Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Tasks
- 17 tasks6 core, 11 supplemental
- Family
- ManagementOne of its 59 occupations
- Code
- 11-3031.00SOC 2018: 11-3031
What the work is made of
6 core tasks and 11 supplemental, each quoted as published, with the survey it came from.
Core: central to the jobSupplemental: done by some, not all
- Task 1. Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.Core taskTask 21311Rated by 61 people who do the job, August 2022
- Task 2. Oversee the flow of cash or financial instruments.Core taskTask 21319Rated by 60 people who do the job, August 2022
- Task 3. Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.Core taskTask 21312Rated by 61 people who do the job, August 2022
- Task 4. Recruit staff members.Core taskTask 21313Rated by 60 people who do the job, August 2022
- Task 5. Evaluate data pertaining to costs to plan budgets.Core taskTask 21315Rated by 59 people who do the job, August 2022
- Task 6. Oversee training programs.Core taskTask 21316Rated by 61 people who do the job, August 2022
- Task 7. Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.Supplemental taskTask 21327Rated by 61 people who do the job, August 2022
- Task 8. Communicate with stockholders or other investors to provide information or to raise capital.Supplemental taskTask 21322Rated by 61 people who do the job, August 2022
- Task 9. Develop or analyze information to assess the current or future financial status of firms.Supplemental taskTask 21321Rated by 61 people who do the job, August 2022
- Task 10. Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.Supplemental taskTask 21318Rated by 61 people who do the job, August 2022
- Task 11. Prepare financial or regulatory reports required by laws, regulations, or boards of directors.Supplemental taskTask 21320Rated by 61 people who do the job, August 2022
- Task 12. Examine, evaluate, or process loan applications.Supplemental taskTask 21317Rated by 61 people who do the job, August 2022
- Task 13. Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions.Supplemental taskTask 21323Rated by 60 people who do the job, August 2022
- Task 14. Network within communities to find and attract new business.Supplemental taskTask 21325Rated by 61 people who do the job, August 2022
- Task 15. Prepare operational or risk reports for management analysis.Supplemental taskTask 21314Rated by 61 people who do the job, August 2022
- Task 16. Review collection reports to determine the status of collections and the amounts of outstanding balances.Supplemental taskTask 21326Rated by 61 people who do the job, August 2022
- Task 17. Review reports of securities transactions or price lists to analyze market conditions.Supplemental taskTask 21329Rated by 61 people who do the job, August 2022
Where this comes from
Quoted from the U.S. Department of Labor, and credited. Nothing on this page is written by us.
How we copy and credit sources- Published byO*NET 29.0, U.S. Department of LaborEmployment and Training Administration
- ClassificationStandard Occupational Classification 2018, 11-3031
- LicenseCC BY 4.0Free to copy and reuse, with credit
- Changed by usNothing.
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