HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY

SCHOOL OF INDUSTRIAL MANAGEMENT



THE GROUP ASSIGNMENT

ORIENTATION TO MANAGEMENT STUDIES
CAREER PATH: FINANCE

Instructor: Ms. Bùi Huy Hải Bích

Executors:
Nguyễn Quốc Bảo - 2152422
Phạm Thái Hoàng Đạo - 2153275
Nguyễn Lê Phát – 2153677
Nguyễn Hữu Sang – 2114636
Nguyễn Thị Bích Huyền - 2153398

Ho Chi Minh, April 2022

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 TABLE OF CONTENTS
I) General information about Finance: ............................................................... 3
1. What is Finance: ....................................................................................... 3
2. Finance department organization structure: ............................................. 3
II) Jobs related to the Finance: ...................................................................... 4
1. Bank Clerk: ............................................................................................. 4
a) Description: ........................................................................................... 4
b) Career path: .......................................................................................... 5
❖ Assistant Bank Manager: ....................................................................... 5
❖ Bank Branch Manager:. ......................................................................... 5
❖ Senior Manager:. ................................................................................... 6
❖ Chief Bank Manager: ............................................................................. 6
❖ Assistant General Manager:. .................................................................. 7
❖ Deputy General Manager:. ..................................................................... 8
❖ General Manager:. ................................................................................. 8
2. Financial Analyst: ..................................................................................... 9
a) Description: ........................................................................................... 9
b) Career path: ........................................................................................ 10
❖ Senior Financial Analyst: ..................................................................... 10
❖ Financial Controller: ........................................................................... 10
❖ Financial Manager: .............................................................................. 10
❖ Financial Director: ............................................................................... 11
3. Accounting: ............................................................................................ 12
a) Description: ......................................................................................... 12
b) Career path: ........................................................................................ 12
❖ Staff Accountant: ................................................................................. 12
❖ General accountant: ............................................................................. 12
❖ Chief accountant: ................................................................................. 13
III) Interview: .................................................................................................. 13
IV) Reference: ................................................................................................ 16
V) Member performance evaluation: ........................................................... 18

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I) General information about Finance:

1. What is Finance:

As defined within economics, Finance, or financing, is the process of raising

funds or capital for any kind of expenditure. It is the process of channeling
various funds in credit, loans, or invested capital to those economic entities that
most need them or can put them to the most productive use.

2. Finance department organization structure:

The chief financial officer often distributes the financial management

responsibilities between the controller and the treasurer. The controller normally
has responsibility for all accounting-related activities. These include such
functions as:

• Financial Accounting: This function involves the preparation of the

financial statements for the firm, such as the balance sheet, income
statement, and the statement of cash flows.
• Cost Accounting: This department often is responsible for preparing
the firm’s operating budgets and monitoring the performance of the
departments and divisions within the firm.
• Taxes: This unit prepares the reports that the company must file with
the various government (local, state, and federal) agencies.

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 • Data Processing: Given its responsibilities involving corporate
accounting and payroll activities, the controller may also have
management responsibility for its data-processing operations.
• The treasurer: Usually is concerned with the acquisition, custody, and
expenditure of funds. These duties often include
• Cash and Marketable Securities Management: This group monitors
the firm’s short-term finances forecasting its cash needs, obtaining
funds from bankers and other sources when needed, and investing
excess funds in short-term interest-earning securities.
• Capital Budgeting Analysis: This department is responsible for
analyzing capital expenditures which are the purchase of long-term
assets, such as new facilities and equipment.
• Financial Planning: This department is responsible for analyzing the
alternative sources of long-term funds, such as the issuance of bonds or
common stock, that the firm will need to maintain and expand its
operations.
• Credit Analysis: Most companies have a department responsible for
determining the amount of credit that the firm will extend to each of its
customers. Although this group is responsible for performing financial
analysis, it may sometimes be located in the marketing area of the firm
because of its close relationship to sales.
• Investor Relations: Many large companies have a unit responsible for
working with institutional investors (for example, mutual funds), bond
rating agencies, stockholders, and the general financial community.
• Pension Fund Management: The treasurer may also have
responsibility for the investment of employee pension fund
contributions. The investment analysis and portfolio management
functions may be performed either within the firm or through outside
investment advisors.

II) Jobs related to the Finance:

1. Bank Clerk:

a) Description:

• Bank clerks support daily banking activities through direct customer

interaction and behind-the-scenes tasks like data entry. While many bank
clerks primarily work as bank tellers and provide customer service, other
bank clerks work in credit and securities departments and support these
specialized activities.

