Finance Director Position Description Template
- Posted 17 Sep 2024
- Richard Holmes
- Article
If you follow this format, you won't go too far wrong. This should offer you a good base template. Please add additional information as needed.
Finance Director
About (Company Name):
Who you are, what you do, and how many employees you have. Our growth trajectory is powered by continuous innovation, an agile business model, and a culture that puts people at the heart of everything we do.
As we continue our expansion, we seek an experienced Finance Director to lead our financial strategy and contribute to our future success.
Position Overview:
The Finance Director will play a critical role in shaping the financial future of (Company Name). You will manage the company’s financial integrity, lead a high-performing finance team, and provide strategic insights to the executive team. This role is perfect for someone who thrives in dynamic environments, has a passion for process improvement, and can balance big-picture strategy with hands-on execution.
Key Responsibilities:
- Financial Reporting & Compliance:
Oversee the preparation of accurate and timely financial statements, ensuring compliance with all applicable regulations (GAAP/IFRS). Manage external audits, tax filings, and ensure all financial operations meet regulatory requirements.
- Budgeting & Forecasting:
Lead the annual budgeting process, providing continuous financial forecasting. Collaborate with department heads to align financial goals with business objectives and ensure accurate financial planning.
- Cash Flow Management:
Monitor and manage cash flow to maintain the company’s financial health. Recommend and implement solutions to optimise working capital, ensuring sufficient liquidity for operations and growth.
- Team Leadership:
Lead, mentor, and develop the finance team. Foster a culture of continuous learning and improvement, ensuring the team has the skills and resources needed to support the company’s evolving needs.
- Strategic Decision Support:
Provide financial analysis and insights to support the executive team in strategic decision-making. Participate in business reviews, growth strategies, and new product launches, ensuring financial considerations are embedded in key decisions.
- Internal Controls & Process Improvement:
Develop, implement, and maintain robust internal controls to safeguard company assets. Continuously seek opportunities to streamline financial processes, improve operational efficiency, and enhance reporting accuracy.
Qualifications:
- CPA, CA, CIMA, ACCA, or equivalent qualification required.
- Minimum of seven years of relevant financial experience, with at least three years in a leadership role.
- Strong knowledge of GAAP/IFRS and financial reporting requirements.
- Proven track record of leading a finance team within a fast-paced, growing business environment.
- Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.
- Experience in [specific sector] preferred but not essential.
Why Us?
We offer a collaborative, inclusive culture that values diversity, encourages innovation, and rewards performance. As our Finance Director, you’ll have the opportunity to impact our continued success directly, take on exciting challenges, and grow your career alongside some of the industry’s best and brightest.