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Financial Managers

Management (11-3031)
Bright Outlook

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

At a Glance

Financial Managers earns a median of $161,700/yr with +14.8% projected growth. Typical entry: Bachelor's degree. Top skills: Customer and Personal Service, Marketo Marketing Automation, Microsoft Visual Basic.

Median Annual Wage

$161,700/yr

Projected Growth (2024-34)

+14.8%

Annual Openings

75

Typical Education

Bachelor's degree

Skills & Requirements

Skills (16)

Active Listening

Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

4.0
Reading Comprehension

Understanding written sentences and paragraphs in work-related documents.

4.0
Speaking

Talking to others to convey information effectively.

4.0
Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

4.0
Monitoring

Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

3.8
Writing

Communicating effectively in writing as appropriate for the needs of the audience.

3.8
Management of Personnel Resources

Motivating, developing, and directing people as they work, identifying the best people for the job.

3.6
Judgment and Decision Making

Considering the relative costs and benefits of potential actions to choose the most appropriate one.

3.6
Complex Problem Solving

Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

3.6
Service Orientation

Actively looking for ways to help people.

3.6
Coordination

Adjusting actions in relation to others' actions.

3.6
Social Perceptiveness

Being aware of others' reactions and understanding why they react as they do.

3.6
Time Management

Managing one's own time and the time of others.

3.6
Active Learning

Understanding the implications of new information for both current and future problem-solving and decision-making.

3.5
Mathematics

Using mathematics to solve problems.

3.5
Persuasion

Persuading others to change their minds or behavior.

3.4

Knowledge (11)

Customer and Personal Service

Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

4.7
Administration and Management

Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

4.3
Economics and Accounting

Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

4.1
Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

3.7
Administrative

Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.

3.7
Law and Government

Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

3.6
Personnel and Human Resources

Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.

3.5
Sales and Marketing

Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

3.4
Education and Training

Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

3.3
English Language

Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.

3.3
Computers and Electronics

Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

3.3

Abilities (15)

Written Comprehension

The ability to read and understand information and ideas presented in writing.

4.1
Oral Comprehension

The ability to listen to and understand information and ideas presented through spoken words and sentences.

4.1
Oral Expression

The ability to communicate information and ideas in speaking so others will understand.

4.1
Deductive Reasoning

The ability to apply general rules to specific problems to produce answers that make sense.

4.0
Speech Clarity

The ability to speak clearly so others can understand you.

4.0
Written Expression

The ability to communicate information and ideas in writing so others will understand.

3.9
Inductive Reasoning

The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

3.9
Problem Sensitivity

The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.

3.9
Information Ordering

The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).

3.8
Speech Recognition

The ability to identify and understand the speech of another person.

3.8
Near Vision

The ability to see details at close range (within a few feet of the observer).

3.8
Number Facility

The ability to add, subtract, multiply, or divide quickly and correctly.

3.5
Mathematical Reasoning

The ability to choose the right mathematical methods or formulas to solve a problem.

3.5
Fluency of Ideas

The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).

3.4
Flexibility of Closure

The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.

3.3

Technology (30)

