Finance Project Manager Job Description [Updated for 2025]

In the fast-paced world of finance, the role of a Finance Project Manager is more crucial than ever.

As businesses continue to evolve and expand, the demand for skilled professionals who can effectively manage, strategize, and safeguard a company’s financial projects keeps growing.

But what exactly is expected from a Finance Project Manager?

Whether you are:

• A job seeker trying to understand the intricacies of this role,
• A hiring manager looking to define the perfect candidate,
• Or simply curious about the inner workings of financial project management,

You’re in the right place.

Today, we present a customizable Finance Project Manager job description template, designed for easy posting on job boards or career sites.

Let’s dive right in.

Finance Project Manager Duties and Responsibilities

Finance Project Managers manage the financial aspects of projects, making sure that they are completed within budget and on time.

They do this by planning and estimating costs, setting the project budget, tracking project costs and making necessary adjustments, and reporting on project financial performance.

The following are the key duties and responsibilities of a Finance Project Manager:

• Create and implement financial plans for projects
• Analyze financial data and develop cost-effective solutions for a project
• Track and control project expenditure, ensuring that it stays within the allocated budget
• Prepare financial reports for stakeholders, providing updates on the project’s financial status
• Collaborate with project managers to develop project budgets and manage expenditures
• Identify potential financial risks and develop mitigation strategies
• Provide financial input on project scope, schedule, and resource allocation
• Ensure compliance with financial laws and guidelines
• Coordinate with finance department to ensure accurate accounting and tracking of project costs
• Manage procurement related to the project and negotiate contracts within budget constraints

 

Finance Project Manager Job Description Template

Job Brief

We are seeking a detail-oriented Finance Project Manager to oversee and coordinate financial projects within our organization.

The responsibilities include financial planning, budget management, financial risk management, and the creation of financial reports.

The ideal candidate will have a background in business, finance, or a related field, as well as excellent quantitative skills and attention to detail.

Ultimately, the Finance Project Manager is responsible for ensuring the successful completion of financial projects that align with the company’s financial objectives.

 

Responsibilities

• Coordinate and manage financial projects from inception to completion
• Develop and oversee project budgets
• Monitor project progress and make adjustments as necessary
• Create financial reports and deliver them to management
• Ensure compliance with financial regulations and standards
• Work closely with project stakeholders to ensure financial goals are met
• Identify financial risks and develop mitigation strategies
• Lead financial planning and forecasting activities
• Communicate financial information to non-financial team members
• Manage and develop team members involved in financial projects

 

Qualifications

• Proven work experience as a Finance Project Manager or similar role
• Strong understanding of financial management principles
• Excellent knowledge of data analysis and forecasting methods
• Proficient in the use of financial software
• Ability to strategize and solve problems
• Strong leadership and organizational skills
• Analytical mind with a strategic ability
• BSc/BA in accounting, finance, business administration, or relevant field; MSc/MA is a plus
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) is a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Finance Project Manager
• Work Environment: Office setting with options for remote work. Some travel may be required for meetings or client consultations.
• Reporting Structure: Reports to the Director of Finance.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $90,000 minimum to $150,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Finance Project Manager Do?

Finance Project Managers work primarily in the finance industry or finance department of various organizations.

They can also work as independent consultants.

Their main role is to plan, manage, and execute finance-related projects.

This can include projects related to mergers and acquisitions, budgeting and forecasting, financial modeling, risk management, and process improvement.

They work closely with other finance professionals, stakeholders, and sometimes with external vendors.

They are responsible for defining the project’s scope, setting deadlines, assigning tasks, and tracking project progress.

Finance Project Managers also conduct financial analysis, create financial reports, and present findings to key stakeholders.

They are expected to have a deep understanding of financial systems and processes, and they use their knowledge to make strategic recommendations.

In addition, they may be involved in training staff on new financial systems or processes implemented as part of the project.

They also troubleshoot any issues that arise during the project implementation and ensure the project is completed within the allocated budget and timeline.

Their ultimate goal is to ensure that the financial projects they manage are successful and add value to the organization.

This requires a combination of strong financial acumen, project management skills, and excellent communication abilities.

 

Finance Project Manager Qualifications and Skills

A Finance Project Manager should have the skills and qualifications that align with this role, including:

• Strong understanding of financial management principles to efficiently manage budgets, financial planning, and control costs.
• Excellent organizational skills to manage multiple projects at once, ensuring each one is on track and meets its deadlines.
• Superb analytical skills to interpret complex financial data and use it to inform strategic decisions.
• Exceptional communication and interpersonal skills to liaise between different departments, stakeholders, and team members, ensuring everyone is aligned on project goals and expectations.
• Problem-solving abilities to effectively identify and address issues that may arise during the course of a project.
• Proficient in financial software and project management tools for budgeting, scheduling, and reporting.
• Knowledge of accounting, corporate finance, and understanding of financial regulations and legislation.
• Leadership skills to manage and motivate a team, ensuring they are working effectively and meeting project deadlines.
• Bachelor’s degree in finance, business, or related field. A Master’s degree or certification in project management is preferred.

