Financial Manager Salaries In Namibia

Who is a Financial Manager?

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. A person working as a Financial Manager in Namibia typically earns around 34,100 NAD.

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Frequently Asked Questions

Is financial manager a good career in Namibia?

A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here’s how Financial Managers job satisfaction is rated in terms of upward mobility, stress level and flexibility.

Is it hard to become a financial manager in Namibia?

It often takes about 10-12 years to become a financial manager. A master’s in finance makes financial manager candidates more competitive in the job market, but a related bachelor’s degree often meets minimum education requirements for these positions.

Is being a financial manager hard in Namibia?

They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. it is a challenging but impressive you need to work on your technical accounting and finance skills from a side and managerial skills from the other side.

Do financial managers travel a lot in Namibia?

They commonly work long hours, often up to 50 or 60 per week. Financial managers generally are required to attend meetings of financial and economic associations and may travel to visit subsidiary firms or to meet customers.

Why do financial managers need math skills in Namibia?

Finance managers work with large sums of money and rely on advanced mathematical abilities to compile and analyze data. Proficient finance managers are well versed in algebraic mathematics and have the ability to understand and create formulas.

Is finance a lot of math in Namibia?

While minimal math studies are required for all business majors, finance happens to be one of the most quantitative fields. To learn essential skills such as analyzing and assessing investment performance and financial planning for savings goals, you must acquire a solid foundation in mathematics.

What are the 3 basic functions of a finance manager in Namibia?

The financial manager’s responsibilities include financial planning, investing (spending money), and financing (raising money). Maximizing the value of the firm is the main goal of the financial manager, whose decisions often have long-term effects.

Are financial managers happy in Namibia?

Financial managers are below average when it comes to happiness. As it turns out, financial managers rate their career happiness 3.0 out of 5 stars which puts them in the bottom 30% of careers.

Are financial managers in demand in Namibia?

Employment of financial managers is projected to grow 15 percent from 2019 to 2029, much faster than the average for all occupations. Several functions of financial managers, including cash management and risk management, are expected to be in high demand over the decade.

Is financial manager a stressful job in Namibia?

Financial advisors are constantly managing the emotions of their clients based on downturns in the market, and this can lead to a high level of stress over time.

How stressful is being a financial manager in Namibia?

According to Financial Planning magazine, financial advisors face significantly more stress than the average profession, with male advisors reporting 26.2% high levels of stress than the national norm. Sometimes you may feel like squeezing the crap out of a stress ball, and that’s okay.

What are the qualifications of a financial manager in Namibia?

Bachelor’s degree in finance or accounting. Strong Excel skills. Excellent ability to problem solve along with solid analytical skills, understanding of the business process, and systems optimization. Comfortable interacting with all levels of management in multiple areas.

What is role of financial manager in Namibia?

What is the job of financial manager in Namibia?

Providing financial reports and interpreting financial information to managerial staff while recommending further courses of action. Advising on investment activities and provide strategies that the company should take. Maintaining the financial health of the organization.

What is a typical day as a financial manager in Namibia?

A typical day for a Branch or Department Financial Manager will also include: Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.