Finance Manager

Elevate Your Financial Game with A Comprehensive Career Guide.

About

A Finance Manager is a person that analyzes a company’s data and makes business decisions based on profitability. Moreover, the key responsibilities of a Finance Manager are discovering ways to reduce costs across the company, identifying opportunities for expansion, monitoring financial performance and much more.

Furthermore, Financial Managers work closely with other top executives and departments within the organization. They oversee other Financial Staff as well. They may also serve as business advisers. The position of Financial Manager is quite prestigious in an organization.

Eligibility

For Bachelor’s

  • Aspirants need to pass 10+2 with at least 50% marks from any recognised board.
  • Students can opt for a Bachelor's degree in Finance, Accounting, Economics or any other related field.

 For Masters

  • To gain job market knowledge, one can opt for a Master's degree in MBA in Finance or any other related field. 
  • Seekers must look for internship opportunities in order to gain expertise. 

Job Roles

The field of Finance Management aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:  

  • Financial Analyst
  • Compliance Officer
  • Financial Advisor
  • Senior Accountant
  • Loan Officer
  • Information Technology Auditor
  • Investment Banker
  • Hedge Fund Manager
  • Chief Financial Officer
  • Chief Risk Officer
  • Chief Compliance Officer
  • Personal Finance Advisor
  • Risk Manager
  • Credit Manager

Top Recruiters

There are many recruiters from leading companies who enlist potential students in the Finance Management field. Following are some Recruiters from where students can find an employment opportunity in India: 

  • CrowdStrike
  • PayU
  • Altre Digital
  • EV Motors
  • Volumetree
  • MP Developers
  • Unilever
  • Deloitte
  • Sanofi
  • HDFC
  • Axis
  • ICICI

Salary

The salary range may vary from company to company, but the salary of a Finance Manager is very impressive in India.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx Rs 3,30,000

Mid Level Salary

Approx Rs 6,10,000 

Senior Level Salary

Approx Rs 9,60,000 

Skills

  • Interpersonal Skills
  • Analytical Skills
  • Writing Skills
  • Numerical Skills
  • Organizational Skills
  • Knowledge About International Finance
  • Attention to Detail

Scope

A Finance Manager is responsible for all the financial aspects of a company they work for. They analyze financial statements and help organizations in increasing profits and reducing costs. Moreover, the career scope of Finance Managers is quite bright as there are multiple job opportunities available under various sectors. 

According to a survey, job opportunities for Financial Managers is expected to grow by 17% from the year 2020 to 2030. Needless to say, this career field is blooming and now is the right time to join this career field. One must possess numerical knowledge, analytical skills as well as interpersonal skills in order to flourish in this industry.

Benefits

  • High Earning Potential
  • Various Career Advancement Opportunities
  • Huge Networking 
  • Extreme Importance in a Company

Drawbacks

  • Competitive
  • Stressful
  • Long Hours
  • Demanding Job