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 20141st Qtr$67.73$44.15$60.07$0.00

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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 9628.9%
Depository Credit Intermediation 9,8586.6%
Accounting and Bookkeeping Services 25,0043.5%
Insurance Carriers 5,4702.8%
Computer Systems Design and Rel Services10,0462.7%
Nondepository Credit Intermediation 14,3922.7%
Management & Technical Consulting Svc 30,0542.4%
Architectural and Engineering Services 22,8762.0%
Office Administrative Services 2,1642.0%
Other Financial Investment Activities 18,9851.9%
Motion Picture and Video Industries 6,6041.6%
Elementary and Secondary Schools 17,3871.5%
Scientific Research and Development Svc 6,1701.5%
Automobile Dealers 8,6091.5%
Computers and Peripheral Equipment 4761.5%
Activities Related to Real Estate 7,1401.4%
Insurance Agencies, Brokerages & Support30,1101.4%
Electronic Instrument Manufacturing 1,0941.2%
Security & Commodity Investment Activity1,3951.2%
Semiconductor and Electronic Components 1,7261.2%
General Medical and Surgical Hospitals 1,6751.1%
Employment Services 6,7261.0%

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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

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About This Occupation (from O*NET - The Occupation Information Network)[Top]
Top Tasks (Specific duties and responsibilities of this job.)
Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
Advise management on short-term and long-term financial objectives, policies, and actions.
Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.

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.
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures.
Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
Speaking - Talking to others to convey information effectively.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

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.)
Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
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.
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.
Written Expression - The ability to communicate information and ideas in writing so others will understand.
Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
Near Vision - The ability to see details at close range (within a few feet of the observer).
Oral Expression - The ability to communicate information and ideas in speaking so others will understand.

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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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