Financial Coordinator Job Description

financial coordinator job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Financial Coordinator Job Description

The financial coordinator is the person who helps manage a company’s finances.

This often includes tasks such as budgeting, bill paying, and financial planning.

Financial coordinators often manage a team of financial accountants and analysts.

Job Brief:

We’re looking for a Financial Coordinator to join our team! As our Financial Coordinator, you will be responsible for managing our finances and providing accurate financial reports. You will also be responsible for developing and implementing financial policies and procedures. If you are a detail-oriented and organized individual with experience in financial management, we want to hear from you!

Financial Coordinator Duties:

  • Assist in planning, budgeting, and forecasting to ensure appropriate and effective management of the company’s finances
  • Maintain daily records of all transactions and financial transactions
  • Prepare and deliver financial statements
  • Oversee accounts payable, accounts receivable, payroll, and bank reconciliations
  • Prepare and maintain accounting records, including payroll, accounts payable, and accounts receivable
  • Maintain stock records, including inventory
  • Maintain information needed to prepare tax returns and financial statements
  • Oversee tax compliance
  • Identify and report potential opportunities for cost savings, revenue generation, and benefits
  • Create and maintain financial databases
  • Assist with internal audits
  • Review and approve all payments
  • Review all contracts, legal documents, insurance policies, and financial transactions to ensure compliance

Financial Coordinator Responsibilities:

  • Maintain record and reconcile all bank accounts, payroll, expense reports, invoices, and contracts
  • Process payments of vendors and employees
  • Prepare accurate financial reports and complete monthly budget reviews
  • Develop and implement financial systems and procedures
  • Oversee preparation of budget forecasts and quarterly cash flow projections
  • Develop and maintain accounting policies and procedures
  • Oversee the maintenance of general ledger and accounts receivable, accounts payable, and sales journals, and ensure smooth bank reconciliation
  • Maintain general ledger process, including accounts payable, receivable, general ledger, bank reconciliation, and financial statement preparation
  • Oversee the maintenance of general ledger, accounts receivable, accounts payable, and sales journals and ensure smooth bank reconciliation
  • Investigate and resolve discrepancies in account activity, and prepare and submit monthly financial statements to the board of directors
  • Work with outside auditors to ensure financial reports are accurate

Requirements And Skills:

  • High school diploma or GED
  • 2+ years of experience in financial services
  • Strong knowledge of computers and accounting software; proficiency in Microsoft Office (Word, Excel, Outlook)
  • Knowledge of budgeting, accounting, banking, and accounting systems
  • Ability to manage multiple projects simultaneously

[Company Name] is proud to be an Equal Opportunity Employer. We believe that diversity and inclusion are key to building a strong and successful team. We encourage applications from people of all races, religions, national origins, genders, and ages, as well as veterans and individuals with disabilities.

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