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Finance Manager Interview Questions

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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Whether you are preparing to interview a candidate or applying for a job, review our list of top Finance Manager interview questions and answers.

  1. What education, training, and certifications do you have as a finance manager? See answer
  2. Why did you decide to pursue a career in financial management? See answer
  3. What do you think are the most important finance manager skills? See answer
  4. What financial software are you familiar with? See answer
  5. Describe a time you prepared several financial reports under a strict deadline. See answer
  6. How do you avoid errors when recording and examining financial documents? See answer
  7. How do you motivate your team as a finance manager? See answer
  8. Imagine a teammate made a mistake in a financial report. How would you handle the situation? See answer
  9. How would you describe your management style? See answer
  10. How would you ensure compliance with tax laws and other financial regulations? See answer
  11. Imagine upper management disagreed with you on a financial strategy. How would you handle the situation? See answer
  12. How would explain swap contracts to a non-technical CEO? See answer
  13. Why do you want to work here as a finance manager? See answer
  14. What’s your financial strength as a finance manager?
  15. Do you think a cash flow statement can explain a company’s financial health?
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Our mission

Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

Read our editorial guidelines

15 Finance Manager Interview Questions and Answers

What education, training, and certifications do you have as a finance manager?

The goal of this question is to find out more about a candidate's qualifications. It also helps you determine whether their background aligns with your company's requirements. What to look for in an answer:

  • University degree in finance or related fields
  • Positive attitude to learning
  • Relevant training and certification

Example:

"I earned a bachelor's degree in economics and a master's degree in business administration from the University of Alberta. I also became a certified financial planner (CFP) six years ago. During my undergraduate, I interned at various accounting firms and learned how to analyse financial reports. I'm confident my educational background and certifications make me a good candidate for this role."

Why did you decide to pursue a career in financial management?

Financial management can be a high paying career. By asking this question, you can find out what interests a candidate besides the pay. What to look for in an answer:

  • What motivates a candidate
  • Drive to achieve financial goals
  • Passion for managing back-office financial operations

Example:

"I became a finance manager because I've always loved the idea of using financial data and reports to make financial decisions. I've always been good with numbers and leading others to reach goals. When I got to high school, I joined the finance club, and I enjoyed competing in teams to determine who had a better financial strategy. I knew a career in financial management was perfect for me after graduation. I'm confident I made the right choice because I love my job."

What do you think are the most important finance manager skills?

Finance managers need both hard and soft skills to oversee an organisation's financial health. Asking this question helps you determine whether a candidate understands the important skills for a finance manager. It also gives you insights into how a candidate obtained these skills. What to look for in an answer:

  • Attitude to learning and work
  • Desire to improve skills
  • Relevant financial management skills to stand out

Example:

"I think a finance manager must know how to improve productivity and lead other financial professionals to reach a shared goal. Problem-solving, technological, communication, analytical, and organisational skills are also important. I learned these skills primarily by working at different firms, but attending training programmes also taught me the basics."

What financial software are you familiar with?

The goal of this question is to determine which software a candidate is comfortable using. An excellent candidate would explain their preference and also mention their eagerness to learn those your organisation use. What to look for in an answer:

  • Proficiency with various financial software
  • Desire to increase technology knowledge
  • Ability to adapt to your organisation work culture

Example:

"As a finance manager, I use various tools to analyse and communicate financial data. I'm proficient with Microsoft Office, Quickbooks, SQL, TurboTax, and Mvelopes. I also love taking information technology courses on how to use planning tools, such as Jira. Can you tell me more about the financial software your organisation uses?"

What's your financial strength as a finance manager?

The goal of this question is to find out what financial aspect a candidate is good at. An ideal candidate would give a response that's specific to their skills and explain how they use their strength to overcome challenges. What to look for in an answer:

  • Self-awareness
  • Valuable skills to your organisation
  • Honesty

Example:

"Budgeting is my financial strength. I enjoy exploring budgeting methods and comparing the accuracy of each one. I'm confident my financial strength would be valuable to your firm and I look forward to working here as a finance manager."

Describe a time you prepared several financial reports under a strict deadline.

This question helps you determine whether a candidate can complete work accurately while meeting deadlines. What to look for in an answer:

  • Experience preparing financial documents under strict deadlines
  • Time management and organisational skills
  • Understanding of the importance of financial accuracy

Example:

"In my last role, I had to file an urgent financial statement to the Canada Revenue Agency. The upper management team also requested a financial report for a strategy. While I examined cash flow statements, I asked my assistants to work on the balance sheets. I handled the situation well and completed both tasks on time. I believe I work well in fast-paced workplaces."

How do you avoid errors when recording and examining financial documents?

