Cheif Financial Officer

Job description

This position is responsible for the planning, implementation, management, and oversight of all financial activities, including business planning, budgeting, forecasting, and negotiations. The role involves directing financial operations to ensure optimal accountability and return on investments, while maintaining a broad strategic perspective. The Chief Financial Officer (CFO) manages the organizations financial affairs, including procurement, investments, and prepares financial analyses and statements for review by the Board of Directors and Executive Management. All responsibilities are to be performed in accordance with the policies and procedures of the organization The CFO serves as a public relations ambassador for the Enterprise and is expected to maintain courteous and professional interactions with customers. Other related duties may be assigned by management.

Duties and Responsibilities:

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  Execute the financial strategy

  
  

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  Establish credibility within the organization and with the Board as a solution-oriented leader.

  
  

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  Delegate authority for the management of funds, including receipt, disbursement, and banking.

  
  

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  Analyze financial progress and records to forecast future financial positions and budget needs.

  
  

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  Apply accounting principles to evaluate past and present financial operations and estimate future revenues and expenditures.

  
  

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  Coordinate the budgetary process across the Enterprises, conferring with managerial staff to review activity, sales, and operating reports.

  
  

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  Establish, modify , and oversee accounting control procedures to ensure compliance with regulatory requirements and Generally Accepted Accounting Principles (GAAP).

  
  

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  Direct the efforts of the Controller and team to execute directives.

  
  

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  Prepare financial reports, including balance sheets, income statements, and cash flow statements, for review by Executive Management (link removed)

  
  

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  Oversee internal and external audits, ensuring that auditors' recommendations are implemented.

  
  

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  Prepare tax returns and reports for regulatory agencies and ensure compliance with applicable regulations.

  
  

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  Monitor and recommend adjustments to company investments and lines of credit.

  
  

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  Submit monthly and year-end financial reports to the Board, providing explanations as needed.

  
  

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  Study long-term economic trends and project company prospects for future growth and expansion.

  
  

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