Compliance and Financial Coordinator
2 days ago
Job Summary:
The Compliance and Financial Coordinator plays a critical role in maintaining the financial health and stability of the organization.
This individual will be responsible for managing financial records, processing transactions, and ensuring compliance with financial regulations.
Main Responsibilities:
Financial Record Keeping:
- Accurately maintain and update financial records and databases.
- Organize and store financial documents securely to prevent loss or damage.
Transaction Handling:
- Process invoices, receipts, payments, and other financial transactions efficiently.
- Verify transaction details to ensure accuracy and proper documentation.
- Reconcile bank statements to identify any discrepancies.
Budget Development and Oversight:
- Collaborate with the finance team to prepare, monitor, and analyze budgets.
- Collect, analyze, and interpret financial data for comprehensive budget reports and forecasts.
- Report variances to senior management for timely corrective action.
Regulatory Compliance:
- Ensure adherence to company financial policies and procedures.
- Assist in preparing financial reports and statements.
- Support internal and external audits by providing necessary documentation.
Strategic Financial Planning:
- Contribute to strategic financial planning and decision-making processes.
- Provide financial analysis and insights to support business objectives and growth.
- Identify process improvements to enhance financial efficiency and effectiveness.
Interdepartmental Communication:
- Liaise with vendors, clients, and internal departments regarding financial matters.
- Coordinate with the finance team to streamline financial processes.
- Respond to inquiries and provide financial information as needed.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Minimum 5 years of experience in finance or administrative roles, with a focus on financial operations.
- Demonstrated proficiency in advanced financial analysis and reporting software.
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