The Financial Manager is responsible for directing and coordinating the financial activities of workers in nearly every public organization, government agency and private firm. These activities can be developing strategies and long range plans, preparing financial reports, directing investments, and developing financial procedures, according to an organizational objective. The end goal of every Financial Manager is to manage funds in such a manner as to maximize return on investment (ROI) while minimizing risk. To do this effectively they must also engage in financial analysis fields doing forecasting, budgeting, and cost reduction analysis. Directing the budget process is critical for a functioning work environment as they take the information from forecasting and expenditures and report to department heads to determine needs and allocate resources. Without critical thinking behind budgeting, departments wouldn’t know how much money they have and what they can get for their department.
Financial Managers have four major accountabilities: Management, Funds Management, Budgeting, and Financial Analysis. With management they are responsible for documenting and maintaining accounting policies and procedures, managing outsourced functions, and overseeing operations of the treasury department. In fund management they are responsible for forecasting cash flows, ensuring the organization has sufficient funds to operate, determining the company’s capital structure, arranging debt and equity financing, and investing funds. With their budgeting accountability, they must manage the preparation for the budget, report to management the variances from the budget and the reasons, and assist in the formation of its overall strategic direction. Lastly, the Financial Manager is accountable for financial analysis, which includes engaging in ongoing cost reduction analysis, reviewing competitors and reporting to management, interpreting the company’s financial results and recommending improvements, assisting in the determination of product pricing in relation to features offered and competitor pricing, compiling key business metrics and reporting them, and managing the capital budgeting process.
If applying for a Financial Manager position, your resume should include all major job duties including budgeting, forecasting cash flow, cost reduction analysis, documenting policies and procedures, funds investment, reporting, directing investments and maximizing the organizations return on investment. Be sure to describe your duties specifically, such as how did you maximize ROI? Were you able to make a suggestion to management based on our financial analysis and competitor investigation? How did you direct department heads to use their funding as well as how they can budget effectively for next year with that funding? The more detailed you are shows the hiring manager your decision making, critical thinking, management of finances, and coordination, which are all essential to be a successful Financial Manager.
Financial Manager Resume Builder Power Words: finance, financial, management, cost reduction, funds, analysis, budget, forecast, investment, debt, equity, and treasury.
Financial Manager Resume Sample
- Analyzed results, identified trends, and communicated information to the team
- Approved ledger entries for both inter-company and intra-company transactions
- Assisted with the creation of proposals and other business development activities
- Coached and developed a sales culture of the financial center
- Conducted cold calls on prospective small business customers
- Created a company-wide income statement quarterly
- Created and maintained an employee manual for all employees
- Delivered consistent excellent quality customer service and established relationships in a manner that enhances the overall marketing efforts of company
- Demonstrated consistent professional appearance, image, and represented the brand
- Directed and managed all functions of the assigned financial center to provide a high quality of customer service
- Exceeded all established production and other goals, objectives, and expectations
- Helped execute financial and accounting analysis and process improvement(s) associated with financial management functional areas such as budgeting and forecasting, financial close and consolidation, management and financial reporting, cash management and program accounting, working capital management, shared services, and/or financial transformation
- Identified and pursued opportunities that increased sales, enhanced customer’s relationships, and increased market share
- Made sound decisions, maximized revenues, minimized operating loses, and managed the performance and growth of the financial center
- Maintained and developed relationships with existing customers
- Met accounting operational standards by contributing financial information to strategic plans and reviews
- Monitored and enforced compliance related policies, procedures, guidelines, and best practices
- Participated in the development of business specifications for product and industry topics
- Prepared daily, weekly, and monthly reports on a timely basis
- Promoted and established strong, positive, and productive working relationships with all lines of business
- Protected the organization's value by keeping information confidential
- Served as a liaison between clients and upper management
- Sold banking solutions to increase deposit base of the financial center and consumer loan production
- Supervised the maintenance of monthly records and cash accounts
- Trained and motivated staff
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