According to people in this career, the main tasks are...
| Task | Importance |
|---|---|
| Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations. | 90% |
| Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments. | 89% |
| Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns. | 89% |
| Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities. | 88% |
| Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met. | 88% |
| Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties. | 86% |
| Receive, record, and authorize requests for disbursements in accordance with company policies and procedures. | 86% |
| Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting. | 85% |
| Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization. | 84% |
| Receive cash and checks and make deposits. | 84% |
| Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies. | 82% |
| Perform tax planning work. | 82% |
| Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals. | 81% |
| Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed. | 81% |
| Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes. | 81% |
| Advise management on short-term and long-term financial objectives, policies, and actions. | 80% |
| Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards. | 80% |
| Compute, withhold, and account for all payroll deductions. | 80% |
| Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources. | 78% |
| Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation. | 75% |
| Lead staff training and development in budgeting and financial management areas. | 74% |
| Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items. | 60% |
