Finance Manager Job Description

Job Responsibilities:

• Implements financial and accounting best practices and oversees critical accounting procedures to ensure legal compliance with financial reporting and banking regulations at the local, state, and federal level.
• Leads planning and forecasting activities with business partners to achieve investment and accounting goals.
• Hires, onboards, trains, supervises, coaches, assesses, and provides performance feedback to finance team members.
• Maintains and revises accounting systems as needed.
• Reviews financial reports and advises corrective action accordingly.
• Collects and analyzes data to prepare financial forecasts and suggest strategies to address challenges and leverage strengths.
• Analyzes revenue, expenses, cash flows, and balance sheets to optimize profitability and transparency.
• Assists and supports upper-level management to ensure sound financial decision-making that is in the long-term best interest of the organizational mission.
• Reviews and processes payments made to clients, vendors, and other business partners.
• Looks for ways to cut costs without impairing the long-term financial health of the organization.
• Studies market trends and section-specific data to maximize profits and growth.
• Maintains an accurate filing and record-keeping system for all financial statements and company documents.
• Executes revisions and updates to procedures, policies, and systems to facilitate the expansion and scaling of the business and increase transparency and compliance.
• Engages in sector-specific professional development opportunities to identify opportunities for continuous improvement in the financial operations of the business and encourages and enables direct reports and other staff to do the same.

Qualifications and Skills:

• Knowledge of accounting, economics, and financial principles
• Leadership and team-building skills
• Administrative and management skills
• Strong quantitative skills
• Thoroughness, attention to detail, and organizational skills
• Risk management skills
• Process-driven
• Critical thinking
• Communication and presentation skills
• Working, up-to-date knowledge of Generally Accepted Accounting Principles (GAAP)
• Ability to manage multiple projects and deadlines simultaneously
• Capacity to read and comprehend large amounts of information quickly
• Confidentiality and discretion
• Adept at analyzing data and information and recognizing patterns to build financial forecasting models
• Strategic decision making
• Financial modeling skills

Education, Experience, and Licensing Requirements:

• BA or BS in economics, finance, accounting, economics, or related field
• Up-to-date Certified Public Accountant (CPA) license preferred
• 3-5 years of managerial experience