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Job Description
Job description:
- Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
- Oversee financial department employees, including financial assistants and accountants
- Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
- Track the company's financial status and performance to identify areas for potential improvement
- Seek out methods for minimizing financial risk to the company
- Research and analyze financial reports and market trends
- Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
- Review financial data and prepare monthly and annual reports
- Present financial reports to board members, stakeholders, executives, and clients in formal meetings
- Stay up to date with technological advances and accounting software to be used for financial purposes
- Establish and maintain financial policies and procedures for the company
- Understand and adhere to financial regulations and legislation.
- Providing and interpreting financial information
- Monitoring and interpreting cash flows and predicting future trends
- Analyzing change and advising accordingly
- Formulating strategic and long-term business plans
- Researching and reporting on factors influencing business performance
- Analyzing competitors and market trends
- Developing financial management mechanisms that minimize financial risk
- Conducting reviews and evaluations for cost-reduction opportunities
- Managing a company's financial accounting, monitoring and reporting systems
- Liaising with auditors to ensure annual monitoring is carried out
- Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue
- Producing accurate financial reports to specific deadlines
- Managing budgets
- Arranging new sources of finance for a company's debt facilities
Job Requirements
Job Requirements:
- Extensive commercial and business financial experience with respect to relations with business owners and top management.
- Excellent communication and presentation skills
- Extensive experience in managing financial departments not less that 5 consecutive years.
- An analytical approach to work
- High numeracy and sound technical skills
- Problem-solving skills and initiative
- Negotiation skills and the ability to influence others
- Strong attention to detail and an investigative nature
- The ability to balance the demands of work with study commitments
- Good time management skills and the ability to priorities
- The ability to work as part of a team and to build strong working relationships
- The capacity to make quick but rational decisions
- The potential to lead and motivate others
- Good IT skills.