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Corporate Finance Job Descriptions

  • Published: 9/10/2018

Whether searching for a new finance position or trying to fill an opening on the finance team, job candidates and hiring managers alike need a job description.

Here are job descriptions for several common finance roles:

 


CHIEF FINANCIAL OFFICER (CFO)

The CFO directs the fiscal functions of the company. This includes the monitoring, control and reporting system over financial assets and results, forward-looking financial and operating strategy; and often the risk management and responsibilities. The CFO is a member of the Executive Committee and acts as business partner to the CEO and other senior leaders, and supports development of the business’ overall strategic plan. Establishes credibility throughout the organization and with the Board as an effective developer of solutions to business challenges. The CFO sometimes has overall strategic oversight and responsibility for administrative functions, including human resources, procurement, administration, and information systems.

Position reports to: Chief Executive Officer, President

Position(s) supervised: Vice President Finance, Controller, Treasurer, Investor Relations, Vice President, Director of FP&A, Internal Audit Director, Tax Director, Risk Management Director, and Procurement. Administrative oversight may include the head of Information Technology, Human Resources.

Primary functions and responsibilities:

  • Accounting, Financial Controls and Financial Reporting
    • Directs preparation of fiscal records and financial plans, policies, and reports.
    • Ensures compliance with GAAP, SEC, FASB, SOX and other regulatory requirements.
    • Directs oversight of audits, works closely with the Board Audit Committee.
    • Financial operations and consolidation of subsidiaries.
  • Strategic, Financial and Operational Planning
    • Participates in the development of the corporation's plans and programs.
    • Develops and communicates financial vision and strategy.
    • Directs preparation of annual operating and business fiscal plans (budgets).
    • Develops financial forecasts and monitors financial health, monitoring guardrails around financial commitments.
    • Works with the business to optimize business performance and planning. 
    • Provides strategic financial input and leadership on decision making issues affecting the organization (i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments).
    • Evaluates capital expenditures, investment activities and portfolio management.
    • Ensures timely and accurate business/financial reports and plans; presents them to the Partners across all business units to increase financial transparency in management reporting and business line performance.
  • Treasury and Tax
    • Manages treasury function, including meeting short and long-term funding needs.
    • Determines appropriate capital structure.
    • Initiates and oversees execution of all capital market transactions.
    • Manages tax function
  • Risk Management
    • Understands how regulatory reform will impact the business and helps ensure the business is best positioned to respond.
    • Manages aspects of risk through accounting, audit, planning and treasury functions
  • External Financial Relations
    • Manages investor relations function
    • Serves as company’s representative to financial/investment community and shareholders.
    • Manages banking and investment banking relationships
    • Manages A/R, A/P relationships with third party vendors and customers
    • Oversees and delivers recommendations to Board and Board committees regarding financials, audit matters, investments, and strategic initiatives and direction.

Qualifications:

  • Bachelor’s degree in accounting, business, management, or finance required
  • MBA or an advanced degree in business, management, or finance required
  • CPA preferred
  • CTP preferred
  • FP&A certification preferred.

Required Knowledge:

  • Strong knowledge of accounting, audit, finance, tax, reporting, budgeting, business operations, strategic planning, FP&A.
  • Knowledge of MS Office, including Excel.
  • Knowledge of accounting and financial packages software.                                   

Experience Required:  

  • 15-20 years of experience in finance.
  • Senior management experience in finance, accounting, FP&A, or related disciplines.
  • Long range financial and/or operations planning experience.

Skills/Abilities:

  • Ability to work in a team environment
  • Consensus building
  • Leadership skills
  • Negotiation skills
  • Organization skills
  • Presentation skills
  • Strategic planning skills
  • Financial analysis skills
  • Verbal communication skills
  • Written communication skills. 


