As employers require a minimum of a bachelor's degree in a finance-related field, consider completing business and economics courses, as well as varying math classes. Complete high schoolĪ high school diploma or equivalent is the first step toward becoming a financial manager. To become a financial manager, consider these steps: 1. Read more: What Does a Financial Manager Do? (Plus Requirements) How to become a financial manager Overseeing the performance of other employees who work in accounting or finance for the organizationĮnsuring compliance with the accounting standards and financial reporting requirements of the organization Using financial reports and data to advise management on key financial decisions Reviewing market trends to understand more about the industry and identify ways to expand the company Preparing financial reports and statements for upper management, executives and company ownersĮvaluating the financial health of the organization based on trends and dataįorecasting the financial needs and income of the businessĭiscovering opportunities for the business to reduce costs, earn more and meet long-term financial goals Related: How To Develop Finance Manager Career Goals What does a financial manager do?Ī financial manager has several responsibilities, including: Financial managers may also prepare reports on how well the organization meets its budget goals. They ensure the organization maintains adequate cash flow and liquidity through budgeting, accounting and financial planning. Related: Your Guide to Careers in Finance What is a financial manager?Ī financial manager is responsible for managing the finances of an organization. In this article, we define what a financial manager does, explain how to become a financial manager and review the skills, salary, job outlook and work environment for this career. There are certain steps to becoming a financial manager for an organization, and it's important to learn more so you can plan how to approach making a career in this role. With the right combination of education, experience and skills, you may find success in this career and achieve job satisfaction. If you're committed to a career in finance, then you may be interested in working as a financial manager.
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