What is a Finance Senior Manager Job?
A finance senior manager job is a high-level position in the financial sector. The role involves managing the financial aspects of an organization, analyzing financial data, and providing strategic financial advice to senior management. Finance senior managers are responsible for ensuring the financial stability and growth of their organization, and they play a crucial role in decision-making processes.
What Usually Do in This Position?
Finance senior managers perform a wide range of tasks. They are responsible for analyzing financial data and creating financial models to identify trends and make forecasts. They also oversee financial reporting and accounting, ensuring that financial statements are accurate and comply with applicable regulations. Additionally, they provide advice and guidance to senior management on financial matters, such as investments, budgets, and mergers and acquisitions.
Top 5 Skills for Position
- Financial analysis and modeling
- Leadership and management
- Strategic thinking and decision making
- Effective communication and presentation skills
- Strong attention to detail and accuracy
How to Become This Type of Specialist
To become a finance senior manager, you typically need a bachelor's degree in finance, accounting, or a related field. Many employers prefer candidates with a master's degree in business administration (MBA) or a finance-related discipline. In addition to formal education, you will need several years of experience in financial analysis, accounting, or a related field. Professional certifications, such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA), can also be beneficial.
Average Salary
According to data from Glassdoor, the national average salary for finance senior managers in the United States is $118,000 per year. However, actual salaries can vary widely based on factors such as location, industry, and level of experience.
Roles and Types
Finance senior managers can work in a variety of industries, including banking, insurance, healthcare, and technology. Within each industry, there are different types of finance senior manager roles, such as financial planning and analysis manager, accounting manager, and treasury manager. Each role has its own unique responsibilities and requirements.
Locations with the Most Popular Jobs in USA
According to data from Indeed, some of the top cities for finance senior manager jobs in the United States include New York, NY; San Francisco, CA; Chicago, IL; Boston, MA; and Houston, TX. However, there are also opportunities in other cities and regions throughout the country.
What are the Typical Tools?
Finance senior managers use a variety of tools and software to perform their job duties. Some common tools include financial modeling software, accounting software, data visualization tools, and project management software. In addition, they may use Microsoft Excel and other spreadsheet software to create financial models and analyze data.
In Conclusion
Finance senior manager jobs are high-level positions in the financial sector that require a combination of education, experience, and skills. If you are interested in pursuing this career path, consider obtaining a bachelor's degree in finance or accounting, gaining relevant work experience, and obtaining professional certifications. With the right qualifications and experience, you can enjoy a rewarding career as a finance senior manager.