---
name: financial-manager
description: "Occupational skill for the role 'financial manager' (also: CFO, financial director, finance manager, chief financial officer, financial administrator, finance chief). Use when the user asks for typical financial manager work such as: Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.; 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.; Recruit staff members."
---

# Financial Manager

Financial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, equity and cash flow aiming to maintain the financial health of the company and operative viability. Financial managers evaluate the strategic plans of the company in financial terms, maintain transparent financial operations for taxation and auditing bodies, and create the financial statements of the company at the end of the fiscal year.

## Core workflow

1. Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
2. 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.
3. Recruit staff members.
4. Evaluate data pertaining to costs to plan budgets.
5. Oversee training programs.
6. Oversee the flow of cash or financial instruments.

## How to use this skill

- Read `references/profile.md` for the occupation profile and scope.
- Consult `references/tasks.md` for the full task and activity inventory.
- Check `references/skills.md` for essential vs. optional competences.
- Check `references/tools.md` for the software commonly used in this role.

## Key competences (essential)

- accounting
- accounting department processes
- accounting entries
- accounting techniques
- advise on financial matters
- analyse business plans
- analyse financial performance of a company
- analyse market financial trends
- banking activities
- control financial resources
- cost management
- create a financial plan
- create a financial report
- economics
- enforce financial policies

## Hot technologies

- Intuit QuickBooks
- IBM SPSS Statistics
- SAS
- Alteryx software
- Tableau
- Salesforce software
- Teradata Database
- Microsoft Access
- Microsoft SQL Server
- Oracle Database

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*Sources: ESCO v1.2.1 (http://data.europa.eu/esco/occupation/30f3ea93-882a-4525-841c-1d5b4b64076f), O*NET 30.3 (11-3031.00). See manifest.json for licensing/attribution.*
