More information from O*NET OnLine:

Financial Managers - 11-3031.00

O*NET-SOC Description

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Sample of Reported Job Titles

Accounting Supervisor
Banking Center Manager (BCM)
Branch Manager
Business Banking Manager
Credit Administration Manager

Credit Manager
Financial Center Manager
Financial Planning Manager
Financial Reporting Manager
Financial Systems Manager

SOC Occupation Groups

11-0000	Management Occupations
11-3000	Operations Specialties Managers
11-3030	Financial Managers
11-3031.00	Financial Managers

Related Occupations

11-3031.01	Treasurers and Controllers Bright Outlook
11-3031.03	Investment Fund Managers
13-2011.00	Accountants and Auditors
13-2041.00	Credit Analysts
13-2051.00	Financial and Investment Analysts
13-2052.00	Personal Financial Advisors
13-2054.00	Financial Risk Specialists
13-2061.00	Financial Examiners
13-2072.00	Loan Officers
41-3031.00	Securities, Commodities, and Financial Services Sales Agents

Tasks

Analyze and classify risks and investments to determine their potential impacts on companies.
Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
Communicate with stockholders or other investors to provide information or to raise capital.
Develop or analyze information to assess the current or future financial status of firms.
Direct insurance negotiations, select insurance brokers or carriers, and place insurance.
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
Evaluate data pertaining to costs to plan budgets.
Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions.
Examine, evaluate, or process loan applications.
Network within communities to find and attract new business.
Oversee the flow of cash or financial instruments.
Oversee training programs.
Plan, direct, and coordinate risk and insurance programs of establishments to control risks and losses.
Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
Prepare operational or risk reports for management analysis.
Recruit staff members.
Review collection reports to determine the status of collections and the amounts of outstanding balances.
Review reports of securities transactions or price lists to analyze market conditions.
Submit delinquent accounts to attorneys or outside agencies for collection.