Typical work activities
Providing and interpreting financial information, monitoring and interpreting cash flows and predicting future trends, analysing change and advising accordingly, formulating strategic and long-term business plans, researching and reporting on factors influencing business performance, analysing competitors and market trends, developing financial management mechanisms that minimise financial risk, conducting reviews and evaluations for cost-reduction opportunities, managing a company's financial accounting, monitoring and reporting systems.
Salary and Conditions
Starting salaries in the banking and finance sector are as high as £35,000, rising to £45,000 in the investment banking sector. Typical salaries for newly qualified accountants in public service and not-for-profit agencies range between £35,000 and £40,000. Typical salaries for experienced financial managers (ten years plus) in commerce and industry range between £65,000 and £95,000+.