The responsibilities of the manager responsible for the company’s finances include solving a fairly wide range of problems. Strategic financial management should facilitate the effective use of funds in accordance with the strategic goals and current needs of the enterprise. The specialist must also develop ways to improve the efficiency of using financial resources. The main tasks include:
- ensuring the formation of a volume of funds sufficient to cover current needs;
- optimization of cash flow;
- ensuring efficient use of invested capital,
- improvement of the enterprise's settlement policy,
- maximizing profit with an acceptable level of risk,
- ensuring the economic stability of the company.
Figure 1. Management reporting using the example of the software product “WA: Financier”.
Tools and tools for automating the functions of the CFO
The responsibilities of the financial director of an enterprise involve creating all the necessary conditions at the enterprise for the implementation of the company's investment and dividend policy, effective management of sources of funds, income and expenses. In addition, he must provide senior management with prompt and reliable information reflecting the company's performance.
Automation tools make it possible to increase the efficiency of the financial director. A set of solutions from WiseAdvice helps improve the quality of the functions assigned to the head of economic services of enterprises in Moscow and other regions of Russia. Depending on the complexity of the tasks, the financial director can use various delivery options for “WA: FINANCEIST”.
- "WA: FINANCEIST: Cash Management" allows you to automate treasury management.
- "WA: FINANCEIST: Budgeting" promotes the implementation of budget models of any level of complexity.
- “WA: FINANCEIST: Management Accounting/IFRS” is an excellent tool for organizing a management accounting system and generating reporting in accordance with IFRS standards.
All solution options offered by the Financier system allow you to solve a wide range of problems and efficiently perform the direct responsibilities of an economic manager, which depend on the company’s accounting policy. The list may include the following functional responsibilities of the financial director:
- organization of cash flow management;
- regulation of relationships between economic entities;
- ensuring efficient use of resources;
- development of measures to increase profits;
- budget process management;
- ensuring the capitalization of the company;
- participation in the formation and improvement of the economic policy of a commercial enterprise;
- analysis and optimal selection of sources of financing in relation to the conditions and specifics of the company’s activities;
- analysis of the efficiency of invested capital and search for new investment directions;
- general analysis of the company’s economic activities and development of effective methods that help optimize turnover and cash flows, increase profitability and other aspects aimed at improving performance indicators;
- organization of financial accounting at the enterprise, monitoring the compliance of actual indicators with planned ones and analysis of deviations, reporting, providing objective and reliable information to top-level managers, coordinating information exchange between all departments;
- general management of personnel of subordinate services.
Figure 2. Analysis of cash flow in the “WA: Financier” system.
The system from WiseAdvice has been successfully implemented and used at many enterprises in Moscow and other large metropolitan areas of Russia.
The job description of the financial director must include an expanded list of functional responsibilities and powers of the financial director of the enterprise. The head of economic structures manages the company's assets, and therefore belongs to the category of personnel with an increased area of responsibility. A well-written instruction will help the financial director to correctly perform his duties in accordance with the company’s requirements. It may contain the following sections:
Figure 3. Example of a Treasury Regulation.
1. General Provisions.
This section may indicate requirements for certain types of knowledge and categories of education that the financial director must have, indicate his status as a manager, describe who can appoint him to the position, the subordination structure and other parameters. Special requirements may also apply. For example, for the applicant to work for a certain time as a deputy in a financial company.
2. Job responsibilities of the financial director.
This section of the instructions is of particular importance, therefore it should be presented as completely as possible and reflect all the functional tasks of the financial director.
3. Criteria for assessing the quality of performance of official duties.
Describes the qualitative indicators of the criteria on the basis of which it is possible to monitor and determine the success of the performance of the official functions of the financial director.
4. Rights of a specialist.
The responsibilities of the enterprise to the specialist are described, such as payment of wages, payment of travel expenses, organization of the workplace, benefits, provision of information and technical means, creation of safe working conditions, etc.
5. Manager's rights.
This paragraph of the instructions defines the powers of the financial director as a manager and the list of responsibilities within his competence. The provisions describe the specialist’s right to:
- representing the company's interests in third parties,
- interaction with heads of other structural divisions,
- the ability to give orders to personnel in subordinate structures (in some cases, the financial director can control the activities of the chief accountant),
- participate in the preparation of draft orders,
- make proposals for the appointment, rotation, dismissal of personnel;
- other rights.
6. Responsibility of the specialist.
A clause covering the employee’s responsibility for improper performance of duties, for offenses, causing material damage and other actions contrary to the interests of the company.
