Finance manager, other salary

The Role of Financial Manager, Other

A financial manager, often known in the industry as an accounting economist, plays a critical role in companies' finance departments. This position involves significant responsibility for overseeing and managing the company's financial reporting, budgeting, and sometimes financial analysis. The work requires a good understanding of financial principles and laws, attention to detail, and the ability to see larger financial contexts.

Salary Statistics for Financial Managers

The average salary for a financial manager is 41 200 SEK per month. There is a noticeable difference in salaries between genders in the profession, with men earning an average of 42 400 SEK and women 40 900 SEK. This means that women earn approximately 97% of what men do. The salary for a financial manager has increased from 39 900 SEK to 41 200 SEK since the last measurement, indicating a positive salary development in the profession.

Educational Paths and Qualifications

To qualify as a financial manager, an academic degree in economics is usually required, such as a bachelor's degree in business administration or equivalent. Many employers also prefer candidates to have relevant work experience or additional qualifications such as a master's degree or specific certifications in finance and accounting, such as a certified public accountant.

Skills and Experiences

In addition to academic credentials, practical experience is of great importance. Experience working in finance departments, especially in areas such as budgeting, financial reporting, and tax management, is highly valuable. Strong IT skills, especially in financial programs such as Excel and various business systems, are necessary to effectively manage and analyze financial data.

What to Consider

Those aspiring to the role of financial manager should be prepared for a demanding position with tight deadlines and high demands for accuracy. It is also important to have good communication skills as the role often involves reporting to and collaborating with company management and other departments.

Benefits in the Profession

Benefits vary among different companies but can include things like paid further education, which is valuable for professional development. Other benefits may include a company-paid mobile phone or contributions to a gym membership, promoting a balanced work environment and good employee health.