The administrative and financial manager (RAF) occupies an important place in his company. He reports to the Director of Administration and Finance (DAF) and is responsible for administrative and financial management as well as its implementation. The Chief Financial Officer plays a more operational role than the Chief Financial Officer.
This job requires great rigor, analytical mind, good organization, strategic vision, good task management, excellent interpersonal skills. He is actually a manager in addition to his missions, such as managerial control, for example.
Being a function of responsibility, the RAF profession requires a bac +5 level of study such as DSCG (Advanced Diploma in Accounting and Management), CCA Specialized Master’s Degree, School of Commerce and Management with a Finance and Accounting option.
According to the recruiting company Hays, this vacancy is one of the three most demanded vacancies in the field of finance and accounting.
What is the job of an administrative and financial manager?
The administrative and financial manager must be versatile and occupy a key position in the company. He must be able to lead a team, while having a variety of technical skills in finance, accounting, commerce and marketing. In general, he coordinates the financial policy of the company, prepares and implements tools to control the financial situation, and prepares budgets.
In particular, he will ensure that the actions taken are consistent with company policy. Non-exhaustive missions may be of an administrative and financial nature, but they may also involve human resources and personnel management.
Some possible activities are accounting oversight, budgeting, approving decisions, overseeing investments and banking negotiations, participating in steering committee meetings, overseeing internal audit missions, managing procurement, etc.
What is the average salary of an administrative and financial manager?
For the position of administrative and financial manager, the salary depends on his experience or diploma. The complexity of the mission, experience or even geographical area (Paris region or province) are also factors that can influence the level of remuneration. There are various RAF pay scales, take the Hays and PageGroup recruiting firm scales, which use years of experience levels to determine how much an administrative and financial manager earns.
Recruiting company Hays publishes its annual reward research. According to their salary scale, the minimum wage is 45,000 gross per annum for RAFs with 0 to 3 years of service. The maximum salary is 80,000 gross per annum for RAFs with more than 8 years of service.
It is indicated that salaries for senior positions in the region are estimated at -15% compared to the figures given above.
From PageGroup, which also publishes its remuneration research annually., the minimum wage is 55,000 gross per annum for RAFs with 5 to 10 years of service. The maximum salary is 100,000 gross per annum for an RAF with more than 15 years of service.
How to become a RAF?
The job of an administrative and financial manager usually requires a bac+5 level. As a rule, at least five years of experience in accounting, management control and auditing are required.
Prospects for the evolution of the profession of administrative and financial manager
The administrative and financial manager works mainly in large companies or large groups in all areas of activity. He rarely works in smaller companies, then he will be the administrative and financial director.
With many years of experience, RAF can become:
- administrative and financial director;
- general Manager;
- financial director of a large company;
- administrative director of HRD;
- responsible for management control.
How much is the employee worth and what will be the amount of his net salary: