132211: Finance Manager

Description

Plans, organises, directs, controls and coordinates the financial and accounting activities within an organisation. Skill Level 1 Occupations at Skill Level 1 have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Assessing Authority

• Certified Practising Accountants of Australia (CPAA)

memberservice@cpaaustralia.com.au

• Chartered Accountants Australia and New Zealand (CAANZ)

migration@charteredaccountantsanz.com

• Institute of Public Accountants (IPA)

headoffice@publicaccountants.org.au 

Alternative Titles

• Chief Financial Officer
• Finance Director
• Financial Controller

 Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used. 

Specialisations

• Financial Administrator

 Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.

Unit Group 1322: Finance Managers

Description

Plan, organise, direct, control and coordinate the financial and accounting activities within organisations.

Indicative Skill Level

In Australia and New Zealand: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1). 

Tasks

• Determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other Managers
• Providing financial information and interpreting the implications for business performance and funding needs
• Coordinating the development, implementation and monitoring of accounting systems
• Directing the preparation of financial reports that summarise and forecast the organisation’s financial position such as income statements, balance sheets and analyses of future earnings and income
• Assessing capital finance proposals and the financial status of operational projects
• Advising on investment strategies, sources of funds and the distribution of earnings
• Delivering long range profit forecasts, budgeting and financial reporting
• Ensuring compliance with financial legislation and standards