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Job Description
- Monitor the day-to-day financial operations within the company
- Manage financial department staff
- 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
- Prepare a yearly plan for finance department, including KPIs which reflect the actual financial performance of the company
- Manage and maintain operating cash flow, investing cash flow, and financing cash flow in order to maintain a proper free cash flow
- Seek out methods for minimizing financial risk to the company
- Research and analyze financial reports and business 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 the chairman, vendors, and customers if needed
- Update and fully implement an appropriate accounting software
- 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
- Prepare needed financial studies for banks and alternative financing institutions/ organizations
- Conduct feasibility studies concerning financing issues to support the decision making process
- Train and develop the financial department staff
Job Requirements
- Minimum 10 years of experience in accounting and finance
- Professional certificate in accounting (CMA), financial analysis (CFA), MBA of major Finance
- Deep understanding of business principles and practices