Senior Finance Manager: Recruitment guide

Find out what skills and capabilities you should be looking for when hiring a Senior Finance Manager that’ll make a difference to your business.

According to Chartered Accountants Australia and New Zealand's CA Capability model, a Senior Finance manager candidate should possess skills and capabilities listed in the checklist below. The CA Capability model was developed to inform and guide the accounting profession after extensive academic research and consultation with the profession in Australia and New Zealand.

Leadership

The candidate should have the experience to:

  • Use tools, methodologies and models to improve process flexibility and organisational responsiveness
  • Communicate and explain changes in terms of benefits for the individual, team and organisation
  • Have an optimistic perspective to motivate others and inspire contribution to team objectives
  • Work with staff to set learning and development plans that support individual development and address priority organisational needs
  • Balance short-term concerns and financial responsibilities (e.g. cash, liquidity, profitability) with longer term strategies
  • Review the internal and external environment and monitor risk exposure of accounting and finance activities

Business

The candidate should have the skills to:

  • Instil confidence through open discussions, meetings and feedback sessions
  • Plan and coordinate allocation of team responsibilities and activities
  • Participate in cross-functional initiatives and encourage team to cultivate relationships across the organisation
  • Deal effectively with issues, problems and conflicts
  • Review technological skills and capabilities required by a team to undertake job duties
  • Use financial analysis tools, techniques and algorithms to analyse complex data and visualise results

Technical

The candidate should have the skills to:

  • Evaluate the financial position of the organisation
  • Contribute to risk management frameworks to mitigate finance risk
  • Advise on the use of automated tools, including data analytics, artificial intelligence and techniques to improve audit quality and efficiency
  • Advise on mergers and acquisitions
  • Explain the regulatory environment to staff and show awareness of the codes of professional conduct for the finance industry
  • Advise on disclosure requirements

Personal

The candidate should have the ability to:

  • Maintain an acute awareness of personal integrity and the underpinning values, beliefs, motivations and attitudes guiding decisions
  • Recognise and manage potential breaches of confidentiality, privacy or conflicts of interest
  • Analyse and prioritise complex interests or issues
  • Engage with team members to collectively learn from mistakes or setbacks
  • Recruit and retain people from diverse backgrounds