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Become A Manager-Finance Systems

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Working As A Manager-Finance Systems

  • Interacting With Computers
  • Getting Information
  • Establishing and Maintaining Interpersonal Relationships
  • Thinking Creatively
  • Updating and Using Relevant Knowledge
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $118,000

    Average Salary

What Does A Manager-Finance Systems Do

Computer and information systems managers, often called information technology (IT) managers or IT project managers, plan, coordinate, and direct computer-related activities in an organization. They help determine the information technology goals of an organization and are responsible for implementing computer systems to meet those goals.

Duties

Computer and information systems managers typically do the following:

  • Analyze their organization’s computer needs and recommend possible upgrades for top executives to consider
  • Plan and direct the installation and maintenance of computer hardware and software
  • Ensure the security of an organization’s network and electronic documents
  • Assess the costs and benefits of new projects and justify funding on projects to top executives
  • Learn about new technology and look for ways to upgrade their organization’s computer systems
  • Determine short- and long-term personnel needs for their department
  • Plan and direct the work of other IT professionals, including computer systems analysts, software developers, information security analysts, and computer support specialists
  • Negotiate with vendors to get the highest level of service for their organization’s technology

Few managers carry out all of these duties. There are various types of computer and information systems managers, and the specific duties of each are determined by the size and structure of the firm. Smaller firms may not employ every type of manager.

The following are examples of types of computer and information systems managers:

Chief information officers (CIOs) are responsible for the overall technology strategy of their organizations. They help determine the technology or information goals of an organization and then oversee implementation of technology to meet those goals.

CIOs may focus on a specific area, such as electronic data processing or information systems, but CIOs tend to focus more on long-term or big picture issues. At small organizations a CIO has more direct control over the IT department, and at larger organizations other managers under the CIO may handle the day-to-day activities of the IT department.

CIOs who do not have technical expertise and who focus solely on a company’s business aspects are included in a separate profile on top executives.

Chief technology officers (CTOs) evaluate new technology and determine how it can help their organization. When both CIOs and CTOs are present, the CTO usually has more technical expertise.

The CTO is responsible for designing and recommending the appropriate technology solutions to support the policies and directives issued by the CIO. CTOs also work with different departments to implement the organization’s technology plans.

The CTO usually reports directly to the CIO and may be responsible for overseeing the development of new technologies or other research and development activities. When a company does not have a CIO, the CTO determines the overall technology strategy for the firm and presents it to top executives.

IT directors, including management information systems (MIS) directors, are in charge of their organizations’ information technology (IT) departments, and they directly supervise other employees. IT directors help to determine the business requirements for IT systems, and they implement the policies that have been chosen by top executives. IT directors often have a direct role in hiring members of the IT department. It is their job to ensure the availability of data and network services by coordinating IT activities. IT directors also oversee the financial aspects of their department, such as budgeting.  

IT security managers oversee their organizations’ network and data security. They work with top executives to plan security policies and promote a culture of information security throughout the organization. They develop programs to keep employees aware of security threats. These managers must keep up to date on IT security measures. They also supervise investigations if there is a security violation.

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How To Become A Manager-Finance Systems

Typically, a bachelor’s degree in computer or information science, plus related work experience, is required. Many computer and information systems managers also have a graduate degree.

Education

Computer and information systems managers normally must have a bachelor’s degree in a computer- or information science–related field. Such a degree usually takes 4 years to complete and includes courses in computer programming, software development, and mathematics. Management information systems (MIS) programs usually include business classes as well as computer-related ones.

Many organizations require their computer and information systems managers to have a graduate degree as well. A Master of Business Administration (MBA) is common and takes 2 years beyond the undergraduate level to complete. Many people pursuing an MBA take classes while working, an option that can increase the time required to complete that degree.

Work Experience in a Related Occupation

Most jobs for computer and information systems managers require several years of experience in a related information technology (IT) job. Lower level management positions may require only a few years of experience. Directors are more likely to need 5 to 10 years of related work experience. A chief technology officer (CTO), who oversees the technology plan for a large organization, may need more than 15 years of experience in the IT field before being considered for a job.

The number of years of experience required varies with the organization. Generally, smaller or newer companies do not require as much experience as larger or more established ones.

Computer systems are used throughout the economy, and IT employees may gain experience in a variety of industries. However, an applicant’s work experience should be in the same industry they are applying to work in. For example, an IT security manager should have previously worked in information security. A hospital IT director should have experience in the healthcare field.

Advancement

Most computer and information systems managers start out as lower level managers and advance to higher positions within the IT department. IT directors or project managers can advance to become CTOs. A CTO or other manager who is especially business minded can advance to become a chief information officer (CIO), the person in charge of all IT-related decisions in an organization. CIOs can advance to become top executives in an organization.

Important Qualities

Analytical skills. IT managers must be able to analyze problems and consider and select the best ways to solve them.

Business skills. IT managers must develop and implement strategic plans to reach the goals of their organizations.

Communication skills. IT managers must be able to explain their work to top executives and give clear instructions to their subordinates.