To understand how to become a financial director, it is logical to familiarize yourself with the job description of a specialist in this profile. Below is an example of a job description developed for a CFO. It can only be a sample, since in the conditions of a particular enterprise all points must be adapted to the specifics of the company’s activities and its development strategy.
Job description and functions of the financial director
I APPROVED
CEO
1. General Provisions
1. The instructions describe the job duties, rights and responsibilities of the financial director.
1.1. The subject acting as financial director belongs to the category of managers.
1.2. A person who meets the following criteria is appointed to the position:
Higher financial or economic education;
Professional work experience of at least 5 years.
1.3. The financial director must know:
Legislative acts in the field of financial and economic activities of the enterprise;
State of markets and prospects for their development;
Principles of organizing the activities of an enterprise;
Procedure for drawing up budgets;
System of financial instruments;
Principles of capital management;
Methods for assessing assets, profitability, risks;
The procedure for lending and attracting investments for the company,
Resource allocation methodologies;
Rules for controlling cash flows, income and expenses;
Forms of settlements between counterparties,
Tax legislation requirements,
Accounting,
Financial Accounting Standards,
Reporting forms.
1.4 The financial director is appointed to the position by Order of the General Director.
1.3. Reports directly to the General Director.
1.4. During the absence of the financial director, functional responsibilities are performed by a person appointed in accordance with the procedure established by the enterprise.
1.6. Managers, analysts, and economists from the relevant structural divisions report to the financial director.
2. Job responsibilities of the financial director
2.1. Organizing the management of company resources, redistributing cash flows in order to improve the efficiency of the enterprise, optimizing costs, maximizing profits, searching and identifying sources of financing.
2.2. Conducting negotiations, accompanied by the necessary paperwork, with credit and investment institutions and other external organizations.
2.3. Coordinating the work of structural divisions in order to conduct an economic analysis and determine the current state of the company and prospects for its development.
2.4. Ensuring the development of the company's accounting policies, identifying effective methodologies, introducing automation tools.
2.5. Enterprise asset management.
2.6. Organization of analysis of all types of enterprise expenses for the purpose of further cost optimization.
2.7. Participation in the development of business plans together with other company managers.
2.8. Organization of the budget planning process.
2.6. Monitoring the implementation of financial plans, adjusting the budget to increase profitability,
2.7. Development of measures that reduce the influence of factors leading to higher prices for products.
2.8. Controlling the expenditure of borrowed funds and the efficiency of capital investments.
2.9. Analysis of the company's main performance indicators that influence the results.
2.10. Control of cash flows, ensuring timely payments and wages.
2.11. Development of proposals aimed at ensuring the solvency and liquidity of the company.
2.12. Organization of document flow at the enterprise in the field of financial and accounting.
2.13. Control over the formation of objective reporting documentation.
3. Rights of the financial director
The financial director has the right:
3.1. Require senior management to provide the conditions necessary for the quality performance of official duties.
3.2. Make proposals aimed at improving the organization of work at the enterprise.
3.3. Participate in the preparation of projects, plans, budgets, contracts, instructions and other documents related to the economic aspects of the company's activities.
3.4. Sign financial documents.
3.5. Give instructions to subordinates in order to organize proper work.
3.6. Interact with the heads of all structural divisions on issues related to the financial and economic activities of the company.
3.7. Make proposals for improving document flow within the limits of official competence.
3.8. Identify bottlenecks in the activities of the enterprise, propose methods and ways to eliminate them.
3.9. Receive in a timely manner the documents necessary for the quality performance of the duties of the financial director.
3.10. Submit for consideration by management proposals on the promotion or disciplinary action of employees, appointment, rotation, dismissal, and prepare the appropriate order.
3.11. Participate in the development of job descriptions for subordinate employees.
4. Responsibility of the CFO
The financial director is responsible for:
4.1. For disclosure of trade secrets and transfer of information to third parties, if such actions resulted in material damage to the enterprise, and also contributed to the deterioration of the company’s image in the business community and among consumers.
4.2. For failure to perform or improper performance of official duties, inaction when identifying an irresponsible attitude towards official functions on the part of subordinates.
4.3. For causing material damage to the company within the framework of current legislation.
4.4. For violation of the laws of the Russian Federation during the performance of official duties.
4.5. For intentionally causing harm to the company in the form of distortion of objective information, concealment of income, uncoordinated withdrawal of funds from the company’s accounts.
4.6. For non-compliance with the rules:
Labor protection;
Labor regulations and discipline;
Industrial hygiene and sanitation;
Fire safety;
Industrial safety precautions.
AGREED:
Head of Legal Department:
I have read the instructions.
JOB DESCRIPTION FOR THE DEPUTY DIRECTOR FOR FINANCIAL ISSUES Name of the organization I APPROVED JOB DESCRIPTION Position name INSTRUCTIONS of the head of the organization N Signature Explanation of signature Place of compilation Date DEPUTY DIRECTOR FOR FINANCIAL ISSUES I. GENERAL PROVISIONS 1.1. The Deputy Director for Financial Affairs belongs to the category of managers, is hired and dismissed by order of the head of the organization. 1.2. A person with a higher economic or engineering-economic education and at least 5 years of economic experience in managerial positions is appointed to the position of Deputy Director for Financial Affairs. 1.3.
Enter into relationships with departments of third-party institutions and organizations to resolve operational issues of production activities within the competence of the financial director. 4. RESPONSIBILITY The Deputy Financial Director is responsible for: 4.1.
Failure to fulfill one's functional duties.4.2. Inaccurate information about the status of the work.4.3.
Failure to comply with orders, instructions and instructions of the Head of the organization.4.4. Failure to take measures to suppress identified violations of safety regulations, fire safety and other rules that create a threat to the activities of the organization and its employees.4.5.
Failure to ensure compliance with labor discipline. 5. WORKING CONDITIONS 5.1. The working hours of the deputy financial director are determined in accordance with the internal labor regulations established in the organization.5.2.
Job Description of the Director of Finance
Provides information and documentation services to the State Revenue Office on finance. 654.2.3 Receives the necessary financial information from departments or contractors and calls employees on his instructions. 654.2.4 Participates in planning the working day of the DDG for finance. 654.2.5 Organizes telephone conversations with the DDG for finance, receives and transmits telephone messages, records received messages in the absence of the DDG for finance and communicates their content. 654.2.6 Draws up and prepares, on behalf of the State Revenue Office for Finance, memos, orders, certificates, reports and other documents. 654.2.7 Receives and transmits documents and information received by fax and e-mail to the DGD for Finance. 654.2.8 Controls the quality of preparation, correctness of drawing up and approval of documents submitted for signature by the State Revenue Office for Finance.
Job Descriptions
Ensuring the provision of the necessary financial information to internal and external users. Organization of work to analyze and evaluate the financial results of the organization’s activities and develop measures to improve the efficiency of financial management, as well as conduct internal audits, to consider mutual claims arising in the process of carrying out financial and economic activities, taking measures to resolve them in accordance with current legislation. Managing the activities of the financial divisions of the organization, organizing work to improve the skills of employees, providing methodological assistance to employees of the organization on financial issues. 3. RIGHTS The Deputy Financial Director has the right: 3.1.
Request and receive the necessary materials and documents related to the activities of the financial director.3.2.
Job descriptions of the Deputy Financial Director
Organization of work to analyze and evaluate the financial results of the organization’s activities and develop measures to improve the efficiency of financial management, as well as conduct internal audits, consider mutual claims arising in the process of carrying out financial and economic activities, take measures to resolve them in accordance with current legislation . Managing the activities of the financial departments of the organization, organizing work to improve the skills of employees, providing methodological assistance to employees of the organization on financial issues.
3. RIGHTS The financial director has the right: 3.1. Request and receive necessary materials and documents related to the activities of the financial director. 3.2.
Occupational Safety and Health
Submits documents signed by the DDG for finance for dispatch. 654.2.10 Controls the execution of the DGD’s instructions on finances. 654.2.11 Collects, processes and provides information to the DDG on finance. 654.2.12 Prepares materials for the DDG on finance for reports, meetings, seminars, etc. 654.2.13 Carries out work on preparing meetings, conferences and meetings with third-party organizations held by the DDG on finance (collecting necessary materials, notifying participants about the time, place , agenda of a meeting or meeting). 654.2.14 Organizes business trips of the DDG for finance, draws up the necessary documents for obtaining a travel certificate, orders air and railway tickets.
Job description of the Deputy Director for Economics and Finance
General provisions 653.1 This job description is the main regulatory and organizational document establishing the functions, rights and obligations, responsibilities of the Assistant Deputy General Director for Finance, regulating the organization of his activities, the procedure for business interaction with officials of structural divisions of XXX. 653.2 This job description is a document of direct effect, comes into force from the date of approval and is mandatory for execution by the employee from the moment of familiarization with signature. 653.3 Renaming, liquidation of the position of Assistant to the Deputy General Director for Finance, appointment to the position and dismissal from the position are carried out by order of General Director XXX.
