Description

Business advisory services managers are tasked with evaluating and overseeing a business's financial and investment plans and offering advice and strategies for maximizing profit. By examining a company’s financial statements, these managers can advise in terms of future investing, marketing, and potential funding opportunities and may use a series of technologies to compile and interpret this information. As such, they should have advanced computer software skills as well as strong analytical skills.

Interpersonal skills are important in this position to translate data into layman's terms for certain employees, and a great deal of networking is necessary to form strong working relationships with other coworkers. Business advisory services managers must also be able to work under pressure and tight deadlines, and many are expected to continue their education, as keeping up with current business or workplace trends is essential for the position.

A bachelor's degree in a business-related field and at least four years of work experience are generally required for this position, and business advisory services managers must also be adaptive to changing needs and schedules.

Roles & Responsibilities

As a Business Advisory Services Manager with 3-6 years of experience in Australia, your main responsibilities include:

  • Collaborate with clients to understand their business challenges and develop strategic solutions for improvement.
  • Lead and manage a team of consultants, providing guidance and support in delivering high-quality advisory services.
  • Conduct in-depth financial analysis and market research to identify opportunities for growth and optimization.
  • Develop and maintain strong client relationships, ensuring client satisfaction and identifying opportunities for upselling additional services.

Qualifications & Work Experience

For a Business Advisory Services Manager job role, the following qualifications are required:

  • Extensive experience in providing strategic business advice and guidance to clients, with a focus on identifying growth opportunities and mitigating risks.
  • Strong financial acumen and knowledge of accounting principles to analyze financial statements, assess profitability, and develop financial forecasts.
  • Excellent project management skills to oversee and execute advisory projects, ensuring timely delivery and client satisfaction.
  • Exceptional interpersonal and communication skills to establish and maintain relationships with clients, stakeholders, and team members, fostering collaboration and trust.

Essential Skills For Business Advisory Services Manager

1

Financial Management

2

Investment Skils

3

Business Planning

4

Business Strategy

Career Prospects

The role of a Business Advisory Services Manager is crucial in providing guidance and support to businesses. With 3-6 years of work experience in Australia, here are four alternative roles to consider:

  • Strategy Consultant: A position that involves assessing market trends, analyzing data, and developing strategic plans to support business growth and competitiveness.
  • Risk Manager: A role focused on identifying, assessing, and mitigating risks within an organization, ensuring compliance with regulations and implementing risk management strategies.
  • Business Development Manager: A position that involves identifying new business opportunities, building strategic partnerships, and developing sales strategies to drive revenue growth.
  • Project Manager: A role responsible for planning, executing, and monitoring projects, ensuring they are delivered on time, within budget, and meeting business objectives.

How to Learn

The job role of Business Advisory Services Manager in Australia is projected to experience significant growth in the market. According to a 10-year analysis, the demand for professionals in this role is expected to increase steadily. With the evolving business landscape and increasing complexity of operations, companies are relying on experts to provide strategic advice and guidance. Consequently, there will be numerous employment opportunities available for individuals in this field in the coming years. This growth is supported by data from Google, indicating a strong demand for Business Advisory Services Managers in the Australian job market.