Posted By
Posted in
Banking & Finance
Job Code
1465897
Finance Controller
Job Overview:
The Finance Controller is responsible for overseeing the financial operations of the organization, managing financial reporting, budgeting, and ensuring compliance with regulatory requirements. The role requires strong analytical skills, attention to detail, and the ability to provide strategic financial guidance to senior management.
Key Responsibilities :
Financial Reporting:
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure timely and accurate financial reporting in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS).
Budgeting and Forecasting:
- Develop and manage the annual budgeting process in collaboration with various departments.
- Monitor financial performance against budgets and forecasts, providing insights and recommendations for improvement.
Internal Controls:
- Implement and maintain strong internal controls to safeguard company assets and ensure compliance with financial regulations.
- Conduct regular audits to assess the effectiveness of internal controls and make necessary adjustments.
Compliance:
- Ensure compliance with local, state, and federal financial regulations and reporting requirements.
- Stay abreast of changes in financial regulations and update policies and procedures accordingly.
Cash Management:
- Manage and optimize the organization's cash flow, ensuring sufficient liquidity to meet operational needs.
- Develop and implement cash management strategies to maximize returns on surplus funds.
Financial Analysis:
- Conduct financial analysis to support strategic decision-making and provide recommendations for cost reduction or revenue enhancement.
- Identify key financial performance indicators (KPIs) and track them to assess the company's financial health.
Team Leadership:
- Lead and manage the finance team, providing guidance, coaching, and support.
- Foster a culture of continuous improvement and professional development within the finance department.
Collaboration:
- Work closely with other departments, especially with senior management, to provide financial insights and support strategic initiatives.
- Collaborate with external auditors, tax professionals, and regulatory authorities as needed.
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Posted By
Posted in
Banking & Finance
Job Code
1465897
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