Finance manager
Career outlook for finance manager
Average UK salary
£79,040
Currently employed in Scotland
22,100
"LMI for All" supplies our salary and employment status information. "Oxford Economics" supplies job forecasts and employment figures. Due to COVID-19 the jobs market is constantly changing. Some of the information may not reflect the current situation.
What's it like?
As a finance manager, you would plan and oversee the financial information for your company or organisation. You would be responsible for maintaining the integrity of financial accounts and reporting suspected breaches of conduct.
In this role, you would work directly with others. You could be working with people within your company or other businesses. You would advise customers or colleagues on your company's financial policies.
Through your duties, you will manage all financial information for your organisation. You will:
- report to the Chief Financial Officer
- ensure financial regulatory standards are met
- monitor processes and procedures for accounting and financial reporting
- lead the finance team
- prepare financial information for review – for your company or other organisations that oversee financial regulations.
- work with Government bodies such as HMRC
- be responsible for tax information
- oversee management accounting and budgetary processes
You'll need to have good attention to detail. You’ll keep up to date on market information and financial regulation.
Working conditions
Hours
Environment
Travel
UK employment status
Full-time
61%
Part-time
21%
Self employed
18%
Search course options
Thinking about your future? There are lots of courses available that could interest you. Use our course search to explore course options.
Find coursesSearch job opportunities
If you're looking for your new career our job search can help you. Discover interesting opportunities and decide your next steps.
Find a jobTop skills
Here are some of the skills needed for this job. Sign in to see how your skills match up.
- Verbal communication
- Working with technology
- Written communication
- Problem solving
- Working with numbers
- Attention to detail
- Taking initiative
- Ethical
- Taking responsibility
- Analysing
Skills Explorer
Your skills can help you choose the career that's right for you. You can build your skills through work, study or activities you do in your spare time.
Our Skills Explorer tool will help you understand what skills you have and match them to jobs that might suit you.
Use the Skills Explorer toolGetting in
Entry requirements for courses can change. Always contact the college, university or training provider to check exactly what you'll need.
Qualifications
While there are no formal qualification requirements, a degree in a relevant subject, such as Accountancy or Business Management, will be valuable.
You could complete an apprenticeship to gain a qualification and work experience. Relevant apprenticeships are:
- MA Providing Financial Services
- MA Accountancy
- MA Insurance
- MA Payroll
- MA Prof Services
- GA Accounting
- GA Business Management
- GA Business Management: Financial Services
You could also gain an Associated Chartered Accountant (ACA) qualification. You could also gain a qualification through the Association of Chartered Accountants (ACCA) or the Association of Accounting Technicians (AAT). Any of these qualifications will help you to stand out.
Useful subjects
- Accounting
- Business
- Business in Practice
- Business Management
- Economics
- English
- Mathematics
- Skills For Work: Financial Services
- Statistics
- FA Business Skills
- FA Financial Services
- FA Accountancy
- Applications of Mathematics
- Lifeskills Mathematics
Helpful to have
Having relevant work experience can help you a lot in this role. You're likely to use spreadsheets, so experience working with Excel will be a valuable asset to employers.
You will need to have good attention to detail and analysis skills. The best thing you can do is have confidence in yourself and your skills.