Finance directors hold a leadership position, so general management duties such as scheduling, hiring, and carrying out performance evaluations may be necessary. These directors generally lead a finance team in creating strategic plans regarding the company's finances; this includes both accounting duties and financial analyses and projections. The team which the finance director leads should identify risks and areas in need of improvement so the company can identify mistakes before they come to realization and further increase profits.Aspiring finance directors should have a master’s degree in business administration, economics, finance, or a related field, though some employers will accept applicants who have a bachelor’s degree; years of experience in the financial field are also typically required for the position.Strong teamwork skills are important in this position in order to work seamlessly with co-workers, and both written and verbal communication skills are also important. Finance directors also create financial reports on a periodic basis; these reports may need to be presented to upper management, so it is important to be able to speak well in front of small or large crowds. In some positions, finance directors may need to identify potential fields which can be tapped for the growth of the company. This work is generally carried out in an office environment, and some travel may occasionally be required if the areas directed span multiple offices and/or branches. This is usually a full-time position.

The role of Finance Director in Hong Kong is expected to witness significant growth in the market due to the increasing complexity of financial regulations and the growth of multinational businesses in the region. According to a 10-year analysis, the job role has experienced steady growth with a rising demand for skilled professionals in finance and accounting. With Hong Kong being a major financial hub, numerous employment opportunities are expected to be available in the future for Finance Directors, as indicated by recent data from Google. This is driven by the continuous expansion of businesses and the need for effective financial management in the region.

How to Learn

As a Finance Director with 9+ years of experience in Hong Kong, your main responsibilities include:<ul><li> Oversee financial planning, budgeting, and forecasting processes to ensure accurate financial reporting and alignment with organizational goals.</li><li> Develop and implement financial strategies, policies, and procedures to optimize the company's financial performance and mitigate risks.</li><li> Monitor and analyze financial data, identify trends, and provide insights to drive informed business decisions.</li><li> Collaborate with senior management and stakeholders to provide financial guidance, support strategic initiatives, and contribute to the company's overall growth and profitability.</li></ul>

Roles & Responsibilities

Average take home Salary for a Finance Director in Hong Kong is around $292268 per year

Salary Breakup

Finance directors are in an executive position, which means general management tasks like scheduling hiring, arranging for employees and executing reviews of performance may be required. They typically lead the finance team to develop strategic plans for the financials of the business. This involves accounting tasks as well as projections and financial analysis. The finance team that the director is a part of should be able to identify risk and areas that require improvement to help the company detect mistakes prior to fruition and improve profits.

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Finance Director

Salary Breakup

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