The finance industry offers a plethora of careers paths with general or specific roles available. In this edition we look at the role of Financial Managers. 

Financial managers plan, administer and review the financial and accounting activities within organisations. Whilst most are employed within the insurance and finance industries, the nature of the position means employment is available across several industries. Several titles can be ascribed to a financial manager job. The most common specifications are “Treasurer”, “Controller”, “Cash Manager”, and “Credit Manager”. 

Tasks involved in being a Financial Manager include:

• Planning and supervision of the financial operations of the organisation and formulation of budgetary and accounting policies
• Providing financial information, and interpreting the implications for business performance and funding needs
• Co-ordination of the development, implementation and monitoring of accounting systems
• Directing the collection of financial and accounting information and the preparation of budgets, forecasts and other reports
• Provision of advice on investment strategies, sources of funds and distribution of earnings 

To become a Financial Manager usually requires a bachelor degree or higher qualification, or at least five years relevant experience. The average income of those in the position is approximately $70-80,000.

Source: Australian JobSearch Careers