Finance managers are accounting professionals who are responsible for the financial wellbeing of a company or organization. Finance managers may advise upper management or corporate officers to determine how and where the company’s assets are acquired and allocated. Finance managers create detailed financial reports and statements using a wide array of skills.
What are finance manager skills?
Finance manager skills are those that help individuals in this role oversee all aspects of a company’s financial transactions, including budget analysis and calculation of return on investment (ROI) as well as purchasing and staffing decisions. Finance managers provide accurate data analysis and strategic propositions to create profit and reduce loss. A finance manager’s skills are built from a wide array of roles and responsibilities.
Finance managers:
Understand and evaluate cash flow scenarios
Analyze financial data
Forecast future earnings and expenses
Understand and apply contract provisions
Oversee vendor or government contracts
Implement contract compliance policy
Secure financial management systems
Apply advanced mathematics
Use and understand statistical modeling software and spreadsheets
