Position Title: FINANCE OFFICER
The Finance Officer takes charge of the financial health of our company by administering accounting operations to meet legal requirements. Should be familiar with audits, invoices and budget preparations. Candidate demonstrates interest in managing accounting activities, including bank reconciliations, accounts payable and accounts receivable. Should also have excellent organizational skills and be able to handle time-sensitive tasks.
Ultimately, be responsible for the day-to-day management of our financial transactions and procedures.
Duties and Responsibilities:
- Participate in regular budget and growth strategy meetings with other types of financial managers, as well as the chief financial officer. These meetings often determine which tasks are prioritized on a daily basis.
- Analyze investment opportunities. The corporation may have investments in stocks and bonds as a part of their revenue growth strategy. It is the responsibility of the finance officer to make sure the company’s investment capital is spent to best maximize profit.
- Generate revenue growth ideas. One of the primary responsibilities of the finance officer is to figure out ways to make the company more money. This requires a deep understanding of the company’s offerings, their unique value proposition, and current market trends.
- Finance officers oversee all merger and acquisition proceedings under the direction of the chief financial officer. This includes constantly prospecting for merger and acquisition opportunities, building rapport with decision makers, presenting the idea of a merger or acquisition, and then negotiating the terms.
- Finance officers are experts in all of the regulations set forth by the United States Treasury Department; they use this expertise to make sure their employer avoids the steep fines associated with non-compliance.
- Keep accurate records for all daily transactions
- Prepare balance sheets
- Document controlling for requisitioning and invoicing
- Record accounts payable and accounts receivable
- Update internal systems with financial data
- Prepare monthly, quarterly and annual financial reports
- Reconcile bank statements
- Participate in financial audits
- Track bank deposits and payments
- Assist with budget preparation
- Review and implement financial policies
Education and Experience Requirements:
- Proven work experience as a Finance Officer or similar role
- Solid knowledge of financial and accounting procedures
- Experience using financial software
- Advanced MS Excel skills
- Knowledge of financial regulations
- Excellent analytical and numerical skills
- Sharp time management skills
- Strong ethics, with an ability to manage confidential data
- BSc degree in Finance, Accounting or Economics
- Professional qualification as a CFA/CPA is considered a plus