What Is a Finance Manager?
Today, financial management is becoming the core competitiveness of enterprises, and the requirements on financial managers are becoming higher and higher. The function of the financial manager is no longer just to do a good job of financial accounting, provide financial analysis reports, prepare budgets, costs and funds, but also need to provide strong support for the company's comprehensive operation management and even strategic decisions.
Finance manager
Right!
- Increasingly at the level of financial management
- In order to conform to the trend of world economic integration and conform to the international vocational qualification standard system, the June 13, 1999 Decision of the Central Committee of the Communist Party of China and the State Council on Deepening Education Reform and Comprehensively Promoting Quality Education states: A certificate-based system. " Sino-British project by country
- Job Title: Financial Manager
- Affiliation: Finance Department
- Immediate superior:
- Although the content of the financial manager's work varies from company to company, each company is tailored to its needs. However, the typical tasks of a company's financial manager are similar. The important contents are as follows:
- 1. Fully responsible for the daily management of the Finance Department;
- 2. Organize the formulation of financial management systems and related regulations, and supervise their implementation;
- 3.Develop, maintain and improve
- With the development of economy and the deepening of globalization, traditional financial management knowledge can no longer meet the needs of modern enterprises. As one of the core decision-making members, the CFO's knowledge, its concept, its way of thinking, and the height at which it thinks about issues all play a decisive role in the development of the company. A CFO in a modern sense must break through traditional financial perspectives, grasp strategically knowledge of financial management, corporate governance, capital operations, and other means of operation; must have extensive exposure to cutting-edge domestic and foreign financial management knowledge and information; Really have global strategic vision and in-depth understanding of relevant international rules. Therefore, the positioning of the financial manager is also very important.
- Understand and learn the financial management methods of the world's advanced enterprises
- Understanding financial organization management capability models
- Implement financial policies that are harmonious with the company's strategy
- Master the soft skills and financial skills required for financial management
- Improve the effectiveness and efficiency of the finance department
- Supporting company value enhancement with financial management
- Really improve the company's operating efficiency through budget management
- Helping enterprises survive through internal control
- Financial Organization Management Capability Maturity Model
- Duties and positioning of financial managers
- Core Competence of Finance Manager
- Financial analysis focusing on business operation returns and risks
- Comprehensive budget management to achieve corporate strategic goals
- Effective internal control system
- Education background:
- Bachelor degree or above in accounting, finance or related major.
- training experience:
- Trained in economic law, basic principles of management, computer operations, and general knowledge of company products.
- Have the title of intermediate accountant or above.
- work experience:
- More than 5 years
- office.
- The working environment is comfortable and there is almost no danger of occupational diseases.
- The general annual salary range is about 80,000 to 300,000 yuan. Taking manufacturing as an example, if Beijing, Shanghai, the Pearl River Delta and other places have 3-5 years of financial management work experience, the annual salary can generally reach 100,000 to 150,000 yuan, more than 5 years. Often over 150,000.
- The financial manager is the only way to become a financial director. The financial manager's requirements and training for the management, coordination and coordination of financial personnel cannot be ignored. A good financial manager is the epitome of a good financial director.
- In today's increasingly tough business environment, companies are increasingly demanding financial managers. The function of a financial manager is no longer just to manage accounting,
- Hard to break thinking habits
- Due to the historical reasons of China's decades-long planned economic model, a considerable part of financial managers were originally engaged in financial accounting, and the single, meticulous, and meticulous professional characteristics of accounting work have determined their focus on micro-level thinking and thinking angles. Therefore, financial managers are still used to using pure accounting thinking to guide financial management.
- Relatively simple knowledge structure
- Financial managers are generally more knowledgeable about finance, and lack the wide-ranging expertise and good verbal and written skills, computer application skills, and foreign language skills required for modern economies such as finance, finance, and markets. Able to complete the financial management work. However, for higher-level financial management, due to its relatively single knowledge structure, it cannot be fully implemented.
- Poor comprehensive analysis ability
- In terms of financial analysis, financial managers not only stay on traditional methods of financial revenue and expenditure, but focus on collecting and sorting out a large number of accounting data. They rarely use comprehensive methods such as static analysis, dynamic analysis, total analysis, and structural analysis. The analysis method comprehensively and thoroughly analyzes the financial data to find out the problems of universality and regularity.