Decisionmaking skills. Some IT managers must make important decisions about how to allocate resources in order to reach their organizations’ goals.

Leadership skills. IT managers must be able to lead and motivate IT teams or departments so that workers are efficient and effective.

Organizational skills. Some IT managers must coordinate the work of several different IT departments to make the organization run efficiently.

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Manager-Finance Systems Career Paths

Manager-Finance Systems
Finance Director
Senior Director Of Finance
14 Yearsyrs
Project Manager Assistant Vice President
Controller, Vice President
11 Yearsyrs
Project Manager Senior Project Manager
Contractor-Senior Project Manager
14 Yearsyrs
Project Manager Business Manager
Senior Business Manager
10 Yearsyrs
Senior Project Manager Information Systems Director
Vice President Information Systems
9 Yearsyrs
Controller Information Technology Manager
Director, Applications
12 Yearsyrs
Senior Project Manager Director Program Management
Vice President-Program Management
14 Yearsyrs
Information Technology Project Manager Information Technology Director
Vice President Of Application Development
11 Yearsyrs
Information Technology Manager Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Information Technology Project Manager Director Program Management
Program Management Office Director
13 Yearsyrs
Information Technology Project Manager Service Delivery Manager
Global Service Manager
9 Yearsyrs
Senior Manager Director Of Project Management
Director Of Implementation
11 Yearsyrs
Consultant/Project Manager Implementation Manager
Senior Implementation Manager
9 Yearsyrs
Consultant/Project Manager Manager Applications Development
Director Of Business Systems
13 Yearsyrs
Business Manager Business Operations Manager
Manager Of Business Services
8 Yearsyrs
Chief Finance Officer Founder And Chief Executive Officer
Director, Managing Consultant
12 Yearsyrs
Application Manager Manager Applications Development
Director Systems Development
10 Yearsyrs
Business Manager Business To Business Sales Manager
Director Of Business Solutions
13 Yearsyrs
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Help others decide if this is a good career for them

Average Length of Employment
Systems Director 4.2 years
Finance Director 4.0 years
Finance Controller 3.8 years
Reporting Manager 3.2 years
Finance Leader 3.1 years
Top Careers Before Manager-Finance Systems
Consultant 5.1%
Accountant 4.6%
Manager 4.4%
Controller 4.1%
Top Careers After Manager-Finance Systems
Controller 8.1%
Consultant 7.8%
Manager 4.6%
Director 3.7%

Do you work as a Manager-Finance Systems?

Average Yearly Salary
$118,000
View Detailed Salary Report
$88,000
Min 10%
$118,000
Median 50%
$118,000
Median 50%
$118,000
Median 50%
$118,000
Median 50%
$118,000
Median 50%
$118,000
Median 50%
$118,000
Median 50%
$159,000
Max 90%
Best Paying Company
Google
Highest Paying City
San Francisco, CA
Highest Paying State
Hawaii
Avg Experience Level
4.2 years
How much does a Manager-Finance Systems make at top companies?
The national average salary for a Manager-Finance Systems in the United States is $118,935 per year or $57 per hour. Those in the bottom 10 percent make under $88,000 a year, and the top 10 percent make over $160,000.

Real Manager-Finance Systems Salaries

Job Title Company Location Start Date Salary
Senior Manager of Finance Systems (SAP) Adobe Systems Incorporated San Jose, CA May 15, 2015 $183,872
Senior Manager of Finance Systems (SAP) Adobe Systems Incorporated San Francisco, CA Oct 30, 2014 $180,000
Senior Manager, IT Financial Systems Biomarin Pharmaceutical, Inc. Novato, CA Jan 02, 2016 $180,000
Manager, Systems Development, Finance Epson America, Inc. Long Beach, CA Sep 14, 2016 $175,000
Manager, Information Systems (IS) Financial Systems Westlake Chemical Corporation Houston, TX May 01, 2015 $171,115
Manager, Finance Systems Westfield, LLC CA Jul 01, 2013 $168,000 -
$178,000
SR Manager, Finance & HR Systems Beachbody, LLC Santa Monica, CA Sep 25, 2016 $160,000
Manager, IT Finance Systems Biomarin Pharmaceutical, Inc. Novato, CA Dec 10, 2015 $150,000
Financial Systems Manager Trading MacHines, LLC Stamford, CT May 11, 2009 $150,000
Financial Systems Manager Commonhealth Parsippany-Troy Hills, NJ Jan 11, 2008 $149,638
Applications Manager, Discrete Process Owner, Vice President, Finance System Administration* The Bank of New York Mellon Pittsburgh, PA Mar 08, 2016 $147,320
Oracle Financial Systems Manager FX Direct Dealer LLC New York, NY Jul 18, 2013 $145,000
Financial Systems Manager .02) Ingram Micro, Inc. Irvine, CA May 23, 2016 $140,000
Senior Manager, Financial Systems National Medical Care, Inc., A Fresenius Medical Care N.A. Company Waltham, MA Oct 05, 2015 $140,000
Manager, Global Financial Systems Pr Newswire Association LLC Jersey City, NJ Nov 01, 2014 $124,618
Manager, Financial Information Systems Microstrategy, Inc. Vienna, VA Apr 16, 2016 $123,718
Product Manager-Finance Systems Salesforce.com Inc. San Francisco, CA Apr 29, 2016 $121,222
Manager, Financial Systems Leapfrog Enterprises, Inc. Emeryville, CA Dec 10, 2012 $120,000 -
$160,000
Financial Systems Manager Costco Wholesale Corporation Issaquah, WA Jan 10, 2016 $117,500
Financial Systems Manager Deloitte Touche Tohmatsu Services Inc. Dallas, TX Dec 21, 2016 $117,000 -
$141,855
Manager, Financial Systems Support Carnival Corporation Miami, FL Sep 18, 2015 $116,000
Financial Systems Manager Glaxosmithkline LLC Cambridge, MA Sep 04, 2015 $104,208 -
$148,300
Financial Systems Manager Glaxosmithkline LLC Cambridge, MA Apr 09, 2015 $104,208 -
$148,300
Manager, Financial Systems Scholastic Inc. Secaucus, NJ Feb 04, 2011 $104,038
Financial Systems Manager Lighthouse Technology Services, Inc. Buffalo, NY Sep 08, 2014 $104,000
Manager, Financial Systems Audit Bert Smith & Co. Washington, DC Sep 15, 2016 $103,000
Manager, Financial Systems Pr Newswire Association LLC Jersey City, NJ Aug 22, 2012 $102,012
Manager, Financial Systems Moody's Investors Service, Inc. New York, NY Jun 21, 2010 $102,000

