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Finance Specialist
Posted 21 days agoViewed
🔍 Industry: Finance
🏢 Company: More Staffing LLC
Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field (CPA or MBA preferred).
- Proven experience as a Finance Specialist, Accountant, or in a similar role.
- Strong knowledge of accounting principles, financial reporting, and tax regulations.
- Proficiency with accounting software (e.g., QuickBooks, Xero, or SAP) and Microsoft Excel.
- Experience with cash flow modeling and inventory management.
- Excellent attention to detail and organizational skills.
- Strong communication and interpersonal skills with the ability to collaborate effectively across teams.
- Analytical thinking with the ability to interpret financial data and provide actionable insights.
Responsibilities:
- Maintain accurate financial records and ensure all transactions are properly recorded and classified using appropriate accounting software.
- Reconcile accounts and prepare monthly, quarterly, and annual financial statements and reports.
- Manage accounts payable and receivable processes to ensure timely and accurate transactions.
- Monitor and manage the general ledger, including journal entries, bank reconciliations, and internal controls.
- Develop and maintain cash flow models to forecast liquidity needs.
- Track daily cash balances and provide recommendations to optimize cash management.
- Prepare regular cash flow projections and reports for senior management.
- Analyze cash flow trends and address any potential issues to ensure financial stability.
- Collaborate with other teams to ensure sufficient cash reserves are available for operations.
- Oversee inventory management to maintain appropriate stock levels while minimizing excess or obsolete inventory.
- Work with supply chain and operations teams to forecast future inventory requirements.
- Create and monitor inventory forecasting models, identifying trends and optimizing stock levels.
- Analyze inventory turnover and develop strategies to improve efficiency.
- Collaborate with the procurement team to ensure inventory purchasing aligns with demand and cash flow projections.
- Manage expenses within the supply chain, ensuring cost-effective inventory purchasing, logistics, and distribution strategies.
- Monitor and analyze advertising expenses, ensuring they align with financial projections and support sales targets.
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