- The spirit of innovation needs to be strengthened
- Most financial managers aim to complete the financial tasks issued in the current year. It is almost a project after project throughout the year, and there is rarely enough time to summarize and review the financial work. It is often just a step-by-step, disciplined, lack of necessary innovation And innovative consciousness, less proactive thinking about various problems in financial work, carefully study the causes of problems, and use innovative ideas to actively and effectively solve them.
- Poor systemic and comprehensive
- With regard to how to effectively carry out financial work, the financial manager lacks systematic, pre-post training, and his work lacks purpose, system, overall awareness, and sense of hierarchy. In the specific financial management process, the financial manager only finds the rules and regulations when he finds the financial problems. He cannot analyze the cause and effect of the event well, find out the regular things, and then propose some more practical solutions. Method for reference by decision-making departments.
- Moral Quality
- This is the primary quality of a financial manager. The financial manager is the person in charge of the core department of the modern enterprise. Because his position is very important, his moral quality is very important for the development of the company. The moral qualities of financial managers mainly include the following three aspects: (1) Integrity comes first, and integrity is paramount. An excellent financial manager should have a good work style. No matter whether he is a person or a person, he must seek truth from facts and be honest. He must abide by the laws and disciplines in the financial management work, be honest and impartial, and act strictly in accordance with rules and regulations. Responsible to employees and shareholders. (2) Pragmatic work and dedication. At work, he is diligent and practical, constantly seeks innovation, consciously learns relevant work knowledge and work skills, and constantly improves his business level. In practical work, a financial manager should have perseverance and perseverance. In the face of complicated tasks, he must be quick-headed, think clearly, and do his job well. (3) Helping each other and taking the enterprise as the home. The financial manager should regard the interests of the enterprise as higher than the interests of the individual, and refrain from doing anything detrimental to the enterprise. All kinds of business confidential information and internal confidential information of the enterprise's financial work must be kept strictly confidential, not leaked, and consciously maintained. The corporate image must be resolutely stopped against acts that damage the reputation and reputation of the company.
- Knowledge
- Only when a financial manager is diligent in thinking and good at learning can he master the latest knowledge and adapt to the needs of the times. The knowledge quality of financial managers mainly has the following four aspects: (1) Accounting knowledge. This is the basic quality as a financial manager. (2) Knowledge of macroeconomics and microeconomics. (3) Enterprise product knowledge. (4) Information technology knowledge.
- Full of energy and strength
- Finance managers must also show an optimistic and confident mentality anytime, anywhere, so that subordinates can work with peace of mind and peace of mind in any situation, and maintain a strong and vigorous fighting spirit and spirit.
- Strengthen job training and follow-up education
- First, the company should make overall arrangements for the annual work project plan, reasonably arrange the necessary conditions and time for on-the-job training and follow-up education of the financial manager;
- The second is that financial managers should actively participate in continuing education and training, and continuously strengthen their own learning, and strengthen their knowledge of accounting, auditing, taxation, law, economics, computerized accounting, computers, foreign languages, and corporate products. Familiar with the comprehensive skills suitable for the job and improve the ability of comprehensive analysis.
- Overcoming weakness and building self-confidence
- Financial managers do not want to be eliminated in the tide of competition. They must overcome weakness and build information. Financial managers must focus on training their five abilities: good psychological balance, ability to adapt to the environment, ability to withstand setbacks, self-motivation, and self-development. Ability, rounding and selection. The financial manager should actively carry out psychological training and will training in working practice, and gradually form a sound psychological character that meets the requirements of the times.
- Correct positioning and perfecting yourself
- The financial manager must adjust himself in a timely manner, break through the limits of thinking, fully understand his important role in various activities, overcome the shackles of traditional concepts, face with a sound personality, give full play to his own advantages, make full use of his wisdom, and fully demonstrate His own style fully demonstrates his own personality, realizes his life value by actual actions, and is recognized by society and enterprises, thereby improving his status.
- Finance Manager's New Role for the Future: Corporate Strategic Partner
- In the future society, financial managers are a group of professional managers with high starting points, high requirements, high quality and high standards. They can not only plan, predict and judge the value of an enterprise, but also find new value growth points for the enterprise and become Leader and all-rounder of corporate value creation team.
- In the corporate decision-making process, the financial manager is not only a participant but also a leader, and it is also a strategic partner who makes suggestions. A foresighted and alert financial manager who will affect the survival of the business.