New York City, the financial hub of the United States, is a thriving metropolis with a high demand for skilled finance managers. This article provides an in-depth overview of finance manager jobs in New York City, including salary ranges and a detailed job description.
Salary Overview
Finance manager salaries in New York City vary based on factors such as industry, company size, experience, and qualifications. Here are approximate salary ranges:
– Entry-Level Finance Manager (0-3 years): $80,000-$120,000 per year
– Senior Finance Manager (4-7 years): $120,000-$180,000 per year
– Financial Planning and Analysis (FP&A) Manager (8-12 years): $180,000-$250,000 per year
– Financial Controller (13+ years): $250,000-$350,000 per year
Job Description
Key Responsibilities:
- Financial Planning: Develop financial plans and budgets.
- Financial Analysis: Analyze financial data and provide insights.
- Financial Reporting: Oversee financial reporting and compliance.
- Investment Management: Manage investments and funding.
- Risk Management: Identify and mitigate financial risks.
- Financial Modeling: Develop financial models and forecasts.
- Stakeholder Management: Communicate with stakeholders and management.
Requirements:
- Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA certification preferred.
- Experience: Minimum 3-5 years of finance experience.
- Language Skills: Fluency in English.
- Technical Skills: Proficiency in financial software, such as Excel, Bloomberg, or Thomson Reuters.
- Soft Skills: Strong leadership, communication, and problem-solving abilities.
Industry-Specific Requirements:
- Financial Services: Knowledge of financial markets and instruments.
- Healthcare: Understanding of medical accounting and billing.
- Technology: Familiarity with software development and project management.
Career Path and Progression:
- Financial Analyst: Finance Manager, Financial Planning and Analysis (FP&A) Manager.
- Finance Manager: Financial Planning and Analysis (FP&A) Manager, Financial Controller.
- Financial Planning and Analysis (FP&A) Manager: Financial Controller, Head of Finance.
Challenges and Opportunities:
- Regulatory Complexity: Navigate complex regulatory environment.
- Economic Volatility: Manage financial risks amidst economic uncertainty.
- Growth Opportunities: Identify emerging opportunities in finance.
- Talent Development: Attract and retain top finance talent.
Skills Required:
- Financial planning and analysis
- Financial reporting and compliance
- Investment management and funding
- Risk management and mitigation
- Financial modeling and forecasting
- Stakeholder management and communication
- Leadership and team management
- Analytical and problem-solving skills
Average Salary Growth Rate: 12-18% per annum
Job Satisfaction Rate: 9/10
Conclusion:
Finance manager jobs in New York City offer challenging and rewarding career opportunities. With competitive salaries and growing demand, New York City is an attractive destination for finance professionals.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
