Finance officers are executives who handle financial issues and decisions in a company. They may oversee accounting departments, review reports, and create budgets. Financial officers also may supervise spending, which can include investments and cash management; they may be responsible for preparing financial statements while maintaining compliance with state and federal government regulations. Managing an internal audit and reporting findings, as well as making recommendations based on that audit, is often part of the duties of a finance officer.
Finance Officer Tasks
Supervise investment strategies, direct financial resources, and manage company assets.
Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.
Coordinate financial record-keeping and oversee the development of yearly budgets.
Provide financial guidance and management expertise related to company operations and financial strategy