Careers > Financial Managers

Financial Managers

$139.79K Median Salary 64.2K Job Openings (Annual Projection) 17.3% Job Growth

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About This Career

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Reported Job Titles

Accounting Supervisor, Banking Center Manager (BCM), Branch Manager, Business Banking Manager, Credit Administration Manager, Credit Manager, Financial Center Manager, Financial Planning Manager, Financial Reporting Manager, Financial Systems Manager

Career data shown for:

Skills You'll Need

Click on skills to find related courses.

Abilities

Oral Comprehension

Oral Expression

Written Comprehension

Deductive Reasoning

Speech Clarity

Inductive Reasoning

Problem Sensitivity

Written Expression

Information Ordering

Near Vision

Speech Recognition

Mathematical Reasoning

Number Facility

Fluency of Ideas

Flexibility of Closure

Category Flexibility

Speed of Closure

Knowledge

Customer and Personal Service

Administration and Management

Economics and Accounting

Administrative

Mathematics

Law and Government

Personnel and Human Resources

Sales and Marketing

English Language

Education and Training

Computers and Electronics

Skills

Active Listening

Critical Thinking

Reading Comprehension

Speaking

Monitoring

Writing

Complex Problem Solving

Coordination

Judgment and Decision Making

Management of Personnel Resources

Service Orientation

Social Perceptiveness

Time Management

Active Learning

Mathematics

Persuasion

Management of Financial Resources

Negotiation

Learning Strategies

Systems Analysis

Systems Evaluation

Technology Skills

Enterprise resource planning ERP software

Presentation software

Data base user interface and query software

Business intelligence and data analysis software

Accounting software

Financial analysis software

Electronic mail software

Human resources software

Spreadsheet software

Development environment software

Customer relationship management CRM software

Analytical or scientific software

Project management software

Medical software

Enterprise system management software

Document management software

Office suite software

Cloud-based data access and sharing software

Operating system software

Word processing software

Data base management system software

Sales and marketing software

Data base reporting software

Object or component oriented development software

Compliance software

Process mapping and design software

Information retrieval or search software

Internet browser software

Tools

Personal digital assistant PDAs or organizers

Desktop calculator

Scanners

Notebook computers

Desktop computers

Personal computers

Tablet computers

Abilities

Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.
Oral Expression: The ability to communicate information and ideas in speaking so others will understand.
Written Comprehension: The ability to read and understand information and ideas presented in writing.
Deductive Reasoning: The ability to apply general rules to specific problems to produce answers that make sense.
Speech Clarity: The ability to speak clearly so others can understand you.
Inductive Reasoning: The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Problem Sensitivity: The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
Written Expression: The ability to communicate information and ideas in writing so others will understand.
Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
Near Vision: The ability to see details at close range (within a few feet of the observer).
Speech Recognition: The ability to identify and understand the speech of another person.
Mathematical Reasoning: The ability to choose the right mathematical methods or formulas to solve a problem.
Number Facility: The ability to add, subtract, multiply, or divide quickly and correctly.
Fluency of Ideas: The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
Flexibility of Closure: The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
Category Flexibility: The ability to generate or use different sets of rules for combining or grouping things in different ways.
Speed of Closure: The ability to quickly make sense of, combine, and organize information into meaningful patterns.

Knowledge

Customer and Personal Service: Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Administration and Management: Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Economics and Accounting: Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Administrative: Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
Mathematics: Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Law and Government: Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
Personnel and Human Resources: Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
Sales and Marketing: Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
English Language: Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Education and Training: Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
Computers and Electronics: Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
Speaking: Talking to others to convey information effectively.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Coordination: Adjusting actions in relation to others' actions.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Management of Personnel Resources: Motivating, developing, and directing people as they work, identifying the best people for the job.
Service Orientation: Actively looking for ways to help people.
Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
Time Management: Managing one's own time and the time of others.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Mathematics: Using mathematics to solve problems.
Persuasion: Persuading others to change their minds or behavior.
Management of Financial Resources: Determining how money will be spent to get the work done, and accounting for these expenditures.
Negotiation: Bringing others together and trying to reconcile differences.
Learning Strategies: Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
Systems Analysis: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

Technology Skills

Enterprise resource planning ERP software: Oracle JD Edwards EnterpriseOne; Oracle PeopleSoft; Oracle PeopleSoft Financials; SAP software
Presentation software: Microsoft PowerPoint
Data base user interface and query software: Blackboard software; Database software; Microsoft Access; Yardi software
Business intelligence and data analysis software: BrightEdge; Conductor Searchlight; IBM Digital Analytics; Searchmetrics Suite
Accounting software: Billing software; Bookkeeping software; Intuit QuickBooks; Sage 50 Accounting
Financial analysis software: Delphi Technology
Electronic mail software: IBM Notes; Microsoft Exchange; Microsoft Outlook
Human resources software: ADP Workforce Now
Spreadsheet software: Microsoft Excel
Development environment software: Adobe Systems Adobe Creative Suite
Customer relationship management CRM software: Blackbaud The Raiser's Edge; Microsoft Dynamics; Salesforce.com Salesforce CRM
Analytical or scientific software: Statistical analysis software; TapRooT
Project management software: Mavenlink; Microsoft Project
Medical software: Henry Schein Dentrix; Medical condition coding software; Medical procedure coding software; MEDITECH software
Enterprise system management software: IBM Power Systems software
Document management software: Adobe Systems Adobe Acrobat; Filing system software; Records management software; Transcription system software
Office suite software: Microsoft Office software
Cloud-based data access and sharing software: Dropbox; Google Drive; Microsoft SharePoint
Operating system software: Microsoft Windows
Word processing software: 3M Post-it App; Evernote; Google Docs; Microsoft Word
Data base management system software: Apache Solr; Elasticsearch; MySQL
Sales and marketing software: Google Ads; HubSpot software; Marketo Marketing Automation
Data base reporting software: SAP BusinessObjects Crystal Reports
Object or component oriented development software: Oracle Java
Compliance software: ESS Compliance Suite; Mannus Compliance: EHS; Primatech AUDITWorks
Process mapping and design software: Microsoft Visio
Information retrieval or search software: LexisNexis
Internet browser software: Web browser software

Tools

Personal digital assistant PDAs or organizers: Personal digital assistants PDA
Desktop calculator: 10-key calculators
Scanners: Data input scanners
Notebook computers: Laptop computers
Desktop computers:
Personal computers:
Tablet computers:

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