Finance Account Job Description
Finance account
provides leadership to finance and contracts aspects of the project, including general financial management and processes, subaward financial management, and accounting.
Finance Account Duties & Responsibilities
To write an effective finance account job description, begin by listing detailed duties, responsibilities and expectations. We have included finance account job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure assigned processes are running efficiently and effectively
Primary contact for opening of Business Deposit Account (for assigned relationship managed clients), following procedures relative to account opening process, fraud prevention, custody, anti-money laundering, Opportunity spots and cross-sells other cash management products during the client contact
Provide guidance and leadership by assimilating and contributing a substantial level of knowledge regarding the competitive environment, market intelligence, and general industry trends that impact the leasing, financial services your customer's industries
Negotiates terms and conditions, prices, structures, and quote transactions based on customer needs, market conditions, and bank requirements, determining weather the lease will be an acceptable risk
Manages an agreed allocation of employer accounts, developing multi-level relationships, including top to top engagement
Works with the Marketing team to develop and deliver employer focused marketing initiatives/campaigns throughout the ye
Works with Head of Employer Relationships to develop and deliver a proactive business strategy with specific focus on growth, reputation & influence
Sources future business opportunities and develops key relationships within those organisations
Obtains and maintains the integrity of organisational information including key stakeholders, contact details and history on the CRM system
Reports regularly on progress through the appropriate reporting mechanisms on agreed employer related targets
Finance Account Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Finance Account
List any licenses or certifications required by the position: CIMA, ACCA, CPA, MBA, CMA
Education for Finance Account
Typically a job would require a certain level of education.
Employers hiring for the finance account job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Education, Management, Economics, MBA, Business/Administration, Financial Services, Communication
Skills for Finance Account
Desired skills for finance account include:
Job-relevant issues
Processes
Products
Systems
Financial and accounting processes
Account management
Legal regulations
Negotiation
Policies and procedures
Structured finance transaction documentation
Desired experience for finance account includes:
Strong interpersonal skills to work with client’s CFOs & Controllers internal Bank staff such as VP's, Directors, Sales Directors, Administrative / Operations staff
Knowledge of all aspects of equipment finance and leasing preferred - specifically with special emphasis on accounting, taxation, credit, pricing and security
Additional European languages preferred, but not required
In-depth understanding of area of product expertise (ie
Ability to prioritize workload and remain professional at all times
Develop and work a pipeline of potential customers’ growth within existing base
Finance Account Examples
1
Finance Account Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of finance account. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for finance account
- Investigating and resolving payment issues
- Taking an active role in the opening of bank/custody accounts in various jurisdictions
- Maintaining and providing updates to the group’s internal wire tracking system
- Monitoring daily wire movements for both trading and management company accounts globally
- Taking an active role in the opening of bank/custody accounts in various jurisdictions (inclusive of review of terms and fee schedules and interaction with local bank representatives)
- Maintaining and providing updates to the group's internal wire tracking system, with a watchful eye toward proper controls
- Responsible for accurate financial projections on customer proposals and renewals, including presentation and routing of proposals for management approvals when required
- As part of proposal development, provides the sales team with recommendations on the program financial elements and structure
- Provides direct support to the Corporate Accounts team in the financial management and administration of the Corporate Accounts business
- Works with Legal and Corporate Accounts in gathering of information, and the development, coordination and review of contracts
Qualifications for finance account
- Practical experience in application development and/or client solution delivery
- Understanding of current technology trends and process quality methodologies and how these can be applied to the partner’s business and the Requirements Practice
- Adept at managing multiple priorities high in complexity and of strategic importance to clients and/or the organization
- Fully capable of providing managerial direction for broad, diverse and complex requirements functions within a work unit
- Provides long-term strategic guidance to major work units
- High order communication and interpersonal skills
2
Finance Account Job Description
Job Description Example
Our growing company is looking for a finance account. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for finance account
- Research and update systems of record to accurately reflect obligations of contractual parties
- Information gathering for preparation of the annual pricing plan
- Serve as a liaison between sales and various internal administrative department managers and division management to communicate and implement programs and projects
- FP&A support on the monthly estimation, business reviews and annual planning exercise for the total Asia Pacific Institutional business
- Data mining and maintenance of database and help consolidate AP information for global requests
- Work with our client advisory team to deliver targeted and substantive content solutions for members
