Business Finance Job Description

October 13, 20110 Comments

Business Finance Job Profile and Description

A business finance specialist plays a very pivotal role in the firm’s investment decisions. A specialist supposed to advise the firm on management of budget so that the resources could be utilized efficiently. Besides all this, he or she also has to work on the financial statements of the company. Business Finance provides funds to different firms to complete their business ventures and projects.

Duties and Responsibilities

The duties and responsibilities which have to be fulfilled by a business finance specialist are as follows:

  • The prime duty is to advise the firm on various investment decisions.
  • He or she has the duty to provide help to the firm to prepare complete financial statements.
  • He or she has to oversee and review the financial reporting mechanisms and to check as well as prevent errors in the financial statement of the company.
  • He or she has to ensure that the statements and records are abide with the policies, guidelines and generally accepted accounting principles.
  • It will be also needed to advise the firms on the matter of managing the budget of the company.
  • He or she has the duty to access accessing business performance of the company.
  • It will be the duty to file the tax returns of the company.
  • He or she has to evaluate the operating information or data of the organization.

Skills and Specifications

The skills and specifications required to the job in a candidate are as follows:

  • The candidate should necessarily have observation skills so as to identify the needs accurately.
  • He or she should have required knowledge of principles (GAAP), regulatory policies and industry guidelines.
  • The person needs to have complete knowledge about various market indicators and the trends as well as opportunities.
  • The person should be able to make good decisions that can help in improving firm’s business performance.
  • The other skills required in a candidate are good statistical, mathematical and financial statement analysis skill.

Education and Qualifications

  • The candidate needs to have a Master’s or Bachelor’s degree in finance, auditing, tax, accounting or investment management from an accredited institution.
  • It will be added as a distinct advantage for the candidate having some past working Experience in capital market transactions and financial securities related activities.

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