According to the Bureau of Labor Statistics, the field is expected to achieve average growth of 7 percent through 2024. The roles of financial managers can vary enormously. Finance Manager responsibilities and duties. Financial Manager Responsibilities: Prepare business activity reports, financial statements, and forecasts. Financial managers play a pivotal role in the success of companies. Financial managers play a vital role in the overall business functions of the company where he or she works for as the reports that will be coming from him or her will identify all the strategies and plans that a company can implement to boost more sales and assure that their financial standing will remain on its topmost condition. This job description assumes the latter view of the finance manager position. Financial managers have a complex and challenging job. Responsibilities. Position Description: Finance Manager. Financial managers may also be known as financial analysts or business analysts. Examples of Finance Manager responsibilities . Developing financial reporting systems. Financial Reporting Managers work most often for finance companies, insurance companies, and in management at larger business enterprises. Basic Function: The functions of the finance manager position can be considered identical to a treasurer position, or as a "light" treasurer who has additional analysis responsibilities that include support of the management team in a variety of operational decisions. Make sure financial legal requirements are met. The responsibilities and duties section is the most important part of the job description. Analyze market trends to discover business opportunities and maximize profits. Financial Reporting Manager Duties and Responsibilities In this lesson, you'll learn about the duties and responsibilities of financial managers. They analyze financial data prepared by accountants, monitor the firm’s financial status, and prepare and implement financial plans. 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