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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 Tax Manager
Top Careers After Tax Manager
Hispanic or Latino8.8%
Black or African American1.0%
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University of Phoenix9.2%
Golden Gate University-San Francisco7.3%
University of Houston7.0%
University of Denver6.0%
Georgia State University5.7%
University of Southern California4.4%
University of North Texas4.1%
Pace University - New York3.8%
University of Texas at Austin3.8%
Fairleigh Dickinson University3.5%
University of Notre Dame3.2%
Michigan State University2.9%
University of Mississippi2.9%
University of Florida2.9%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|International Tax Manager||DSM Services USA, Inc.||Parsippany-Troy Hills, NJ||Oct 01, 2015||$212,179|
|International Tax Manager||DSM Services USA Inc.||Parsippany-Troy Hills, NJ||Feb 17, 2016||$206,500|
|Tax Manager||Pricewaterhousecoopers||Philadelphia, PA||Aug 26, 2016||$189,155|
|TAS Manager- Transaction Tax-M&A||Ernst & Young U.S. LLP||San Jose, CA||Jan 07, 2015||$180,000|
|Tax Manager||Ernst & Young U.S. LLP||New York, NY||Dec 20, 2016||$174,603|
|Tax Manager||Ernst & Young U.S. LLP||New York, NY||May 07, 2016||$174,000|
|Tax Manager||Ernst & Young U.S. LLP||McLean, VA||Jun 30, 2016||$166,900|
|Tax Manager (TAX Management Consulting)||Deloitte Tax LLP||San Jose, CA||Jun 28, 2016||$166,379 -
|Tax Manager||Pricewaterhousecoopers LLP||Philadelphia, PA||May 10, 2015||$165,500|
|Tax Manager||Ernst & Young U.S. LLP||McLean, VA||Jan 25, 2015||$162,000|
|Tax Manager (TAX Management Consulting)||Deloitte Tax LLP||Dallas, TX||Jul 31, 2015||$161,782 -
|Tax Manager||Ernst & Young U.S. LLP||Wilmington, DE||Oct 21, 2016||$160,829|
|Tax Manager||Deloitte Tax LLP||San Jose, CA||Nov 12, 2016||$160,000|
|Manager, Tax Equity Fund Administrator||NRG Energy, Inc.||San Francisco, CA||Aug 03, 2015||$159,000|
|Tax Manager||Pricewaterhousecoopers LLP||Chicago, IL||May 10, 2016||$115,981 -
|Tax Manager||Pricewaterhousecoopers LLP||Philadelphia, PA||Feb 15, 2016||$115,565 -
|Global Compliance Reporting-Tax Manager (Mult. POS.)||Ernst & Young U.S. LLP||San Diego, CA||Nov 14, 2016||$115,500|
|Manager, Tax||KPMG LLP||McLean, VA||Feb 04, 2015||$115,378|
|Tax Manager||Cohnreznick LLP||Los Angeles, CA||Dec 22, 2015||$115,086|
|Tax Manager||Pricewaterhousecoopers LLP||Farmington Hills, MI||Oct 19, 2015||$115,000|
|Tax Manager||Ernst & Young U.S. LLP||New York, NY||Mar 25, 2015||$115,000|
|Tax Manager||Ernst & Young U.S. LLP||Philadelphia, PA||Mar 05, 2015||$115,000|
|Tax Manager||Pricewaterhousecoopers||San Jose, CA||Mar 02, 2015||$101,566|
|Tax Manager||Pricewaterhousecoopers LLP||San Jose, CA||Feb 15, 2016||$101,500|
|Indirect Tax Manager-State and Local Tax||Ernst & Young U.S. LLP||San Francisco, CA||May 27, 2015||$101,450 -
|Indirect Tax Manager (ITM)-State and Local Tax-Employment||Ernst & Young U.S. LLP||San Francisco, CA||Jul 06, 2015||$101,425|
|Tax Manager||Ernst & Young U.S. LLP||New York, NY||Sep 29, 2015||$101,230|
|Tax Manager||Ernst & Young U.S. LLP||Chicago, IL||Sep 29, 2015||$101,230|
|Tax Manager||Ernst & Young U.S. LLP||San Jose, CA||Jan 10, 2016||$101,200|
|Tax Manager||Ernst & Young U.S. LLP||Seattle, WA||Jan 10, 2016||$101,200|
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