Finance Manager

27 أبريل، 2023

0 0 2 دقائق

Finance Manager

الوصف الوظيفي

About the role:

As a Finance Manager distributes the financial resources of a company, is responsible for the budget planning, and supports the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

Main Responsibilities:

Supervise accounting staff to ensure that they are appropriately trained, motivated and carry out their responsibilities to the required standards.
Provide full accounting services, including the preparation of estimates, budgetary control, and final accounts.
Preparation of financial statements including monthly and annual accounts.
Preparation of financial management reports including financial planning and forecasting.
Management of financial systems and budgets.
Undertaking financial internal audits to ensure that sufficient internal controls and procedures are in place to also detect and prevent fraudulent activity.
Producing reports and recommendations following internal audits.
Continually reviewing and improving all procedures and flow of work both in finance and the relevant departments involved with the Finance Team. This may involve providing solutions for new business processes.
Reviewing the company’s systems and analyzing risk.
Liaising with auditors and dealing with any financial irregularities as they arise.
Liaising with clients (individuals or businesses) and providing financial information and advice to the Management.
Advising on areas of business improvement.
Predicting future financial trends and Analyzing market trends and competitors.
Developing strategies that work to minimize financial risk.
Advising on funds issues.
Assist in negotiating terms with suppliers.
Liaising with Banks in all matters concerning the Business.
Understand and adhere to financial regulations and legislation.
Track the company's financial status and performance to identify areas for potential improvement.
Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making.
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.