Folks,
Please help me with your peer reviews - Does my R&R matches with the NOC 0111?
NOC 0111 (Financial Manager) - R&R
Main duties
- Financial managers perform some or all of the following duties:
Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department
Develop and implement the financial policies, systems and procedures of an establishment
Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports
Co-ordinate the financial planning and budget process, and analyze and correct estimates
Supervise the development and implementation of financial simulation models
Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department or regional managers
Recruit, organize, train and manage staff
Act as liaison between the organization and its shareholders, the investing public and external financial analysts
Establish profitability standards for investment activities and handle mergers and/or acquisitions
Notify and report to senior management concerning any trends that are critical to the organization's financial performance.
My R&R is as follows -
1. Employment 1
o Plan, organise, direct, control and evaluate the operations of the accounting function.
o Management of accounting activities including general ledger, preparation and account reconciliation along with year-end audit preparation.
o Accounting processes including periodic – monthly, quarterly and yearly closure of accounts, management of cash and bank transactions.
o Notify and report to the senior management on trends and addressing queries related to the company’s accounting and financial records.
o Evaluate accounting procedure and reporting systems, identify process improvement & automation opportunities, make recommendations for changes to procedures, operating systems, and other financial control functions to senior managers and other departments, and implement the changes, once approved.
o Perform quality control measures over all data, reconciliations, journal entries and reports to ensure accuracy and completeness.
o Team management including recruitment, goal setting, merit assessment, performance appraisal, trainings, etc.
Employment 2
o Development and implementation of financial policies, systems and procedures.
o Accounting processes including periodic and yearly closure of accounts, management of cash and bank transactions for expenses and purchases, fixed assets management, PO Management, preparation of periodical accounts, statutory & internal audit.
o Financial planning including budgeting, forecasting, trend and variance analysis.
o Management reporting including board meeting presentations, continuous monitoring of operations and identifying areas for system improvement.
o Contracts management, vendor payment, cash and receivables Management and investment management.
o Team management including recruitment, goal setting, merit assessment, performance appraisal, trainings, etc.
o Regulatory liaison and representations including direct & in-direct taxation issues.
o Corporate social responsibility initiatives.
Employment 3 (On deputation from employer of # 2)
o Prepare and co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports.
o Periodic and yearly closure of accounts, and supporting statutory and internal audit.
o Financial planning including budgeting, forecasting, trend and variance analysis.
o Contracts management and scrutinizing vendor payments.
o Support foreign remittances and resolve direct-tax issues locally and through corporate Headquarter.
)...I do not use this forum that often...more of silent reader...now I started doing it as I really get pissed off people saying 60-70% Duties thing! (Yes that works, but not for NOC Codes like Chemist, Biochemists or Biologists or even for Consultants Codes
