Financial Operations Manager Job Description
Financial operations manager
provides differentiating Business Analytics, Lean Systems Engineering and Lean Six Sigma (LSS) services to Vencore Business Groups, customers, and external companies.
Financial Operations Manager Duties & Responsibilities
To write an effective financial operations manager job description, begin by listing detailed duties, responsibilities and expectations. We have included financial operations manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure running systems by regular release tests for Treasury owned system applications
Oversee the abstraction process for customer leases and land leases to ensure accurate and essential data is entered into the systems in a timely manner
Oversee the management of tenant and land lease administration to ensure lease data points are timely and accurately updated, audit results are accurate and delivered within timelines, and systems and tools are enhanced to optimize work flow
Recommend and implement abstraction, lease administration, and billing policies to meet evolving business needs and mitigate risks
Assist with monthly financial closing including accrual for operating and capital expenditure and monthly analysis for Program and Endowment
Review monthly capital projections and provide input and oversight for monthly capital cash flow reports
Manage and ensure compliance for accounts payable and purchasing, which includes corporate credit card accounts, and management of on-line purchasing system
Orient and train the organization on finance related processes
Coordinate check signing process to ensure compliance with signing authorization requirements
Perform the final review of all processed invoices prior to the Officer sign off
Financial Operations Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Operations Manager
List any licenses or certifications required by the position: CPA, MBA, ITIL, ACA, FUSF, CAMS, CMA, NCFM, AMFI, CAPM
Education for Financial Operations Manager
Typically a job would require a certain level of education.
Employers hiring for the financial operations manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Business/Administration, MBA, Economics, Management, Communication, Information Systems
Skills for Financial Operations Manager
Desired skills for financial operations manager include:
Six Sigma
Statistical techniques
Excel
Internal Damco systems and processes
Kewill system
Compliance guidelines
Financial and business management principles
Legal
Policies
Systems
Desired experience for financial operations manager includes:
Coordinate monthly/quarterly department meetings
Possess effective leadership and supervisory skills
Exceeding expectations and requirements of internal and external customers consistently striving to exceed goals and expectations and motivating others to accomplish the same results in an excellent fashion
Effectively solving problems by applying a systematic assessment of alternatives and identifying what is important and should be focused on to achieve objectives
Clearly and comfortably delegates tasks, assignments, and decision making responsibilities
Consistently strives to exceed goals and expectations
Financial Operations Manager Examples
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Financial Operations Manager Job Description
Job Description Example
Our innovative and growing company is looking for a financial operations manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial operations manager
- Drive negotiations of transactional bank fees with global masterbanks and support money market instrument conditions
- Operate as global escalation point in all banking related topics to support subs and other finance teams
- Manage Bank Account Management (BAM) tool, global administration, support subs and drive maintenance
- Manage global masterbank e-banking tools and global administration in collaboration with FSS Team
- Actively participate in projects in the area of Group Treasury and cross functional
- Support and drive Continuous Improvement Initiatives (CII) within Financial Operations, Group Treasury and cross functional
- Develop and implement state of the art analytical tools, KPI’S for Financial Operations
- Actively keeps up to date with latest trends in field of Treasury Financial Operations
- Responsible for preparation and completion of employee benefit plan financial statements including GAAP footnotes and disclosures
- Manage and delegate workload to ensure all required timeframes are met
Qualifications for financial operations manager
- Bilingual Spanish (fluent verbal and written) PREFERRED
- Bachelors in Accounting, Auditing, Finance or Business Administration
- Database Knowledge – preferred, not required
- SQL Knowledge – preferred, not required
- Bilingual Spanish Preferred(fluent verbal and written)
- Business and IT understanding of processes and structures
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Financial Operations Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial operations manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial operations manager
- Develops staffing models and inventory reduction plans
- Anticipates problems and opportunities within the units managed and determines resolutions
- Lead multiple teams responsible for a high volume of billing, lease administration, credit and collection and reconciliation efforts of all customer accounts
- Devise quarterly goal plans and outline strategy for team members on aging reduction of receivables, abstraction process accuracy, tenant billing and lease reconciliation processes
- Oversee the billing process, including timely and accurate processing customer invoices, billing adjustments and changes to customer lease data points
- Recommend and implement more automated, consistent and controlled processes to improve accuracy for lease administration and all types of customer billings, including recurring rent, one-time fees and service-related work
- Oversee credit and collection activities with the goal of reducing accounts receivable balances by driving team to desired results, enhancing collection tools, fine tuning credit review process, improving customer payment cycles, and mitigating risk balances
