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| Financial information systems |
| Examples of
job titles:
Financial
systems analyst-
Financial
systems implementation consultant
Description
Financial
information systems
are software packages that manage, record, process and distribute financial
information within an organization. Analysts and financial systems consultants
implement, maintain, develop and control them.
Typical tasks
-
Implement,
optimize and make financial information systems operational
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Train
users during implementation, then while setting up new functionalities
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Ensure the
integrity of data and the accuracy of information
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Make sure
financial policies are observed and see to their application in the systems
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Make
recommendations to improve the functionalities and financial processes
Education and
skills
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University education in accounting, finance,
or information technology
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Practical
experience in a finance department
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Excellent
knowledge of financial systems (e.g. Accpac, Dynamics, Great Plains,
SAP, Oracle, JD Edwards)
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Good
knowledge of theories and
generally accepted accounting principles
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Project
management skills
Qualities
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Analytical
skills
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Organizational skills, thoroughness and eye for detail
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Communication skills
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Team worker
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Diplomacy
Typical
career path
Financial
systems analyst => Financial systems manager
Financial
systems experts generally specialize in their field, with passage to general
accounting more rare.
Salary
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Analysts
– Large companies
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Manager =
$70,500 – $92,750
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Senior
analyst = $54,750 – $75,750
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1 to 3
years of experience = $42,750 – $54,000
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Up to 1
year of experience = $34,750 – $42,000
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Analysts
– Small and medium-sized companies
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Manager =
$60,000 – $82,750
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Senior
analyst = $49,000 – $64,500
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1 to 3
years of experience = $39,750 – $50,250
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Up to 1
year of experience = $34,000 – $40,000
(Source:
2006 Salary Guide / Robert Half International)
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