Financial Director (Deputy Director for Finance)
During the temporary absence of the financial director, his responsibilities are assigned to. 2. FUNCTIONAL RESPONSIBILITIES 2.1. The financial director carries out: Determining the financial policy of the organization, developing and implementing measures to ensure its financial stability.
Management of financial management work based on the strategic goals and development prospects of the organization, identifying sources of financing taking into account market conditions. Analysis and assessment of financial risks, development of measures to minimize them, ensuring control over compliance with financial discipline, timely and complete fulfillment of contractual obligations and receipt of income, the procedure for processing financial and economic transactions with suppliers, customers, credit institutions, as well as foreign economic transactions .
Job description of the Deputy Director for Finance
Heads the work on developing the organization’s tax policy, tax planning and tax optimization, improving accounting policies, preparing and conducting the issue of securities, analyzing and assessing the investment attractiveness of projects and the feasibility of investing funds, regulating the ratio of equity and borrowed capital. Interacts with credit institutions on issues of placing temporarily available funds, conducting transactions with securities, and obtaining loans.
Manages the preparation of long-term and current financial plans and cash budgets, communicates the indicators of the approved budget system and the tasks, limits and standards arising from it to the organizational units, and ensures control over their implementation.
Job description of the Deputy Director for Finance of the Republic of Belarus
Info
Compiled in copy. I approve (initials, surname) (name of the employer, (manager or other person, his organizational and legal authority to approve the form, address, telephone number, job description address) email, PSRN, INN/KPP) » » city N » » d. JOB DESCRIPTION for the financial director (deputy general director for finance) 1.
GENERAL PROVISIONS 1.1. This job description defines the functional duties, rights and responsibilities of the financial director (hereinafter referred to as the “organization”). 1.2. The Financial Director is appointed and dismissed in accordance with the procedure established by current labor legislation by order of the Head of the organization. 1.3. The CFO reports directly to the organization. 1.4.
JOB DESCRIPTION
Deputy Director for Financial and Economic Work
- 1. General provisions
1.1. These instructions have been drawn up in accordance with the Resolution of the Ministry of Labor of the Russian Federation dated August 21, 1998. No. 37 “Industry-wide qualification characteristics of positions of workers employed in enterprises, institutions and organizations.”
1.2. The Deputy Director for Financial and Economic Work belongs to the category of managers.
1.3. This job description defines the functional responsibilities, rights and responsibilities of the Deputy Director for Financial and Economic Work.
1.4. A person with a higher professional economic, financial and economic education, experience and work experience in management positions of at least 5 years is appointed to the position of Deputy Director for Financial and Economic Work.
1.5. Appointment to a position and dismissal from it are made by order of the director of the technical school.
1.6. The Deputy Director for Financial and Economic Work should know:
Constitution of the Russian Federation,
Laws of the Russian Federation, Decrees of the President of the Russian Federation;
Civil law, labor, financial and economic legislation;
Legislation on labor and labor protection of the Russian Federation;
Accounting legislation;
Decrees and decisions of the Government of the Russian Federation on issues of education and upbringing of students;
Convention on the Rights of the Child;
Regulatory, administrative and instructional documents of the Ministry of Education on issues of secondary vocational education;
Model regulations on secondary vocational educational institutions;
Resolutions, orders, financial and control and audit bodies on the organization of accounting and reporting, as well as those relating to the economic and financial activities of the technical school;
Charter of the technical school;
Financial and economic activities of the technical school;
The structure of the technical school and prospects for its development;
Regulations and instructions for organizing accounting in a technical school, rules for its maintenance; the procedure for processing transactions and organizing document flow for accounting areas; forms and procedure for financial settlements;
Methods of economic analysis of the financial and economic activities of the technical school; ways and means of identifying on-farm reserves; the procedure for acceptance, capitalization, storage and expenditure of funds, inventory and other valuables;
Rules for settlements with debtors and creditors; the procedure for writing off shortages, receivables and other losses from balance sheets;
Rules for conducting inventories of funds, inventory, settlements and payment obligations;
The procedure and timing for drawing up balance sheets and reporting;
Rules for conducting inspections and documentary audits;
Organization of economic accounting;
Computer system of the 1C:Enterprise program;
Advanced domestic and foreign experience in improving the organization of accounting;
Economics, organization of production, labor and management;
Market methods of management;
Rules and regulations of occupational health, safety, industrial sanitation and fire protection.
1.7. The Deputy Director for Financial and Economic Work in his activities is guided by:
Constitution of the Russian Federation.
