in accounting is a person who oversees the financial operations of an organization. They are responsible for managing budgets, analyzing financial data, preparing financial reports, and creating financial forecasts. They ensure that the organization is financially sound by monitoring cash flow, managing investments, and controlling costs. Overall, a manager of finance in accounting plays a critical role in ensuring that an organization's finances are managed effectively and efficiently.

What general advice would you give to a Manager/Finance Accounting?

Thomas King

Department Chair, Director, Master of Accountancy Program, Professor, Accountancy, Case Western Reserve University

Be dependable. Reputations form quickly after people join organizations. A newly hired professional who demonstrates the ability to get things done rapidly and accurately will soon become a "go-to" person when new opportunities arise. Such exposure early in a career is invaluable.

ScoreManager/Finance AccountingUS Average

Salary

7.1

Avg. Salary $91,315

Avg. Salary $59,228

Stability Level

9.5

Growth Rate 17%

Growth Rate 0.3%

Diversity

3.3

Race

American Indian and Alaska Native 0.34%

Asian 10.11%

Black or African American 7.53%

Hispanic or Latino 14.41%

Unknown 4.10%

White 63.51%

Gender

female 45.09%

male 54.91%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress Level

9.5

Stress level is very high

7.1 - high

Complexity Level

9.3

Complexity Level is advanced

7 - challenging

Work Life Balance

4.9

Work Life balance is fair

6.4 - fair

What are the pros and cons of being a Manager/Finance Accounting?

Pros

Good salary and benefits
Opportunity for career advancement
Opportunity to develop leadership skills
Gain valuable experience in finance and accounting
Chance to implement new technologies and tools

Cons

Long hours and high workload
High stress environment
Need to keep up with changing laws and regulations
Pressure to meet deadlines and targets
Difficult decisions may need to be made

Newest jobs for Manager/Finance Accounting in Ashburn, VA

Receive alerts for the newest job postings.

Key steps to become a manager/finance accounting

Explore manager/finance accounting education requirements

Most common manager/finance accounting degrees

Bachelor's

74.4 %

Master's

18.4 %

Associate

5.0 %

Start to develop specific manager/finance accounting skills

Skills	Percentages
Customer Service	16.54%
CPA	15.19%
GAAP	5.25%
Reconciliations	4.85%
Internal Controls	3.38%

Complete relevant manager/finance accounting training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New managers/finance accounting 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 manager/finance accounting based on U.S. Bureau of Labor Statistics data and data from real manager/finance accounting resumes.

Research manager/finance accounting duties and responsibilities

Manage all month-end close including properly accounting for revenue recognition, defer revenue, accruals and performing sub ledger reconciliations.
Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
Mentor accounting team to enhance their talents including use of ERP systems and software programs.
Perform month end and year end close with prep for year-end audit with external CPA firm.

Prepare your manager/finance accounting resume

When your background is strong enough, you can start writing your manager/finance accounting resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a manager/finance accounting resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Manager/Finance Accounting Resume templates

Build a professional Manager/Finance Accounting resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Manager/Finance Accounting resume.