Sample 1 - State of California

Occupation Profile


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Financial Managers
(SOC Code : 11-3031)
in California

Plan, direct, and coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Employers are usually looking for candidates with a Work experience, plus bachelor's or higher degree .

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Occupational Wages[Top]
AreaYearPeriodHourly MeanHourly by Percentile
25thMedian75th
California 20121st Qtr$65.36$42.69$58.41$79.98

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Occupational Projections of Employment (also called "Outlook" or "Demand")[Top]
 AreaEstimated Year-Projected YearEmploymentEmployment ChangeAnnual Avg Openings
EstimatedProjectedNumberPercent
California 2010 - 202069,60079,0009,40013.52,210

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Job Openings from JobCentral National Labor Exchange[Top]
 
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Within  miles of Zip Code.


Industries Employing This Occupation (click on Industry Title to View Employers List)[Top]
Industry Title
Number of Employers in State of California
Percent of Total
Employment for Occupation in State of California
Management of Companies and Enterprises 9148.9%
Depository Credit Intermediation 9,6516.6%
Accounting and Bookkeeping Services 24,3633.5%
Insurance Carriers 4,7632.8%
Computer Systems Design and Rel Services9,9332.7%
Nondepository Credit Intermediation 14,0622.7%
Management & Technical Consulting Svc 28,2222.4%
Architectural and Engineering Services 23,2112.0%
Office Administrative Services 2,1982.0%
Other Financial Investment Activities 18,1511.9%
Motion Picture and Video Industries 6,3381.6%
Elementary and Secondary Schools 17,9851.5%
Scientific Research and Development Svc 5,7421.5%
Automobile Dealers 8,1341.5%
Computers and Peripheral Equipment 5091.5%
Activities Related to Real Estate 7,4641.4%
Insurance Agencies, Brokerages & Support28,6821.4%
Electronic Instrument Manufacturing 1,0431.2%
Security & Commodity Investment Activity1,5631.2%
Semiconductor and Electronic Components 1,7591.2%
General Medical and Surgical Hospitals 1,3931.1%
Employment Services 6,2971.0%

About Staffing Patterns
 

Training Programs (click on title for more information)[Top]
Program Title
Accounting and Business/Management
Accounting and Finance
Credit Management
Finance and Financial Management Services, Other
Finance, General

About Training & Apprenticeships
 

About This Occupation (from O*NET - The Occupation Information Network)[Top]
Top Tasks (Specific duties and responsibilities of this job.)
Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
Monitor financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.
Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities.

More Tasks for Financial Managers , More Tasks for Treasurers, Controllers, and Chief Financial Officers , More Tasks for Financial Managers, Branch or Department


Top Skills used in this Job
Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking - Talking to others to convey information effectively.
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

More Skills for Financial Managers , More Skills for Treasurers, Controllers, and Chief Financial Officers , More Skills for Financial Managers, Branch or Department


Top Abilities (Attributes of the person that influence performance in this job.)
Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
Speech Clarity - The ability to speak clearly so others can understand you.
Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
Written Comprehension - The ability to read and understand information and ideas presented in writing.
Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
Written Comprehension - The ability to read and understand information and ideas presented in writing.
Written Expression - The ability to communicate information and ideas in writing so others will understand.

More Abilities for Financial Managers , More Abilities for Treasurers, Controllers, and Chief Financial Officers , More Abilities for Financial Managers, Branch or Department


Top Work Values (Aspects of this job that create satisfaction.)
Working Conditions - Occupations that satisfy this work value offer job security and good working conditions.
Achievement - Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment.

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Top Interests (The types of activities someone in this job would like.)
Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

More Interests for Financial Managers , More Interests for Treasurers, Controllers, and Chief Financial Officers , More Interests for Financial Managers, Branch or Department


Alternate Titles
Account Managers; Banking Center Managers; Consumer Loan Managers; Finance Directors; Financial Administrators; Fiscal Managers; and Investment Officers
 
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