Manager, Financial Operations Job Description
Manager, Financial Operations Duties & Responsibilities
To write an effective manager, financial operations job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, financial operations job description templates that you can modify and use.
Sample responsibilities for this position include:
Manager, Financial Operations Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Financial Operations
List any licenses or certifications required by the position: CPA, MBA, ITIL, ACA, FUSF, CAMS, CMA, NCFM, AMFI, CAPM
Education for Manager, Financial Operations
Typically a job would require a certain level of education.
Employers hiring for the manager, financial operations 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 Manager, Financial Operations
Desired skills for manager, financial operations include:
Desired experience for manager, financial operations includes:
Manager, Financial Operations Examples
Manager, Financial Operations Job Description
- Constructing and implementing consistent process and control improvements
- Managing US Finance Operations team
- Lead reporting assessments of billable vs
- Leverage project and periodic department financial performance reviews to develop ongoing long-term pricing, policy and procedures
- Manage global bank accounts and zero-balanced global cash pools in various currencies on daily basis
- Ensure smooth operation of the day-to-day business by setting-up and maintaining optimum global bank account and pooling infrastructures, operating efficient cash management and payment processes and enforcing the accuracy of prepopulated and manually planned cash flows by using the treasury applications SAP Cash Management, SAP Bank Communication Manager, SAP InHouse Cash, Bank Account Manager and Treasury Management System
- Enable fact based funding / investing decisions by creating transparency on short-term liquidity forecast
- Manage and execute reporting and ad-hoc analysis of external and internal bank account balances financial position
- Provide comprehensive technical and business expertise for treasury and SAP processes
- Manage global bank documentation for adidas AG and subsidiaries bank accounts with global masterbanks
- CPA or CMA Certification and/or MBA or MPA graduate degrees is preferred for this function to ensure that the manager has an adequate knowledge base to manage functions and activities within the department, to make appropriate decisions and to review reports, activities and analysis with good judgment
- Work independently, prioritize assignments, meet deadlines, work under pressure, make decisions and communicate results and progress
- Comprehensive knowledge of MS Office products
- Experience in Technology Finance is preferred
- Preparation of management reporting information against key performance indicators (KPI's) and assessments of service level agreements (SLA's)
- Bilingual Spanish (fluent verbal and written) skills preferred
Manager, Financial Operations Job Description
- Troubleshoot problems and help to manage difficult situations
- Proactively identify any potential issues by gathering relevant information and working with the right resources (client, client team, client vendors, Account Executives, FSP Service Manager) to swiftly resolve these issues
- Establish project plans and timelines and conduct status meetings (internal and external) to ensure risks are identified / mitigated and client satisfaction is achieved
- Implement operations tools, reference material and best practices
- Manage process improvements to reduce costs and improve overall efficiencies while still maintaining quality standards
- Provide final quality review of all team work before delivery to client
- Owns relationship and accountability for success of existing and new client implementations
- Owns financials for book of clients
- Responsible for measuring and managing team’s productivity with an eye for increasing productivity
- Leverage the talent/resources on the team to generate positive results
- Monitor, measure, and report on colleague performance
- Provide feedback / coaching to colleagues on work product
- Shares his/her in depth client consulting and expertise with FSP team members
- Responsible for the National Office (N.O.) Operations strategies with respect to managing, monitoring, and continuously improving key credit process functional areas
- Partner with key stakeholders to implement credit process strategies to improve both the client and employee experience by making Commercial and Small Business credit processes simpler, faster, and better
- Anticipates change and emerging customer and associate needs
Manager, Financial Operations Job Description
- Continual evaluation of all business processes to assure that the proper segregation of duties and internal controls are in place
- Oversee the Clinical site contract payment process to assure that all clinical study sites are paid in an accurate and timely manner
- Oversee the financial team reviewing all contracts and note any financial concerns needing addressed within each
- Oversee the financial team reviewing all Purchase Requests prior to submission to the Purchasing team
- Oversee the financial team responsible for reviewing all open POs on a regular basis
- Identify improvements as needed to any noted business process and discuss with the proper business owner
- Direct management responsibility of the Product Delivery team for non-reloadable financial card products
- Leads team in successful management of daily operations of financial and closed-loop card programs by interfacing with all areas of the company to ensure that products are configured, delivered, and operate reliably
- Monitors current program implementations with the team
- Work with internal teams to streamline processes for product set-up and data management
- Ability to work independently with minimal supervision within a group/team
- Track and report on team performance in key areas including collateral tracking, product and merchant launches, and test card delivery
- Review, revise and define roles and responsibilities for team members to maximize team efficiency
- Fostering continuous process improvement in the engagement, onboarding and implementation of products and services
- Build and maintain a shared knowledge library of best practice materials related to non-reloadable financial, closed-loop and lottery programs to ensure repeatable, successful operations and implementations
- Experience managing a team in an operations environment
Manager, Financial Operations Job Description
- Degree qualified, with an undergraduate or higher
- An understanding of the financial advice industry
- Exposure to project methodologies and experience managing cross-functional initiatives
- Strong stakeholder management skills, with the ability to build productive global relationships, internally and externally
- Review and sign-off of BAS calculations, MERs, ABS reporting
- Act as a subject matter expert for accounting related queries and assisting clients with their accounting/tax reporting requirements and queries
- Train, coach and guide team members
- Act as an escalation point for both clients and internal stakeholders to ensure issue resolution
- Represent the financial reporting team on specific projects relating to clients, process improvements, and product development
- Review and sign off tax distributions and tax returns for unit trust clients
- Prior experience in Shared Services and/or Back Office Operations is preferred
- Creative problem solving skills - must be able to derive root case, resolve issues
- Ability to work a flexible schedule as the business cycle would demand
- Minimum 5 years of prior experience required in mortgage banking default or servicing operations
- Servicing system experience
- 5 years of experience in project management for business initiatives or 5 years of experience in project management for financial operations experience
Manager, Financial Operations Job Description
- Manage and increase the effectiveness and efficiency of Support Services (HR, IT and Finance), through improvements to each function coordination and communication between support and business functions
- Management of agency budget in coordination with the Executive Director
- Disbursement of checks for agency expenses
- Organization of fiscal documents
- Regular meetings with Executive Director around fiscal planning
- Manage the portfolio profit process which includes disbursement of $200 million of portfolio profit and portfolio express payments on an annual basis
- Responsible for the review of monthly commission amounts for the field sales team which includes over 400 individual markets
- Responsible for the review of multiple monthly dealer billings including program license fees, term exception fees, fraud fees and EVA fees
- Identify and implement process improvements in all areas of responsibility (portfolio profit express, offsets, commissions)
- Provide support to the field sales team
- 2-4 years of experience leading complex or large-scale projects is preferred
- Experience in accounting operations, planning and analysis, financial reporting while working in multinationals and complex, decentralized organizations
- Sound analytical, reporting and problem solving skills
- CA / CPA qualifications (or part qualified)
- At least 5 years experience in financial accounting within financial and/or professional services
- BS/BA degree with a concentration in Accounting, Finance, Economics or Business Administration