Finance managers need to pay keen attention to detail and avoid mistakes. While automated processes help most finance managers, a good candidate has other strategies for spotting errors quickly. They also have a routine for double-checking their work before submitting it. What to look for in an answer:

  • Attention to detail
  • Understanding of financial accuracy importance
  • Strategies to prevent financial errors

Example:

"In my past finance manager role, I set up a team of analysts to double-check all documents from other financial professionals. Then, I used financial reporting automation tools to ensure the documents complied with regulations. Finally, I went through the documents and corrected all errors before I submitted them to the upper management team."

How do you motivate your team as a finance manager?

Finance managers lead other finance professionals and must know how to work in a team. This question helps you determine what techniques and strategies candidates use to motivate. What to look for in an answer:

  • Excellent communication and interpersonal skills
  • Knowledge of motivation techniques
  • High level of creativity and initiative

Example:

"At my last job, I allocated budgets for Friday lunches and quarterly bonuses. I also organised team bonding sessions to discuss how to improve as a team and participate in sporting activities. Motivating my teammates is important to me, and I believe it's crucial for maintaining an organisation's financial health."

Imagine a teammate made a mistake in a financial report. How would you handle the situation?

This question aims to find out how a candidate would manage issues that involve other team members. Asking this question helps you understand a candidate's temperament. What to look for in an answer:

  • Emotional intelligence
  • Interpersonal and communication skills
  • Ability to correct respectfully

Example:

"I'd call for the teammate and mention that I found an error in their work. I'd encourage them for the effort they put into the task and politely explain that financial errors can lead to bad decisions. I'd guide them on how to correct the mistake, and we'd walk through an action plan to prevent it from reocurring."

Do you think a cash flow statement can explain a company's financial health?

This question helps you determine whether a candidate understands basic financial statements. An excellent candidate knows a cash flow statement shows what a company does with its money. They are also aware that a cash flow statement doesn't consider the company's liabilities and assets. What to look for in an answer:

  • Solid understanding of financial statements
  • Critical-thinking and decision-making skills
  • Explanation of the pros and cons of a cash flow statement

Example:

"A cash flow statement reveals a company's cash inflow and outflow, and it's important for evaluating liquidity. However, I don't think it can tell any finance manager everything about a company's financial health. It doesn't consider assets and can be unpredictable. Using it with other financial statements, such as a balance sheet, income statement, and statement of change in equity would provide a complete overview of a company's financial position."

How would you describe your management style?

This question helps you understand whether a candidate would lead others effectively. A good finance manager may use a blend of popular management styles or a predominant one. What to look for in an answer:

  • Self-awareness
  • Understanding of different management styles
  • Excellent interpersonal skills

Example:

"I'd describe myself as a persuasive and consultative manager. I make final decisions and think helping employees understand my reasons is important. I also ask for feedback and take their concerns seriously. Employee engagement is important to me, and I believe my management style makes me stand out."

How would you ensure compliance with tax laws and other financial regulations?

Finance managers must stay current with tax laws and financial regulations to ensure a company complies with them. The goal of this question is to find out whether a candidate understands what steps to take to stay compliant. What to look for in an answer:

  • Understanding of application regulations
  • Detail-oriented
  • Experience ensuring compliance

Example:

"Before I make any financial decision or recommendation, I review the applicable laws and ensure my strategy complies with them. I also check official government pages and the news regularly. As a certified financial planner, I get regular updates on changes in financial laws."

Imagine upper management disagreed with you on a financial strategy. How would you handle the situation?

Finance managers often communicate with upper management. Sometimes, there may be misunderstandings between both parties. By asking this question, you can assess a candidate's ability to reconcile differences and reach a consensus. What to look for in an answer:

  • Effective communication skills
  • Character strength and conviction
  • Politeness and respectfulness

Example:

"As a finance manager, it's my duty to advise upper management and make strategic recommendations. I'd first try to understand why they disagreed with me. Then I'd respectfully explain why I think my strategy or action plan would help the company reach its goals. If senior management were still not convinced, I'd ask for their opinion on how to manage the situation."

How would explain swap contracts to a non-technical CEO?

This question assesses how a candidate would communicate finance information to a layperson. What to look for in an answer:

  • Understanding of basic financial concepts
  • Ability to communicate effectively
  • Strategies for relating with a layperson

Example:

"I'd use an analogy to explain the concept. I'd tell the CEO to imagine they had a snowblower in winter and their neighbour had a lawnmower with a blade. If they wished for their neighbour's lawnmower and their neighbour wanted their snowblower, both parties could agree to swap equipment in a week. I'd explain that a swap contract is similar to that analogy."

Why do you want to work here as a finance manager?

This question helps you determine what attracted a finance manager to your company. It also enables you to evaluate whether a candidate's goals align with yours. An excellent candidate would explain their desire to contribute to your company's goals. What to look for in an answer:

  • Drive to maintain a company's financial health
  • Passion for financial management
  • Basic understanding of your company

Example:

"I want to work here because I believe in your company's goal of keeping the dream of homeownership alive. I'm looking for new challenges as a finance manager, and I'm confident your organisation has what it takes to succeed. I also want to work here because of your company's reputation for having a positive work environment where employees can advance their careers."

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