Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactionsOversee financial department employees, including financial assistants and accountants Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessaryTrack the company's financial status and performance to identify areas for potential improvementSeek out methods for minimizing financial risk to the companyResearch and analyze financial reports and market trendsProvide insightful information and expectations to senior executives to aid in long-term and short-term decision makingReview financial data and prepare monthly and annual reportsPresent financial reports to board members, stakeholders, executives, and clients in formal meetingsStay up to date with technological advances and accounting software to be used for financial purposesEstablish and maintain financial policies and procedures for the companyUnderstand and adhere to financial regulations and legislation.Plan and schedule audit programs to ensure the completion of audits on time, review and finalize the completion of audits and coordinate with clients about auditing Analyze financial data, records, reports and statements and initiate internal audit controls for effective financial management and system controls.Work with risk management team and audit team to develop risk model for risk assessment and mitigation activities. Assist in determining budget, timelines and resources for audit projects and assist in employee hiring, performance evaluation and promotion, retention and termination activities. Communicate audit coverage and status to executive management. Review audit findings and recommendations with the team. Work with management to develop action plans based on audit results to address the control gaps. Handle several audit projects and lead audit teams according to professional standards. Oversee daily activities of audit team to ensure deliverables within allotted budget and timelines. Maintain high level of professionalism and competence in assigned duties. Develop continuous improvement initiatives to improve audit efficiency and effectiveness.