Financial managers are responsible for overseeing the finances of major companies and agencies. They coordinate accounting, produce financial reports and cash flow statements, and help other members of their organizations understand complex reports. This requires strong communication skills in addition to expertise with numbers. Some key qualifications for becoming a financial manager include obtaining a degree in a relevant field from a university like ISCTE Business School in Lisbon. Financial managers typically work full time and can earn a salary between 18,000 and 69,000 euros per year.
Financial managers are responsible for overseeing the finances of major companies and agencies. They coordinate accounting, produce financial reports and cash flow statements, and help other members of their organizations understand complex reports. This requires strong communication skills in addition to expertise with numbers. Some key qualifications for becoming a financial manager include obtaining a degree in a relevant field from a university like ISCTE Business School in Lisbon. Financial managers typically work full time and can earn a salary between 18,000 and 69,000 euros per year.
Financial managers are responsible for overseeing the finances of major companies and agencies. They coordinate accounting, produce financial reports and cash flow statements, and help other members of their organizations understand complex reports. This requires strong communication skills in addition to expertise with numbers. Some key qualifications for becoming a financial manager include obtaining a degree in a relevant field from a university like ISCTE Business School in Lisbon. Financial managers typically work full time and can earn a salary between 18,000 and 69,000 euros per year.
Financial managers are responsible for overseeing the finances of major companies and agencies. They coordinate accounting, produce financial reports and cash flow statements, and help other members of their organizations understand complex reports. This requires strong communication skills in addition to expertise with numbers. Some key qualifications for becoming a financial manager include obtaining a degree in a relevant field from a university like ISCTE Business School in Lisbon. Financial managers typically work full time and can earn a salary between 18,000 and 69,000 euros per year.
Financial managers have the responsibility of overseeing the finances of major companies, agencies and everything in between. Along with their teams, they coordinate accounting and produce financial reports, cash-flow statements (the cash flow statement is concerned with the flow of cash in and out of the business) and profit projections. Aside from working with numbers, financial managers must also help other members of their organization understand their complex reports, which requires significant communication skills
What are the qualifications?
To follow financial management, it is necessary to have a degree, but you can`t sign all the papers, while if you have a PhD you can sign everything and you don`t need a boss to sign them. One of the best universities in Portugal at the moment to follow the management is ISCTE Business School, in Lisbon. Hours of work: Financial manager is a full time job so work 40 hours for week. Salary: In this job we can earn between 18000 and 69000 per year, that is, between 1500 and 6000 per month. Why this is my dream job? Maria: My dream job is to be a financial manager because I can help companies develop and earn money and create new projects. Mariana: I want to be a financial manager because the salary is good and I even like math. Ana: my dream job is to be a financial manager because I am very good at math and I like helping my colleagues with math. Skills: The skills needed for this job are being good with numbers, being good at communicating and negotiating, being ambitious, responsible, team work and organized. Curiosities
One of the biggest frauds ever committed was by Bernard
Lawrence Madoff. The fraud is suspected to have reached $ 65 billion, being one of the biggest frauds of all time. Bernie Madoff was arrested in 2008, after confessing to his sons, Mark and Andrew, that his business was a lie. On the same day, the two sons reported the father to American justice. He was sentenced to 150 years in prison and to pay 117 million dollars. He is now imprisoned for 11 years in a federal prison in Butner, North Carolina
One of the best managers is Ray Dalio
Raymond Dalio, born on August 8, 1949, is an American billionaire investor The manager founded Bridgewater Associates and made it one of the largest hedge funds in the world with a new management style. Dalio is the founder, co-president and co-director of investments at the investment firm Bridgewater Associate. Bloomberg ranked him as the 79th richest person in the world in February 2020. Its net worth is $ 18.7 billion What is a hedge fund? The term hedge fund is one of the most talked about financial terms in the world of investors. Hedge Funds are a type of private investment fund accessible only to a limited number of people, since the minimum capital to invest is very high. The objective of hedge fund managers is to obtain much higher benefits than traditional investment funds and at the same time do not want to be dependent on a market. While investors can make above average gains, Hedge Funds are considered risky and, so, only a few investors choose to invest money. A middle class person can lose all her savings from a lifetime of work by investing in a hedge fund.
Who are the best in Portugal?
Between the best Portuguese financial managers, we have Rui Paiva, who is a businessman and technology executive. In 2001, Rui Paiva co-founded and became CEO of WeDo Technologies. Rui also holds an executive and advisory position at Sonae, a technology investment company, part of the SONAE Group.