Career as Finance Manager

Financial managers prepare financial reports, advise on investments and are

involved in financial management strategies and planning for business viability.
About Finance Manager :
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Job Profile

Financial Managers
Manufacturing, communications, finance, education, or health care sectors employ
one or more financial managers. The positions are of treasurer, controller, credit
manager, cash manager, and others who are responsible for preparing financial
reports to meet tax and other regulatory demands.
Finance Managers
Oversee the flow of cash and finances.

Develop information to assess the present

and future financial status of the firm.

Planning and controlling the flow of funds

within and outside of the organization.

Work with top management to arrange for

long term finance.
 Develop financial and economic policy,
establish procedures, delegate authority, and
oversee the implementation of these policies.

Set up budgetary systems, financial services

and make appraisals of the adequacy of
accounting methods.

Maintain liaison with banking personnel,

financial institutions, treasury officials for
sourcing funds, and control financial
activities.

Plan, coordinate and manage the financial

operation for diversification of business
operations.

Investment analysis

Source funds, issue management and viable

project investments for success of a project.

Merchant Bankers
Manage new issues, credit syndication,
government consent, accept fixed deposits
from companies and manage portfolios.

Assess, source funds and promote projects.

Advise corporates on issues which are related

to capital markets, investments,
management, government or concerning
portfolios of individuals or societies.

Act as financial intermediaries for the transfer

of capital from the investor to the investment
firm.

Equity Analyst
Carry on equity research and analysis used
for guiding investment decisions.

Offer objective assessment of investment

plans.

Conduct financial statement and cash flow

analysis
 Estimate supply and demand and also make
profit predictions.

Portfolio Managers
Understand the securities market

Guide clients in portfolio selection

Carry out economic, industrial and company

analysis measuring earnings, and forecasting
earnings

Carry out bond analysis and strategies,

performance evaluation and investment
management

Treasury Managers
Treasury and foreign exchange function involves have assumed importance with the
increase in flow of foreign exchange from foreign markets into India. The treasury
profit centres depend upon the treasury managers skills in
Financial forecasting

Financial management and

Assessment of cost of currency funds

Skills required

Superior analytical and logical ability

Skills for planning, interpreting and

predicting

Socially precise with business acumen to

communicate with the highest level of
the management

Mathematical acumen

Good communication and negotiating

skills

>> Read more about Job Profile

Employment Opportunities

Finance managers work for large national and multinational business and trading
firms, finance and leasing companies, banks, and consultancies. In large
organizations finance managers function is to handle separate sections e.g manager
 in-charge costing, business manager, commercial manager, manager indirect and
direct taxation etc.
Treasury Managers work for national and international banks, corporate and financial
institutions
Earnings
4.02 Lakhs to 18.46 Lakhs per annum
(Salary data sourced from PayScale.com)

Recruiting Companies

ABN AMRO

HSBC

ICICI Bank

ABN AMRO

HSBC

ICICI etc.

All large firms have finance departments

>> Read more about Employment Opportunities

How do I get there?

Class XII (Science/Commerce with Economics and Mathematics) can be

followed by a graduate honours degree in Economics. Many economics graduates
opt for MBA with specialisation in Finance or Masters in Finance Control.

Class XII (Commerce) can be followed graduation and preparation for

Chartered Accountancy simultaneously. Chartered Accountants may enhance their
qualification with a Certified Financial Analysts course.
 For Entry level jobs in multinational banks, business houses, trading firms,
export houses, financial institutions the qualifications required are MBA Finance or
Masters in Finance Control or Chartered accountancy.

From the entry point or junior level positions they make their way to middle level
positions and then to senior positions over a period of approximately ten years.