Finance Manager Responsibilities and Duties

Posted in Job Responsibilities

Oversee the overall corporate budgeting preparation, management and monitoring processes.

Perform financial analysis, reporting and management activities.

Ensure that the financial reports are prepared and delivered on time.

Review financial data for accuracy, correctness and completeness.

Hire and train new employees on financial operations.

Monitor and manage all expense within the allotted budget.

Establish key financial strategies to enhance business profitability.

Ensure financial team follows company policies and regulations.

Develop standard accounting procedures to improve financial operations efficiency.

Participate in performance evaluation of finance staff and conduct counseling sessions to identify skill development needs.

Review annual budgets and recommend any changes if needed.

Assist in account payable and receivable activities.

Perform account reconciliation activities.

Generate financial reports related to budgets, account payables, account receivables, expenses, etc.

Ensure accurate calculation and distribution of salaries and other benefits to employees.

Establish accurate forecasts regarding expenses and revenues and manage regular reporting requirements.

Monitor competitor activity and stay updated about latest industry trends.

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