Finance Manager Job Description

What does a Finance Manager do?

Finance Managers are responsible for the overall finances and financial health of a business or organization. They produce financial reports, direct investment activities, and develop strategies to achieve the long-term financial goals of the business. Their main responsibility is to monitor a company’s finances, analyze data, and advise senior managers on how to maximize profits.

Finance Managers can work in the government, banks, insurance companies, healthcare, or even private businesses and corporations. 

Duties and Responsibilities:

These are some of the core duties and responsibilities of a Finance Manager

• Prepare financial statements, business activity reports, and forecasts
• Utilize financial statements prepared by accountants to make decisions about the company’s financial condition
• Advise senior management or other concerned departments and team leaders about possible profits and losses
• Handle possible risks a company may face due to economic conditions, legislation, competition, or other similar factors
• Raise funds, analyze cost impact, properly allocate funds for long-term capital assets
• May handle working capital management, capital budgeting, capital structure, mergers and acquisitions, dividend policy, and global finance