Assistant Director of Finance

JOB SUMMARY/PURPOSE: • Assistant finance director is involved in the planning and implementation of organizational policies for preparing financial statements in accordance with the industry standards and state or national authorities.
• Assistant director of finance in an organization goes through the transactions of the organization and follows Generally Accepted Accounting Principles (GAAP) to prepare balance sheet and analyze the profit or loss for the financial year.
They will also calculate the tax and assists the internal and external auditors.
While doing all this, they must ensure that the records are accurate to analyze the current financial status of the organization.
It also helps in planning future goals and objectives.
• They must work in close coordination with the fellow workers and collect all the information from the accounting staff.
Is responsible to verify the transactions before finalizing the statements.
Assistant finance director can be asked to present the financial statements in the board meeting.
PRINCIPAL RESPONSIBILITIES: • Devise and implement policies: Assistant director of finance researches the industry standards adapted for preparation of accounts and accordingly devises the organizational policies with the senior management team.
• Authenticate fiscal transaction: The assistant director of finance examines the transaction daily and instructs the accounting staff to maintain the records in the accounting software.
Any reconciliation in the accounts is also performed by the assistant director of finance in coordination with the Controller.
• Budgeting: Assistant director of finance works out the yearly budget with the senior management team and other personnel in the finance department.
• Risk management: perform risk management for the organization to prevent any incidences that may cause losses.
• Training: conduct training sessions for the accounting staff and other personnel in the finance department.
• Monitoring: monitor the effectiveness of policies and systems and suggest modifications to improve effectiveness.
• Additional duties and tasks as assigned by manager Requirements: Bachelor’s Degree in Accounting 5 - 10 years in key financial positions Computer literate in Microsoft Office Software.
Strong Excel skills.
Active listening skills and ability to articulate information both verbally and in writing.
Normal speech, hearing, and vision, lifting of 45 pounds.