Financial ManagerSample Job Descriptions, Salaries, and Interview Questions
A Financial Manager is responsible for the financial health of an organization. They evaluate the financial situation and develop plans and strategies to ensure the long-term financial success of the company. A financial manager must be able to understand and analyze financial information and make recommendations to management as to the course of action the company should take. Good leadership skills are needed, as financial managers oversee the operations of the finance department.
Financial managers need a strong understanding of accounting principles, financial statistics, and all statutory legislation and regulations. They must follow financial trends and patterns and adjust company strategies accordingly. Excellent interpersonal, communication, and presentation skills are requirements for this role. Financial managers should also be detail-oriented, analytical, and have strong math skills. Experience in banking, compliance, financial services, and/or accounting is extremely helpful.
Sample job description
Average salary and compensation
The average salary for a financial manager is $111,100 per year in the United States. However, salary will vary depending on location, industry, company, and size of organization.
Los Angeles, California
Minneapolis-St. Paul, Minnesota
New York City, New York
Sample interview questions
What is the most difficult part of being a financial manager?
Tell me about your experience creating and overseeing budgets.
What is the most important skill to have as a financial manager, in your opinion?
What is the largest budget you have managed to date?
How have your previous jobs and experiences prepared you for this role?
Are you comfortable advising others and making important financial decisions?
Can you tell me about a time that you had to tell an executive about a loss/error? How did you handle that conversation?
Are you comfortable producing and presenting financial reports?
What is working capital?
Tell me about a time when you did not meet a deadline, and why that occurred. How did you handle the situation?
Are you comfortable working independently and having such a large level of responsibility?
Can you name three financial statements and explain their purposes?
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