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We are looking for a Head of Finance to supervise all financial tasks of our company and ensure we use capital and resources beneficially.
Head of Finance responsibilities include creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations. To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.
Ultimately, you will maintain our company’s financial health and increase profitability in the long run.
A Head of Finance is responsible for managing all financial aspects of an organization. On a day-to-day basis, their activities may include:
Financial Planning and Analysis: The Head of Finance reviews and analyzes financial data to assess the financial performance of the organization. They provide insights to the management team for informed decision making and forecast future financial trends.
Budgeting and Forecasting: They work closely with other departments to create budgets and financial forecasts for various projects and business initiatives. They ensure that the budgets align with the organization's goals and objectives.
Financial Reporting: The Head of Finance prepares and presents regular financial reports to the management team and stakeholders. These reports summarize the financial results, analyze variances, and highlight key performance indicators, enabling effective financial decision making.
Cash Flow Management: They monitor cash flow, ensuring that there is sufficient liquidity to meet the organization's financial obligations. This involves approaching financial institutions for loans or credit facilities as needed, managing accounts payable and receivable, and optimizing working capital.
Risk management: The Head of Finance identifies and evaluates financial risks and implements appropriate measures to mitigate them. They stay updated on relevant regulations and compliance requirements to ensure the organization operates within legal and ethical boundaries.
Financial Strategy: They work with the executive team in formulating long-term financial strategies to achieve the organization's objectives. This might include assessing investment opportunities, assessing potential mergers or acquisitions, or evaluating cost-saving initiatives.
Team Management: They supervise and manage the finance department, overseeing day-to-day operations, setting department goals, and ensuring that the team has the required knowledge and resources to perform effectively.
Relationship Management: They maintain relationships with external stakeholders, such as auditors, financial advisors, and regulatory authorities. They may also collaborate with banks, investors, and external consultants to secure funding or support financial initiatives.
The specific tasks may vary depending on the organization's size and industry, but overall, the Head of Finance plays a vital role in driving the financial success of the organization.
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About The Organization
Gary Community Ventures invests in for-profit and philanthropic solutions for Colorado's low-income children and their families. Gary Community Ventures believes that business and philanthropy can—and should—work together to create opportunities for those who need it most. As such, Gary Community Ventures is committed to investing in quality early childhood and youth... ...
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