National Occupational Standard for Finance Manager

Definition of occupation

The Finance Manager plans, organizes, directs, controls, and evaluates the operations of the financial and accounting departments. They develop and implement the financial policies and systems of organizations. The Finance Manager establishes performance standards and prepares various financial reports. They are also a critical point of contact for all lending and other financial/transactional relationships.

As the industry becomes more automated, the Finance Manager spends less time producing financial reports and more time conducting data analysis, planning and strategizing, and advising senior managers and top executives.

The Finance Manager’s scope can vary significantly depending on the size and requirements of an organization. Therefore, this profile may contain competencies that are not required at every organization. Individual companies can select from the competencies listed to capture the specific critical competencies they require.

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