What Does a Financial Executive Do?

Finance manager (Finance manager) generally refers to a unit responsible for financial work, generally middle management level or above, such as the head of a financial institution or chief accountant, chief financial officer, etc.

Financial Officer

Finance manager (Finance manager) generally refers to a unit responsible for financial work, generally middle management level or above, such as the head of a financial institution or chief accountant, chief financial officer, etc.

Chinese name

Financial Officer

Foreign name

fiance manager

Meaning

Refers to a unit responsible for financial work

The financial director generally refers to the head of a unit responsible for financial work. Generally, it is a managerial position above the middle level, such as the head of a financial institution or the chief accountant and the chief financial officer. It is symmetrical with the accounting director. In China, the financial and accounting of SMEs are no longer subdivided. It is often said in the habit. Not set

Treasurer duties ^[1] :

1. Responsible for the company's comprehensive financial accounting work;

2. Responsible for formulating and completing the company's financial accounting system, regulations and methods;

3 Explain and answer laws and regulations related to the company's financial accounting;

4 Analyze the implementation of the company's financial revenue and expenditure and budget;

5. Review the company's original documents and handle daily accounting business;

6. Preparation of accounting vouchers for sales companies and registration of accounting books;

7. Prepare the company's accounting statements and submit it to the deputy general manager and general manager before the 10th of each month;

8. Prepare and calculate monthly salary and bonus distribution forms;

9. Regularly check whether the sales company's inventory cash and bank deposits are consistent with each other;

10 From time to time, check whether the goods in the statistical posts are consistent with the accounts;

11. According to the seal management system, responsible for keeping a financial seal in the bank's reserved seal;

12. Undertake other tasks assigned by general manager and chief financial officer.

The continuous existence of an enterprise is based on the continuous earning of business profits. Whether a business can continue to operate depends on the profitability and the financial situation and market competitiveness determined by it. The function of modern enterprise accounting is not only reflected in calculating the profit of the enterprise, but also in the forecasting, planning, and planning of obtaining more profitable goals and plans, and the control methods to achieve the plan.

Formulate the accounting system of the company

In accordance with the national financial and economic regulations, accounting system and other regulations and policies, and in accordance with the actual situation of the unit, the financial director presided over the drafting of the specific accounting system and implementation measures of the unit, organized the accounting work scientifically, and led and supervised the accountants to implement it.

2. Organize and lead the work of the accounting department

The financial director shall implement the responsibilities and division of labor in the accounting department, lead the personnel in this department to conscientiously abide by national financial laws and policies, comply with accounting regulations, and strictly strengthen accounting in accordance with the accounting system and other regulations of the enterprise. The chief financial officer shall also organize the relevant personnel of the department to work with relevant departments to formulate rules and regulations for the company to handle various accounting matters related to property and materials, and coordinate the implementation of all departments. The financial director has the responsibility to exercise the supervisory function, strictly enforce the law of financial brokers, and prevent and suppress illegal and disciplinary acts.

3. Acting as a financial management assistant for senior leaders

As the financial and accounting assistant of the senior leadership, the financial director must fully extract and use the accounting information and materials, and provide the basis for economic forecast and business decision-making for the senior leadership of the enterprise. The financial director shall participate in business decision-making and preside over the formulation and evaluation of the financial budget. The finance director also participates in reviewing or drafting important economic contracts and economic agreements from the perspective of accounting and economic law.

4. Strengthen daily financial management and cost control

Business accounting must always grasp the balance of monetary funds and the balance of money and market changes in securities and short-term investments, and prepare a variety of long- and short-term debt repayment plans on schedule; carry out comprehensive budget management and strictly control financial income and expenditure; organize related The personnel of departments and accounting positions gather, calculate and analyze the cost control situation on schedule, strengthen the cost control and management, and submit cost control analysis reports and cost plans to senior leaders.

5. Guarantee of timely tax payment and profit payable

The financial director shall be responsible for strictly reviewing the tax payable, profit payable and other payables in accordance with the national tax law and other regulations, and urging the relevant post personnel to timely understand the payment procedures to complete the submission of tasks on time, without misappropriation or retention No arrears.

6. Responsible for regular property inventory

The property inventory system is a part of the corporate financial system. The responsibility of the financial supervisor is to regularly organize personnel from relevant departments to jointly conduct property inventory work. Combining property inventory, urge related departments to continuously improve the management system and improve management methods. According to the decision of the management authority, the financial director also assists the relevant departments to verify the requirements of machinery and equipment and the fixed amount of material reserves in accordance with the requirements of business management.

7. Improve Human Resources Management in Finance Department

Establish a political and business learning system, organize personnel in the financial department to study politics and business, and continuously improve the overall quality of the financial department.