Responsibilities
Financial analysis

Analyzing financial data to identify trends, opportunities for cost savings, potential areas of risk and to provide guidance on planned initiatives.

Auditing

Conducting internal audits to ensure the accuracy and completeness of financial records and to identify areas for improvement.

Budgeting and forecasting

Developing and maintaining budgets and financial projections to help a company plan for future growth and financial stability.

Compliance

Staying up to date on financial regulations and laws, and ensuring that the company is in compliance with all relevant regulations.

Key Performance Indicators
Accuracy of financial statements

Measure the percentage of financial statements that are free of errors. Threshold: >98%

Budget vs. actual variance

Measure the difference between actual and budgeted expenses, and the threshold could be set at no more than 5% variance.

Tax compliance

Measure the percentage of tax returns that are filed on time and without errors, and the threshold could be set at 100% compliance.

Internal controls

Measure the effectiveness of internal controls in preventing fraud and errors, and the threshold could be set at no material weaknesses.