- Process cash receipts and collections accurately and in a timely manner.
- Monitor and follow up on outstanding invoices to ensure timely payment.
- Calculate and monitor financial covenants as required by lenders or stakeholders.
- Ensure compliance with covenant requirements and report any deviations.
- Monitor cash flow and forecast cash needs.
- Optimize cash management to ensure sufficient liquidity for operations.
- Conduct daily audits of bank transactions to identify any irregularities or discrepancies.
- Take corrective actions as necessary and report findings to management.
- Prepare ad-hoc financial reports for customers as requested.
- Provide clear and accurate information to support customer inquiries or requests.
- Coordinate AP disbursements including invoice processing, payment approvals, and vendor communication.
- Ensure accuracy and completeness of AP transactions.
- Perform monthly bank reconciliations to ensure accuracy of financial records.
- Investigate and resolve any discrepancies in a timely manner.
- Prepare monthly financial statements including balance sheets, income statements, and cash flow statements.
- Provide financial analysis and commentary on variances and trends.
- Bachelor's degree in accounting, Finance, or related field.
- 3+ years of experience in financial operations, preferably in a manufacturing or steel service center environment.
- Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel.
- Strong understanding of financial principles and practices.
- Excellent analytical and problem-solving skills.
- Ability to work independently and as part of a team.
- Strong communication and interpersonal skills.
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Financial Operations Specialist - Taylor, United States - The Phillip Charles Group
4 weeks ago
Description
DIRECT HIRE OPPORTUNITY FOR A FINANCIAL OPERATIONS SPECIALIST
The Phillip Charles Group has been servicing the local metro Detroit area for the past 30 years and has built incredibly strong partnerships with our clients, candidates, and employees. We have worked with our current client for years and they are looking for a Financial Operations Specialist for a Direct Hire opportunity based out of their Downriver, Mi. location.
Financial Operations Specialist Responsibilities:
Day shift –Monday – Friday 8am-5pm
Base Pay: $60,000 to 100,000 based on experience
Financial Operations Specialist Requirements:
Interested and qualified candidates for the opening should submit their resume for immediate consideration. Resumes will be reviewed as quickly as possible and qualified applicants will be contacted to set up an interview.