Job description
Head of the Finance Department (Finance Director)
This instruction is based on the Order of the Minister of Labor and Social Protection of the Population of the Republic of Kazakhstan dated December 30, 2020 No. 553. Registered with the Ministry of Justice of the Republic of Kazakhstan on December 31, 2020 No. 22003. On approval of the Qualification Directory of positions of managers, specialists and other employees in accordance with the requirements of the Code of the Republic of Kazakhstan dated November 23, 2015 No. 414-V SAM., and is applied as an appendix to the employment contract.
Job responsibilities:
organizes the management of the movement of financial resources of the organization and the regulation of financial relations arising between business entities in market conditions in order to make the most effective use of all types of resources in the process of production and sale of products (works, services) and maximize profits.;
ensures the development of the financial strategy of the organization and its financial stability;
manages the development of projects of long-term and current financial plans, forecast balances and cash budgets.;
ensures that approved financial indicators are communicated to the organization's divisions;
participates in the preparation of draft plans for the sale of products (works, services), capital investments, research and development, planning the cost of production and profitability of production, leads the work on calculating profit and income tax;
determines the sources of financing for the organization's production and economic activities, including short- and long-term lending, issuance and purchase of securities, borrowing and using its own funds, conducts research and analysis of financial markets, evaluates possible financial risk in relation to each source of funds and develops proposals to reduce it.;
implements the investment policy and asset management of the organization, determines their optimal structure, prepares proposals for the replacement and liquidation of assets, monitors the securities portfolio, analyzes and evaluates the effectiveness of financial investments;
organizes the development of working capital standards and measures to accelerate their turnover;
ensures timely receipt of income, timely execution of financial settlement and banking transactions, payment of bills of suppliers and contractors, repayment of loans, payment of interest, wages to workers and employees, transfer of taxes and fees and other mandatory payments to the budget, pension contributions to accumulative pension funds, payments to banks;
analyzes the financial and economic activities of the organization, participates in the development of proposals aimed at ensuring solvency, preventing the formation and elimination of unused inventory, increasing the profitability of production, increasing profits, reducing production and sales costs, strengthening financial discipline;
monitors the implementation of the financial plan, the product sales plan, the profit plan and other financial indicators, the cessation of production of products that have no sales, the proper expenditure of funds and the targeted use of own and borrowed working capital;
ensures the accounting of the movement of financial resources and the preparation of financial performance reports in accordance with financial accounting and reporting standards, the reliability of financial information, controls the correctness of the preparation and execution of accounting documentation, the timeliness of its provision to external and internal users;
manages the employees of the department.
Must know:
legislative and other regulatory legal acts regulating production, economic, financial and economic activities, methodological and other materials related to the financial activities of the organization;
prospects for the development of the organization, the state and prospects for the development of financial markets and markets for the sale of products (works, services);
fundamentals of production technology;
the organization of financial work, the procedure for drawing up financial plans, forecast balances and cash budgets, plans for the sale of products (works, services), profit plans;
a system of financial methods and levers that ensure financial flow management;
the procedure for short- and long-term lending to an organization, attracting investments and borrowed funds, using its own funds, issuing and purchasing securities, accruing tax and other mandatory payments, contributions;
the procedure for allocating financial resources, determining the effectiveness of financial investments, rationing of working capital, the procedure and forms of financial calculations, tax legislation;
fundamentals of pension legislation;
Financial accounting and reporting standards;
accounting, computer technology, telecommunications and communications;
fundamentals of economics, organization of production, labor and management;
labor legislation, internal labor regulations, occupational safety and health, industrial sanitation, fire safety requirements.
Qualification requirements:
higher (or postgraduate) education in the relevant field of personnel training and work experience in the field of financial management for at least 5 years.
I have read the instructions:
_______________/__________________________
(signature, full name, date)
"___"__________ 20___ G.
Attention!
Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.
For more information, please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085.
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