The finance team manages the internal finances of the firm. They are the firm's internal management accountants.
Their roles include:- Managing the general ledger.
- Preparing the financial statements.
- Analysing the performance of the firm and producing management accounts.
- Internal audit
- Liaising with external auditors
Working in the financial team at a company you can reasonably expect to receive training that will lead you onto an appropriate accounting qualification, such as ACCA or CIMA.
Generally speaking, it is not possible to study for ICAEW ACA through this route, as typically this requires work experience at a accounting firm such as PwC.
The department may also include some non-accounting roles such as Treasury or Project based roles.
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I am really interested in studying finance, and hope to complete a course that deals with liquidity risk. This concept has apparently become more popular in the last few years as the economic climate has deteriorated. These courses seem to touch base on many topics, so I am confident that I will have a well-rounded understanding of many existing and new economic concepts.