Chief Financial Officer
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Job Description
Nature Of Duties
Oversees Accounting department, budget preparation, and audit functions.
Works with other department heads to monitor each department and make recommendations.
Duties/Responsibilities
Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
Reviews planning process and suggests improvements to current methods.
Analyses operations to identify areas in need of reorganization, downsizing, or elimination.
Works with the President and other executives to coordinate planning and establish priorities for the planning process.
Studies long-range economic trends and projects their impact on future growth in sales and market share.
Identifies opportunities for expansion into new product areas.
Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
Execute the financial strategy of the company
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Manage financial controls and accounting procedures
Ensure full transparency over the financial performance of the company
Provide advice on how to increase revenue and reduce costs
Effectively and clearly communicate potential risks in a timely manner
Propose action plans to ensure that annual financial objectives are attained
Support the CEO with the preparation of monthly and annual financial plans
Maintain speed and accuracy of billings and client payments
Coordinate and produce all tax documentation as required.