Skills and knowledge of a financial manager

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maksudasm
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Joined: Thu Jan 02, 2025 7:11 am

Skills and knowledge of a financial manager

Post by maksudasm »

Required skills and abilities (may vary from job to job):

Ability to maintain management records (structure information).

Understanding how an investment portfolio is formed. Since the basis of a manager's work is investments, this is indispensable.

Practice in asset management and knowledge of key schemes for their application.

Knowledge of the basics of doctor data package accounting and an understanding of how to interact with analytical summaries, with where you will get the information from.

Experience with Big Data. This program is needed to conduct investment analysis, so it is desirable to know at least basic aspects. The same can be said about Python.

Knowledge of economics. Without this, you can’t even start investing. This is the reason why higher education is required. Among the mandatory aspects, we can highlight foreign economic activity, macro- and microeconomics.

Skills and knowledge of a financial manager

Additional competencies of a financial manager
With high fees for work, specialists often have a number of skills that improve the result:

Good knowledge of foreign languages, including English. This will give you the opportunity to receive a large reward and always be aware of the latest trends, and the doors of foreign markets will open for you.

Diplomacy and the ability to negotiate, establish contact with partners.

Perfect knowledge of MS Excel. Basically, only 1/10 is used, even despite the simplicity of the process with the software.

Experience or education in tax, accounting or auditing. Required to properly understand the state of the enterprise.

Knowledge of work according to international financial standards is useful. A huge number of Russian companies operate according to them now. For further work, they need people who are able to prepare reports and consolidate. It turns out that without an understanding of IFRS, it will be difficult to get a position as a financial manager.


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