Civil, labor, administrative codes of the Russian Federation.
Rules and regulations of labor protection, safety and fire protection, sanitary and epidemiological rules and regulations.
Charter and local legal acts of the technical school (including internal labor regulations, employment contract).
This job description.
1.8. The deputy director for financial and economic work reports to the director of the technical school.
1.9. During the absence of the deputy director for financial and economic work (vacation, illness, business trip, etc.), his duties are performed by a person appointed by order of the director of the technical school. This person acquires the corresponding rights and is responsible for the proper performance of the duties assigned to him.
- 2. Functions
2.1. Implementation of the organization of accounting of the economic and financial activities of the technical school and control over the economical use of material, labor and financial resources, and the safety of the technical school’s property.
2.2. Ensuring control over: the legality, timeliness and correctness of document execution; drawing up economically sound reporting calculations of the cost of products, works (services); payroll settlements with technical school employees; correct calculation and transfer of payments to the state budget; contributions to state insurance, funds to finance capital investments; repayment of bank loan debts on time; transfers to economic stimulus funds and other funds and reserves.
2.3. Organization of accounting of incoming funds, inventory and fixed assets, timely reflection on accounting accounts of transactions related to their movement, accounting of production and distribution costs, execution of cost estimates, sales of products, performance of work (services), results of economic and financial activities technical school, as well as financial, settlement and credit operations.
2.4. Carrying out work to ensure strict compliance with staffing, financial and cash discipline, estimates of administrative, economic and other expenses, the legality of writing off shortages, receivables and other losses from balance sheets, the safety of accounting documents, as well as their execution and delivery in the prescribed manner to the archive.
2.5. Management of employees of the accounting department, contract service, department of extra-budgetary activities of the technical school.
2.6. Coordination of the appointment, dismissal and relocation of financially responsible persons.
3. Job responsibilities
The Deputy Director for Financial and Economic Work performs the following duties:
3.1. Organizes accounting of the economic and financial activities of the technical school and monitors the economical use of material, labor and financial resources, and the safety of the technical school’s property.
3.2. Provides rational organization of accounting and reporting in the technical school and its divisions based on maximum centralization and mechanization of accounting and computing work, progressive forms and methods of accounting and control.
3.3. Manages the development and implementation of activities aimed at maintaining government and financial discipline.
3.4. Ensures the confidentiality of financial information;
3.5. Provides the regulatory framework for its division;
3.6. Ensures the formation and timely submission of complete and reliable accounting information about the activities of the technical school, its property status, income and expenses.
3.7. Organizes accounting of incoming funds, inventory and fixed assets, timely reflection on accounting accounts of transactions related to their movement, accounting of production and distribution costs, execution of cost estimates, sales of products, performance of work (services), results of economic and financial activities technical school, as well as financial, settlement and credit operations.
3.8. Provides control over: the legality, timeliness and correctness of documents; drawing up economically sound reporting calculations of the cost of products, works (services); payroll settlements with technical school employees; correct calculation and transfer of payments to the state budget; contributions to state insurance, funds to finance capital investments; repayment of bank loan debts on time; transfers to economic stimulus funds and other funds and reserves.
3.9. Ensures the legality, timeliness and correctness of paperwork.
3.10. Participates in conducting an economic analysis of economic and financial activities based on accounting and reporting data in order to identify on-farm reserves, eliminate losses and unproductive costs. Provides monitoring of the educational services market, provides this information to other departments of the technical school to draw up a long-term plan for the development of the technical school.
3.11.Takes measures to prevent shortages, illegal spending of funds and inventory, violations of financial and economic legislation.
3.12. Participates in the preparation of documents on shortages and thefts of funds and inventory, controls the transfer of these documents to investigative and judicial authorities, if necessary.
3.13. Conducts work to ensure strict compliance with staff, financial and cash discipline, estimates of administrative, economic and other expenses, the legality of writing off shortages, accounts receivable and other losses from the balance sheets, the safety of accounting documents, as well as their execution and delivery in the prescribed manner in archive.
3.14.Participates in work to improve and expand the scope of on-farm accounting, development of rational planning and accounting documentation, progressive forms and methods of accounting based on the use of modern computer technology.
3.15. Ensures the preparation of balance sheets and operational summary reports on income, expenditures, use of the budget, and other statistical reporting, submitting them in the prescribed manner to the relevant authorities.
3.16. Provides methodological assistance to employees of technical school departments on issues of accounting, control, reporting and economic analysis.
