Financial Officer

Client of Hire Lebanese

Posted 30+ days ago

Experience

1 - 3 Years

Job Location

Lebanon - Lebanon

Education

Bachelor of Commerce(Commerce)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Scope:

The Financial Officer is responsible for compiling, organizing and consolidating all financial data from different departments necessary for business reports. S/He participates in budget processes, monitors internal controls and analyses financial data; business performance and market conditions allowing to create forecasts and make tactical and strategic decisions.


Main Duties and Responsibilities

Technical

- Prepare monthly financial statements (P&L, balance sheets, cash flows, ratios);

- Participate in yearly budget preparation by collecting data from all departments and make needed amendments when needed based on manager s request

- Compare budget vs. actual figures and highlight main variances to concerned.

- Compare company and subsidiaries historical financial data to establish trends.

- Coordinate with accounting team to ensure accurate financial reporting.

- Participate in developing plans for financial growth and assist in the preparation of financial studies.

- Identify threats and opportunities for performance improvement across the Group and recommend actions when needed.

- Review final reports issued by external auditors and highlight any errors or discrepancies.

- Ensure the timely and accurate issuance of financial reports for all companies within the Group as per the rules and guidelines set by management, finance director and CFO.

- Continuously enhance the actual financial results through providing proper analysis and issuing the Group consolidated statements.

- Participate in developing financial plans and studies taking into account the various scenarios for better decision making.

Reporting

- Prepare financial models and process analysis needed to allow proper decision making.

- Issue monthly and yearly reports including key metrics, financial results and variance reporting.

- Prepare financial reports by gathering data from various sources.

- Prepare periodic reports and raise to manager for validation such as products, profits, rent, etc.

- Develop ad-hoc reports and studies as per management requests and business needs raising to manager for validation and confirmation.

Company Industry

Department / Functional Area

Keywords

  • Financial Officer

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