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• This role is essential to a bank branch’s function, as bank clerks tend to
be the first (and possibly only) bank personnel with whom the customer
interacts. Additionally, bank clerks maintain essential customer and
financial records to ensure that the bank branch remains efficient and
follows reporting and financial management laws and guidelines.

b) Career path:

❖ Assistant Bank Manager: An assistant bank manager helps the manager

in the smooth functioning of the bank and ensures everything gets done
on time.

• Duties: A bank assistant manager is just as responsible as the bank

manager for the overall success or failure a bank faces. He is responsible
for assisting the bank manager in training all the bank employees to do
their job well. They help budget the bank's expenses and help create a
fool-proof daily routine that the employees can follow. Bank assistant
managers help the bank manager in many of his duties and tasks.

• Requirements: A bank assistant manager needs a Bachelor's degree or

high school diploma to apply, but they require a minimum of two years
working for an entry-level job inside the bank. To become a successful
bank assistant manager, one must have:

- Excellent verbal and written communication skills.

- Excellent math and accounting skills.
- Excellent personal and professional leadership skills.
- Understanding of banking regulatory matters and procedures for proper
operation.
- Ability to perform various banking procedures and operations.

• Salary: The average salary is $44,000 per year.

❖ Bank Branch Manager: Is responsible for coordinating and directing the

operational functions of financial institutions such as banks, building
societies, or credit unions. These types of bank clerk job details include
overseeing front-office operations, providing high levels of customer
service, and directing regular team meetings and training sessions.

• Duties: Bank Branch Managers are professionals who help their clients
raise funds in personal and professional sections by issuing debt or selling
equity in the organizations. A Bank Branch Manager’s other job duties

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 include assisting clients with mergers and acquisitions and advising them
on unique banking opportunities such as derivatives.
• Requirements: To become a bank branch manager, the candidate will
need first to earn a bachelor’s degree in Finance- or a business-related
field. Some branch manager skills that every individual in this profession
must possess and cultivate: Decision-making skills, Patience, Banking,
Numerical ability, Leadership, and Critical thinking.
• Salary: The national average salary for a Bank Branch Manager is
$68,035 per year.

❖ Senior Manager: Senior managers are responsible for planning and

directing the work of a group of individuals. These types of bank clerk
job details include managing their work and taking corrective actions
when necessary.

• Duties:

- Ensure clarity around priorities and goals for the entire functional area.
- Approve requests for investment to a certain level of authority.
- Guide the talent identification and development processes for a group or
function.
- Work across functions with peers in other groups to ensure collaboration
for shared goals.
- Must interact with senior management for reporting.
- Working with senior management and other peers for strategy
development and execution planning
- Must communicate financial and goal results and key performance
indicators to direct reports.
- Facilitating goal-level creation for the broader function and working with
managers to ensure the goals cascade to all workers.

• Requirements: The education needed to be a Senior Manager usually is

a Bachelor's Degree. Some Senior skills are current experience and
demonstrated; strong leadership capability, evidenced in well-developed
problem solving, analytical and conceptual skills; knowledge of
economics; knowledge of principles;…
• Salary: The average salary is $120,000 per year.

❖ Chief Bank Manager: The chief manager is responsible for relationship

management within the department and cross-functional teams. These
types of bank clerk job details include conveying sales meetings and
actively participating in driving companies’ goals and objectives.

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• Duties

- Must promote and market the branch and its products.

- Have meetings with customers and resolve any problems or complaints.
- Ensuring there is a high level of customer service.
- Have monitoring sales targets.
- Write a report to head office.

• Requirements

- Have CA\ MBA with excellent academic record and experience in an

Operations team.
- Have at least 7 to 10 years of experience post qualification. People
Management- should have handled a large team. Knowledge of
Insurance, Operations process followed. Some skills must have People
skills; A head for numbers and business; A flair for sales; Decisive;
Honest and trustworthy; Discreet.

• Salary: The average salary for a chief manager is $83,000 per year.

❖ Assistant General Manager: The assistant general manager assists the

DGM in all his/her activities and takes care of instructing the juniors in
the absence of the DGM. The AGM reports of daily work are taken and
submitted to the seniors to convey the progress to them.

