Financial Administrator

2 weeks ago


North York, Canada Shift Sourcing Group Full time

As the Financial Administration of Shift Sourcing Group Inc. You will be in control of an organization's financial resources and operations. It involves various activities related to planning, organizing, directing, and controlling the financial activities of an organization to achieve its financial goals and objectives.

Here are some key components of financial administration:
Financial Planning: This involves setting financial goals and objectives for the organization and developing strategies to achieve them. It includes budgeting, forecasting, and financial analysis to determine the financial needs and resources required.

Budgeting: Budgeting is the process of creating a detailed financial plan for a specific period, usually a year. It involves estimating income, projecting expenses, and allocating funds to different departments or activities within the organization. Budgeting helps in monitoring and controlling spending and ensures that financial resources are used effectively.

Financial Reporting: Financial reporting involves preparing and presenting financial statements that provide an overview of the organization's financial performance and position. This includes income statements, balance sheets, cash flow statements, and other financial reports. Financial reporting helps stakeholders, such as investors, creditors, and regulators, assess the financial health of the organization.

Financial Control: Financial control involves establishing systems and procedures to monitor and regulate financial activities within the organization. It includes internal controls, such as segregation of duties, approval processes, and regular audits, to prevent fraud, errors, and misuse of funds. Financial control ensures compliance with laws, regulations, and internal policies.

Cash Flow Management: Cash flow management focuses on managing the inflow and outflow of cash within the organization. It involves monitoring and projecting cash flows to ensure that there is enough liquidity to meet financial obligations and fund ongoing operations. Effective cash flow management helps in avoiding cash shortages, managing working capital, and making informed investment and financing decisions.

Risk Management: Financial administration includes identifying, assessing, and managing financial risks that could impact the organization's financial stability. This involves evaluating and mitigating risks related to market fluctuations, credit, liquidity, and operational issues. Risk management aims to protect the organization's financial assets and optimize risk-return trade-offs.

Financial Decision Making: Financial administration plays a crucial role in decision making by providing financial analysis and insights. It involves evaluating investment opportunities, assessing the financial feasibility of projects, analyzing cost-effectiveness, and determining the financial impact of strategic decisions. Financial decision making helps in allocating resources efficiently and maximizing shareholder value.

Overall, financial administration is essential for maintaining the financial health and sustainability of an organization. It ensures effective management of financial resources, supports strategic decision making, and facilitates transparent reporting to stakeholders.

**Salary**: $42,812.37-$55,000.00 per year

**Benefits**:

- Dental care
- Extended health care
- On-site gym
- On-site parking

Flexible Language Requirement:

- French not required

Schedule:

- 8 hour shift
- Monday to Friday
- No weekends

Application question(s):

- Can you tell us about any skills or experience you have that might be helpful in this job?

Work Location: In person

Application deadline: 2023-06-28
Expected start date: 2023-07-03



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