Marketo Marketing Automation

Category: Sales and marketing software | Hot Technology

4.5
Microsoft Visual Basic

Category: Development environment software | Hot Technology

4.5
Microsoft Visio

Category: Process mapping and design software | Hot Technology

4.5
Microsoft SQL Server

Category: Data base user interface and query software | Hot Technology

4.5
Microsoft SharePoint

Category: Document management software | Hot Technology

4.5
Microsoft Project

Category: Project management software | Hot Technology

4.5
Microsoft PowerPoint

Category: Presentation software | Hot Technology | In Demand

4.5
Microsoft Outlook

Category: Electronic mail software | Hot Technology | In Demand

4.5
Microsoft Office software

Category: Office suite software | Hot Technology | In Demand

4.5
Microsoft Excel

Category: Spreadsheet software | Hot Technology | In Demand

4.5
Microsoft Access

Category: Data base user interface and query software | Hot Technology

4.5
Tableau

Category: Business intelligence and data analysis software | Hot Technology

4.5
Intuit QuickBooks

Category: Accounting software | Hot Technology

4.5
IBM SPSS Statistics

Category: Analytical or scientific software | Hot Technology

4.5
Alteryx software

Category: Business intelligence and data analysis software | Hot Technology

4.5
Adobe Acrobat

Category: Document management software | Hot Technology

4.5
Teradata Database

Category: Data base management system software | Hot Technology

4.5
Structured query language SQL

Category: Data base user interface and query software | Hot Technology

4.5
SAS

Category: Analytical or scientific software | Hot Technology

4.5
SAP software

Category: Enterprise resource planning ERP software | Hot Technology

4.5
Salesforce software

Category: Customer relationship management CRM software | Hot Technology

4.5
Yardi software

Category: Data base user interface and query software | Hot Technology

4.5
R

Category: Object or component oriented development software | Hot Technology

4.5
Oracle Primavera Enterprise Project Portfolio Management

Category: Project management software | Hot Technology

4.5
Workday software

Category: Enterprise resource planning ERP software | Hot Technology

4.5
Oracle PeopleSoft

Category: Enterprise resource planning ERP software | Hot Technology

4.5
Oracle Database

Category: Data base user interface and query software | Hot Technology

4.5
Microsoft Word

Category: Word processing software | Hot Technology

4.5
Microsoft Windows

Category: Operating system software | Hot Technology

4.5
Microsoft Visual Basic for Applications VBA

Category: Development environment software | Hot Technology

4.5

Work Activities (25)

Establishing and Maintaining Interpersonal Relationships

Developing constructive and cooperative working relationships with others, and maintaining them over time.

4.3
Communicating with Supervisors, Peers, or Subordinates

Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.

4.3
Processing Information

Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

4.3
Working with Computers

Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

4.3
Evaluating Information to Determine Compliance with Standards

Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.

4.2
Getting Information

Observing, receiving, and otherwise obtaining information from all relevant sources.

4.2
Making Decisions and Solving Problems

Analyzing information and evaluating results to choose the best solution and solve problems.

4.2
Coaching and Developing Others

Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.

4.2
Guiding, Directing, and Motivating Subordinates

Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.

4.1
Organizing, Planning, and Prioritizing Work

Developing specific goals and plans to prioritize, organize, and accomplish your work.

4.1
Analyzing Data or Information

Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

4.0
Coordinating the Work and Activities of Others

Getting members of a group to work together to accomplish tasks.

4.0
Updating and Using Relevant Knowledge

Keeping up-to-date technically and applying new knowledge to your job.

3.8
Judging the Qualities of Objects, Services, or People

Assessing the value, importance, or quality of things or people.

3.7
Developing and Building Teams

Encouraging and building mutual trust, respect, and cooperation among team members.

3.7
Scheduling Work and Activities

Scheduling events, programs, and activities, as well as the work of others.

3.6
Developing Objectives and Strategies

Establishing long-range objectives and specifying the strategies and actions to achieve them.

3.6
Documenting/Recording Information

Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.

3.6
Communicating with People Outside the Organization

Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

3.5
Training and Teaching Others

Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.

3.5
Performing Administrative Activities

Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.

3.4
Providing Consultation and Advice to Others

Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.

3.4
Performing for or Working Directly with the Public

Performing for people or dealing directly with the public. This includes serving customers in restaurants and stores, and receiving clients or guests.

3.4
Interpreting the Meaning of Information for Others

Translating or explaining what information means and how it can be used.

3.3
Identifying Objects, Actions, and Events

Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.

3.3

Work Styles (2)

Dependability

A tendency to be reliable, responsible, and consistent in meeting work-related obligations.

4.3
Attention to Detail

A tendency to be detail-oriented, organized, and thorough in completing work.

3.6

Careers with Overlapping Skills

These occupations share the most skills. A career transition between them means many of your skills transfer directly.

Explore Key Skills

Frequently Asked Questions

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