Financial Manager Job Description
September 25, 2022
Having an excellent financial manager is essential for every business. They oversee a company’s entire financial operations, from budgeting and accounting to investments and risk management.
A good financial manager can help a company stay afloat during difficult times, make sound investment decisions that lead to future growth, and keep track of all money coming in and going out.
However, finding the right person for this critical role is not always easy. That is why it is critical to create a good financial manager job description to attract the best candidates.
So, how do you create an enticing financial manager job description? Here are some pointers to get you started:
1. Clearly Define the Role
The first step is to define the financial manager’s role clearly. What exactly will they be responsible for? Therefore, when writing the financial manager job description, include a list of all the duties and responsibilities expected of the financial manager.
Some examples might include:
- Tracking income and expenses
- Creating financial reports
- Making recommendations for investments
- Overseeing budgeting and forecasting
- Managing cash flow
- Providing advice on financial planning
Remember to be as specific as possible to avoid future misunderstandings.
2. Set the Education and Experience Requirements
The next step is to define the position’s educational and experience requirements. Financial managers need at least a bachelor’s degree in accounting or finance. But depending on the size and complexity of your business, you might require a master’s degree or even higher.
As for the experience, again, it will depend on the size of your business. But as a general rule, you should look for someone who has at least five years of experience working in accounting or finance.
And if you can find someone with both a degree and experience working in your industry, that’s even better. Remember to include these requirements in the financial manager job description so that you attract the right candidates from the start.
3. List the Key Skills and Competencies
In addition to education and experience, there are certain skills and competencies that all financial managers should have. These might include:
- Analytical skills
- Profit and loss analysis
- Financial statement analysis
- Budgeting and forecasting
- Cash flow management
- Financial planning
- Investment analysis
This is, of course, not an exhaustive list. It should, however, give you a good idea of the skills and competencies required for the position. Include these in the financial manager job description to weed out candidates who do not possess the required skill set.
4. Outline the Salary and Benefits
The fourth step outlines the salary and benefits you are offering. This is important for two reasons.
- First, it will help attract candidates seeking a specific salary range.
- Second, it will help filter out candidates not willing to work for your offer.
When it comes to salary, be as specific as possible. For example, don’t just say that the salary is negotiable. Instead, give a range that you are willing to pay. As for benefits, again, be specific and include a list of all the help you are offering. Some examples might include:
- Health insurance
- Paid vacation
- 401k plan
- Stock options
Including salary and benefits in the financial manager job description will help ensure that you only attract candidates who are a good fit for your company.
5. Use Keywords
The final step is to use keywords throughout the financial manager job description. This is important because it will help your job description appear in search results when candidates are looking for positions that match their skills and experience.
For example, if you are looking for a financial manager with experience in budgeting, you would want to include the keyword “budgeting” in the job description. This would help your job description appear in the search results when candidates search for that keyword.
Including keywords can make it easier for candidates to find your job listing and ensure that you only attract qualified candidates.
6. Post the Job Listing
Make sure to proofread the job description before you post it. This will help to ensure that there are no errors or typos that could turn off potential candidates. Once you have written the job listing, the final step is to post it on your website or a job board. This will help to ensure that you only attract qualified candidates.
1. Use Powerful Language
We have a few bonus tips for you. When writing the financial manager job description, use powerful language to capture candidates’ attention. For example, instead of saying “responsible for budgeting,” you could say “create and manage budgets.”
2. Highlight the Company
Make sure to highlight what makes your company a great place to work. For example, you could mention the company’s dedication to professional development or flexible work hours.
By using powerful language and highlighting the best features of your company, you can make your job listing more appealing to candidates and ensure that you only attract the best applicants.
3. Use ATS-Friendly Keywords
When writing the job description, use keywords commonly used by applicant tracking systems (ATS). This will help to ensure that the ATS indexes your job listing and that it appears in the search results when candidates use those keywords.
Some examples of ATS-friendly keywords include:
“financial manager”, “budgeting”, “accounting”, “finance”, and “analytics”.
Using these keywords makes it easier for candidates to find your job listing and ensures that your listing is not overlooked.
4. Keep It Short and Sweet
Make sure to keep the job description short and sweet. The ideal length for a job description is between 250-300 words. Keeping the job description short can make it easier for candidates to read and understand.
A financial manager plays an important role in any company. Therefore, it is important to be clear and concise when writing the job description. Include the responsibilities, qualifications, salary, benefits, and keywords. This will help you attract qualified candidates.
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A wordsmith, storyteller, and content strategist – Tima is an MBA graduate with 6+ years of experience in the world of HR. With over 2,000 blogs under her belt, Tima's expertise and insights have helped businesses across the globe take their recruitment to the next level and stay ahead of the curve.
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