Finance Controller Goals and Objectives Examples
Maintain accurate financial records.
Ensure compliance with accounting standards and regulations.
Monitor cash flows and prepare cash flow forecasts.
Develop and implement financial policies and procedures.
Analyze financial data and create reports for management.
Set budgets and monitor actual performance against budget.
Assess and manage financial risk.
Provide guidance to the finance team.
Collaborate with other departments to achieve business objectives.
Manage the monthly close process.
Prepare financial statements, including income statements, balance sheets, and cash flow statements.
Review and approve journal entries.
Coordinate with auditors during the annual audit.
Manage relationships with banks and other financial institutions.
Oversee accounts payable and accounts receivable processes.
Ensure timely payment of invoices.
Implement cost-cutting measures where appropriate.
Conduct periodic financial reviews with department heads.
Create financial forecasts based on business trends and data analysis.
Monitor financial performance against industry benchmarks.
Manage tax compliance.
Develop and maintain strong relationships with stakeholders.
Prepare ad hoc financial reports as needed.
Evaluate financial systems and make recommendations for improvement.
Participate in company-wide strategic planning sessions.
Provide regular updates to senior management on financial performance.
Develop and maintain financial models to support business decisions.
Negotiate contracts with vendors and suppliers.
Ensure that all financial transactions are properly documented and recorded.
Oversee the preparation of payroll.
Ensure compliance with payroll regulations and laws.
Review employee expense reports for accuracy.
Work with HR to ensure that benefits are correctly administered.
Manage the procurement process for goods and services.
Evaluate capital expenditures to ensure they are in line with business strategy.
Monitor inventory levels to ensure optimal levels are maintained.
Implement controls to prevent fraud and error.
Ensure that all financial reporting is accurate and timely.
Identify trends in financial data and take appropriate action.
Keep abreast of changes in accounting standards and regulations.
Develop and maintain strong relationships with external stakeholders.
Ensure that all financial information is secure and confidential.
Provide coaching and mentoring to finance staff.
Develop and manage the department budget.
Participate in business strategy sessions with the executive team.
Manage vendor contracts to ensure they are cost-effective.
Monitor credit risk and take appropriate action when necessary.
Oversee the development of financial forecasts.
Prepare presentations for senior management on financial performance.
Ensure that all internal controls are properly documented and tested.
Develop and implement a risk management program.
Review and negotiate insurance policies.
Conduct financial due diligence for potential acquisitions.
Ensure that all tax returns are filed on time and accurately.
Implement an effective compliance program.
Manage foreign currency exposure.
Oversee the implementation of new financial systems.
Participate in cross-functional teams to identify process improvements.
Coordinate with legal counsel on financial issues.
Create and maintain financial dashboards for senior management.
Develop and implement a cost allocation methodology.
Review and approve credit applications.
Manage inter-company transactions.
Monitor key performance indicators and take corrective action when necessary.
Develop and maintain financial goals for the company.
Participate in investor relations activities.
Oversee the preparation of annual budgets and strategic plans.
Develop and implement a cash management system.
Manage working capital levels to maximize cash flow.
Evaluate potential investments and make recommendations to senior management.
Oversee the preparation of monthly, quarterly, and annual financial reports.
Ensure that all financial reporting is in compliance with GAAP.
Develop and implement a performance management program for the finance team.
Establish and maintain relationships with external auditors.
Oversee the preparation of annual tax returns.
Ensure that all financial processes are efficient and effective.
Develop and implement a cost management program.
Evaluate and monitor the performance of financial systems.
Manage foreign exchange risk.
Ensure that all financial transactions are properly authorized.