- Develop confirmation process with customers on the front end to validate critical lease data points before first invoice is generated
- Supervise and manage the performance of Supervisors, Analysts and Specialists
- Manages “start to finish” outside collection agencies dispute support, ensuring requests for information and disputes are managed within SLA’s
Qualifications for financial operations manager
- Ability to interface regularly with Senior Management in order to articulate policy and customer situations
- Bachelor's degree with concentration in Finance, Accounting or Business Administration or equivalent work experience required
- Minimum seven years of finance and/or accounting experience required
- Knowledge of lease administration and accounts receivable procedures required
- Minimum of three years of management experience required
- Lease administration and billing experience with a larger company, , > $500 million in annual revenue, strongly preferred
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Financial Operations Manager Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of financial operations manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial operations manager
- Identify resources and develop opportunities for staff to expand knowledge and skills
- Supporting growth driven change within the FIG organization
- Communicating with FIG leadership on a regular basis
- Lead stakeholder project meetings and engage appropriate performers to drive each effort to completion
- Manage third-party intermediary relationships
- Assist with management of FAS Australia infrastructure
- Manage projects related to investment solutions
- Research data to prepare strategic product analysis, recommendations on product development and related presentation material
- Develop and oversee Australia/NZ business intelligence reporting, board reporting, due diligence requests and data requests in collaboration with US FAS Operations team
- Manage and, if appropriate, sponsor FAS global and Australia technology initiatives
Qualifications for financial operations manager
- Strong attention to detail the “big picture”
- Experience with financial card issuing, and closed-loop gift cards
- Ability to work with different departments (marketing, IT, fraud, finance, service) to support the products
- At least 3 years – preferably more - years in contract administration, strategic sourcing or procurement
- Effectively use quantitative and qualitative data for decision making
- Ability to provide a vision of end state and encourage others to build in that direction
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Financial Operations Manager Job Description
Job Description Example
Our company is looking for a financial operations manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial operations manager
- Provide support for other third party systems including cost recovery, I4G, , coordinating with Global Technology and other users as needed
- Insuring that all transactions and disbursements comply with District policies and procedures and any appropriate governmental regulations
- Communicating the District's expenditure and disbursement policies to leadership, associates, vendors, and the general public
- Review and sign off Audit packs, TBs and financial statements for unit trusts clients
- Review and sign off BASs calculations, MERs, ABS reporting as and when available
- Be more than an accountant - need a creative business partner
- Provide regular analysis and management reports to help guide the company to good decisions and profitability
- Responsible for field support functions including contracts administration, AR, AP, Payroll and programs administration
- Serve as a strategic partner in identifying, recommending and executing on opportunities for improvement across all support functions for improved operational performance
- Identify and execute process improvements that generate improvement in cash flow
Qualifications for financial operations manager
- Knowledge of GAAP reporting requirements as it pertains to employee benefit plans preferred
- High levels of flexibility, adaptability, and learning agility
- Financial reporting work experience preferred
- Bachelor's degree in Accounting / Finance, Business, or other related technical field
- At least 2 years of experience working with Commercial Lending business teams
- Bachelor’s degree and 5+ years applicable experience required
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Financial Operations Manager Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of financial operations manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial operations manager
- Responsible for the review of monthly reconciliation of various vendor invoices related to credit bureaus, office services and mail services
- Manage the company’s $9 million escheats payable liability ensuring compliance with escheat laws for all 50 states
- Prepare ad-hoc financial and operational analysis
- Develop, in partnership with NYT advertising Finance leadership, comprehensive pricing and hard cost guidelines for standard programs
- Management of a team of approximately 60 Warsaw, Poland based employees
- Monitor the staff levels and provide feedback to management on the assigned Associate’s performance and expertise
- Analyze revenue and expense accounts for unusual items
- Recommend any necessary improvements to company's overall efficiencies
- Oversee Accounts Payable and Accounts Receivable functions
- Calculate Commissions and prepare commission statements
Qualifications for financial operations manager
- High degree of customer and service orientation
- SAP experience including SAP treasury applications and FIS Treasury System in terms of usage and processes
- Ability to operate cross-functional and understanding of external business drivers
- Completion or current progression towards a relevant postgraduate study
- A minimum of five years experience in financial accounting within financial and/or professional services
- Experience in statutory reporting and/or the application of accounting standards in accordance with AASB & IFRS or tax reporting, specifically in income tax returns and trust distribution calculations