
Finance Operations Director
1 day ago
Role Overview:
The Finance Manager will play a pivotal role in overseeing financial operations, preparing budgets, conducting financial analysis, and providing strategic financial insights to support the company's growth and profitability.
Responsibilities:
- Cash Management:
- Control cash position on a daily basis to ensure liquidity and minimize risks.
- Analyze cash flow, revenues, and expenditures to optimize financial performance and make data-driven decisions.
- Manage all accounts payable and accounts receivable, including collections and payments, to maintain a healthy cash cycle.
- Follow up on clients' and suppliers' general ledger, reconciliation, and confirmations to ensure accuracy and compliance.
- Monitor and analyze inventory levels, costs, pricing, variable contributions, sales results, and company performance compared to business plans to identify areas for improvement.
- Analyze department profitability and performance to provide actionable insights and recommendations.
- Prepare financial reports and interpret financial information to managerial staff while recommending further courses of action.
- Review financial data and prepare monthly and annual reports to track progress and identify trends.
- Develop yearly budgeted business plan, monitoring and reporting to ensure alignment with company goals and objectives.
- Provide insightful information and expectations to senior executives to aid in long-term and short-term decision-making.
- Track the company's financial status and performance to identify areas for potential improvement.
- Monitor day-to-day financial operations, such as payroll, invoicing, and other transactions, to ensure accuracy and efficiency.
- Identify and mitigate financial risks to the company through proactive measures and strategic planning.
- Lead and manage the accounting team, providing training and development opportunities to enhance their skills and knowledge.
- Establish and maintain financial policies and procedures to ensure compliance with local and international tax regulations.
- Coordinate with various teams to implement financial policies efficiently and effectively.
- Provide financial guidance to senior management to maximize profits and minimize costs.
- Implement strategies to improve the company's financial status and achieve its goals and objectives.
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