• Duties: Cooperating with the general manager and assisting with

anything from project planning to staff management; Nurturing positive
working relationships with staff; Delegating daily tasks; Addressing any
issues in a timely fashion; Supervising staff and controlling merchandise;
Ensuring company policies and procedures are followed; Setting an
excellent example for staff.

• Requirements

- Have a degree in business administration or similar.

- Excellent interpersonal and communication skills.
- Strong problem-solving abilities.
- Good observation skills.
- Have an ability to deliver constructive criticism.
- Have computer literate and basic Math skills.
- Have an ability to identify weaknesses and provide coaching where
necessary.

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- Some skills must have Customer service; Writing abilities, Leadership,
Critical thinking, Problem-solving, Collaboration, Mathematics,
Computer literacy, Decision-making, Attention to detail, and Negotiation.

• Salary: The average salary for an Assistant General Manager is $48,000

per year.

❖ Deputy General Manager: A deputy general manager manages the

actual employees of the company and looks after the execution of the
orders given by his seniors. In case anything goes wrong in the company's
functioning, the DGM handles it initially.

• Duties:

- Deputize for the general manager.

- Assist line manager in achieving maximum customer satisfaction
following organization plans.
- Maintain overall organization responsible for performing all duties in
compliance.
- Have effective liaison, support, and assistance with the organization.
- Deputize for the general manager.
- Utilize appropriate systems to manage.
- Assist in supporting all departments.
- Write a report (content and format as agreed) monthly.
- Maintain accurate records.
- Responsibly use resources and control expenses to meet budgetary
controls.
- Adhere to all organizational policies and procedures.
- Interact and cooperate with all members of the organization.

• Requirements

- Training managers need a combination of education and related work

experience. Although training and development managers need a
bachelor’s degree for many positions, some jobs require a master’s
degree.
- Bachelors required, prefer a graduate degree.
- Some skills must have Leadership; Management; Problem-solving;
Communication; Planning and decision-making; Attention to detail.

• Salary: The average annual salary is $85,000 a year.

❖ General Manager: A general manager (GM) is responsible for the

company's operations, including generating revenue and controlling costs.

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• Duties:

- Overseeing daily business operations.

- Developing and implementing growth strategies.
- Training low-level managers and staff.
- Creating and managing budgets.
- Improving revenue.
- Hiring employees.
- Evaluating performance and productivity.
- Analyzing accounting and financial data.
- Researching and identifying growth opportunities.
- Generating reports and giving presentations.

• Requirements:

- Bachelors/ Associates Degree in Hospitality.

- Must have a minimum of 3 years of experience as a General Manager.
- Proven ability to hire, train and develop team members.
- Capable of driving sales and guest service initiatives by motivating and
leading team members.
- Passion for the restaurant industry with a commitment to continued
development.
- Record of maintaining high standards in restaurant cleanliness, sanitation,
food quality, and guest satisfaction.
- Ability to understand and analyze financial profit and loss statements,
food cost, inventory needs, and labor planning.
- Proficient in MS Office, Google Doc.
- Excellent written and verbal communication with a positive and outgoing
personality.
- Customer service focused and solution-oriented.
- Capable of delegating multiple tasks.
- Ability to work a flexible schedule based on restaurant needs.
- Ongoing current Food Safety Manager certification.

• Salary: The average salary for a general manager is $58,000 per year.

2. Financial Analyst:

a) Description:

Financial Analyst: Perform the job of synthesizing, reporting, analyzing

financial information, trends, and indicators, and making forecasts to
build a good financial plan for the business.

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b) Career path:

❖ Senior Financial Analyst:

• Responsibilities:

- Analyze current and historical financial data and calculate performance.

- Prepare reports and forecasts based on financial analysis.
- Identify trends in financial performance and make recommendations for
improvement.
- Participating in the construction of the parser model and the main project.

• Salary: 600$-780$/month.

❖ Financial Controller:

• Responsibilities:

- Financial report
- Financial data analysis
- Internal control supervision
- Monitor and prepare revenue reports
- Participate in the budgeting process
- Manage financial transactions
- Streamline accounting functions and operations
- Develop a financial growth plan
- Assess and manage risks
- Coordinate audit processes.

