Salary Overview
- Average Salary: The average salary for finance managers in Charlotte is approximately $100,000 per year.
- Salary Range:
- Entry-Level Finance Managers: Generally earn between $70,000 and $85,000.
- Mid-Level Finance Managers: Typically earn between $85,000 and $120,000.
- Senior Finance Managers: Can command salaries of $120,000 to $150,000 or more, depending on their level of experience and the size of the organization.
- Bonuses and Benefits: Many finance manager positions include bonuses ranging from 10% to 20% of the annual salary, in addition to benefits packages that may include health insurance, retirement plans, and paid time off.
Job Description
1. Financial Planning and Analysis
- Develop and maintain financial models to support business planning.
- Analyze financial performance and provide insights for decision-making.
- Collaborate with other departments to align financial goals with business strategies.
2. Budget Management
- Prepare and oversee the annual budgeting process.
- Monitor budget performance and analyze variances.
- Work with department heads to ensure adherence to budget guidelines.
3. Cash Flow Management
- Monitor and forecast cash flow to ensure financial stability.
- Develop strategies to optimize cash flow and working capital.
- Analyze cash flow trends and report findings to senior management.
4. Financial Reporting
- Prepare and present accurate financial reports to management and stakeholders.
- Ensure compliance with accounting standards and regulatory requirements.
- Analyze financial statements and identify trends and issues.
5. Team Leadership
- Supervise finance team members and ensure professional development.
- Conduct performance evaluations and provide constructive feedback.
- Foster a collaborative work environment to enhance team performance.
6. Risk Management
- Identify financial risks and develop mitigation strategies.
- Monitor compliance with internal controls and regulatory requirements.
- Conduct financial audits and ensure accurate reporting.
7. Investment Analysis
- Evaluate investment opportunities and assess financial viability.
- Prepare investment proposals and presentations for stakeholders.
- Monitor investment performance and report findings.
8. Internal Controls and Compliance
- Establish and maintain effective internal control systems.
- Ensure compliance with applicable laws and regulations.
- Conduct regular reviews to ensure adherence to policies and procedures.
9. Stakeholder Communication
- Communicate financial performance and forecasts to stakeholders.
- Prepare presentations for management meetings and board discussions.
- Collaborate with cross-functional teams to support financial initiatives.
10. Continuous Improvement
- Stay updated on industry trends and best practices in financial management.
- Implement process improvements to enhance efficiency and effectiveness.
- Participate in professional development opportunities.
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