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Finance manager


What is a finance manager and what do they do?

The finance manager role varies considerably depending on the organisation that they work for. In smaller companies (without a financial controller or chief financial officer), the finance managers can act as the head of finance and be the principle creator of budgets, accounts and payroll. In larger organisations, the finance manager may be a senior finance professional with accountability for a specific area of the business or team who reports directly to senior leadership. Accordingly, finance managers can have a diverse range of responsibilities across all areas of financial operations. They may be involved in budgeting and forecasting, preparing management accounts, compliance, managing cash flow or even contributing to internal audit processes. They may also be involved with more strategic elements such as cost and risk reduction, finance system reviews and implementation, or be asked to support other commercial projects. Wherever they are, finance managers usually assist senior management in making financial decisions that affect the organisation by preparing analysis and reports to facilitate informed decision-making.

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

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Continuing professional development at ACCA

A commitment to life long-learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 12

Online course

Finance business partnering 10 course pack

This 10-course pack from BPP is designed to develop the new skills you need to be an effective and successful finance business partner. Changes and pressures on the economy have meant that there is now much more of a relationship between finance and the operational part of the business. This has resulted in the development of the role of the finance business partner, which requires a completely different skill set to those needed by a more traditional financial accountant. 

By completing this pack, you will gain a better understanding of: 
 

  • how to provide strategic insight to the rest of your organisation
  • using your knowledge to influence decision-making
  • implementing strategic plans and measuring their success
  • process management
  • how to work with others to realise organisational objectives.  
units 6.5

Online course

Strategic business partner 5 course pack

This five-course pack from BPP looks at the role of the accountant and how it has changed. It's no longer enough for accountants to just provide the 'numbers'; we now have to be able to explain what the numbers mean and how they impact an organisation's performance. Finance professionals are expected to be included in the strategic decision-making of an organisation, influencing the planning of an organisation's direction.

By completing this pack, you will gain a better understanding of: 

  • what a business partner is and the skills you need to develop to become a good business partner
  • how to use technology to enhance your business partnering capabilities
  • how to integrate the finance team into the rest of the business.
Find more CPD resources on ACCA Learning

How does the ACCA qualification support this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.

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Case study for this role

From AB magazine interview

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The view from Blair Nixon Chitimbe FCCA

Finance manager, Malawi Housing Corporation, Blantyre
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