3.17. Informs the director of the technical school about all identified shortcomings in the work of the accounting department of the technical school, structural divisions with a mandatory explanation of the reasons for their occurrence, as well as suggestions for ways to eliminate them.
3.18. Manages employees of the accounting department, contract service, and the department of extra-budgetary activities of the technical school.
3.19. Establishes job responsibilities for employees subordinate to him and takes measures to ensure their implementation.
3.20. Coordinates the appointment, dismissal and relocation of materially responsible persons.
3.21. Instructs materially responsible persons on the issues of accounting and safety of valuables in their custody.
3.22. Complies with labor protection requirements.
3.23.Pass periodic medical examinations.
3.24. Executes other instructions of the technical school director that are not included in this job description, but arise in connection with production needs.
4. Rights
The Deputy Director for Financial and Economic Work has the right:
4.1. Act on behalf of the accounting department of the technical school, represent its interests in relations with other structural units of the technical school and other organizations on economic, financial and other issues.
4.2. Submit proposals to improve its activities for consideration by the technical school management.
4.3. Sign and endorse documents within your competence.
4.4. Request the necessary information from the structural divisions of the technical school and individual specialists.
4.5. Submit for consideration by the technical school director:
4.5.1. Representation on the appointment, relocation and dismissal of accounting employees.
4.5.2. Offers:
On encouraging distinguished employees;
Bringing violators of labor discipline to financial and disciplinary liability.
4.6. Independently conduct correspondence with the structural divisions of the technical school, as well as other organizations on issues that are within the competence of the accounting department and do not require a decision from the director of the technical school.
4.7. Cooperate with the heads of all structural divisions on issues of financial and economic activities of the technical school, as well as with the personnel department on issues of selection, admission, dismissal, transfer of financially responsible persons and accounting employees of the technical school.
- 5. Responsibility
The Deputy Director for Financial and Economic Work is responsible for:
5.1. For improper performance or failure to fulfill one’s job duties as provided for in this job description - within the limits determined by the current labor legislation of the Russian Federation.
5.2. For offenses committed in the course of carrying out their activities - within the limits determined by the current administrative, criminal and civil legislation of the Russian Federation.
5.3. For causing material damage - within the limits determined by the current labor and civil legislation of the Russian Federation.
5.4. For violation of the requirements of the federal law “On Personal Data” and other regulatory legal acts of the Russian Federation, as well as internal regulations of the technical school regulating the issues of protecting the interests of personal data subjects, the procedure for processing and protecting personal data - within the limits established by the current legislation of the Russian Federation.
5.5. For failure to perform or improper performance of one’s functions and duties provided for by this job description, orders, directions, instructions of the technical school management, not included in this job description, but arising in connection with production necessity and other offenses - in accordance with the current legislation of the Russian Federation: reprimand, reprimand, dismissal.
6. Interactions
Deputy Director for Financial and Economic Work:
6.1. Works according to a schedule based on a 40-hour work week and approved by the director of the technical school.
6.2. Independently plans his work for each academic year and half-year. The work plan is approved by the director of the technical school no later than five days from the beginning of the planned period.
6.3. Receives from the director of the technical school information of a regulatory, organizational and methodological nature, and gets acquainted with the relevant documents against receipt.
6.4. Sign and endorse documents within your competence.
6.5. Systematically exchanges information on issues within its competence with the deputy directors of the technical school and employees of the technical school.
6.6. Acts as the director of the technical school during his temporary absence (vacation, illness, etc.). The performance of duties is carried out in accordance with labor legislation and the Charter of the technical school on the basis of the order of the director.
6.7. Transfers to the director information received at meetings, seminars, immediately after receiving it.
6.8. Maintains confidentiality.
Final provisions 6.1. This job description has been developed on the basis of the qualification characteristics of the position “Financial Director (Deputy Director for Finance” (Unified qualification directory of positions for managers, specialists and employees. Section “General industry qualification characteristics of positions of employees employed in enterprises, institutions and organizations”, approved by the Resolution of the Ministry of Labor and Social Development of the Russian Federation Federation dated 08.21.1998 N 37), ... (details of other acts and documents) 6.2. The employee is familiarized with this job description upon hiring (before signing the employment contract).
Financial Director (Deputy Director for Finance)
The Deputy General Director for Financial Affairs receives from the General Director, his deputies, specialists, and heads of structural divisions the necessary oral and written official information and documentation to perform his official duties. 6.2. Provides the necessary oral and written information about his work to the general director of the enterprise.
6.3. Takes part in weekly operational meetings with the general director of the enterprise. 6.4. Takes part in the work of the technical council of the enterprise; prepares materials for the technical council according to the plan.
