A management analyst, commonly referred to as management consultant, typically works in private industry. Analysts tend to specialize in a particular industry, such as health care or telecommunications. They study a company's corporate structure and analyze such data as annual revenues and expenditures. They develop solutions and offer recommendations for reorganization. They usually work offsite conducting and reviewing research. They are typically self-motivated and self-disciplined, and require no supervision.
A financial manager prepares financial reports and oversees activities related to investment and cash management. She develops long-term strategies for managing cash and revenue resources. The duties of a financial manager vary, based on position. Financial managers as controllers prepare financial statements and forecasts of potential earnings. Cash managers control the disbursement of cash. They design cash flow projections to determine loan limits and whether surplus cash is necessary. Financial managers work for banks, credit unions and mortgage companies.
Employee benefits managers administer and manage a company's benefits program for employees and executive personnel. Employee benefits program features include establishing limits economically for health insurance and retirement. Managers are expert program designers and negotiate compensation costs. They create guidelines for health benefits, such as medical, dental and vision. They design retirement plans to include options for pension, contribution, thrift-saving and profit-sharing. Benefits managers review changing federal and state legislation and work in cooperation with employee unions.
The director of industrial relations creates the labor policy for a company. This type of employee manages the relationship between industrial personnel and labor relations. The director also forms and negotiates agreements to promote collective bargaining. He also coordinates the process of filing grievances through selected departments. For example, the director manages employee disputes by coordinating efforts with the company's human resource department. He works closely with the labor relations manager and specialists who prepare contracts for dispute resolution.