What is the job descriptions of finance manager?

 Advice the new source of Income and improve the profitability of an organization by maximum utilization of resources and improve the quality and quantity of financial return of the company. Lead and install proper  corrective measures on different complicated and high risk areas to overcome the bottlenecks to achieve the target of the management and make everything in normal , under control

Duty of finance Manager is Arrangement  and Allocation  of funds and finance raising of funds for achievement of organizational objectives preparation and  monitoring, Analysis  annual financial reports , Balance sheet of an organization

 The functions of the finance manager position can be considered identical to a treasurer position, or as a "light" treasurer who has additional analysis responsibilities that include support of the management team in a variety of operational decisions

Basic Function: The functions of the finance manager position can be considered identical to a treasurer position, or as a "light" treasurer who has additional analysis responsibilities that include support of the management team in a variety of operational decisions. This job description assumes the latter view of the finance manager position. As such, the finance manager should manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance. The position is considered to be more senior than the financial analyst position.

Principal Accountabilities:

Management

Maintain a documented system of accounting policies and procedures

Manage outsourced functions

Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives

Funds Management

Forecast cash flow positions, related borrowing needs, and available funds for investment

Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

Maintain banking relationships

Assist in determining the company's proper capital structure

Arrange for equity and debt financing

Invest funds

Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Budgeting

Manage the preparation of the company's budget

Report to management on variances from the established budget, and the reasons for those variances

Assist management in the formulation of its overall strategic direction

Financial Analysis

Engage in ongoing cost reduction analyses in all areas of the company

Review the performance of competitors and report on key issues to management

Engage in benchmarking studies to establish areas of potential operational improvement

Interpret the company's financial results to management and recommend improvement activities

Review company bottlenecks and recommend changes to improve the overall level of company throughput

Participate in target costing activities to create products that meeting predetermined price goals

Assist in the determination of product pricing in relation to features offered and competitor pricing

Compile key business metrics and report on them to management

Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis

Create additional analyses and reports as requested by management

Additional Accountabilities:

Oversee the extension of credit to customers

Desired Qualifications: The finance manager candidate should have a Bachelor's degree in finance or accounting, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation.  Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations. Excellent communication skills are essential, particularly in regard to presenting the results of analyses to management. Should have an outstanding knowledge of electronic spreadsheets.