After gaining around three to five years of experience and developing expertise in the finance field, you may want to search for executive finance jobs. In the executive position, you will be required to make critical decisions and report directly to your CEO and even board of directors.
Various Executive Finance Jobs
Some of the popular executive finance jobs are:
Finance Manager: As a finance manager, you will be responsible for:
- Planning and organizing all the activities of the department, such as cash handling and the preparation of vouchers and checks.
- Processing of salary, incentives and travel bills.
- Preparation of cash flow projections.
- Preparation of bank reconciliation statements.
- Finalization of accounts and the preparation of Profit & Loss (P&L) account and balance sheet.
- Preparation and filing of annual sales tax returns, sales tax assessments and other related matters.
- Computation and deduction of taxes for employees.
- Timely investing of surplus money into mutual funds.
- Timely preparation and submission of MIS reports to management.
- Attending to internal auditors and compliance.
Assistant Controller: Main responsibilities of an assistant controller may include:
- Accounting for accounts receivables
- Cash flow planning
- General corporate reporting
- Checking profitability of projects
- Quarterly and annual financial closing based on HGB and US GAAP
- Preparation of quarterly and annual operating budget and forecasts on the basis of corporate timetable and budget v/s actual analysis
- Preparation and control of prepayments, accruals and deferred revenue accounting
- Checking revenue recognition
The preferred skills for this job are:
- Graduation as CPA or equivalent degree
- Three to five years of experience
- Knowledge of Excel and spreadsheets using formulas
- Ability to work as part of a team
- Good organizational and interpersonal skills
- Impressive administrative skills and attention to detail
- Basic knowledge of computers
Chief Finance Officer (CFO): In this executive position, you would be taking charge of all the credits, accounts payable, accounts receivable and logistics. You would also be responsible for:
- Financial planning and record-keeping
- Financial reporting to higher management, such as chief executive officer (CEO) and board of directors
Basic qualifications and the preferred skills for this job are:
- A minimum of ten years of experience in the relevant field
- Good interpersonal and negotiation skills
- Ability to work independently
- A quick thinker and decision maker
Financial Controller
Basic qualifications and preferred skills for this job are:
- Experience in the retail industry
- Relevant finance qualification, preferably ACA, CIMA or equivalent