Job sheet

Administrative and Financial Manager: job description, duties and salary

Roles and tasks of the Administrative and Financial Manager / RAF

The Administrative and Financial Manager (RAF) is a strategic position within a company. Their role is to ensure administrative and financial management by organising and managing accounting, tax and cash management operations. They must also monitor and improve profitability. The Administrative and Financial Manager has the following tasks:

  • Managing finances and forecasting financial flows;
  • Drawing up the annual budget and monitoring it;
  • Develop strategies to maximise revenues and minimise costs;
  • Draw up financial and accounting reports;
  • Ensuring cash flow control and monitoring cash receipts and disbursements;
  • Develop and implement internal control procedures;
  • Evaluate financial performance and draw up forecasts;
  • Manage relations with banks and financial institutions;
  • Assessing investment risks;
  • Monitoring expenditure and investments;
  • Ensuring the administrative and accounting processing of operations;
  • Drawing up the company's development strategies;
  • Supervising the administrative and financial team.

The CFO must also ensure that the company complies with tax and financial laws and regulations. He or she must therefore ensure that the company's records are properly maintained and up to date, and that all accounting documents are correctly kept and recorded.

Salary and career development of the Administrative and Financial Manager / RAF

The salary of an Administrative and Financial Manager (RAF) is relatively high, which is due to the responsibility and skills required for this position. In France, the average gross annual salary of an Administrative and Financial Manager / RAF depends very much on professional experience:

  • 0 to 2 years: around €45,000
  • 2 to 5 years: around €55,000
  • 5 to 10 years: around €65,000
  • 10 to 15 years: around €75,000
  • More than 15 years: around €90,000

In terms of career prospects, an Administrative and Financial Manager / RAF can progress to a number of different professions:

  • Administrative and Financial Director
  • Director of Human Resources
  • Management and Finance Consultant
  • Financial Analyst
  • Financial Audit Manager

Advantages and disadvantages of Administrative and Financial Manager / RAF

Advantages

Opportunity to have a significant influence on the management of a company's finances.

Opportunity to work in different sectors and build relationships with customers and business partners.

An internationally recognised qualification.

Excellent long-term career opportunity.

Relatively high salary.

Disadvantages

Significant responsibility and pressure to manage a company's finances efficiently and profitably.

Additional pressure to achieve objectives and final results set by management.

High levels of stress and anxiety.

Potential for financial disputes.

Working to tight deadlines and strict requirements.

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