VP/DIRECTOR FP&A

The FP&A team leader and is the lead financial liaison for multiple business units. Coordinates efforts from centralized FP&A to distributed (embedded) teams, including consolidation of plans and forecasts, standardized assumptions, and managing information. Provides senior and executive management with financial reporting and analysis to be used for strategic and tactical decision making. Works with various executive members of management to develop, interpret and implement financial and modeling concepts or techniques related to strategic planning, budgeting, and forecasting to drive business results. Leads the team involved with data collection, business analysis, developing tactical and strategic insight and delivering recommendations to management.                         

Position Reports To: Senior Director for FP&A, VP for FP&A

Position(s) Supervised: FP&A Manager, FP&A Analyst, Senior FP&A Analyst

Alternative Title(s): Director of Finance, Director of Corporate Planning, Sr. Business Controller, VP – FP&A, Senior Manager – FP&A

Primary Functions and Essential Responsibilities:

Integrated Business Planning

  • Works with Senior Management and business units to determine strategic objectives and identify opportunities to meet these goals.
  • Partners with business leaders to provide input and guidance on business issues and to provide strategic financial input and leadership on decision-making issues affecting the line(s) of business.
  • Delivers presentations to executive and senior management teams about financial planning and analysis.
  • Approves, in consultation with the business leader(s), the annual operating plan.
  • Supports business unit general manager and senior-level directors/managers.
  • Engages in a business-partnering role at the corporate level to deliver positive business results.
  • Forecasts impact of achievement of incentives and other programs.
  • Plans and oversees consolidated budgets and long-range plans.
  • Leads the preparation of annual budgets and periodic forecasts.
  • Analyzes impact of external and internal factors on the business and progress towards financial goals.
  • Management Reporting

  • Approves the monthly financial review package to management, including commenting on variances to plan, forecast and prior year.
  • Provides high level performance “dashboard” quality reports to senior management or executive team.
  • Leads group completion of financial review templates and meetings.
  • Analyzes and reports on key drivers of business and company performance, including monthly and quarterly results and variance analysis.
  • Analyzes actual results to understand variances, revise projections as appropriate.
  • Operational Analysis

  • Analyzes projections with respect to various operating strategies, shareholder value measures, and other metrics or objectives.
  • Analyzes financial and operational data, draws conclusions and presents recommendations on decisions and actions.
  • Performs sensitivity, scenario and what-if analysis as well as analyzes the financial impact of changes in business and new business opportunities/acquisitions.
  • Conducts extensive research and industry analysis performance.
  • Investment Analysis

  • Develops models and methods to analyze volume and margin trends to develop both short and medium-term forecasts.
  • Leads various analyses including, but not limited, to ROI/NPV/IRR.
  • Management of the team

  • Supervises team of analysts who are assigned business units, including compiling and analyzing all financial information.
  • Provides training and opportunity to up-skill the finance/operational teams as assigned.
  • Creates a culture of openness, effective challenge and inquiry among the FP&A team and the broader company

Qualifications:

  • Bachelor’s degree in accounting, business, management, or finance required
  • MBA or an advanced degree in business, management, or finance required
  • FP&A certification required

Required Knowledge:

  • GAAP knowledge preferred
  • Knowledge of MS Office including Excel and PowerPoint
  • Knowledge of appropriate accounting and financial modeling software programs

Experience Required:

  • 13-15 years of relevant experience in corporate finance, financial modeling, or accounting
  • Experience in specialized functions including valuation, M&A, Actuarial Projects, Portfolio Management, and Risk Assessment
  • Experience with Capital expenditures and capital budgeting, capitalization and financing decisions. Experience with cash accounting
  • Experience with accounting software                                         

Skills/Abilities:

  • Consensus building
  • Financial analysis skills
  • Interpersonal skills
  • Leadership skills
  • Presentation skills
  • Strategic planning
  • Verbal communication skills
  • Written communication skills.