- Master the research terrain for the membership, and monitor industry trends as required
- Use existing relationships to contact new business leads within the member organisation
- Pursue, negotiate, and close cross-sell opportunities, leading senior executives into active membership status though a consultative sales approach
- Customise account plans for member companies, outlining service delivery, revenue growth strategies, and potential additions for existing memberships
Qualifications for finance account
- Substantial Commercial Finance experience – contract profitability, deal analysis, product/ mix profitability, pricing
- Takes initiative, is detailed oriented and understands customer relationships
- Work with product partners to ensure targeted and substantive resolution of diagnosed client needs
- Formal on-boarding programme to help you build a foundation for success
- Professional development and advancement based on performance
- Various incentive campaigns to recognize top performers’ achievements
3
Finance Account Job Description
Job Description Example
Our growing company is looking for a finance account. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for finance account
- Engaging internal resources and providing direction and leadership in each sales engagement
- Identify, create, and execute innovative and effective financing solutions to assist with your dealers’ truck selling efforts
- Grow strong relationships with your dealers and their customers
- Manage the existing portfolio, ensuring customer service expectations are met and assisting the risk team with any distressed accounts
- Have the financial acumen to be able to read and analyze financial statements and structure value-added deals for customers within reasonable risk tolerances at appropriate returns
- Maintain high service level standards with your dealers by leveraging your effective communication skills, solution-oriented mindset, sense of urgency, and positive attitude
- Call customers to offer solutions to delinquency, including settlement of monthly rents, asset sales, or renewals
- Effectively call on assigned portfolio of delinquent monthly lease renewal rentals and other open charges due
- Create and quote buyouts to customers, including proper assessments of fair market values (FMV)
- Structure and Negotiate fixed term FMV and Trac renewals driving customer retention
Qualifications for finance account
- Bachelor degree or at least College, major in Accounting/Financial - New graduation/ have 1 year of Experience as AP accountant - Good in both written and spoken English - MS Words, Excel, PowerPoint
- Full benefits package—including medical, dental, vision, pension, ample paid time off, and more
- Minimum of 3 years of experience in positioning and selling complex technology and/or software solutions to new prospects
- Trained in Target Account Selling, Solution Selling, Strategic Selling or similar technique
- Experience selling/navigating a complex sale
- A proven track record of consistent over quota achievement within a solutions software vendor
4
Finance Account Job Description
Job Description Example
Our innovative and growing company is hiring for a finance account. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for finance account
- Coordinate customer return of assets and ensuring satisfaction of stated return conditions
- Review customer or program contractual agreements and obligations and ensure offerings are within associated guidelines
- Field customer inquiries regarding end of term options, including the return process and buyout and renewal options
- Negotiate solutions with customers that maximize income generation and adhere to portfolio objectives
- Review assigned portfolio, analyze status and ensure that appropriate follow-up is taken on all expiring and expired accounts
- Issuing other operational invoices Damage, 3rd party recovery cost and ensure that invoice be sent out within timeline
- Payroll accounting functions such as balances, reconciliation, ACH payments
- Creation of journal entries to support Payroll updates
- Payroll reporting functionalities ad hoc reporting
- Wage and Tax adjustments as required
Qualifications for finance account
- Sales Excellence - must have proven ability in leasing from opening business opportunities to closing major deals needing significant perseverance and creativity
- Heavy telesales experience is required
- Verifiable W2’s will be required
- The position requires approximately 40% - 50% travel within territory
- Minimum of 5 years customer service or collections experience, preferably within the finance industry
- Working knowledge of credit disciplines preferred
5
Finance Account Job Description
Job Description Example
Our growing company is looking to fill the role of finance account. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for finance account
- Define changes to streamline accounting and administrative processes for ERP implementation in the accounting area
- Maintain New Development’s P&L and balance sheet on both a regional level and overall
- Devise forecasting and tracking methods for future contract signings and closings per each project (at the unit, project, and department level) on a quarterly and annual basis
- Assist in assessing new project financial structures
- Maintain detailed records of each exclusive marketing and sales agreement and all business points
- Track and issue invoices to client for consulting fees, staff costs, draws, reimbursable costs
- Track and issue invoices for marketing expenses
- Track consulting projects on an hourly basis and issue invoices
- Monitor Accounts Receivable and update managing directors monthly on status of accounts
- Liaise with client’s accounting department to ensure timely payment of all accounts receivable
Qualifications for finance account
- Proficient understanding of financial theory of lease vs
- Good communication skills, the ability to interact with others
- Three or more years’ experience in either a sales, risk or analyst role in a financial services company
- Bachelor’s degree (or H.S
- Two (2) years of experience with consumer lending practices
- Familiar with use of Access databases