Job Summary: The finance director will be responsible for managing financial transactions, ensuring accurate financial record-keeping, and providing financial reports that support decision-making. The role includes general ledger accounting, reconciling accounts, ensuring compliance with regulatory requirements, and supporting month-end and year-end closing processes.
Key Responsibilities:
- Financial Record Maintenance:
- Record financial transactions, including journal entries, in accounting systems.
- Maintain and update the general ledger, ensuring all entries are accurate and comply with accounting standards.
- Reconciliation:
- Reconcile bank statements, accounts payable/receivable, and other financial records.
- Resolve any discrepancies in a timely manner.
- Reporting:
- Prepare monthly, quarterly, and annual financial reports.
- Assist with budget preparation and variance analysis.
- Support internal and external audits by preparing audit schedules and documentation.
- Compliance:
- Ensure compliance with local, state, and federal regulations.
- Stay up to date with changes in tax regulations and other relevant laws affecting the business.
- Accounts Payable and Receivable:
- Monitor and manage the company’s payables and receivables.
- Ensure timely payment of invoices and follow up on outstanding receivables.
- Financial Analysis:
- Provide financial analysis and recommendations to management.
- Assist with cost analysis, forecasting, and budgeting.
- Internal Controls:
- Support the development and implementation of internal financial controls to safeguard company assets.
- Identify areas for improvement in financial processes.
- Collaboration:
- Work closely with other departments to provide financial insight and support business operations.
- Assist with special projects as assigned by the Finance Manager or Senior Accountant.
