WHAT DOES A FINANCIAL DO?

Updated: Jun 13, 2025 - The Financial Professional delivers strategic financial insights by evaluating complex data sets and market indicators to guide organizational decisions. This responsibility involves developing and implementing comprehensive budgeting frameworks that align with corporate objectives and ensure fiscal responsibility. This position also enhances profitability through detailed risk analysis, cost optimization, and continuous performance monitoring.

A Review of Professional Skills and Functions for Financial

1. Financial Administrator Details and Accountabilities

  • Rent Review: Process rent reviews, including calculating rent increases
  • Budgeting: Prepare annual tenant outgoings budgets
  • Adjustment Processing: Prepare and process annual outgoings adjustments
  • Reconciliation: Tenant account reconciliation
  • Insurance Tracking: Ensure insurance certificates are current
  • Data Collection: Collect and record turnover figures
  • Lease Administration: Attend to any lease administration issues and enquiries, including those from landlords and customers
  • Lease Management: Manage lease records and cross-check documents to the property database
  • Customer Service: Provide high customer service and maintain excellent tenant relationships at all times
  • Coordination: Coordinate with the property team on matters involving new leases, new tenants, lease assignments, surrenders, options, and terminations
  • Records Management: Establish and maintain property files/database

2. Financial Aid Advisor General Responsibilities

  • Financial Coordination: Coordinate financial consultations with prospective students.
  • Financial Planning: Create financial estimates and assist students with year-round financial planning.
  • Funding Options: Provide prospective and current students with alternate funding options.
  • Resource Assistance: Assisting students by finding creative resources to help fund their education.
  • Financial Education: Educate prospective and/or current students regarding regulations, policies, procedures, and requirements for select financing options, including federal financial aid.
  • Student Support: Provide proactive, accurate, and comprehensive know-how to students while focusing on delivering a top-notch student experience.
  • Account Management: Manage various student accounts to ensure timely and accurate communication.

3. Financial Analyst Overview

  • Financial Planning: Budgeting and forecasting, cost center spend, headcount, and capital.
  • Ad Hoc Analysis: Participates in ad hoc analysis and reporting as required by finance management
  • Reporting: Provides routine reports to leadership
  • Month-End Analysis: Works with business partners to consolidate month-end analysis and provide commentary related to the financial close cycle
  • Goal Execution: Executes annual goals and objectives as defined by the Finance team
  • Month-End Activities: Completes month-end activities, including journal entry preparation, variance analysis, and reporting
  • Compliance: Complies with regulatory requirements, company policies, operating procedures, processes, and task assignments
  • Collaboration: Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors

4. Financial Consultant Role Purpose

  • Financial Solutions: Provide clients with suitable solutions to their financial services needs while maintaining a high standard of ethics.
  • Client Management: Service the needs of existing customers and effectively manage the existing book of business for additional investment customers.
  • Professionalism: Demonstrate good business practices involving punctuality, professional demeanor, and leadership.
  • Recordkeeping: Maintain neat, timely, and accurate records for regulatory and business purposes.
  • Sales Management: Set and maintain sales goals in cooperation with management.
  • Networking: Network with community centers of influence to generate mutual referrals.
  • Referral Training: Train and work cooperatively with branch staff to obtain qualified referrals.
  • Compliance Training: Train branch staff on the compliance of selling investment products.
  • Regulatory Compliance: Abide by the terms and agreements outlined by LPL Financial Corporation (the firm’s Broker-Dealer)

5. Financial Controller Accountabilities

  • Business Partnering: Act as a Finance Business Partner to GEO Leaders to support the driver of decisive decision making for NA and LATAM GEOs
  • Target Setting: Responsible for Revenue/Invoice Target setting by Sales Team/GEOs.
  • Quota Support: Support in calculating Quotas for the functional Reps
  • Budgeting: Responsible for building annual budgets, including headcount, OPEX, CAPEX, and exceptional items
  • Forecasting: Complete the expenses forecast quarterly.
  • Cost Allocation: Review monthly actuals and work with the General Ledger teams to appropriately allocate the costs
  • Performance Review: Conduct monthly reviews of actuals vs plan vs forecast with Business Partners and prepare commentary.
  • Management Reporting: Prepare monthly management reporting packs
  • Compensation Validation: Validate the accuracy of Commission/Bonus/SPIFFs Expenses for actual payouts/accruals
  • Revenue Tracking: Track actuals vs budgets vs forecasts for Revenue/Invoice and prepare commentary
  • Dashboard Contribution: Contribute towards the creation of the GCO Dashboard
  • Financial Analysis: Support the Business/Global Controller with insightful analysis

6. Financial Director Essential Functions

  • Financial Oversight: Monitoring and directing all financial activity for the company
  • Financial Reporting: Preparing monthly and annual financial statements
  • Cash Flow Management: Managing company cash flow, budgeting, and forecasting
  • Tax Planning: Overseeing all taxation planning, including VAT, PAYE, and corporation tax
  • Team Leadership: Managing, coaching, and developing a small finance team
  • Payroll Management: Running the monthly and weekly payroll
  • Investment Planning: Planning and management of investments for the company
  • Decision Support: Providing commercial decision support to the business
  • Process Improvement: Process re-engineering across the finance team to create a robust financial controls framework
  • ERP Implementation: Assisting in the success of an ongoing ERP implementation
  • Process Optimization: Ad projects to drive process improvements across the company

