ascx-begin clientid=ctl73 path=/Career/CareerProfile/CareerProfile.ascx
What They Do
About This Career
Directs financial activities, such as planning, procurement, and investments for all or part of an organization.
This career is part of the Finance cluster Business Finance pathway.
A person in this career:
- Evaluates needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Delegates authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Develops and maintains relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
- Monitors financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Receives, records, and authorizes requests for disbursements in accordance with company policies and procedures.
- Develops internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
- Coordinates and directs the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- Receives cash and checks and makes deposits.
- Prepares or directs preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
- Monitors and evaluates the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
Working Conditions and Physical Demands
People who do this job report that:
- You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
- Work in this occupation requires being inside most of the time
- Work in this occupation involves sitting more than one-third of the time
Working in this career involves (physical activities):
- Seeing clearly up close
- Speaking clearly enough to be able to be understood by others
- Identifying and understanding the speech of another person
Work Hours and Travel
Specialty and Similar Careers
Careers that are more detailed or close to this career:
- Comptroller — Supervises income and expenditures, keeping track of all incoming and outgoing money.
- School Treasurer
- Corporate Controller
- Treasury Consultant
- Regional Controller
- Corporate Treasurer
Every year the U.S. Department of Labor conducts national surveys of wage data by occupation in every state and in all industry divisions. These surveys are conducted through the Occupational Employment Statistics (OES) program.
The statistics collected for one year are published the next fall. For example, 2013 wage information was published in the fall of 2014.
There are over 800 occupations in the surveys, and these occupations cover the entire U.S. labor market. The surveys ask for reports in a scale of ranges for both hourly wages and annual wages.
In many cases, these occupations are broad enough to cover many more detailed specialties of an occupation. A specific occupation may be included in a broader occupational category for which labor market data is available. When you look at the statistics for a broad category, be aware that the salary data for a specific career may differ.
For more details about how wage information is collected and calculated by the U.S. Department of Labor, visit their website at http://www.bls.gov/bls/blswage.htm.
Every year the U.S. Department of Labor conducts a national survey of over 400,000
employers in every state and in all industry divisions. This survey is conducted
through the Occupational Employment Statistics (OES) program. Every other year the
department publishes outlook information based on these surveys.
Each outlook period covers 10 years. For example, in 2003 the outlook information
was published for 2004-2014. Employers are asked to report the number of employees
in about 770 different occupations that cover the entire U.S. labor market.
From this information, staffing patterns for different industries are established.
Industry growth is projected into the future based on past trends and current economic
conditions. Industry staffing patterns are then applied to the industry projections
to obtain occupational projections.
In many cases, these occupations are broad enough to cover many more detailed specialties
of an occupation. A specific occupation may be included in a broader occupational
category for which labor market data is available. When you look at the statistics
for a broad category, be aware that the employment data for a specific field may
differ.
For more details about how employment information is collected and calculated by
the U.S. Department of Labor, visit their website at http://stats.bls.gov/news.release/ocwage.tn.htm.
ascx-end /Career/CareerProfile/CareerProfile.ascx