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Top Skills for A Manager-Finance Systems

  1. Financial Systems
  2. Financial Statements
  3. Business Requirements
You can check out examples of real life uses of top skills on resumes here:
  • Team Management: Supervised two paraprofessionals (Payroll Specialist and Financial Systems Specialist).
  • Reviewed and prepare monthly Financial Statements for Reimbursable projects undertaken by the Authority for the Jurisdictions.
  • Standardized business requirements for all corporate interfaces process to simplify and streamline the interface load process.
  • Provided project management for systems design and development, ensuring on-time and on-schedule delivery.
  • Identified and led company-wide initiatives to develop and implement Princess Cruises Enterprise Planning and Business Intelligence strategies.

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Top 10 Best States for Managers-Finance Systems

  1. California
  2. New Jersey
  3. Delaware
  4. Connecticut
  5. District of Columbia
  6. Colorado
  7. Virginia
  8. New York
  9. North Carolina
  10. Pennsylvania
  • (3,819 jobs)
  • (761 jobs)
  • (83 jobs)
  • (405 jobs)
  • (269 jobs)
  • (558 jobs)
  • (842 jobs)
  • (1,393 jobs)
  • (777 jobs)
  • (761 jobs)

Manager-Finance Systems Demographics

Gender

Male

61.3%

Female

30.5%

Unknown

8.2%
Ethnicity

White

60.0%

Hispanic or Latino

14.3%

Black or African American

12.3%

Asian

9.6%

Unknown

3.7%
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Foreign Languages Spoken

Spanish

23.8%

French

9.5%

Russian

9.5%

Chinese

7.1%

Mandarin

7.1%

Greek

7.1%

German

4.8%

Cantonese

4.8%

Polish

4.8%

Italian

4.8%

Arabic

4.8%

Portuguese

2.4%

Urdu

2.4%

Dari

2.4%

Korean

2.4%

Croatian

2.4%
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Manager-Finance Systems Education

Schools

DePaul University

12.9%

University of Phoenix

9.7%

Northeastern University

6.9%

New York University

5.5%

Pace University - New York

5.1%

Texas A&M University

5.1%

Georgia State University

4.6%

Drexel University

4.6%

Fairleigh Dickinson University

4.1%

Saint John's University - New York

4.1%

Pennsylvania State University

4.1%

San Diego State University

4.1%

Strayer University

4.1%

University of South Florida

3.7%

George Washington University

3.7%

George Mason University

3.7%

Florida International University

3.7%

Sacred Heart University

3.7%

University of Maryland - College Park

3.2%

Rochester Institute of Technology

3.2%
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Majors

Business

28.7%

Accounting

26.7%

Finance

15.1%

Computer Science

5.6%

Computer Information Systems

3.8%

Management

3.7%

Management Information Systems

3.2%

Information Systems

2.0%

Project Management

1.6%

Information Technology

1.3%

Marketing

1.2%

International Business

1.0%

Education

0.9%

Mathematics

0.9%

Computer Programming

0.8%

Economics

0.8%

Political Science

0.7%

Health Care Administration

0.7%

Environmental Control Technologies/Technicians

0.7%

Management Science

0.6%
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Degrees

Bachelors

43.7%

Masters

41.5%

Other

8.1%

Certificate

3.3%

Associate

2.1%

Doctorate

1.1%

Diploma

0.2%
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