7. Corporate Financial Manager Roles and Details

  • Financial Reporting: Provide monthly reporting with key linkages between financials and operational metrics.
  • Budget Review: Monthly review with all budget holders to discuss performance against budget, effectively tracking risks and opportunities.
  • Forecasting: Ownership of all relevant forecasting inputs, producing consistent and accurate financial outputs driven by efficient models.
  • Cross-Team Coordination: Coordinate with other Finance Managers within the team to enable the delivery of reporting and forecasting requests determined by the Financial Planning and Performance and Group Finance teams.
  • Process Improvement: Produce departmental financial overviews and review existing processes to enable consistent and effective approaches within the team.
  • Stakeholder Engagement: Attend relevant meetings and forums to agree with the Head of UK Finance and business stakeholders.
  • Business Partnering: Gain the trust of the business and become a critical friend, providing challenge on performance and future strategy.
  • Team Management: Manage and mentor one Finance Analyst in the team.
  • System Implementation: Support the Head of Procurement in the roll out of a Purchase to Pay framework and system.

8. Financial Planning Analyst Responsibilities and Key Tasks

  • Financial Planning: Lead financial planning, budgeting, and forecasting with stakeholders.
  • Financial Modeling: Ownership of short and long-term financial models.
  • Performance Analysis: Performing business performance analysis.
  • Decision Support: Providing analysis, interpretation, and decision support to the business.
  • Financial Visibility: Ensure financial information/insight is visible and available to all stakeholders.
  • Process Automation: Implement systems and processes that enable automation and scale for high growth.
  • ERP Project Management: Finance Project Lead for an ERP selection and implementation.
  • System Integration: Lead integration of financial systems and processes for acquired businesses.
  • Process Improvement: Provide input and support for other business or process improvement opportunities as they arise.

9. Financial Planning Analyst Additional Details

  • Forecasting: Produce weekly profit and loss forecasts (weekly "Pulse")
  • Month-End Close: Complete month-end journals and reconciliations
  • Group Reporting: Complete Group reporting - Profit and Loss reconciliations ("financial walks")/KPIs (SQDCI)
  • Budgeting: Produce annual budgets and present to management
  • Audit Support: Complete year-end accounts and deal with the PWC audit team
  • Project Evaluation: Work with the Operations team to identify and evaluate project savings and capital expenditure applications
  • Working Capital Management: Work with the Distribution and Planning teams to reduce the working capital requirement
  • Margin Analysis: Review product and customer margins with local Sales and Operations teams
  • Compliance: Ensure processes are SOX compliant and meet internal audit requirements
  • Management Reporting: Present results and analysis at the monthly management meeting

10. Financial Reporting Accountant Job Description

  • Management Accounting: Prepare consolidated monthly management accounts for the Group
  • Cost Tracking: Track costs against the Budget to identify cost savings/efficiencies
  • Financial Reporting: Monthly reporting and financial analysis on Profit and Loss and Balance Sheet
  • Investor Reporting: Prepare quarterly financial reporting information for investors
  • Profit and Loss Ownership: Ownership of the parent company's Profit and Loss and Balance Sheet, and checking accuracy
  • Reconciliation: Perform reconciliations across the Profit and Loss and the Balance Sheet
  • Policy Review: Review accounting policies and check the financial statements in line with accounting standards
  • Audit Support: Support with internal and external audit requirements
  • Payment Processing: Review and set up weekly payment runs
  • VAT Compliance: Prepare and submit VAT returns
  • Stakeholder Liaison: Liaise with third parties, i.e., External auditors, banks, HMRC

11. Financial Reporting Analyst Duties and Roles

  • Financial Systems Management: Maintain financial systems and reporting as required by the bank and lines of business to support strategic decision making.
  • Performance Reporting: Produce and distribute standard financial and performance measurement reports in a timely and accurate fashion.
  • Data Validation: Provide data integrity checks, review reports for accuracy, and make appropriate recommendations for changes.
  • Reporting Accuracy: Meet delivery timelines and ensure financial information is reported completely and accurately.
  • Expense Allocation: Utilize technology to allocate specific income and expenses to the lines of business repeatedly.
  • Software Proficiency: Strive to master proficiency in the utilization and application of various software tools of the bank.
  • Process Optimization: Optimize the use of new technology and information systems updates to improve processes and system efficiencies.
  • Data Documentation: Identify data sources, construct data flow diagrams, and document the process for routine changes.
  • Decision Support: Support the bank and lines of business decision makers with financial information.
  • Project Participation: Participate in various bank projects

12. Financial Reporting Manager Job Summary

  • Financial Reporting: Manage the preparation and distribution of periodic financial statements under US GAAP and international accounting standards
  • Regulatory Compliance: Ensure reports, filings, and documentation comply with the company’s regulations, professional standards, and GAAP reporting guidelines
  • Investor Relations Support: Support investor relations with deliverables required for internal leadership, the board of directors, and investors
  • Consolidated Reporting: Responsible for monthly and quarterly consolidated reporting of the company’s financial statements
  • Calendar Management: Create and maintain a reporting calendar to inform parties of necessary deadline adherence
  • Custom Reporting: Construct, identify, develop, and implement custom reports
  • Audit Coordination: Assist in the coordination of annual audit and quarterly review activities
  • Internal Controls: Implement and maintain reporting procedures to comply with internal control requirements
  • Project Support: Assist with special projects
Relevant Information
What Does A Financial Manager Do?
What Does A Financial Advisor Do?
What Does A Financial Analyst Do?
What Does A Financial Reporting Do?