Financial Director Job Description
Financial director
provides accounting guidance and support to the global finance and accounting group, including guidance related to revenue recognition, purchase accounting, required asset impairment assessment, foreign currency translation, and intercompany reconciliation.
Financial Director Duties & Responsibilities
To write an effective financial director job description, begin by listing detailed duties, responsibilities and expectations. We have included financial director job description templates that you can modify and use.
Sample responsibilities for this position include:
Robust planning and budgeting and insightful analysis
Serve as a key partner to the Finance community to identify ways in which IT can better enable the business in areas of Consolidations, Internal & External Reporting, Planning, Sales Audit, Loss Prevention, Treasury, Internal Audit, Human Capital Management and Store Lifecycle Management (Lease Administration & Accounting)
Review and maintain a system of internal accounting controls to ensure integrity of reports
Draft support memorandums to support accounting positions for complex transactions
Research and monitor governing accounting bodies
Develop and maintain application configuration and meta-data
Oversee the Company's public reporting processes including the quarterly supplemental analyst package and SEC filings (Forms 10-K, 10-Q, 8-K ) and tax compliance and partnership returns
Lead a team comprised of reporting managers
Manage and coordinate various department projects as applicable to continue to build efficiencies
Serve as key client contact
Financial Director Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Director
List any licenses or certifications required by the position: CPA, FEMA, CFP, PMP, MBA, SOX, HFMA, CFA, CMA, YMCA
Education for Financial Director
Typically a job would require a certain level of education.
Employers hiring for the financial director job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Management, MBA, Business, Education, Business/Administration, Economics, Graduate, Communication
Skills for Financial Director
Desired skills for financial director include:
Accounting
Related business fields and disciplines
Principles and theories of finance
Practices and procedures within a larger design firm
Related industry
Accounting software
Budgeting
Company Law
Corporate Governance
Employment Law and Currency Management
Desired experience for financial director includes:
Experience managing and overseeing a Financial Compliance function is required
Strong financial and internal control background is required
Proven project management experience with demonstrated "leadership" characteristics a must
Ability to manage multiple projects and competing priorities while working within both pre-determined and accelerated timetables
Experience in the successful selection and implementation of a Financial Compliance software application is desired
10+ years financial experience in cosmetics or consumer goods preferred
Financial Director Examples
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Financial Director Job Description
Job Description Example
Our company is looking for a financial director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial director
- Collaborate with VP, Chief Accounting Officer, EVP, Chief Financial Officer, and executives within each department to develop centralized reporting on departmental costs and key performance indicators
- Provide the Executive and Board with easy to follow clear, meaningful and timely financial information on a weekly, monthly, quarterly basis (including re-forecasts) and ensure the timely completion of annual accounts for, the external audit
- Develop a diverse workforce which is flexible and agile
- For one or two insurance subsidiaries, responsible for writing and/or coordinating the preparation of variance analysis on statutory statement results, which is used to compile the Statutory MD&A (Managements Discussion & Analysis) and other internal/external analysis, presentations on statutory results for senior officers and subsidiary board meetings
- Assist in the preparation of Company responses to letters from various State and other regulators asking about certain variances, within the Statutory Financial Statements
- Filing of two annual Form 10-K’s, two quarterly Form 10-Q’s two quarterly Form 8-K’s, and quarterly corporate earnings release (possible Form S1 filing)
- Filing of all legal entity bank reporting and analyst call information
- Provide timely advice regarding SEC reporting issues
- Assist in the preparation of various other SEC reports (ie
- Review/prepare Form 10-Qs, 10-Ks, 8-Ks, Proxy, XBRL and other SEC filings
Qualifications for financial director
- Proficient in SAP, CPM, Microsoft Office Suites (Excel and Powerpoint)
- Requires a minimum of 10 years’ experience in financial & strategic planning, reporting & analysis, and decision support in the retail environment which includes at least 5 years in a senior financial leadership role
- Possesses advanced technical understanding of financial and strategic planning concepts and ability to drive related processes at the business division level
- Possesses superior business and financial acumen and ability to effectively influence and challenge key decision making including executive leadership
- Possesses ability to serve as a strategic thought partner contributing to meaningful improvements to Columbia’s financial performance and/or business proces
- Economic Analysis Concepts – NPV, IRR, Payback Period
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Financial Director Job Description
Job Description Example
Our growing company is hiring for a financial director. 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 financial director
- Highlights issues and opportunities for leadership action and assists in developing/delivering action plans
- Collaborates with functional management and peers in the start-up and ongoing operations of the India office and the Workforce Transformation
- Work closely with internal and external business partners on financial reporting matters and projects affecting or involving the group
- Lead and develop a multi-location (United States and India) team to ensure resources are deployed to meet organizational needs
- Support the SSC departments by providing data and analysis related to trends, financial impact via proactive reviews and adhoc requests
