Financial Management Specialist

4 days ago

Newark, New Jersey, United States Hire Point Recruiting Full time
Job Title: Finance Manager

Job Summary:

The Finance Manager will play a critical role in supporting the organization's strategic objectives by overseeing all aspects of financial management, accounting, and reporting. This position requires close collaboration with the CEO to ensure the efficient and effective management of financial resources.

Key Responsibilities:

  • Manage financial reporting, accounting, planning, and analysis activities to ensure accurate and timely financial information.
  • Oversee bookkeeping and customer invoicing processes to ensure seamless financial transactions.
  • Handle supplier payments and other financial tasks to maintain a robust financial system.
  • Develop and monitor budgets, analyze cash flow, and track income and expenditures to inform business decisions.
  • Prepare and present financial reports and updates for meetings and other purposes as needed to ensure transparency and accountability.
  • Collaborate with third-party consultants to ensure the accuracy of financial reports and maintain compliance with regulatory requirements.
  • Assist in the preparation of accounts and financial reporting for monthly, quarterly, and annual audits to ensure a smooth audit process.
  • Coordinate the preparation of annual and other budgets, and produce management accounts to inform business planning.
  • Conduct scenario analysis, including reviewing assessment rates, to identify opportunities for improvement.
  • Evaluate internal processes annually to maintain a robust system of internal controls and ensure compliance with regulatory requirements.
  • Monitor and report expenditures against forecasted budgets to ensure financial discipline and accountability.
  • Work with the CEO to explore and advise on alternative income generation and collection models to drive business growth.
  • Provide risk management advice and recommendations based on financial analysis to ensure the organization's financial stability.
  • Analyze future opportunities and threats, offering strategic financial advice to inform business decisions.
  • Support decision-making through the business planning process by providing accurate and timely financial information.
  • Draft contracts, financial policies, and Memorandums of Understanding (MOUs) to ensure compliance with regulatory requirements.
  • Perform additional duties as assigned by the CEO to ensure the organization's financial success.

Qualifications:

  • A degree in finance or accounting, with an advanced accounting qualification preferred.
  • Five to ten years of experience in accounting or financial management.
  • Experience in financial management, including the preparation of financial statements, budget development, and cash flow forecasting.
  • Strong understanding of accounting standards and familiarity with relevant legislative and regulatory frameworks.
  • Proven track record in managing significant budgets efficiently.
  • Advanced analytical and problem-solving skills with a high level of attention to detail.
  • Expertise in Excel and accounting software.
  • Experience preparing for and working with auditors during annual audits.
  • Excellent interpersonal skills, with a friendly and positive attitude.
  • Ability to multitask and manage competing priorities effectively.
  • Knowledge of Special/Business Improvement Districts is advantageous.
  • Strong oral and written communication skills, with the ability to produce clear and user-friendly budget and financial reports.
  • Ability to understand, analyze, and explain federal and state fiscal requirements and regulations.
  • Proficiency in accounting and financial software programs.

Salary Range: $70k - $75k

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