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Financial Operations Manager
2 months ago
Job Description: Financial Operations Manager
Position Overview: We are seeking an experienced and strategic Financial Operations Manager to oversee and optimize our financial operations. The Financial Operations Manager will play a pivotal role in managing day-to-day financial activities, implementing operational efficiencies, and ensuring compliance with financial regulations. This position requires strong leadership skills, financial acumen, and the ability to drive continuous improvement in financial processes.
Roles and Responsibilities:
- Financial Operations Oversight: Manage and supervise daily financial operations, including accounts payable/receivable, financial reporting, budget management, and payroll.
- Process Improvement: Identify opportunities for process improvements, streamline financial procedures, and implement best practices to enhance efficiency and accuracy.
- Financial Analysis: Conduct financial analysis, variance analysis, and forecasting to provide insights into financial performance and support strategic decision-making.
- Compliance and Regulations: Ensure compliance with financial regulations, accounting standards (GAAP/IFRS), and internal controls in all financial operations and reporting.
- Budget Management: Develop, monitor, and manage financial budgets, forecasts, and financial plans to achieve organizational goals and objectives.
- Financial Reporting: Prepare and review financial reports, statements, and analysis for senior management, stakeholders, and regulatory bodies.
- Risk Management: Identify financial risks, assess impact, and implement risk mitigation strategies to safeguard financial assets and ensure business continuity.
- Audit Coordination: Coordinate and support internal and external audits, ensuring timely responses to audit inquiries and implementing audit recommendations.
- Team Leadership: Supervise and mentor finance team members, providing guidance, training, and performance feedback to foster professional growth and development.
- Collaboration: Collaborate with cross-functional teams, including finance, operations, HR, and IT, to support strategic initiatives and business objectives.
Skills Required:
- Bachelor's degree in Finance, Accounting, Business Administration, or related field (Master's degree, CPA, or relevant certifications preferred).
- Proven experience as a Financial Operations Manager, Finance Manager, or in a similar role with a track record of success in financial management and operations.
- Strong understanding of financial principles, financial systems, and financial analysis techniques.
- Excellent leadership and management skills, with the ability to inspire and motivate a team to achieve departmental goals.
- Advanced proficiency in financial software, ERP systems, and Microsoft Office Suite (Excel, Word, PowerPoint).
- Analytical mindset with the ability to interpret financial data, analyze trends, and make data-driven decisions.
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and present financial information to stakeholders.
- Strategic thinking and problem-solving abilities, with a focus on continuous improvement and operational excellence.
- Ethical standards and integrity in handling confidential financial information and sensitive data.
Compensation:
- Competitive salary based on experience and qualifications.
- Performance-based bonuses and incentives tied to financial performance, process improvements, and team achievements.
- Comprehensive benefits package including health insurance, retirement plans, and professional development opportunities.