Department - Finance

Identifying and mitigating financial risks such as late customer payments, currency fluctuations, or unexpected operational costs. 2. Key Roles in the Department

Maintaining the general ledger, recording every transaction accurately, and preparing standard financial statements (Income Statement, Balance Sheet, Cash Flow). finance department

Building budgets, creating forecasts for future earnings/spending, and performing "variance analysis" to fix issues when actual numbers differ from plans. Identifying and mitigating financial risks such as late

Ensuring the company follows tax laws and reporting standards (like GAAP or IFRS) while establishing procedures to prevent fraud or errors. recording every transaction accurately