PROJECT WINGS SUMATERA JOB VACANCIES 2023
- Job Title: Finance Manager
- Location: Langkat, North Sumatra
- Deadline: 31 October 2023
Job Description
Finance Manager Functions
Generally, a finance manager carries out several financial management functions such as planning, searching and optimizing the use of funds for the continuity of the institution’s operations. For more details, here is a brief explanation of the functions of a finance manager.
- Planning: This finance manager function includes everything related to cash flow planning to the Institute’s profit and loss.
- Budgeting: Budgeting is a financial manager function related to allocating budgets efficiently for the Institute’s operational activities.
- Controlling: Controlling or financial control is a function that includes evaluation activities regarding the institution’s finances and financial systems.
- Auditing: This function is related to checking the internal use of the Institute’s finances. So, if any irregularities occur, the management can find out as soon as possible.
- Reporting: The last function of the financial manager is to provide a report on the Institute’s financial information as well as an analysis of its financial ratios.
Duties of a Finance Manager
As the person who leads the financial management function, a finance manager generally has several related tasks, including the following:
- Developing Institutions Financial Planning: A finance manager is generally tasked with planning and developing a financial system in the institution. The plan is made according to the needs and activities of the institution in one period.
- Operating the Financial Needs of the Institution: The next task of a finance manager is to run the financial needs of the institution so that they can be used efficiently. For example, such as ensuring the use of the money provided in accordance with the plan. If there is a request for an additional budget, the finance manager is tasked with carefully reviewing it before making a decision.
- Working with Other Division Managers: To know the needs of each division, coordination between managers is required. This is why a finance manager must also work with other divisions to find out the needs of each division.
- Assist Decision Making Related to Investment: Since institutions often make investments to generate income, the next task of a finance manager is to help assess whether an investment program should be made or not.
- Creating Budget Requirements for Proposals to Donor Institutions or Parties that will cooperate.
- Furthermore, another task of the financial manager is to make Budget Calculations for all Proposals submitted by Yaysan Sayap Proyek Indonesia to Donor Institutions or other parties who will collaborate.
Responsibilities of a Finance Manager
In addition to some of the tasks above, there are responsibilities that a finance manager assumes. Some of them are:
- Managing the Accounting Function of the Institution: In an institution, a finance manager is responsible for managing the accounting function to produce accurate financial reports.
- Coordinating the Controlling of Institutional Funds: As mentioned earlier, a finance manager has full responsibility in controlling the use of institutional funds. This is why they are also in charge of coordinating with each division in order to know the budget needs of each division.
- Planning and Developing the Institute’s Financial System: A finance manager can help develop the institution’s financial system by determining the right financial strategy as needed.
- Controlling the Work Efficiency of the Institution: The next responsibility for a finance manager is to ensure that the institution’s performance runs efficiently with a budget that does not swell.
- Managing the Institution’s Taxes: Because this division manages all matters in the financial field, maintaining the management of institutional taxes, employee taxes is also one of their responsibilities.
- Managing Cash Flow, Payables and Receivables: Some of the last responsibilities are managing cash flow so as not to experience losses, ensuring the flow of debt does not swell and maintaining the institution’s finances so as not to be owed excessively.
Job Requirements
To become a finance manager, there are generally several qualifications required by the Institution. Some of them are:
- Bachelor’s Degree in Finance: In order to carry out their duties optimally, finance managers are usually required to have a background that is linear with their position, which is at least S1 in finance. It is expected that from the level of education that has been taken, they have sufficiently broad financial knowledge and are able to solve financial problems more critically.
- Minimum 2 Years of Experience in Finance: It is undeniable that experience is one of the factors that determine a person’s expertise and professionalism in the field. This is why usually to become a finance manager, a minimum of 2 years of experience in the field is required.
- Aged between 30-55 Years: The average age of finance managers in Indonesia is between 30-40 years old. The reason why the Institution lists age as one of the qualifications of a finance manager is to filter out candidates with enough experience and good emotional intelligence. (min 30)
- Can Lead a Team: As the name suggests, a manager usually has the responsibility of organizing several people under him to carry out certain tasks according to his field.
How to Apply
If you are interested in joining our team, please send your CV and Cover letter to career@yaspi.net
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