FP&A MANAGER

Serves as the leader of the FP&A team and is the lead financial liaison to a business unit(s). Provides business line and executive management with financial reporting and analysis that are used for strategic and tactical decision making. Works with various senior levels of management to develop, interpret and implement financial and accounting concepts or techniques related to strategic planning, budgeting, and forecasting to drive business results. Responsible for data collection, business analysis, developing tactical and strategic insight, and delivering recommendations to management.                                      

Position Reports To: Director, Financial Planning & Analysis, VP of Finance, CFO, etc.

Position(s) Supervised: FP&A Analyst, Senior FP&A Analyst

Alternative Title(s): Manager of Finance, Manager, Corporate Planning, Business Controller, Analytics

Primary functions and essential responsibilities:

  • Works with senior management and business units to determine strategic objectives and identify opportunities to meet these goals.
  • Supervises team of analysts who are assigned business units, including compiling and analyzing all financial information.
  • Prepares financial and business-related analysis and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
  • Coordinates and approves the monthly financial review package to management, including commenting on variances to plan, forecast and prior year.
  • Analyzes financial and operational data, draws conclusions and presents recommendations on decisions and actions.
  • Analyzes and reports on key drivers of business and company performance, including monthly and quarterly results and variance analysis.
  • Performs sensitivity, scenario and what-if analysis, as well as analyzes the financial impact of changes in business and new business opportunities/acquisitions.
  • Provides high level performance “dashboard” quality reports to senior management or executive team.
  • Leads the preparation of annual budgets, operating plans, and forecasts in consultation with the Business Leader(s).
  • Leads various analyses (i.e., ROI, NPV, and IRR).
  • Partners with senior and executive management on ad hoc analyses, special projects and Board of Director meeting preparation.
  • Researches, analyzes and synthesizes data from multiple sources into business information as directed and by self-identification of business information needs.
  • Coordinates and facilitates the annual strategic planning process.
  • Prepares consolidated forecasts and budgets, and analyzes trends in revenue, expense, capital expenditures and other related areas.
  • Maintains and coordinates group completion of financial review templates and meetings.
  • Carries out performance analysis and reporting.
  • Partners with the business leader to provide input and guidance on business issues and to provide strategic financial input and leadership on decision-making issues affecting the line(s) of business, including commenting on variances to plan, forecast and prior year.
  • Works with business users to refine and improve current reporting and analysis often performing ad hoc reporting to satisfy end users.
  • Performs month-end review of results to ensure accuracy.
  • Performs departmental work on special projects in cost savings, revenue analysis, and other projects as assigned by management.
  • Assists in revenue, expense, and cash flow projections and expense saving opportunities within all areas of the forecast models.
  • Analyzes projections with respect to various operating strategies, shareholder value measures, and other metrics or objectives.
  • Analyzes actual results to understand variances, and revises projections as appropriate.
  • Delivers presentations to various levels of management about financial planning and analysis.
  • Develops and updates models and methods to analyze volume and margin trends to develop both short and medium-term forecasts.

Qualifications:

  • Bachelor’s degree in accounting, business, management, or finance required
  • MBA or an advanced degree in business, management, or finance required
  • FP&A certification preferred

Required Knowledge:

  • Experience with cash accounting
  • Working experience with accounting software
  • GAAP knowledge preferred
  • Knowledge of MS Office including Excel, PowerPoint, and Office Suite
  • Knowledge of appropriate accounting and financial modeling software programs

Experience Required:

  • 10-12 years of relevant experience in finance, financial modeling, or accounting
  • Experience in specialized functions including valuation, M&A, Actuarial Projects, Portfolio Management, and Risk Assessment
  • Experience with Capital expenditures and capital budgeting, capitalization and financing decisions

Skills/Abilities:

  • Ability to work independently
  • Consensus building
  • Interpersonal skills
  • Leadership skills
  • Presentation skills
  • Strategic planning.




