Finance Officer

A Finance Officer is responsible for all financial aspects of a business or organization. They manage the budget, prepare financial reports, and ensure that all financial transactions are conducted legally and ethically. The duties and responsibilities of a Finance Officer may vary depending on their experience, expertise, and the business they work for, but typically they include:

• Managing the budget: this includes forecasting future income and expenses, creating budgets and balance sheets, and ensuring that spending is within budget limits.
• Preparing financial reports: financial reports provide an overview of the company's financial status and performance. They are used to make critical business decisions, assess risk, and secure financing.
• Conducting financial transactions: a Finance Officer oversees all financial transactions, including issuing payments, collecting debts, and investing money.
• Ensuring compliance with financial regulations and laws: Finance Officers must comply with all relevant economic rules and regulations in Australia and overseas. This includes ensuring that financial records are accurate and up-to-date.
• Using accounting software: this is to keep an accurate record of all internal and external business financial transactions and perform financial audits wherever necessary.

A Finance Officer's job description includes all or several of the following:

• Develops and maintains financial systems
• Plans, directs, and controls accounting and financial operations
• Prepares reports and documents covering accounting transactions for management review
• Ensures that accurate records are kept by standard practices
• Establishes budgets, forecasts future cash flows, provides periodic financial analysis
• Monitors budget performance, expenditure control
• Manages invoicing procedures to collect money owed by clients/customers

Candidate must be a qualified CA with relevant experience as Finance Officer.