Create monthly and annual reports to identify results, trends, and financial forecastsManage cash flow by tracking transactions and regularly reviewing internal reportsSupervise and manage financial department staff, including accountants and financial assistantsMotivate and lead finance team members by clarifying roles and providing helpful feedbackSuggest updates and improvements for accounting systems, including payroll and invoicingEnsure that all financial transactions are properly recorded, filed, and reportedEstablish and implement financial reporting systems to comply with government regulations and legislationCollaborate with auditing services to ensure proper compliance with all regulationsDevelop budgets and financial plans for the company based on research and data reportsReview all financial plans and budgets regularly to look for cost reduction opportunitiesExamine all financial reports and data closely to check for discrepanciesCreate systems to prevent errors in data collection and calculations