Finance Administrator Job Description

Finance and accounts happen to be a major part of an organisation because that is where the revenue and net earnings are accounted for. The company’s resources, assets and liabilities are all categorised under financial administration and it is indeed vital. A financial administrator is a professional who is in charge of the department aforementioned. He is responsible for the entire management of funds and equities. He will also be answerable for the short term as well as long term financial planning of the organisation.

Job profile

We, at {company_name} are opening roles for the financial administrator at our firm. The person offered this role will be required to administer everything that goes around in the accounts department. He will be answerable for the financial planning and statements of the firm and their regular submission to the management. We are looking for finance enthusiasts who love to delve into the game of calculation and methodology for revenue maximisation. If you feel you satisfy the qualifications enlisted and are ready to take on the responsibilities we mention, we are waiting to have you on-board.

Key responsibilities

Financial statements- The financial administrator is entitled to prepare the financial statements of the organisation. Financial statements majorly constitute profit and loss statement, balance sheet and statement of cash flows.
Maintenance of record- The financial statements including the record of revenue and profit needs to be tabulated in a database format and presented to the authorities at the end of each month.
Accounts management and supervision- The financial administrator is responsible for managing every individual who is in charge of the accounts section and establishes proper coordination amongst different departments.
Management of assets and liabilities- The person in the role is accountable for collecting money relating to the accounts receivables of the organization, and rental income. He is also responsible for payment of the organization’s liabilities such as insurance premiums, social security payments and other accounts.
Proper budgeting- A financial administrator is responsible for preparing a well-organised layout for the monthly budget and redraw the business goals and objectives after every regular interval.
Investment administration- The entire account of short and long term investment as well as plans to expand the investment arena is one of the duties of the person appointed.
Portfolio management- Apart from administering the entire investment scenario for the organisation, the person will also be answerable for developing and maintaining a proper investment portfolio for the firm.
Handling account discrepancies- The administrator will be responsible for handling any discrepancy may arise in due course of managing the account receivable and payable.
Record of financial trajectory- You will be responsible for preparing a well-informed report on financial trajectories which includes asset liquidity, interests and investments in bonds etc.
Proper supervision of payroll process- As an administrator, you are supposed to participate and supervise the payroll procedure for all employees serving their tenures in the industry.

Job requirements

Minimum of 5 years of work experience as a financial assistant or any role pertaining to the domain of finance and accounts.
A bachelors’ degree or significant certifications (CFA, FRM) in the same domain.
Proven skills in using accounting software and MS Excel.
Excellent communication and effective presentation skills.
Organisational management and leadership qualities.
Responsibility in the maintenance of company confidentiality.
Adhere to the decorum and code of conduct of the organisation.