FP&A SENIOR ANALYST

Partners with business leaders to provide input and guidance on business issues and to provide strategic financial input and leadership on decision-making issues affecting the line(s) of business. Conducts and documents financial analysis projects, data gathering, manipulation, summarization, and analysis of financial reports, sales activity, trends, and opportunities.                        

Reporting relationships:

Position Reports To: Manager, Financial Planning & Analysis; Director, Financial Planning & Analysis

Position(s) Supervised: Analyst, FP&A

Alternative Title(s): Sr. Financial Analyst, Senior Analyst for Financial Planning & Analysis, Senior Analyst, Senior Planning Analyst, Senior Business Analyst

Primary functions and essential responsibilities:

  • Supports business unit general manager and senior-level directors/managers.
  • Provides trainings to the finance/operational teams as assigned.
  • Serves as finance lead for corporate or assigned business unit including compiling and analyzing all financial information.
  • Prepares and presents monthly financial review package to management, including commenting on variances to plan, forecast and prior year.
  • Assists in preparation of annual budgets, forecasts, and operating plans in consultation with the Business Leader(s).
  • Leads ROI/NPV/IRR analysis, making recommendations to management on new products, features, pricing, marketing promotions, based on historical financial data.
  • Researches, analyzes and synthesizes data from multiple sources into business information as directed and by self-identification of business information needs.
  • Works with Senior Management and business units to determine strategic objectives and identify opportunities to meet these goals.
  • Supports the annual strategic planning process.
  • Prepares financial and business related analysis and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
  • Prepares consolidated forecasts and budgets, and analyzes trends in revenue, expense, capital expenditures and other related areas.
  • Maintains and coordinates group completion of financial review templates and meetings.
  • Engages in a business-partnering role with the geographical market and the operational teams to deliver positive business results.
  • Carries out performance analysis and reporting.
  • Prepares moderate to complex analytical reports including budgets, revenue and expense analysis, business trends analysis, and special ad-hoc projects related to the designated business unit.
  • Works with business users to refine and improve current reporting and analysis, often performing ad hoc reporting to satisfy end users.
  • Performs month-end review of results to ensure accuracy.
  • Assists in revenue, expense, and cash flow projections and expense saving opportunities within all areas of the forecast models.
  • Analyzes projections with respect to various operating strategies, shareholder value measures, and other metrics or objectives.
  • Analyzes actual results to understand variances, revise projections as appropriate.

Qualifications:

  • Bachelor’s degree in accounting, business, management, or finance required
  • MBA or an advanced degree in business, management, or finance preferred
  • FP&A certification preferred

Required Knowledge:

  • Experience with cash accounting
  • Working experience with accounting software, reporting software
  • GAAP knowledge preferred
  • Knowledge of MS Office including Excel, PowerPoint, and Office Suite
  • Knowledge of appropriate accounting and financial modeling software programs

Experience Required:

  • 5-7 years of relevant experience in finance, financial modeling, or accounting

Skills/Abilities:

  • Ability to work independently
  • Analytical skills
  • Detail-oriented
  • Financial analysis skills
  • Interpersonal skills
  • Presentation skills
  • Quantitative analysis planning                                  



FINANCIAL REPORTING SPECIALIST

Manages the financial reporting process to the Securities and Exchange Commission (SEC). Responsible for staying current on existing and new financial disclosure releases issued by the SEC, the Financial Accounting Standards Board (FASB) and other regulatory bodies. Assists in assessing the effects of accounting standards on the company’s business activities and properly disseminating this information to senior management.

Reporting relationships:

Position Reports To: Controller

Position(s) Supervised: N/A

Alternative Title(s): Director of Financial Reporting

Primary functions and essential responsibilities:

  • Manages external financial reporting.
  • Prepares and files all SEC reporting of the financial statements and relevant disclosures.
  • Provides education and training to senior management on important accounting issues.
  • Reviews all external accounting and disclosure requirements.
  • Stays current on SOX, SEC, GAAP, FINRA, and other regulatory requirements.
  • Coordinates quarterly reviews.
  • Prepares status reports and provides analysis to senior staff.
  • Serves as liaison to Corporate Tax, Treasury, and other corporate personnel.
  • Produces monthly analysis including detailed variance analysis.
  • Assists in the coordination and communication with external auditors along with the CFO, Controller and internal audit staff.

