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Career Story: Finance Manager At A Credit Ratings Company

Finance Manager At A Credit Ratings Company

Job Title: Finance Manager

Education: BS in Architectural Studies, University of Utah •• MBA in Global Business, Pepperdine University

Previous Experience: lifeguard, waiter, English teacher, ski instructor, company founder, financial analyst, senior financial analyst

Job Tasks: My company provides credit ratings for corporations, cities, and governments.

My job requires me to work with people in all levels of the organization to provide financial data of revenue and expenses. I provide reports to the CFO and the company's board.

On a day to day basis I talk with vendors and approve invoices. I provide training to my subordinates on how to use our financial reporting systems. A key part of my job is understanding how technology manages financial data in order to provide financial insight.

For four or five months out of the year, I meet with all of the business managers in the company and go over their expenses for the year and develop a budget for the next year. Once the budget is consolidated globally, I provide the information for the board meeting. After the board meeting I then go back to the managers and tell them their targets for the year.

When I was hired I went through every vendor contract that the company had for databases and computer costs. I was responsible for understanding why we used these vendors and then to track the invoices on a monthly basis. If an invoice did not come in I would have to accrue for the invoice. The accruals were done in order to keep costs at an even level.

Best and Worst Parts of the Job: The best part of the job is that it does not require more than 40 hours of work a week. Working in New York city makes getting to work very convenient.

The worst part of the job is that a lot of my hours working are behind a computer using technology systems or in Microsoft Excel.

Job Tips:
1. If you want a career in business you need to get certification in Microsoft Office products (Word, Powerpoint, Excel).

2. You need to know how to communicate efficiently through email. There is a lot of time wasted trying to interpret the true meaning of someone's email.

3. Your work will required the highest level of exactitude

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