FINANCE MANAGER Interview Questions And Answers (How To Become A Finance Manager!)

Hi there, my name is Richard McMunn from the
Interview Training Company PassMyInterview.com. And in this tutorial, I will teach you how
to pass a finance manager interview. So it does not matter which organization you
are applying to become a finance manager for, this tutorial will make a huge difference
to your interview preparation. So please do stick around and watch it from
beginning to end. So, a very warm welcome to this interview
training tutorial. My name is Richard McMunn. That's me there in the centre. I've been helping people to pass interviews
for about 20 years now through this YouTube channel on my website PassMyInterview.com. And I do that by giving you unique, top scoring
answers to the interview questions that you can't find anywhere else! I've carried out lots of research and the
interview questions that are within this tutorial or the most common ones that get asked during
finance manager interviews.

Please do subscribe to the channel by clicking
the red button below the video, and then you won't miss out on any of the weekly training
videos I'm uploading. And I would also very much appreciate it if
I gave the video like. That always motivates me to create more content
for you. Thank you very much. So, in preparation for your finance manager
interview, we need to make sure you demonstrate a number of skills and attributes, and also
your ability to carry out a number of key duties and responsibilities. These include overseeing and assessing the
financial operations of the organization you're applying to join, including payroll expenses,
invoicing, work and company transactions. You will have to monitor the financial performance
of the company and provide regular reports and update in the form of presentations to
the senior management team members and directors. Conduct appraisals for all staff that you
are responsible for those people whom you are looking after within the finance team
or department. You'll also have to track the financial performance
of the company and look for ways to improve profitability; assess the financial risk,
and also arrange for auditing and company tax work to be completed by liaising with
external firms and auditors.

So within the answers that are coming right
now, I have ensured that all of those key skills and attributes are included within
the answers. So take notes and prepare for the following
finance manager interview questions. So the first question will be “Tell me about
yourself and while you make a good finance manager?” So, this will be the first interview question
at your finance manager interview. So we need to make sure it's rock solid, and
it is positive in nature and it demonstrates that you will make a good finance manager. Here's my suggested answer: “To work as
a Finance Manager, not only do you need to be passionate about working with accounts,
but you also need great attention to detail skills, a methodical and thorough approach
to all tasks and an ability to ensure the team you are managing, do everything to a
high standard.

I believe I have all of those attributes and
being some who is passionate about my work, I can be entrusted to meet your financial
organizational aims and objectives. I am extremely hard working, I take responsibility
for everything I do, and I can also be relied upon to monitor the day-to-day financial operations
whilst also ensuring all financial policies and procedures are adhered to by your company.” That’s a great answer! Its in-depth, gets you off to a flying start
during your finance manager interview. So, you can either take notes whilst I give
you these answers, or if you want to stick around I’ll say where you can download the
full set of my 20 finance manager interview questions as we progressed through the tutorial. So next question. So, “Why do you want to work for, or what
attracted you to our company?” And this is a guaranteed interview question
during your finance manager interview.

Here is my suggested answer. “The main thing that attracted me to your
company when I saw the position advertised, was the high standing you hold within your
industry. It is clear you are an organization who sets
high standards, something which is vital to the incoming Finance Manager. If I am successful, then I will have the peace
of mind I will be working as the Finance Manager for a company who will adhere by the rules,
support me in my role and also continually look for ways to improve the organizations
finances and their financial policies. So those are great reasons why you want to
work for their particular company, and I'm sure you agree with me, when you are working
as a finance manager, the standards have to be set very high! So you want to work for an organisation who
is going to support you in your role. That's very important. Next question: What will you bring to the
role of finance manager? And this might be asked in another way.

What are your key strengths? What makes you the ideal candidate? Here is my suggested answer to this question. “I believe I will bring three specific things
to the role. Firstly, I will bring sound financial knowledge,
an in-depth understanding and many years’ expertise from within the financial sector. Secondly, I will bring an ability to manage,
lead and inspire everyone within the finance team to carry out their duties in the best
interests of your company with the main focus on helping you to grow and thrive within your
industry. Thirdly, I will bring great attention to detail
and an insistence that everything financial must be completed to a very high standard. I feel quite strongly that, if you employ
me as your Finance Manager you will look back in 12 months’ time and view my appointment
as positive one.” Great answer to that question! Now I'm going to give you another two finance
manager interview questions.

Please do stick around and watch them because
they're tough questions and I've got some great answers for them. And if you want to download my full set of
20 finance manager interview questions, there’s a link that has appeared right there in the
top right hand corner of the video. If you click that, it will take through to
my website where you can find all of them. But before you do that, let's get onto the
next two questions. What is your understanding of the finance
manager role and are you ready for the challenge? So this is a common question during finance
manager interviews and it assesses whether you've actually read the job description. Do you know what they are looking for in terms
of the person specification? So here is my suggested answer.

A great answer to this question! “As your Finance Manager, I will be required
to monitor the day-to-day financial operations within the organization and ensure all payroll,
invoicing and other financial transactions are completed successfully and on time. I will also be required to oversee all finance
staff within the team, including financial assistants and accountants. Other responsibilities include facilitating
auditing, banking, assessing and minimizing financial risk, creating financial reports
and also advising the board of directors so they can make sound financial decisions in
the best interests of the company. It will also be my duty to ensure the company
adheres to all financial regulations, and I will be personally responsible for creating
financial policies and also keeping up-to-date with developments from within the financial
industry. I am one hundred percent ready for the challenge,
and having studied the person specification in detail, I have the necessary skills, qualities
and attributes to excel within the role.” Good answer to that question.

Next one, when making a decision that has
a wide impact across different parts of our organization, what factors would you consider? So as a finance manager, you will get to make
some important decisions in relation to the financial policies of the company. So they want to know what would you consider
when you were making those important decisions? Here's my sensible, intelligent answer to
this question. “I would first of all consider the impact
my decision would have on the organization as a whole, and also the specific individuals
it would affect. There would be times where the decisions I
would make as a Finance Manager would just need to be implemented, especially in respect
of financial conduct or regulation. However, prior to making important organizational-wide
decisions, I would conduct a consultation process, especially with senior managers to
decide how the decision or change would impact on them and their plans. My priority would always be the financial
health of the organization, and I would need to discuss important decisions with key individuals
first before implementing them.

My aim is to always work with people to make
their lives easier, not against them.” So that's a great answer because it shows
that you are not just going in gung-ho, to make changes because you are a finance manager. You are working in harmony with the directors,
the board of directors and the senior management team, and that's the kind of person I would
suggest they want to employ. So, you work together when making these decisions. So, if you’d like 20 finance manager interview
questions, click the link below the video.

Or if you go to my website, and I'll quickly
show you PassMyInterview.com. The link is below the video and it's also
in the comments section as well. Here's my 20 finance manager interview questions
that are all listed on the page. Take a look at them and prepare for all of
them. You can also download the answers, and there’s
some great tips for passing your finance manager interview, so do please read those! They are very important. So any questions? Put them in the comments section below. I'll be happy to answer them for you. Thank you for watching and I wish you all
the best in your pursuit to becoming a finance manager. Have a brilliant day!.

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