1.Financial Reporting and Analysis: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements. Provide insights into financial performance, trends, and areas for improvement.
2.Budgeting and Forecasting: Develop and monitor budgets, and work closely with other departments to ensure financial plans align with the company's strategic goals. Forecast financial performance based on market trends and business projections.
3.Compliance and Risk Management: Ensure compliance with relevant financial laws and regulations, as well as internal policies and procedures. Implement and maintain internal controls to safeguard company assets and minimize risk.
4.Financial Operations Management: Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and general ledger activities. Monitor cash flow and manage working capital efficiently.
5.Auditing and Taxation: Coordinate and assist with external audits and tax filings to ensure accurate and timely reporting. Liaise with auditors and tax authorities as needed.
6.Financial Strategy and Decision Support: Collaborate with senior management in developing financial strategies and evaluating investment opportunities. Provide financial analysis to support strategic decision-making.
7.Team Leadership and Development: Supervise and mentor finance team members, ensuring their professional growth and performance.
8.ERP System Management: Utilize and manage financial software systems and Enterprise Resource Planning (ERP) systems to streamline financial processes and reporting.
9.Financial Planning and Modeling: Develop financial models and scenario analysis to support long-term financial planning and resource allocation.
10.Stakeholder Communication: Present financial results and analysis to stakeholders, including executives, board members, and investors. Communicate complex financial concepts in a clear and concise manner.