# Tasks & work activities — financial manager

Source: O*NET 30.3, occupation 11-3031.00 (Financial Managers).

## Task statements

- **[Core]** Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- **[Core]** Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- **[Core]** Recruit staff members.
- **[Core]** Evaluate data pertaining to costs to plan budgets.
- **[Core]** Oversee training programs.
- **[Core]** Oversee the flow of cash or financial instruments.
- **[Supplemental]** Prepare operational or risk reports for management analysis.
- **[Supplemental]** Examine, evaluate, or process loan applications.
- **[Supplemental]** Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
- **[Supplemental]** Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
- **[Supplemental]** Develop or analyze information to assess the current or future financial status of firms.
- **[Supplemental]** Communicate with stockholders or other investors to provide information or to raise capital.
- **[Supplemental]** Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions.
- **[Supplemental]** Network within communities to find and attract new business.
- **[Supplemental]** Review collection reports to determine the status of collections and the amounts of outstanding balances.
- **[Supplemental]** Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
- **[Supplemental]** Review reports of securities transactions or price lists to analyze market conditions.

## Detailed work activities

- Analyze financial records or reports to determine state of operations.
- Analyze financial records to improve budgeting or planning.
- Analyze financial records to improve efficiency.
- Analyze forecasting data to improve business decisions.
- Approve expenditures.
- Communicate organizational information to customers or other stakeholders.
- Determine pricing or monetary policies.
- Direct financial operations.
- Direct organizational operations, projects, or services.
- Establish interpersonal business relationships to facilitate work activities.
- Maintain regulatory or compliance documentation.
- Monitor flow of cash or other resources.
- Prepare financial documents, reports, or budgets.
- Prepare operational progress or status reports.
- Prepare reports related to compliance matters.
- Recommend organizational process or policy changes.
- Recruit personnel.
- Supervise employees.
