Career Exploration Worksheet
Name of Occupation: Financial Manager
What do workers in this job actually do? What are their tasks,
responsibilities, risks, and physical demands of this occupation?
Financial managers perform data analysis and advise senior managers
on profit-maximizing ideas. Financial managers are responsible for the
financial health of an organization. They create financial reports, direct
investment activities, and develop plans for the long-term financial
goals of their organization. Physically you will have prolonged periods
sitting at a desk and working on a computer, must be able to lift up to
15 pounds at times, and may be required to travel on occasion.
What skills are required?
Eight of the best skills financial managers can have include strategic
and analytical skills, be tech-savvy, adaptability, honesty and strong
values, strong communication skills, leadership skills, industry-specific
knowledge, and keep learning.
What training, education, or other qualifications (licenses, registration,
and
certification) do you need for the occupation?
Typically, at least a bachelor’s degree in business, economics, or a field
similar.
What is the work schedule like? (Hours per week, hours per day,
overtime,
travel)
Many financial managers work in comfortable offices for long
hours, between 50 or 60 hours per week. Travel may also be included,
as financial managers generally are required to attend financial and
economic association conventions, visit other firms, or engage
customers.
What are the earnings or salary ranges? (Hourly & Salary)
Across the U.S. the hourly pay is on average $67.21 and in Missouri
$61.88. The average salary across the U.S. is make on average
$139,790 and in Missouri on average $128,710.
What is the employment outlook for this occupation?
The employment outlook for financial managers is projected to grow
17% from 2021 to 2031. There will be a projected 71,300 openings each
year on average throughout the decade.
What are some related occupations?
Related careers include Accountants and Auditors, Agents and Business
Managers, Budget Analysts, Financial Analysts, and Financial
Counselors.
What are some schools or training centers that can prepare you for this
career?
Some colleges you can go to get into being a financial manager are the
University of Pennsylvania, University of Texas at Austin, and
Lindenwood University
