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What Is a Senior Finance Manager and How to Become One


What Is a Senior Finance Manager?

A senior finance manager oversees business investment decisions and helps develop strategic financial goals for their company. As a senior finance manager, you supervise financial managers and analysts who study the economic data of the organization. You prepare reports and collaborate with top executives to devise strategies to reduce costs, increase profits, and optimize cash flow. To become a senior finance manager for a company, you need at least a bachelor’s degree in accounting, business, economics, or finance and several years of experience in the finance industry.

How to Become a Senior Finance Manager

The qualifications that you need to start a career as a senior finance manager include a degree and knowledge of the industry in which you work. You typically begin on this career path by earning a bachelor’s degree in business, accounting, or finance. Some employers prefer senior-level finance personnel with an MBA. Employers expect previous experience and job skills related to your area of focus. For example, if you work for a retail company, you would need experience in a junior-level position in that industry. You also need management skills to oversee other finance employees and delegate tasks when required.