Job Responsibilities of Financial Director

1. Business responsibilities of the financial director:

⒈ Understand the market conditions under the current sales strategy.

⒉ Organize and lead the company's financial management, cost management, budget management, accounting, accounting supervision, audit supervision, inventory control and other aspects to strengthen the company's economic management and improve economic efficiency.

⒊Participate in formulating the company's annual general budget and quarterly budget adjustments, summarize and review monthly budgets reported by subordinate departments, convene and chair the company's monthly budget analysis and balancing meeting.

⒋Responsible for the organization and implementation of important internal audit activities.

⒌Understand the company’s financial status, operating results and capital changes, and report work status to the general manager and chairman of the board in a timely manner.

⒍ Preside over the formulation of the company's rules, regulations and working procedures for financial management, accounting and accounting supervision, budget management, audit supervision, and treasury management, and organize their implementation and supervise and inspect the implementation after approval.

⒎ Organize the implementation of relevant national financial laws, regulations, guidelines, policies and systems to ensure the company's legal operations and safeguard the rights and interests of shareholders.

⒏Approval of cash withdrawals from banks in accordance with regulations.

⒐ Responsible for reviewing and signing company budgets, financial revenue and expenditure plans, cost and expense plans, credit plans, financial reports, and final accounting statements, and countersigning major business plans, economic contracts, and economic agreements involving financial revenue and expenditure.

⒑Participate in the decision-making and plan formulation of the company's investment behavior, important operating activities, etc., participate in the research and review of major economic contracts or agreements, and participate in the analysis and decision-making of important economic issues.

⒒Do a good job in handling various administrative affairs of the financial system, improve work efficiency, and enhance team spirit.

⒓ Organize the safekeeping and regular archiving of financial system documents, materials, and records.

⒔ Organize confidentiality work.

⒕Represent the company to liaise with relevant external departments and institutions and maintain good cooperative relations.

2. Management Responsibilities of the Financial Director

⒈Organizational Building

⑴. Participate in discussions on the company’s organizational structure above the department level;

⑵. Determine the organizational structure of subordinate departments;

⑶. When it is found that the job setting or division of labor of subordinate departments is unreasonable, the problem should be pointed out in a timely manner, adjustments should be made, and the human resources department should be notified.

⒉Recruitment, appointment and dismissal

A. Employment needs

⑴. Propose employment needs for directly subordinate positions, and compile the job responsibilities and qualifications of the position, Submit to the general manager for confirmation;

⑵. Confirm the employment requirements submitted by direct subordinates (including job responsibilities and qualifications), and submit to the general manager for confirmation.

B. Interview

⑴. Conduct preliminary interviews for directly subordinate positions;

⑵. Conduct re-examination for directly subordinate positions and make final determination; /p>

⑶. Organize the personnel participating in the interview.

C. Handling of unqualified employees

⑴. Propose suggestions for handling unqualified direct subordinates and submit them to the general manager for confirmation;

⑵. Confirm the suggestions made by direct subordinates Submit your suggestions for handling unqualified employees to the Human Resources Department.

⒊Training

⑴. Propose a training plan for direct subordinates and submit it to the general manager for confirmation;

⑵. Confirm the training plan proposed by direct subordinates and submit it to manpower Resources Department.

⒋Performance Appraisal

⑴. Propose performance appraisal principles for direct subordinates and submit them to the general manager for confirmation;

⑵. Based on the performance appraisal principles confirmed by the general manager, Discuss with the manager of the human resources department and determine the performance appraisal method;

⑶. Conduct appraisals on direct subordinates and conduct appraisal communication. Submit the evaluation results to the Human Resources Department.

⒌Work communication

⑴. Summarize work reports, communicate information with the general manager, and pass this information to direct subordinates;

⑵. Responsible Communicate the company's policies, principles, strategies and other information to direct subordinates quickly, clearly and accurately;

(3) Establish a written and interactive work reporting system to communicate with direct subordinates.

⒍Incentives

⑴. Propose incentive principles for subordinate departments and direct subordinates, and submit them to the general manager for confirmation;

⑵. Based on the incentive principles confirmed by the general manager, Discuss with Human Resources Manager to determine motivational methods.

⒎Fund review and control

⑴. Approval of various expenditures of subordinate departments in accordance with the financial system, and confirm the rationality of expenditures;

⑵. Supervision and coordination Control the expenses of subordinate departments and make monthly expense reports to the general manager.

⒏Work Report

⑴Regularly report in writing to the general manager on all your work and the work of subordinate departments.

⒐Exhibit leadership skills

⑴. Guide, encourage, and spur subordinates so that they can work hard;

⑵. Have ways to improve subordinates’ work results and Work efficiency;

⑶. Be able to describe the company's strategic intentions and long-term prospects for subordinates.

Extended information:

The CFO’s high sense of responsibility for the enterprise mainly involves the following three aspects:

1. To safeguard the interests of the public.

Professional ethics require CFOs to first ensure the interests of the public when considering corporate interests. In order to maintain their social image and ensure their professional reputation, it is very important for CFOs to put public interests first. Although enterprises are often the party with a direct interest relationship with the CFO, if the interests of the enterprise are contrary to the interests of the public, the CFO should adhere to this professional ethics without hesitation.

⒉Performance

The CFO shall perform its responsibilities to the enterprise in accordance with the agreement. In essence, once the CFO accepts the entrustment of the enterprise to engage in financial management, a contractual relationship is established between him and the enterprise, which is protected by law like other contracts. At the same time, completing the work during one's term of office on time and according to quality and fulfilling the contract are the embodiment of CFO's professional ethics and are also required by law.

⒊Business Confidentiality

Business confidentiality is an important topic in professional ethics. Since the CFO knows a large amount of information related to business operations, including business secrets such as business strategies, costs, and internal controls, once disclosed, the company will lose its original position in the competition. , creditors, or investors; the CFO must promise not to disclose this information to the outside world when it has information involving commercial secrets. This means that the CFO should keep the business secrets known during the financial management process confidential. and shall not use it to seek benefits for yourself or others (hereinafter referred to as the principle of confidentiality).

Reference: Financial Director-Baidu Encyclopedia