• Salary: 1,200$/month

❖ Financial Manager:

• Responsibilities:

- Record the trading account itself: The finance person will take care of
copying, analyzing, and interpreting the company's daily financial
transactions, including tracking all purchasing and selling costs.
- Manage the cash flow of the business: the finance person must manage all
the cash inflows and outflows of the company, ensuring that the company
has the necessary cash to meet day-to-day operations. This also includes
the company's credit and collection policies,
- Budgeting and making financial forecasts for the business: The finance
person will work with other managers to set budgets and provide

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 financial forecasts for the business and respond to issues related to the
financial position of the business.
- Managing investment activities of enterprises: The finance department's
job is to manage the company's existing assets and analyze and select
new investments.
- Financial reporting and analysis: It includes a summary of all funding,
expenditures, and reserves available for future operations and other non-
financial information.

• Requirements:

- Understand financial statements, business strategy, and the relationship

between the two.
- Have computer skills like Excel, PowerPoint, and Access.
- Attractive in financial markets and the economy.
- Graduate majoring in Finance, banking, accounting, auditing, or related
majors.
- Preference will be given to candidates with CPA, ACCA, or CFA
certifications.
- Proficient in office computer skills. Able to plan, report, and present.
- Ability to analyze and synthesize problems: Reading and understanding
technical documents in English is an advantage. It can withstand high
pressure.

• Salary: 2,000$/month

❖ Financial Director:

• Responsibilities:

- Directing financial planning and strategy.

- Analyzing and reporting on financial performance.
- Overseeing audit and tax functions.
- Developing and implementing accounting policies.
- Preparing forecasts and total budgets.
- Training accounting staff.
- Assessing, managing, and minimizing risk.
- Analyzing complex financial data.

• Requirement:

- Proficiency in accounting software.

- Financial management experience.

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- Finance directors must have good written and verbal communication
skills to direct the activities of workers and explain complicated financial
information to an audience that is not knowledgeable in the subject.
- Financial directors must be analytical and have strong skills in
mathematics.
- Strong aptitude for math.
- Good communication skills.
- Computer literacy.
- Strong analytical skills.
- Broad knowledge of accounting principles.

• Salary: 4800$/month

3. Accounting:

a) Description:

Accounting is the process of recording financial transactions about a

business. The accounting process includes summarizing, analyzing, and
reporting these transactions to oversight agencies, regulators, and tax
collection entities.

b) Career path:

❖ Staff Accountant:

• Duties: Have to note the financial and accounting books or prepare

documents on all related financial activities. Because of the lack of
experience and professional qualifications, should be in a certain array as
accounting, payment accounting,…

• Requirements: Some basic skills that need to improve: office computer

skills, analytical and integrated skills, English communication skills.
Moreover, to accountants, caution is an essential quality. Because the
accountant's work involves data, papers, and books, it requires
meticulousness to avoid confusion and improve performance.

• Salary: $300 – $6000/month

❖ General accountant:

• Duties: General accounting is the person in charge of most of the pieces

related to the accounting work. From the plan to guide the accountants or
train new people skills. They collect and process documents, relevant

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 documents, and a combination of explanations, accounting, monitoring,
public debt management, expenses, and data monitoring.

• Requirements: At this level, you must have the working experience of 2

to 3 years, with strong professional qualifications, be capable of
synthesizing the accounting operations of the enterprise, and be able to
coordinate data from the components to make the financial statement.

• Salary: $1000 – $2000/month

❖ Chief accountant:

• Duties: The head of the accounting department, in general, is the guide

directing auditors' work to make the most sense and do the task of
advising the leadership on Finance and accounting. The chief accountant
needs to provide a strategy for development in conformity with the
general operational situation of the enterprise and give the handling
process to the wrong causes of the loss. This can be considered the highest
position of an accounting practitioner.

• Requirements: Having a professional qualification from the intermediate

level or higher and the certificate of chief accountant, having worked in
accounting for at least two years as a professional accountant with a
Bachelor's Degree or three years as an accountant with an intermediate
degree.

• Salary: $1000 – $2000/month

III) Interview:

A special thanks to the interviewees:

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Miss Trần Hà Nhi – Major in Finance – Bank

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Miss Lê Thư Ngọc – Major in Finance – Bank

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IV) Reference:

Encyclopedia Britannica. n.d. finance | Definition, Types, & Facts |

Britannica. [ONLINE] Available at: https://www.britannica.com. [Accessed 29
April 2022].

Wisdom Jobs. n.d. Organization of the Financial Management Function in

Financial Management Tutorial 29 April 2022 - Learn Organization of the
Financial Management Function in Financial Management Tutorial (6315) |
Wisdom Jobs India. [ONLINE] Available at: https://www.wisdomjobs.com.
[Accessed 29 April 2022].

