Finance Managers (ANZSCO 1322)
Finance Managers (ANZSCO 1322) are professionals who plan, organise, direct, control, and coordinate the financial and accounting activities within organisations. They play a crucial role in managing the financial aspects of a business, ensuring its financial stability and success.
Indicative Skill Level:
In Australia and New Zealand, most occupations in this unit group require a level of skill commensurate with a bachelor's degree or higher qualification. However, in some cases, relevant experience of at least five years may substitute for the formal qualification. Additionally, on-the-job training and relevant experience may be required alongside the formal qualification (ANZSCO Skill Level 1).
Tasks Include:
- Determining, implementing, monitoring, reviewing, and evaluating budgetary and accounting strategies, policies, and plans in consultation with other Managers.
- Providing financial information and interpreting its implications for business performance and funding needs.
- Coordinating the development, implementation, and monitoring of accounting systems.
- Directing the preparation of financial reports that summarize and forecast the organisation's financial position, such as income statements, balance sheets, and analyses of future earnings and income.
- Assessing capital finance proposals and the financial status of operational projects.
- Advising on investment strategies, sources of funds, and the distribution of earnings.
- Delivering long-range profit forecasts, budgeting, and financial reporting.
- Ensuring compliance with financial legislation and standards.
Occupation:
- 132211 Finance Manager
132211 Finance Manager
Alternative Titles:
- Chief Financial Officer
- Finance Director
- Financial Controller
A Finance Manager, also known as a Chief Financial Officer, Finance Director, or Financial Controller, plans, organises, directs, controls, and coordinates the financial and accounting activities within an organisation. They are responsible for managing the financial aspects of the business and ensuring its financial stability and success.
Skill Level: 1
Specialisation:
- Financial Administrator