Qualifications:

  • CPA required
  • Bachelor’s degree in accounting or finance required
  • MBA or an advanced degree preferred                                       

Required Knowledge:

  • Strong knowledge of finance and accounting principles
  • Solid understanding of GAAP
  • SEC reporting requirements
  • Knowledge of MS Office including Excel
  • Knowledge of appropriate accounting and financial software packages.

Experience Required:

  • 3-5 years of relevant experience
  • SEC reporting requirements

Skills/Abilities:

  • Ability to interpret contract language
  • Analytical skills
  • Detail-oriented
  • Financial analysis skills
  • Organization skills
  • Presentation skills
  • Quantitative analysis skills
  • Written communication skills.



FINANCIAL ANALYST

This individual serves as a member of the Finance team and serves as the assigned financial liaison for a designated business unit(s) or at corporate. Provides management with financial reporting and analysis that is used for strategic and tactical decision making. Works with various levels of management within the business units as well as corporate stakeholders to develop, interpret and implement financial and accounting concepts or techniques related to strategic planning, budgeting, and forecasting to drive business results.                            

Reporting relationships:

Position Reports To:

Manager, Financial Planning & Analysis, Director, Financial Planning & Analysis Sr. Analyst, FP&A

Position(s) Supervised: N/A

Alternative Title(s): Financial Analyst, Analyst, Planning Analyst, Business Analyst

Primary functions and essential responsibilities:

  • Supports business unit general manager and senior-level directors/managers.
  • Provides training to the finance/operational teams as assigned.
  • Serves as finance lead for assigned business unit, including compiling and analyzing all financial information.
  • Prepares and presents monthly financial review package to management.
  • Assists in preparation and analysis of annual budgets and long range plans.
  • Prepares consolidated forecasts and analyzes trends in revenue, expense, capital expenditures and other related areas.
  • Conducts complex business analysis including ROI, NPV and IRR, making recommendations to management on new products, features, pricing, marketing promotions, based on historical financial data.
  • Researches, analyzes and synthesizes data from multiple sources into business information as directed and by self-identification of business information needs.
  • Works with management and business units to determine strategic objectives and identify opportunities to meet these goals.
  • Prepares financial and business-related analysis and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
  • Assists with compilation and analysis of consolidated budgets and long range plans.
  • Carries out performance analysis and reporting.
  • Assists in budgeting, revenue and expense analysis, business trends analysis, and special ad hoc projects related to the designated business unit.
  • Works with business users to refine and improve current reporting and analysis, often performing ad hoc reporting to satisfy end-users.
  • Performs month-end review of results to ensure accuracy.
  • Assists in revenue, expense, and cash flow projections and expense saving opportunities within all areas of the forecast models.
  • Analyzes projections with respect to various operating strategies, shareholder value measures, and other metrics or objectives.
  • Analyzes actual results to understand variances, and revises projections as appropriate.

Qualifications:

Education/Certification:

  • Bachelor’s degree in accounting, business, management, or finance required
  • MBA or an advanced degree in business, management, or finance preferred
  • FP&A certification preferred

Required Knowledge:

  • Experience with cash accounting
  • Working experience with accounting software, reporting software
  • GAAP knowledge preferred
  • Knowledge of MS Office including Excel and PowerPoint
  • Knowledge of appropriate accounting and financial software programs

Experience Required:

  • 2-3 years of relevant experience in finance or accounting

Skills/Abilities:

  • Ability to work independently
  • Analytical skills
  • Detail-oriented
  • Financial analysis skills
  • Interpersonal skills
  • Presentation skills
  • Quantitative analysis planning.

 

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