We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.
Education

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

What are the Different Financial Manager Jobs?

By Christy Bieber
Updated: May 17, 2024
Views: 4,340
Share

The main categories of financial manager jobs include controller, treasurer, credit or cash manager, risk manager, insurance manager, and banking manager. Most financial management jobs are in the banking and finance industry and require a bachelor's or master's degree in a business-related field such as accounting, statistics, economics or business management. While all of these financial jobs require strong math and business skills, the specific job duties vary depending on the position.

Controller is one of several financial manager jobs. Controllers are in charge of preparing financial reports and helping others to prepare financial reports. These reports include balance sheets, income analysis projections, and income statements. Controllers may work for public companies that have to report data and profits to the SEC. They may also oversee small or large businesses in the preparation of profit/loss and income statements.

Treasurer is another classification within the field of financial manager jobs. Treasurers are responsible for handling money and work in large or small companies. They organize the creation of the budget and help companies allocate their money toward different business goals. Treasurers in some companies might be personally responsible for handing out cash or writing checks as needed.

Credit manager and cash manager are two other financial management jobs. Cash managers control cash disbursements and review receipts to account for distributed cash. Credit managers grant and review credit accounts or lines of credit to customers. This could mean evaluating a customer's credit risk, granting them a line of credit, and monitoring that line of credit for on-time payments.

Risk management is another important position considered to be a financial management job. Risk managers ensure that the risk of a financial transaction is in line with corporate or individual goals. Risk managers work for companies and private citizens. They can evaluate financial transactions, business deals, and investment portfolios to determine how risky the financial transactions are.

Insurance management is considered to be similar to risk management within the field of financial manager jobs. Insurance managers make sure a company or individual is properly insured. This job can include evaluating the level of assets versus the level of insurance. It can also include selecting an insurance company or policy.

Bank managers typically manage banks; it is one of the most diverse of the financial management jobs. Bank managers might work in local banks, credit unions, or in international banking. They have myriad responsibilities including supervising other employees, soliciting business, directing bank investments, complying with banking laws, and authorizing and approving loans and other business ventures.

Share
WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.

Editors' Picks

Discussion Comments
Share
https://www.wisegeek.net/what-are-the-different-financial-manager-jobs.htm
Copy this link
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.