Finance Officer Job Description

What is the job description of a Finance Officer? What are the duties and responsibilities of a Finance Officer? What does a Finance Officer do?

Job description of a Finance Officer

A Finance Officer is responsible for the financial health of a company by administering accounting operations to meet legal requirements.

Finance Officers manage accounting activities, including bank reconciliations, accounts payable and accounts receivable. Ultimately, they are responsible for the day-to-day management of financial transactions and procedures.

This Finance Officer job description example includes the list of most important Finance Officer duties and responsibilities as shown below. It can be modified to fit the specific Finance Officer profile you're trying to fill as a recruiter or job seeker.

Finance Officer Duties and Responsibilities

Finance Officer job description should contain a variety of functions and roles including:

  • Keep accurate records for all daily transactions
  • Prepare balance sheets
  • Process invoices
  • Record accounts payable and accounts receivable
  • Update internal systems with financial data
  • Track bank deposits and payments
  • Assist with budget preparation
  • Review and implement financial policies
  • Prepare monthly, quarterly and annual financial reports
  • Reconcile bank statements
  • Participate in financial audits

Finance Officer Requirements / Skills / Qualifications

Finance Officer job description should include these common skills and qualifications:

  • BSc degree in Finance, Accounting or Economics
  • Professional qualification as a CFA/CPA is considered a plus
  • Proven work experience as a Finance Officer or similar role
  • Solid knowledge of financial and accounting procedures
  • Excellent analytical and numerical skills
  • Sharp time management skills
  • Strong ethics, with an ability to manage confidential data
  • Experience using financial software
  • Advanced MS Excel skills
  • Knowledge of financial regulations

As a hiring manager, recruiting an ideal Finance Officer starts with crafting a good job description. Use this Finance Officer job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Finance Officer may also reference it in preparation for the interview.