How to Become a Financial Manager

How to Become a Financial Manager Financial managers handle the monetary and fiscal details of a company making sure the company is financially healthy, by reducing expenses and increasing revenue. What Financial Managers Do Refine and implement monthly, quarterly, and annual reports for designated groups. Manage client accounts and act as subject matter experts for budgetary decisions. Prepare and submit budget and resource reports and statements, with an eye towards compliance. Prepare financial statements, business activity reports, and forecasts. Perform ad hoc, non-routine financial analysis as needed. Become a Financial Manager Get a Bachelor's degree in Finance, Accounting, Economics, Business Administration or a related finance field. Find an entry level position as a loan officer, accountant, auditor, sales agent or financial analyst to gain experience, and gain four to five years of experience in this field. Pursue higher education such as a Master's degree in Business Administration, Finance or Economics to advance in your career. Gain knowledge of federal tax laws. Boost your chances of promotion by gaining specialized knowledge through certifications and continuing education. Popular certifications include: o Certified Public Accountant o Chartered Financial Analyst o Certified Government Financial Manager Keep up to date with the financial world through industry conferences and seminars Salary and Job Outlook $103,910 Financial Manager Annual Median Pay (2010): Employment among financial managers is expected to grow 9 percent from 2010 to 2020, slower than the average for all occupations. However, growth will vary by industry. is expected to grow at 20 percent from 2010 to 2020, faster than the average for all occupations. Employment of self-employed financial managers Top Paying Finance Degrees Bachelor's Degree $38,588 - $101,182 Bachelor of Science $39,902 - $144,028 MBA $53,327 - $128,534 Top Paying Cities for Finance Managers New York, Dallas, Pittsburgh, Pennsylvania New York Техas $59,598 - $140,935 $73,696 - $102,274 $73,698 - $92,510 Nashville, Washington, District of Tennessee Columbia $60,500 - $102,500 $60,933 - $112,500 Source: http://www.payscale.com/research/US/Job=Financial_Manager/Salary http://www.bls.gov/ooh/management/financial-managers.htm#tab-7 http://www.payscale.com/rcsearch.aspx?category=Job&str=Financial+ Manager&CountryName-United+States&Sourceld=Job Created by CAREER Careerwithonlinedegrees.com with Online Degrees How to Become a Financial Manager Financial managers handle the monetary and fiscal details of a company making sure the company is financially healthy, by reducing expenses and increasing revenue. What Financial Managers Do Refine and implement monthly, quarterly, and annual reports for designated groups. Manage client accounts and act as subject matter experts for budgetary decisions. Prepare and submit budget and resource reports and statements, with an eye towards compliance. Prepare financial statements, business activity reports, and forecasts. Perform ad hoc, non-routine financial analysis as needed. Become a Financial Manager Get a Bachelor's degree in Finance, Accounting, Economics, Business Administration or a related finance field. Find an entry level position as a loan officer, accountant, auditor, sales agent or financial analyst to gain experience, and gain four to five years of experience in this field. Pursue higher education such as a Master's degree in Business Administration, Finance or Economics to advance in your career. Gain knowledge of federal tax laws. Boost your chances of promotion by gaining specialized knowledge through certifications and continuing education. Popular certifications include: o Certified Public Accountant o Chartered Financial Analyst o Certified Government Financial Manager Keep up to date with the financial world through industry conferences and seminars Salary and Job Outlook $103,910 Financial Manager Annual Median Pay (2010): Employment among financial managers is expected to grow 9 percent from 2010 to 2020, slower than the average for all occupations. However, growth will vary by industry. is expected to grow at 20 percent from 2010 to 2020, faster than the average for all occupations. Employment of self-employed financial managers Top Paying Finance Degrees Bachelor's Degree $38,588 - $101,182 Bachelor of Science $39,902 - $144,028 MBA $53,327 - $128,534 Top Paying Cities for Finance Managers New York, Dallas, Pittsburgh, Pennsylvania New York Техas $59,598 - $140,935 $73,696 - $102,274 $73,698 - $92,510 Nashville, Washington, District of Tennessee Columbia $60,500 - $102,500 $60,933 - $112,500 Source: http://www.payscale.com/research/US/Job=Financial_Manager/Salary http://www.bls.gov/ooh/management/financial-managers.htm#tab-7 http://www.payscale.com/rcsearch.aspx?category=Job&str=Financial+ Manager&CountryName-United+States&Sourceld=Job Created by CAREER Careerwithonlinedegrees.com with Online Degrees