Finance Manager manages the daily financial activities and functions for an organization including accounting, budget, credit, insurance, tax, and treasury. Ensures all financial operations are in compliance with governmental rules and regulations. Being a Finance Manager forecasts and manages a cash flow that meets the needs of the company. Provides guidance to managers in financial reporting objectives and standards to ensure accurate, compliant and useful financial reporting is produced. Additionally, Finance Manager oversees the budget process and works with managers to produce and manage effective budgets. Acts as an advisor to management on regulations and other matters that may impact the financial activities of the company, engaging with outside consultants if applicable. Requires a bachelor's degree. Typically reports to a senior manager or director. The Finance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Finance Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
JOB SUMMARY
Accountable for the day-to-day activities of the branch. Ensures that all policies and procedures are carried out effectively. Maintains communication between the staff and upper management. Provides support, training, and guidance to the staff. THE FIRST DUTY OF A MANAGER IS TO PRODUCE A SATISFACTORY PROFIT.
REPORTING RELATIONSHIPS
The Manager position oversees 1 to 4 employees within their location.
DUTIES & ESSENTIAL JOB FUNCTIONS
The manager must make sure that all daily duties of the branch and staff are completed every day. Efficiency is maintained by training employees continuously on company policy and procedures. Ensures all Federal, State, and Local laws are in compliance and that best ethical standards are followed. The manager provides leadership necessary to motivate employees and creates and maintains a high degree of branch production by meeting and exceeding company standards involving loans, collections, and expense control. The Manager must maintain consistent growth in accounts and receivables through retention of customers and effective advertisement. As needed, special reports may have to be prepared. By controlling the assets, proper credit extension, collection routine, thorough follow-up, and handling of past-due customers, the manager will create and maintain a successful and profitable branch.
OTHER FUNCTIONS AND RESPONSIBILITIES
EXPECTATIONS
All branch managers must know and understand that nothing less than the following expectations is acceptable:
REQUIRED
Previous manager experience in the finance industry a plus. A high school diploma or equivalence is required.
PHYSICAL REQUIREMENTS/WORK ENVIRONMENT
The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is primarily sedentary in nature; no special demands are required.