Financial managers and directors

Average National Salaries (2020)

What does this career do?

Financial managers and directors plan, organise, direct and co-ordinate financial information and advise on company financial policy.

Typical tasks

• participates in the formulation of strategic and long-term business plans, assesses the implications for the organisation financial mechanisms and oversees their implementation
• plans external and internal audit programmes, arranges for the collection and analysis of accounting, budgetary and related information, and manages the company’s financial systems
• determines staffing levels appropriate for accounting activities
• assesses and advises on factors affecting business performance.

Current entry requirements

There are no pre-set entry standards, although entry is most common with a relevant degree or equivalent qualification. Professional qualifications are available and are required for certain posts.

Percentage in work

• Employed

• Unemployed

Due to insufficient sample sizes, some data was excised.

Predicted employment status in 2022

• Full-time

• Part-time

• Self Employed

Predicted employment levels in the East Midlands

Career related courses available at West Notts

• AAT Certificate in Accounting (Blended Learning) - Level 2
• AAT Diploma in Accounting (Blended Learning) - Level 3
• AAT Professional Diploma in Accounting - Level 4
• AAT Drafting and Interpreting Financial Statements - Level 4
• AAT Personal Tax - Level 4
• AAT Applied Management Accounting - Level 4
• AAT Internal Accounting Systems and Controls - Level 4
• AAT Assistant Accountant - Advanced Apprenticeship - Level 3
• AAT Professional Accounting Technician - Higher Apprenticeship - Level 4
• Maths A Level - Level 3

About the statistics

Data is powered by LMI for All and is sourced from labour market statistics from the Office for National Statistics (ONS), the Institute for Employment Research, the Department for Works and Pensions, and the UK Commission for Employment and Skills.