A financial operations manager is a mid-level management position found in finance institutions, large corporations, and all levels of government. These managers are responsible for overseeing the financial activities of a particular area or department within their company; specific duties vary by industry and employer, but typical tasks include generating reports, presenting recommendations for strategies, preparing reports, operational analysis, staff supervision, and overseeing financial transactions.
Financial operations managers are often responsible for developing and implementing departmental policies and procedures to optimize their department's operations and meet all company goals. They interact regularly with executive management, so good communication skills are important for the position.
A bachelor's degree in accounting, business, finance, or a related field is generally required for the job, though a master's or other advanced degree is often preferred. Financial operations managers may eventually earn the opportunity to be promoted to a higher managerial position, and prior experience within the company or industry is preferred and sometimes required.
Those in this position generally work in office environments, though some time will be spent on the floor of operations with co-workers and senior management staff. The hours are traditional business hours, though overtime is often required. Candidates for the position must be able to understand financial reports, analyze data, communicate effectively with others, and identify patterns and possible solutions to problems.
Operations Manager, Financial Tasks
Manage client accounts and act as the subject matter expert for budgetary decisions.
Refine and implement monthly, quarterly, and annual reports for designated groups.
Prepare and submit budget and resource reports and statements, with an eye towards compliance.
Perform ad hoc, non-routine financial analysis as needed.