Financial Administrator Job Description

Financial Administrator Job Description

September 22nd, 2020

Financial administrators manage financial and accounting processes at businesses, companies, and organizations. They perform financial planning, oversee financial activities, and prepare financial reports.

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Financial Administrator Job Description Template

We are looking for a detail-oriented financial administrator to optimize our financial management procedures. You will be contributing to financial planning, preparing financial reports, and implementing best practices in financial administration.

To ensure success as a financial administrator, you should possess extensive knowledge of accounting principles and experience in a similar role. A top-notch financial administrator will be someone whose expertise translates into optimized financial processes and compliance with industry regulations.

Financial Administrator Responsibilities:

  • Gathering, analyzing, and interpreting relevant financial data.
  • Evaluating and optimizing financial controls and procedures.
  • Updating daily transaction records and assisting with payroll administration.
  • Managing accounts receivable and payable, as well as expenses.
  • Keeping records of invoices and tax payments, as well as reviewing and processing reimbursements.
  • Preparing income statements, balance sheets, and budgets.
  • Identifying financial liabilities and performing risk analysis on liquidity and cash flow.
  • Resolving account discrepancies and performing account reconciliations.
  • Preparing financial reports, including projected returns on investment and growth rates.
  • Keeping abreast of regulatory requirements and best practices in financial administration.

Financial Administrator Requirements:

  • Bachelor's degree in accounting, finance, or a similar field.
  • A minimum of two years' experience as a financial administrator, or similar.
  • Advanced proficiency in accounting software, such as Zoho Books and FreshBooks.
  • In-depth knowledge of financial controls and accounting standards.
  • Extensive experience in financial reporting.
  • Exceptional attention to detail.
  • Superb organizational and time management abilities.
  • Great collaboration and communication skills.

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