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    <h4 style="margin-top: 0px; margin-bottom: 25px;">Using Financial Data</h4>

<p style="margin-bottom: 22px;">The ability to evaluate, interpret, and incorporate financial data in daily decisions, as well as the ability to understand organizational financial goals and how to focus efforts on them. This skill also the ability to understand where the larger organization is headed and what are the subordinate teams&#39; role in supporting and meeting higher headquarters financial goals.</p>

  <p class="subtle" style="margin-bottom: 22px;">
	 Synonyms: Understanding Money Information, Understanding How Money Flows, Managing Money
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  <p class="bold">Key Actions of Individuals with This Skill</p>
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      <li>Understands the business unit&#39;s financial environment</li>    
      <li>Assesses the relative profitability of products and product lines</li>    
      <li>Communicates financial information so that others understand it</li>    
      <li>Conducts post-audits of previous decisions</li>    
      <li>Conducts regular reviews of financial performance</li>    
      <li>Creates accurate forecasts</li>    
      <li>Creates budgets</li>    
      <li>Demonstrates understanding of how a work unit&#39;s performance contributes to the overall business unit&#39;s financial results</li>    
      <li>Develops contingency plans</li>    
      <li>Draws accurate conclusions from financial reports and other quantitative information</li>    
      <li>Identifies and documents decision-making criteria up front</li>    
      <li>Identifies levers to improve financial performance</li>    
      <li>Identifies ways to manage risk in making financial decisions</li>    
      <li>Maintains the highest quality while managing costs</li>    
      <li>Makes prudent decisions regarding significant expenditures</li>    
      <li>Reviews assumptions underlying financial analysis</li>    
      <li>Sets aggressive yet achievable financial objectives</li>    
      <li>Uses reporting formats that track key metrics and financial indicators</li>    
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  <p class="bold">Interview Prep Questions</p>
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  	  <li>Describe a time when you used creative, logical, and instinctive approaches to solve a problem or accomplish a mission.</li>
  	  <li>Describe a time when you drew on the fresh perspectives of team members to come up with a creative way to achieve an objective.</li>
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