6.5. A commission of a higher organization, with the participation of the State Labor Supervision Authority, tests his knowledge of labor protection, fire safety, electrical safety, industrial sanitation, and the Labor Code of Ukraine. 6.6.
Job description of the Deputy Director for Finance
Require the management of the enterprise to provide assistance in the performance of their professional duties and the exercise of rights. 3.3. Require the creation of conditions for the performance of professional duties, including the provision of the necessary equipment, a workplace that complies with sanitary and hygienic rules and regulations, etc.
3.4. To pay additional expenses for medical, social and professional rehabilitation in cases of health damage due to an industrial accident and occupational disease. 3.5. Get acquainted with the draft decisions of the enterprise management concerning its activities.
3.6. Submit proposals for improvement of the organization and methods of work performed by the enterprise management for consideration; 3.7.
Responsibilities of the financial director. functions, instructions and tasks
Ensures that necessary financial information is provided to internal and external users. 2.12. Organizes work to analyze and evaluate the financial results of the organization and develop measures to improve the efficiency of financial management, as well as conduct internal audits, consider mutual claims arising in the process of carrying out financial and economic activities, take measures to resolve them in accordance with current legislation .
2.13. Manages the activities of the financial departments of the organization, organizes work to improve the skills of employees, provides methodological assistance to employees of the organization on financial issues. 3. Rights The financial director has the right: 3.1. For all social guarantees provided for by law.
3.2.
Job descriptions of the Deputy Financial Director
Important
Control over the condition, movement and intended use of financial resources. 3. Job responsibilities The Financial Director performs the following duties: 3.1.
Determines the financial policy of the organization, develops and implements measures to ensure its financial stability. 3.2. Manages financial management work based on the strategic goals and development prospects of the organization, identifying sources of financing taking into account market conditions.
3.3. Analyzes and assesses financial risks, develops measures to minimize them, ensures control over compliance with financial discipline, timely and complete fulfillment of contractual obligations and receipt of income, the procedure for processing financial and economic transactions with suppliers, customers, credit institutions, as well as foreign economic transactions activities. 3.4.
Job description of the financial director (deputy director for finance)
I approve (organizational and legal form, (signature) (full name, name of organization, position of manager or other enterprise) of the official authorized to approve the job description) » » 20 M.P. Job description of the financial director (deputy director for finance) (name of organization, enterprise, etc.) This job description was developed and approved on the basis of an employment contract with the financial director and in accordance with the provisions of the Labor Code of the Russian Federation and other regulations, regulating labor relations.
1. General provisions 1.1. The financial director belongs to the category of managers, is hired and dismissed by order (name of the manager's position) to which he is directly subordinate in his work. 1.2.
Job Description of the Director of Finance
When applying for a job, he submits his work book, passport, and other documents (military ID, education document) to the department of organizational and personnel work. 6.7. Promptly informs the department of organizational and personnel work about changes in registration data (family composition, home address, military registration, passport data, etc.).
Attention
Receives information from the organizational and personnel department about length of service, availability of benefits, etc. 6.9. Receives information about his salary from the chief accountant, accountant of the financial department, economist.
6.10. Promptly reports to the department of organizational and personnel work information about advanced training (training) and assignment of a qualification category, presenting the original and a photocopy of the received document. 7. PERFORMANCE EVALUATION 7.1. Proper performance of their functions and duties.
7.2.
Job description of the Deputy Director for Economics and Finance
Participates in the development of draft plans for sales of products (works, services), costs of production and sale of products (works, services), prepares proposals to increase the profitability of production, reduce production and distribution costs. 2.8. Monitors the status, movement and intended use of financial resources, the results of financial and economic activities, and the fulfillment of tax obligations.
2.9. Takes measures to ensure solvency and increase the organization’s profits, the effectiveness of financial and investment projects, and the rational structure of assets. 2.10. Organizes the development of an information system for financial management in accordance with the requirements of accounting, tax, statistical and management accounting, monitoring the reliability and maintaining the confidentiality of information.
2.11.
Participates in the development of draft plans for sales of products (works, services), costs of production and sale of products (works, services), prepares proposals to increase the profitability of production, reduce production and distribution costs. Monitors the status, movement and intended use of financial resources, the results of financial and economic activities, and the fulfillment of tax obligations.
Takes measures to ensure solvency and increase the organization’s profits, the effectiveness of financial and investment projects, and the rational structure of assets. Organizes the development of an information system for financial management in accordance with the requirements of accounting, tax, statistical and management accounting, monitoring the reliability and maintaining the confidentiality of information.