Arkwright, P., 2018. Job Description Deputy General Manager. [ONLINE]

Skills Provision. Available at: https://www.skills-provision.com/library/job-
description-deputy-general-manager-72433. [Accessed 29 April 2022].

Great Sample Resume. n.d. List of Deputy General Manager Responsibilities

and Duties. [ONLINE] Available at: https://www.greatsampleresume.com/job-
responsibilities/marketing/deputy-general-manager. [Accessed 29 April 2022].

Career Trend. n.d. Corporate Relations Job Description | Career

Trend. [ONLINE] Available at: https://careertrend.com/about-6472163-
corporate-relations-job-description.html. [Accessed 29 April 2022].

Indeed Career Guide. n.d. What Does A Deputy Manager Do? (Skills And
Salary Explained) | Indeed.com India. [ONLINE] Available at:
https://in.indeed.com/career-advice/finding-a-job/what-does-deputy-manager-
do. [Accessed 29 April 2022].

Myskillsfuture.gov.sg. n.d. Deputy General Manager|Job Roles Detail|Student

Portal. [ONLINE] Available at:
https://www.myskillsfuture.gov.sg/content/student/en/secondary/world-of-
work/occupation/occupation-detail.Deputy General Manager-89310.html.
[Accessed 29 April 2022].

Indeed.com. n.d. hCaptcha solve page. [ONLINE] Available at:

https://www.indeed.com/jobs?q=Bank+Branch+Manager&vjk=8e486eebe350c
100. [Accessed 29 April 2022].

Career Path - Con đường thăng tiến nào cho bạn? - JobHopin, F., 2019. Finance
Career Path - Con đường thăng tiến nào cho bạn? - JobHopin. [ONLINE]
JobHopin. Available at: https://www.jobhopin.com/blog/finance-career-path/.
[Accessed 29 April 2022].

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Reed.co.uk. n.d. 'Assistant Bank Manager' jobs - Reed.co.uk. [ONLINE]
Available at: https://www.reed.co.uk/jobs/assistant-bank-manager-
jobs?parentsector=banking. [Accessed 29 April 2022].

JobHero. n.d. Bank Clerk Job Description - JobHero. [ONLINE] Available at:
https://www.jobhero.com/job-description/examples/banking/clerk. [Accessed
29 April 2022].

Indeed.com. n.d. hCaptcha solve page. [ONLINE] Available at:

https://www.indeed.com/jobs?q=bank+clerk&start=10&vjk=862cbca44d9745b
0. [Accessed 29 April 2022].

TẢ CÔNG VIỆC CHUYÊN VIÊN PHÂN TÍCH TÀI CHÍNH - JobsGO Blog,
M., 2019. MÔ TẢ CÔNG VIỆC CHUYÊN VIÊN PHÂN TÍCH TÀI CHÍNH -
JobsGO Blog. [ONLINE] JobsGO Blog. Available at:
https://jobsgo.vn/blog/mo-ta-cong-viec-chuyen-vien-phan-tich-tai-chinh/.
[Accessed 29 April 2022].

TopCV. 2020. Cẩm nang xin việc ngành tài chính ngân hàng. [ONLINE]
Available at: https://www.topcv.vn/cam-nang-xin-viec-nganh-tai-chinh-ngan-
hang. [Accessed 29 April 2022].

Academy, S., n.d. Chuyên Gia Phân Tích Tài Chính (Financial Analyst) Là Gì?
Mức Lương Nghề Phân Tích Tài Chính. [ONLINE] Available at:
https://blog.sapp.edu.vn/cfa/chuyen-gia-phan-tich-tai-chinh-la-gi-muc-luong-
va-co-hoi-nghe-nghiep. [Accessed 29 April 2022].

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V) Member performance evaluation:

MISSIONS Quốc Hoàng Bích Lê Phát Hữu

Bảo Đạo Huyền Sang
Interview Interview the ✔ ✔
guest
Make Contribute ✔ ✔ ✔ ✔ ✔
idea some ideas
Find out the ✔
mistakes
Fix and ✔ ✔ ✔ ✔ ✔
create a new
idea
Schedule ✔
Deadline
tasks for
each person
Planning Tasks RP, PPT, Accou- Bank Finance Finance
Introduc- ting clerk analyst analyst
tion
Support Check ✔ ✔ ✔ ✔ ✔
mistakes &
fix
Supporting ✔ ✔ ✔ ✔ ✔
ideas
Total 100% 100% 100% 100% 100% 100%

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