Salary Overview
- Average Salary: The average salary for finance managers in Las Vegas is approximately $95,000 per year.
- Salary Range:
- Entry-Level: Entry-level finance managers can expect to earn between $70,000 and $80,000 annually.
- Mid-Level: Those with 3-5 years of experience typically earn between $85,000 and $110,000.
- Senior-Level: Senior finance managers or those in specialized roles can earn salaries ranging from $110,000 to $140,000 or more.
- Bonuses and Benefits: Performance bonuses typically range from 5% to 15% of the annual salary. Many positions also offer health insurance, retirement plans, and paid time off.
Job Description
1. Financial Planning and Analysis
- Prepare detailed financial forecasts and budgets to guide company decisions.
- Conduct variance analysis to compare actual performance against forecasts.
- Provide insights and recommendations based on financial data analysis.
2. Budget Management
- Develop and manage departmental budgets, ensuring alignment with corporate goals.
- Monitor spending and recommend cost-saving measures where necessary.
- Prepare budget reports for senior management review.
3. Cash Flow Management
- Oversee cash flow projections and manage working capital requirements.
- Ensure the organization maintains adequate liquidity to meet obligations.
- Develop cash flow strategies to optimize financial performance.
4. Reporting and Compliance
- Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders.
- Ensure compliance with relevant financial regulations and reporting standards.
- Collaborate with auditors during the audit process.
5. Team Leadership and Development
- Lead and mentor the finance team, fostering a culture of continuous improvement.
- Conduct performance reviews and identify training needs for team members.
- Encourage professional development through workshops and training sessions.
6. Investment Analysis
- Evaluate investment opportunities and provide recommendations to management.
- Conduct risk assessments related to potential investments.
- Monitor the performance of investments and report on outcomes.
7. Strategic Planning
- Collaborate with senior management to align financial goals with business strategy.
- Analyze market trends and economic factors to inform strategic decisions.
- Assist in the development of long-term financial strategies.
8. Cost Management and Efficiency
- Identify areas for cost reduction and operational efficiencies.
- Implement processes to streamline financial operations.
- Monitor and report on cost-saving initiatives.
9. Data Analysis and Reporting Tools
- Utilize financial software and tools to enhance reporting accuracy.
- Analyze data to provide insights and recommendations to stakeholders.
- Ensure data integrity and security across financial systems.
10. Regulatory Compliance
- Stay updated on financial regulations and ensure compliance.
- Implement internal controls to safeguard assets and ensure accuracy.
- Work closely with compliance officers to mitigate risks.
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