The Financial Officer plays a vital role in managing funds, controlling financial audits, ensuring regulatory compliance, and coordinating with banks, thereby maintaining the organization's financial stability and supporting management's decision-making.
Responsibilities :
- Adhere to and ensure compliance with regulations governing international fund transfers as stipulated by banking institutions.
- Efficiently and accurately process both domestic and international fund transfers.
- Prepare financial summaries in a structured and precise manner.
- Oversee cash flow management to maintain adequate funds for the organization’s operational expenses
- Conduct thorough verification of documents related to advance payment clearances to ensure accuracy and compliance.
- Establish and maintain a systematic filing system for key financial documents, such as receipts and invoices, to facilitate efficient record retrieval.
- Liaise with domestic and international banking institutions to optimize financial transaction processes and ensure seamless operations.