- Responsible for the analysis and reporting of the Bad Debt/CH projections
- Responsible for maintaining and updating Masterfiles \(Host/Meditech, GL, Iplan, Log ID, Bill Codes, F/C, Rev Codes, Agency Master, Other Dictionaries\)
- Responsible for SOX testing and security access reviews
- Prepare explanations of swings in accounts receivable and bad debt trends
- Communicate business analysis and reporting requirements to development staff
Qualifications for financial director
- US GAAP Fundamentals
- Ability to work independently and with little direction in a fast-paced environment
- High level of initiative and a proactive, positive approach
- Proficient in computer skills such as Microsoft Excel, PowerPoint, Word and Access
- Proven leadership abilities the ability to work in a team environment
- Minimum 10-15 years of FP&A experience at an advanced level
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Financial Director Job Description
Job Description Example
Our growing company is hiring for a financial director. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial director
- Provide analysis of key drivers and KPI's to Senior Managers and business unit leaders
- Develop and lead annual budgets, reporting and forecasting process
- Of financial information as it relates to HealthTexas Provider Network (HTPN) or other Baylor Health
- Enhance current financial reporting processes and controls, with specific focus on analytical review, scalability and automation
- Review the financial statements, including eliminations and allocations, and disclosures for adherence with U.S. GAAP
- Prepare profit statements for each dental office on a timely basis
- Prepare management, Board of Director and external reporting packages on a timely basis
- Collaborate with operations on enhancements to the dental office profit statements, including corporate allocations and details to support fluctuations
- Develop fluctuation analysis on a timely basis, including explanations for the fluctuations
- Assess the current reporting software tools for adequacy and scalability
Qualifications for financial director
- Proficiency with Microsoft Office (Excel, Word, and PowerPoint) required
- 7+ years of experience in Financial Analysis, Business Analysis, and/or Strategic Planning
- Ensure the Division is in compliance with SOX requirements & US GAAP and that inquiries from Internal/External Audit, Tax, FRB, are addressed timely and accurately
- 3 years' Big 4 Audit experience or
- CPA is a requirement for this position
- Experience researching and implementing U.S. GAAP and SEC rules and regulations
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Financial Director Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of financial director. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial director
- Provide technical research on GAAP, FASB and other regulatory practices and standards to senior leadership and the accounting team
- Prepare the budget and forecast for the accounting areas managed, including comparing actuals to budget and performing variance analysis
- Enhance current processes to allocate costs to the dental offices with specific focus on automation, scalability and transparency
- Enhance tracking and reporting of related party transactions
- Able to plan strategic initiatives for the Company to achieve projected market share, productivity and penetration levels in the Indian market
- Develop and communicate a clear view of the desired future state, redefine it as new developments emerge
- Actively spot and action key trends, opportunities and performance levels
- Put in place investment strategies, which contribute strongly to the strategic direction of the overall Company plan and is a key enabler for the business achieving its market share and profitability objectives
- Build and promote a framework to drive financial acumen and accountability across the organization, report and monitor the financial strength and performance of the company
- Establish and maintain financial internal control safeguards
Qualifications for financial director
- Experience supporting large programs or organizational change management efforts and interacting with senior level stakeholders
- Demonstrated ability to understand complex and technical content particularly related to software capitalization
- Candidate should have demonstrated ability to financially assess and manage activities with excellent communication and cultural sensitivity
- Demonstrated executive level communication and leadership skills
- Highly motivated, proactive
- Experience supervising teams/multiple employees
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Financial Director Job Description
Job Description Example
Our growing company is looking to fill the role of financial director. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial director
- Lead technical accounting research and evaluation in a variety of areas, work cross functionally to ensure appropriate treatment and prepare memos and analysis supporting conclusions
- Monitor, interpret and implement new accounting standards, as applicable
- Prepare and ensure appropriate accounting related to the Company’s share-based compensation expense
- BS or graduate degree in Management Information Systems (MIS) or Accounting/Finance
- Manage the annual budgeting process
- Maintain relationships with auditors and coordinate, review and resolve any audit questions, if needed
- Assess high impact customer business needs and help recommend profitable, value-oriented solutions offerings to satisfy those needs
- Develop and continually qualify a pipeline of opportunities with wireless operators, dealer/agents, retail and financing partners
- Design and build Monte Carlo and/or other statistical models to calculate capital at risk
- Prepare research to ensure Financial Services is building the right solutions and products for its customers
Qualifications for financial director
- Experience with SAP and Business Objects preferred
- Strong commercial credit skills in order to assess risk
- Works diligently to build and maintain a long-term relationships with the clients
- Four-year degree in Accounting, Business Administration or Finance
- Experience with Deltek Vision design industry software a plus
- 10+ years of SEC financial reporting experience, of which at least six years were based in a “big 4” public accounting firm