What is a financial director?


Quick Answer

A financial director is the person in the company or agency who manages all its financial affairs. Other titles equivalent to this job role are Vice President of finance, financial manager and Chief Financial Officer.

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Full Answer

The duties of a financial director may vary according to the company, but they include tasks like preparing financial reports, ensuring compliance with tax laws, setting up and overseeing accounting procedures, managing cash flow, and balancing bank statements. The financial director must also oversee payroll, establish budget guidelines and manage the annual budget. The job usually requires a college degree in accounting or management and proficiency in accounting, word processing and spreadsheets.

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