Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress. They must ensure that all projects meet established deadlines. They must conduct performance evaluations in a timely manner and provide timely feedback to their staff. They must have prior management or supervisory experience in the same industry. They must have strong leadership and interpersonal skills. They must have excellent oral and written communication skills. They must be able to build strong teamwork. They must be comfortable making presentations and leading various staff meetings. They must have a bachelor’s degree in finance, management, accounting, business administration, or other relevant fields. Some employers prefer that candidates have CPA certifications and/or MBAs. They must have strong analytical skills. They must be familiar with Microsoft Office suite and their organization's computer system. They must have a high degree of proficiency in working with various financial applications and reporting tools.

The finance manager role in Hong Kong is projected to experience significant growth in the market. According to a 10-year analysis, the demand for finance managers has been steadily increasing, indicating ample employment opportunities in the future. The strong financial sector of Hong Kong, coupled with the city's status as a major international financial hub, contributes to the growth of this position. With access to the latest data points from Google, it can be concluded that pursuing a career as a finance manager in Hong Kong holds promising prospects in terms of job availability and market growth.

How to Learn

As a Finance Manager with 3-6 years of experience in Hong Kong, your main responsibilities include:<ul><li> Managing financial planning and analysis, including budgeting, forecasting, and financial reporting.</li><li> Overseeing financial operations, including accounts payable and receivable, cash flow management, and financial controls.</li><li> Conducting financial analysis and providing recommendations to improve profitability and cost efficiency.</li><li> Collaborating with cross-functional teams to support strategic decision-making and ensure compliance with financial regulations and policies.</li></ul>

Roles & Responsibilities

Average take home Salary for a Finance Manager in Hong Kong is around HK$573491 per year

Salary Breakup

Finance managers create and oversee departmental budgets. They create relevant financial forecasts for their business. They collaborate with other managers and staff members to determine the company's budget for the future. The department monitors the ongoing expenses to ensure that they do not exceed the budget. They request appropriate managers for clarification if departmental expenses exceed the budget they have established. They are accountable for the accurate and timely reporting of different. They are responsible for the management of different projects and assign the responsibility to their employees. They communicate with their staff on the progress of their projects.

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Finance Manager

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