Finance Manager
5 days ago
Finance Manager Job Description
A finance manager's job description includes overseeing an organization's financial health, which involves creating and managing budgets, conducting financial analysis, preparing financial reports, and developing strategies for long-term financial benefit and growth. Key responsibilities also include ensuring regulatory compliance, managing financial risks, advising on investments, and overseeing a finance department's operations.
Core Responsibilities
- Financial Planning and Analysis :
- Develop strategic and long-term financial plans.
- Create and manage budgets and forecasts.
- Analyze financial performance, including costs, pricing, and profitability.
- Predict future financial trends and project future performance.
- Financial Reporting and Compliance :
- Prepare financial statements and business activity reports.
- Ensure compliance with legal and financial regulations.
- Liaise with external auditors.
- Manage tax-related issues and foreign exchange control matters.
- Risk Management and Investment :
- Identify and manage financial risks.
- Advise on investment decisions.
- Monitor cash flow and ensure financial stability.
- Operational and Strategic Oversight :
- Oversee the finance department's operations, set goals, and design frameworks for achieving them.
- Collaborate with other departments to support strategic decision-making.
- Identify cost-reduction opportunities and recommend solutions to financial problems.
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