What is an operations finance manager job?
An operations finance manager is a professional who oversees financial operations in a company. Their primary role is to manage financial planning, budgeting, forecasting, and analysis to support the company’s business objectives. They work with various departments within the organization, including sales, manufacturing, and customer service, to ensure that financial goals are met. This job requires strong analytical and communication skills, as well as a deep understanding of finance and accounting principles.
What usually do in this position?
An operations finance manager performs a range of tasks, including financial planning, budgeting, and forecasting. They analyze financial data to identify trends and provide insights to senior management. They also manage financial reporting, ensuring that financial statements are accurate and comply with accounting standards. Other tasks include managing cash flow, analyzing investment opportunities, and overseeing risk management activities.
Top 5 skills for the position:
- Strong analytical skills
- Excellent communication skills
- Ability to work well under pressure
- Expertise in finance and accounting principles
- Leadership and management skills
How to become this type of specialist?
To become an operations finance manager, you typically need a bachelor’s degree in finance, accounting, or a related field. Many employers also require a master’s degree, such as an MBA. You should also gain experience in finance and accounting through internships or entry-level positions. Additionally, you may need to obtain professional certifications, such as a Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA).
Average salary:
According to Glassdoor, the average salary for an operations finance manager in the United States is $102,000 per year. However, salaries can vary depending on factors such as location, industry, and years of experience.
Roles and types:
Operations finance managers can work in a variety of industries, such as healthcare, manufacturing, and finance. They may also hold different titles, such as financial analyst, finance manager, or director of finance. Some operations finance managers specialize in specific areas, such as risk management or financial planning and analysis.
Locations with the most popular jobs in USA:
Some of the top cities for operations finance manager jobs in the United States include New York, Chicago, Boston, San Francisco, and Los Angeles. These cities offer a range of opportunities in various industries, such as finance, healthcare, and technology.
What are the typical tools:
Operations finance managers use a range of tools to analyze financial data and manage financial operations. Some of the most common tools include financial software, such as QuickBooks or Oracle, as well as Microsoft Excel and PowerPoint. They may also use data visualization tools, such as Tableau, to create reports and dashboards.
In conclusion:
An operations finance manager plays a critical role in managing financial operations in a company. They must have a deep understanding of finance and accounting principles, as well as strong analytical and communication skills. With the right education, experience, and certifications, you can become an operations finance manager and enjoy a rewarding career in finance.