JOB DESCRIPTION FOR DEPUTY DIRECTOR FOR FINANCIAL ISSUES
Name of organization I APPROVED
POSITION Title of position
INSTRUCTIONS OF THE MANAGER OF THE ORGANIZATION
N ___________ Signature Explanation
Place of compilation Date
DEPUTY DIRECTOR FOR FINANCIAL ISSUES
I. GENERAL PROVISIONS
1.1. The Deputy Director for Financial Affairs belongs to the category of managers, is hired and dismissed by order of the head of the organization.
1.2. A person with a higher economic or engineering-economic education and at least 5 years of economic experience in managerial positions is appointed to the position of Deputy Director for Financial Affairs.
1.3. In his activities, the Deputy Director for Financial Affairs is guided by:
Legislative and regulatory documents governing the production, economic and financial and economic activities of the organization;
Methodological materials relating to the financial activities of the organization;
Charter of the organization;
Orders, instructions of the General Director of the organization;
1.4. The Deputy Director for Financial Affairs should know:
Legislative and regulatory legal acts regulating the production, economic and financial and economic activities of the organization;
Regulatory and methodological materials relating to the financial activities of the organization;
Prospects for the development of the organization;
State and prospects for the development of financial markets and sales markets for products (works, services);
Basics of production technology;
Organization of financial work in the organization, logistics, transport services and product sales;
Organization of loading and unloading operations;
Economics, organization of production, labor and management.
1.5. During the absence of the deputy director for financial matters of the organization, his duties are performed in the prescribed manner by an appointed deputy, who bears full responsibility for their proper execution.
II. FUNCTIONS
The Deputy Director for Financial Affairs is assigned the following functions:
2.1. Management of the financial and economic activities of the organization, aimed at achieving high efficiency of production activities at the lowest cost of material, labor and financial resources.
2.2. Organization of work to improve the qualifications of subordinate employees.
2.3. Ensuring healthy and safe working conditions for subordinate performers, monitoring their compliance with the requirements of legislative and regulatory legal acts on labor protection.
III. JOB RESPONSIBILITIES
To perform the functions assigned to him, the Deputy Director for Financial Affairs is obliged to:
3.1. Organize management of the movement of financial resources of the organization and regulation of financial relations arising between business entities in order to most effectively use all types of resources in the process of production and sales of products and obtain maximum profit.
3.2. Ensure the development of the organization's financial strategy and its financial stability.
3.3. Lead the development of draft long-term and current financial plans, forecast balances and cash budgets.
3.4. Participate in the preparation of draft plans for product sales, capital investments, planning product costs and profitability of production, manage the work on calculating profits and income taxes.
3.5. Implement investment policy and manage the organization’s assets, determine their optimal structure, prepare proposals for the replacement and liquidation of assets, monitor the securities portfolio, analyze and evaluate the effectiveness of financial investments.
3.6. Organize the development of working capital standards and measures to accelerate their turnover.
3.7. Ensure timely receipt of income, execution of financial settlement and banking transactions within the established time limits, payment of bills of suppliers and contractors, repayment of loans, payment of interest, wages to workers and employees, transfer of taxes and fees to the budget, to state extra-budgetary social funds, payments to bank institutions.
4.7. Require the General Director of the organization to provide assistance in the performance of his official duties and rights.
V. RELATIONSHIPS (RELATIONS BY POSITION)
5.1. Deputy Director for Financial Affairs
reports directly to the General Director of the organization.
5.2. The Deputy Director for Financial Affairs interacts with
issues within his competence with employees of the following
structural divisions of the organization:
receives:
is:
___________________________________________________________________;
WITH _______________________________________________________________:
receives:
___________________________________________________________________;
is:
___________________________________________________________________;
VI. PERFORMANCE EVALUATION AND RESPONSIBILITY
6.1. The work of the deputy director for financial matters is assessed by the immediate supervisor (other official).
6.2. The Deputy Director for Financial Affairs is responsible for:
6.2.1. For failure to perform (improper performance) of one’s job duties as provided for in this job description, within the limits determined by the current labor legislation of the Republic of Belarus.
6.2.2. For offenses committed in the course of carrying out their activities - within the limits determined by the current administrative, criminal and civil legislation of the Republic of Belarus.
6.2.3. For causing material damage - within the limits determined by the current labor, criminal and civil legislation of the Republic of Belarus.
Head of structural _________ _______________________
divisions (signature) (signature decryption)
I have read the Instructions: _________ _______________________
(signature) (signature decryption)
Loading...