All About Careers
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser
No Result
View All Result
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser
No Result
View All Result
All About Careers
No Result
View All Result

Financial Manager • Job Description, Salary & Benefits

by All about Careers
25 August, 2021
in Job Profiles
0
Financial Manager • Job Description, Salary & Benefits

‘Financial management’ is quite a generic title. It incorporates a variety of responsibilities and activities, all of which may or may not be performed by one individual.

The role needs to be interpreted in the context of the size and type of a given company, industry segment or profession.

Financial managers are employed in almost all types of organisations: public, private, commercial, educational, non-profit entities, and governmental authorities and agencies.

A financial manager manages finances and budgets, collects financial data and assesses past performance, anticipates trends and developments, and plans policies accordingly.

You can find current vacancies on our Jobs page in the Banking, Finance and Accountancy sector.

Salary & benefits

Salaries tend to start in the range of £15,000 to £40,000. After more than eight years of experience, salaries rise above £50,000 and reach up to £100,000.

Annual benefits include performance-based bonuses, pension schemes, lifestyle and health benefits and financial sponsorships for obtaining professional qualifications or taking up higher studies.

Working hours

The initial few years may include 12 hour days, with working on weekends and holidays a common occurrence.

With experience, this settles down to a standard schedule of 40-45 hours per week, but the frequency of travel – domestic and overseas – may increase exponentially.

Many employers offer flexible working arrangements and short sabbaticals, taking into account business requirements and present market and economic conditions.

Entry

Graduates with 2:1 or higher honours degrees in any discipline and strong grades (C and above) at GCSE and A-levels or equivalent, are eligible for these roles.

Skills in communication, people management, analytical and quantitative reasoning, teamwork, attention to detail, focus on results and high levels of commercial awareness are other important requirements.

Check ➤  Occupational Therapist • Job Description, Salary & Benefits

Training & progression

Training is a mix of on-the-job and formal skills development, placements across all financial functions and several non-financial functions to get a wider perspective of the business, while also studying for professional qualifications.

Acceptable and relevant qualifications include those administered by ICAEW, ICAS, CIMA, CIPFA, ACCA, CFA, and CISI, to name a few. Graduate programmes can last up to five years, depending on the industry and the company.

Career progression depends on various factors such as qualifications, experience and performance, with the latter being the significant determinant.

Financial managers can progress to head the finance function or even the whole organisation.

Alternatively, they can move into general management roles or specialist areas such as research, consultancy or academia.

Click to rate!
[Total: Average: ]
Related posts:
  1. Certified Actuarial Analyst (CAA) • Job Description, Salary & Benefits
  2. Management Consultant • Job Description, Salary & Benefits
  3. Plant Breeder/Geneticist • Job Description, Salary & Benefits
  4. Clinical Embryologist • Job Description, Salary & Benefits
  5. Farmer • Job Description, Salary & Benefits
  6. Forensic Psychologist • Job Description, Salary & Benefits
  7. Advertising Copywriter • Job Description, Salary & Benefits
  8. Scriptwriter • Job Description, Salary & Benefits
Previous Post

What are some popular misconceptions about the recruitment and human resources industry?

Next Post

Particle Physicist • Job Description, Salary & Benefits

No Result
View All Result

Contents

  • 1 Salary & benefits
  • 2 Working hours
  • 3 Entry
  • 4 Training & progression

Categories

  • Accounting
  • Apple Pay
  • Apprenticeships
  • Career Industry
  • Career Path
  • Cash-app
  • College
  • Courses
  • Cover Letter
  • Credit Card
  • Degree
  • Insurance
  • Internships
  • Investing
  • Job Profiles
  • Looking for a Job
  • Paypal
  • Postgraduate
  • Rankings
  • Reviews
  • Scholarships
  • Self Employment
  • Social Security
  • Student Discount
  • Student Finance
  • Student loans
  • Taxes
  • UCAS
  • University
  • Venmo
  • Work experience

Student Finance:

  • How to get money off netspend account without card
  • Why cant i open a chime account
  • How to transfer from crypto com to bank account
  • Chime cash advance
  • Does publix cash checks
  • Pay later apps

Looking for a Tax Attorney?

  • Tax Attorney Near Me
  • Tax Attorney Los Angeles
  • Tax Attorney Maryland
  • Tax Attorney California

Insurance:

  • Home insurance claim adjuster secret tactics
  • Insurance subscriber number
  • State farm id card
  • Ct scan cost with insurance
  • Benefits for green card holders over 65

Student Loans:

  • $50 000 loan payment for 10 years
  • Average credit score by age
  • $200 000 mortgage payment 30 years
  • How much is the mortgage on a million dollar home
  • Mortgage underwriter salary

Credit Cards:

  • Thd/cbna credit card
  • Goody’s credit card online payment
  • Shell credit card payment
  • Iddeal credit card
  • Victoria secret pay credit card
  • CONTACT
  • TERMS & CONDITIONS
  • PRIVACY POLICY & GDPR COMPLIANCE STATEMENT
  • COOKIE POLICY

© 2004 - 2022 allaboutcareers.com

No Result
View All Result
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser

© 2004 - 2022 allaboutcareers.com