 

Finance Project Manager Experience Requirements

Entry-level Finance Project Manager candidates typically have at least 2 to 3 years of experience in a finance-related field, often gained through internships or entry-level roles such as Financial Analyst or Assistant Project Manager.

Relevant exposure to financial modeling, project management methodologies, and stakeholder management is crucial for this role.

Candidates with 3 to 5 years of experience often have a solid grounding in finance and project management, with a proven track record of managing financial projects or portfolios successfully.

They usually have a deep understanding of financial processes, budgeting, and risk management, with the ability to provide strategic financial insights and recommendations.

Candidates with more than 5 years of experience are typically expected to have leadership experience, with a history of managing teams and coordinating with various departments to ensure the smooth running of financial projects.

They should also have a strong command of financial software and tools, and should be capable of making high-level financial decisions.

Professional certifications such as Certified Project Management Professional (PMP) or Chartered Financial Analyst (CFA) are often desired by employers and can showcase a candidate’s commitment to their professional development in this field.

 

Finance Project Manager Education and Training Requirements

Finance Project Managers typically require a bachelor’s degree in Finance, Business, Accounting, or a related field.

They should have a solid understanding of financial principles, forecasting, budgeting, and financial software applications.

Strong mathematical skills, analytical thinking, and problem-solving abilities are crucial for this role.

Some positions, particularly those in larger corporations or with more complex projects, may require Finance Project Managers to have a master’s degree in Business Administration, Finance, or a related field.

Many employers prefer candidates who are certified as a Project Management Professional (PMP) or Certified Financial Planner (CFP), demonstrating their expertise and dedication to professional development.

Continuing education and staying updated on financial legislation, trends, and tools are also essential for Finance Project Managers.

 

Finance Project Manager Salary Expectations

A Finance Project Manager can expect to earn an average salary of $117,460 (USD) per year.

This salary can fluctuate depending on factors such as experience, qualifications, the size and type of the company, and the location of the job.

 

Finance Project Manager Job Description FAQs

What skills does a Finance Project Manager need?

Finance Project Managers should have strong financial and analytical skills to manage and forecast budgets accurately.

They should possess excellent leadership abilities to lead and manage project teams effectively.

Furthermore, they should have exceptional communication and interpersonal skills to liaise with stakeholders and present financial reports.

Proficiency in project management software and financial systems is also essential.

 

Do Finance Project Managers need a degree?

Yes, a bachelor’s degree in finance, business, or a related field is usually required for the role of a Finance Project Manager.

Some employers may prefer candidates with a master’s degree in business administration (MBA) or finance.

Professional qualifications like PMP (Project Management Professional) or CFA (Chartered Financial Analyst) can also be beneficial.

 

What should you look for in a Finance Project Manager resume?

A Finance Project Manager’s resume should highlight their education, financial expertise, and project management experience.

Look for specific finance projects they have managed and the outcomes of those projects.

Their resume should also demonstrate their ability to handle budgets, perform financial analysis, and manage financial risks.

Knowledge of financial software and project management tools should also be evident.

 

What qualities make a good Finance Project Manager?

A good Finance Project Manager is detail-oriented, with a keen eye for spotting discrepancies in financial data.

They have excellent problem-solving skills, allowing them to address financial risks and issues effectively.

They are good at multitasking and prioritizing, with an ability to manage multiple projects and tasks simultaneously.

Additionally, a good Finance Project Manager maintains high ethical standards and ensures compliance with financial regulations and standards.

 

Is it difficult to hire Finance Project Managers?

Finding the right Finance Project Manager can be challenging due to the combination of skills required.

In addition to financial expertise, they need to have project management skills, leadership qualities, and strong communication skills.

Therefore, a comprehensive recruitment strategy might be needed to attract and retain the right talent.

Offering competitive salaries, growth opportunities, and a positive work environment can help in attracting suitable candidates.

 

Conclusion

And there you have it.

Today, we’ve uncovered the intricate workings of a finance project manager’s role.

Surprise, surprise?

It’s not just about crunching numbers.

It’s about shaping financial futures, one budget at a time.

With our essential finance project manager job description template and real-life illustrations, you’re all set to make a career leap.

But why stop there?

Delve further with our job description generator. It’s your next stop for meticulously tailored job listings or for refining your resume to perfection.

Remember:

Every financial plan is part of a larger enterprise.

Let’s shape that future. Together.

How to Become a Finance Project Manager (Complete Guide)

The Financially Unfazed: Jobs That Resist Recession Pressures

The Aristocracy of Employment: The Most Prestigious Jobs

The Ultimate Unwind: Jobs Where Stress is Not in the Job Description

Who Said Making Money Has to Be Hard? Easy Jobs That Disagree!