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What does a Financial Administrator do?

Learn all about Financial Administrator duties, skills and much more. Get expert advice on how to become a Financial Administrator.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A financial administrator is responsible for the financial planning and management of an organization. They develop and implement financial policies, prepare and monitor budgets, and oversee accounting and investment activities. Financial administrators also work with other departments to ensure that the organization's financial goals are met.

Financial Administrator job duties include:

  • Maintaining financial records
  • Preparing financial reports
  • Administering payroll
  • Managing budgets
  • Forecasting income and expenditure
  • Conducting audits
  • Liaising with financial institutions
  • Negotiating loans and other forms of credit
  • Supervising junior members of staff

Financial Administrator Job Requirements

A financial administrator typically needs at least a bachelor's degree in finance, accounting, business administration, or a related field. Many employers also require financial administrators to have experience working in accounting or finance. Some organizations may require financial administrators to be certified public accountants (CPAs).

Financial Administrator Skills

  • Budgeting
  • Financial forecasting
  • Cash flow management
  • Risk management
  • Financial analysis
  • Decision making
  • Organizational skills
  • Communication skills
  • Interpersonal skills
  • Time management
  • Negotiation skills

Related: Top Financial Administrator Skills: Definition and Examples

How to become a Financial Administrator

The role of a financial administrator is to oversee the financial operations of an organization. They are responsible for the development and implementation of financial policies, procedures, and controls. They also prepare financial reports, monitor cash flow, and manage investments. Financial administrators typically have a bachelor's degree in accounting or finance. Some organizations may require certification as a Certified Public Accountant (CPA) or Certified Financial Planner (CFP).

Related: Financial Administrator Resume Example

Related: Financial Administrator Interview Questions (With Example Answers)