Financial Accounts Managers

Financial accounts managers manage client accounts or departments within financial institutions (such as banks and insurance companies) or manage a variety of financial accounts within other organisations.

Wages

New workers
AVERAGE
Experienced
£ 18,540
£ 37,527
£ 76,205

Available jobs

In the past year there were 181,926 vacancies for this type of job

Related courses

People work towards these careers by taking these courses at college and uni.

What they do most days?

  • Carries out and/or supervises general accounting and administrative work.

  • Establishes terms of credit and ensures timely payment by customer, renegotiates payment terms and initiates legal action to recover debts if necessary.

  • Checks customers’ credit rating with banks and credit reference agencies, and decides whether to offer credit.

  • Manages teams handling insurance claims.

  • Takes responsibility for the efficient and effective operation of several business accounts.

  • Develops and manages business accounts to increase sales of financial products.

Hard Skills

Hard skills are specific, learnable, measurable, often industry or occupation-specific abilities related to a position.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Finance

  • Accounting

  • Auditing

  • Financial Statements

  • Account Management

  • Key Performance Indicators (KPIs)

  • Invoicing

  • Marketing

  • Reconciliation

  • Financial Management

Soft Skills

Soft skills can be self-taught and usually do not necessitate a certain completed level of education.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Management

  • Communication

  • Sales

  • Forecasting

  • Budgeting

  • Customer Service

  • Operations

  • Leadership

  • Detail Oriented

  • Planning

How do I get a job like this?

People in these types of job started their career paths after studying courses like the ones below.