From accounting manager to financial manager
19 of the 38 essential skills of a financial manager are already essential for a accounting manager — about 50% of the job, before you learn anything new. It is the closest move from accounting manager in the whole taxonomy.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 19
- skills carry over
- 19
- would be new
- 50%
- of the target job covered
- 38
- essential skills of a financial manager
What a financial manager does
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.
What carries over
19 skillsEssential in both jobs. This is the part of the move you have already made.
- accounting department processes
- accounting entries
- analyse financial performance of a company
- analyse market financial trends
- create a financial plan
- enforce financial policies
- evaluate budgets
- financial analysis
- financial department processes
- financial management
- financial statements
- follow company standards
- manage accounts
- manage budgets
- monitor financial accounts
- strive for company growth
- supervise accounting operations
- support development of annual budget
- tax legislation
What would be new
19 skillsEssential for a financial manager and not for a accounting manager. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- accounting
- accounting techniques
- advise on financial matters
- analyse business plans
- banking activities
- control financial resources
- cost management
- create a financial report
- economics
- financial forecasting
- funding methods
- liaise with auditors
- liaise with managers
- liquidity management
- monitor charity's budget
- prepare financial statements
- prepare tax returns forms
- report on overall management of a business
- securities
Other moves from accounting manager
2 roles- budget manager19 skills in common
- accountant15 skills in common
No account needed to start
How far are you from being a financial manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.