Discover the essential requirements, duties, responsibilities, and skills needed for a Director of Finance job description.
What does a Director of Finance do?
A director of finance is responsible for managing and planning a company's finances. They use their analytical skills to make sure the company's money is being used effectively and to identify solutions to any financial issues. They also prepare reports to track the company's financial performance.
Job Description
We are looking for a highly-analytical director of finance to lead our company's financial planning and accounting operations. In this role, you will use your expertise in accounting to manage the company's finances and provide guidance on how to grow our business. You will set financial goals, create budgets, and analyze financial data. We are looking for someone with strong communication and leadership skills who can help our company become profitable and successful.
Job Duties and Responsibilities
- Manage the company's financial planning by evaluating its performance and identifying potential risks.
- Analyze financial data regularly.
- Create budgets that meet the needs of different departments within the company.
- Set goals and oversee all financial employees, including management accountants and internal auditors.
- Supervise audits and internal control processes.
- Prepare detailed reports on the company's financial performance.
- Ensure compliance with financial laws and regulations.
- Identify trends in the company's spending and revenue and suggest solutions for any problem areas.
- Communicate with outside financial entities on behalf of the company.
Requirements and Qualifications
- Bachelor's degree in accounting, finance, or a related field.
- At least 5 years of experience in financial management.
- In-depth knowledge of accounting software, corporate principles, and financial analysis.
- Strong communication and interpersonal skills.
- Analytical mindset with excellent organizational abilities.
- Exceptional leadership abilities.
Director of Finance Salary
The earning potential of a Director of Finance can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Director of Finance in the United States is approximately $198591.
Alternative Careers and Similar Jobs to a Director of Finance
Find Director of Finance Job Vacancies – Start Your Career in Director of Finance