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



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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!