From financial risk manager to financial manager
14 of the 38 essential skills of a financial manager are already essential for a financial risk manager — about 37% of the job, before you learn anything new.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 14
- skills carry over
- 24
- would be new
- 37%
- 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
14 skillsEssential in both jobs. This is the part of the move you have already made.
What would be new
24 skillsEssential for a financial manager and not for a financial risk 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 department processes
- accounting entries
- accounting techniques
- analyse business plans
- analyse financial performance of a company
- banking activities
- control financial resources
- cost management
- create a financial report
- evaluate budgets
- financial department processes
- funding methods
- liaise with auditors
- liquidity management
- manage accounts
- manage budgets
- monitor charity's budget
- monitor financial accounts
- prepare financial statements
- prepare tax returns forms
- report on overall management of a business
- supervise accounting operations
- support development of annual budget
Other moves from financial risk manager
2 roles- credit risk analyst16 skills in common
- budget manager13 skills in common
← financial risk managerfinancial manager →The other way round
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.