What does a Finance Administrator do?

The Finance Administrator is responsible for managing financial transactions, maintaining accurate records, and assisting with financial reporting. This position reports directly to the Finance Manager and collaborates with various departments to ensure compliance with financial policies and procedures. The Finance Administrator plays a crucial role in supporting the finance team and contributing to the overall financial health of the company.

Responsibilities of Finance Administrator

• Managing and maintaining financial records, including accounts payable and accounts receivable.
• Preparing and processing invoices, expense reports, and purchase orders.
• Reconciling bank statements and ensuring accuracy of financial transactions.
• Assisting in the preparation of financial reports, budgets, and forecasts.
• Monitoring and analyzing financial data to identify trends and potential areas for improvement.
• Coordinating with internal departments to ensure timely and accurate financial information.
• Assisting in the preparation of tax returns and ensuring compliance with relevant regulations.
• Managing payroll processes, including calculating and processing employee salaries and benefits.
• Conducting financial analysis and providing recommendations to management for cost-saving measures.
• Assisting in the implementation and maintenance of financial systems and software.