Head of Finance Job Description [Updated for 2025]

In the fast-paced world of finance, the role of the Head of Finance has never been more critical.

As the economy ebbs and flows, the demand for strategic minds who can manage, expand, and protect our financial infrastructure increases.

But let’s delve deeper: What’s truly expected from a Head of Finance?

Whether you are:

• A job seeker trying to understand the core responsibilities of this role,
• A hiring manager outlining the perfect candidate,
• Or simply intrigued by the complexities of financial leadership,

You’ve come to the right place.

Today, we introduce a customizable Head of Finance job description template, designed for effortless posting on job boards or career sites.

Let’s dive right in.

Head of Finance Duties and Responsibilities

The Head of Finance is responsible for the financial health of the organization.

They conduct strategic planning of the company’s financial future, manage financial departments, and develop financial policies and procedures.

They have the following duties and responsibilities:

• Overseeing the financial strategy and budgeting process of the organization
• Manage the company’s financial planning and risk management
• Prepare, analyze and present monthly, quarterly and annual financial reports
• Develop and implement financial policies and procedures to ensure operational efficiency
• Ensure compliance with financial regulations and standards
• Collaborate with senior management to make critical business decisions
• Manage relationships with banks, investors, and auditors
• Identify opportunities for cost savings and revenue generation
• Lead and manage the finance team
• Oversee the management of company investments

 

Head of Finance Job Description Template

Job Brief

We are seeking a highly qualified and experienced Head of Finance to lead our financial operations and guide our financial decisions.

The Head of Finance will be responsible for budgeting, reporting, auditing, and financial planning, as well as advising senior management on fiscal strategy.

Our ideal candidate has a solid financial background and strong business acumen.

The ability to forecast financial trends and manage financial risk is critical to this role.

 

Responsibilities

• Develop and implement financial strategies for the company
• Prepare and present financial reports and risk analysis
• Ensure compliance with financial laws and guidelines
• Monitor financial performance by measuring and analyzing results
• Manage budgeting and forecasting efforts
• Guide financial decisions by establishing, monitoring, and enforcing internal controls
• Coordinate with external auditors and manage internal controls
• Provide leadership to the finance department team
• Engage with senior management to develop short, medium, and long-term financial plans and projections
• Oversee cash flow planning and ensure availability of funds as needed

 

Qualifications

• Proven experience in a similar role, ideally within our industry
• Strong understanding of financial law and financial risk management
• Excellent knowledge of data analysis and forecasting methods
• Ability to strategize and solve problems
• Strong leadership and organizational skills
• Excellent communication and interpersonal abilities
• An analytical mind, comfortable with numbers
• CPA or CFA certification is a plus
• BSc/BA in Accounting, Finance, or relevant field; MSc/MA or MBA is a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Head of Finance
• Work Environment: Office setting with options for remote work. Some travel may be required for meetings or financial conferences.
• Reporting Structure: Reports to the CEO or Board of Directors.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $150,000 minimum to $250,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Head of Finance Do?

The Head of Finance is a top executive who manages all financial activities within a company.

They play a critical role in both financial management and strategic decision-making.

Their primary responsibilities include overseeing the budgeting and financial forecasting processes, developing strategies to maximize ROI, and ensuring that the company’s financial reports are accurate and comply with all laws and regulations.

They often work closely with other executive leaders to identify potential areas for cost savings and revenue generation.

They may also be involved in seeking out new business opportunities and potential acquisitions.

The Head of Finance ensures that the company has the funds needed to achieve its business goals, manages investment strategies, and proposes action plans to ensure the financial sustainability of the business.

They are also responsible for managing the finance department, which may include tasks such as hiring and training staff, developing department policies and procedures, and ensuring the department operates efficiently and effectively.

In addition, they are required to present financial reports to the board of directors, stakeholders, and executive management, and provide insights about the company’s financial health and stability.

Overall, the Head of Finance’s role is crucial in steering the financial direction of the company, ensuring sound financial planning, management, and reporting, while also playing a strategic role in the company’s growth and development.

 

Head of Finance Qualifications and Skills

A successful Head of Finance should have the skills and qualifications that align with your job description, such as:

• Proven experience in financial management and accounting as a Chief Financial Officer, Finance Director or similar role.
• In-depth knowledge of corporate finance and accounting principles, laws and best practices.
• Solid knowledge of financial analysis and forecasting.
• Proficient in the use of MS Office and financial management software (e.g. SAP).
• An analytical mind with a strategic ability.
• Excellent organizational and leadership skills.
• Outstanding communication and interpersonal abilities.
• A certified public accountant (CPA) qualification is desirable but not essential.
• BSc/BA in Accounting, Finance or relevant field; MSc/MA is a plus.

 

Head of Finance Experience Requirements

Candidates for the position of Head of Finance typically require a substantial amount of experience in financial management or related fields.

This often translates to at least 10 to 15 years of professional experience in the finance industry, with a significant portion of this time spent in leadership or management roles.

Entry-level experience in roles such as Financial Analyst or Accountant is often where many finance professionals start their career.

Here, they gain fundamental knowledge and experience in financial reporting, budgeting, and financial analysis.

Upon gaining several years of experience and proving their competency in lower-level finance roles, candidates often progress to positions such as Senior Financial Analyst, Finance Manager, or Financial Controller.

These roles provide more specialized and advanced experience, including the development and management of financial strategies and oversight of financial operations.

Those with over 10 years of experience in the finance industry, particularly with a proven track record in leading finance teams, are most suited for the Head of Finance role.

Experience in strategic decision making, financial planning and analysis, risk management, and regulatory compliance are essential for this role.

Additionally, experience in working closely with senior executives or board members is crucial for the Head of Finance role, as this position often involves advising on financial strategies and making important financial decisions for the company.

In terms of education, a bachelor’s degree in finance, accounting, or a related field is generally required, while an MBA or a similar advanced degree is highly desirable.

Professional certifications such as a Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA) can also be beneficial.

 

Head of Finance Education and Training Requirements

A Head of Finance generally requires a bachelor’s degree in finance, economics, accounting, business administration, or another related field.

They should have a comprehensive understanding of financial regulations, financial planning and analysis, budget management, and financial reporting.

Some roles may require a master’s degree in business administration (MBA) or finance (MSF), particularly for positions in larger corporations.

Many organizations prefer candidates to have professional certifications such as a Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Chartered Financial Analyst (CFA).

Prior experience in financial management roles is also typically required, often with progressive responsibilities leading to a leadership position.

Continuous professional development is encouraged to stay updated with the latest industry trends, regulations, and financial management tools.

Additionally, strong leadership skills, strategic thinking, and excellent communication skills are essential for the role.

 

Head of Finance Salary Expectations

The average salary for a Head of Finance is $178,375 (USD) per year.

The actual earnings may vary depending on factors such as the size of the organization, industry, years of experience, level of education, and geographical location.

 

Head of Finance Job Description FAQs

What skills does a Head of Finance need?

The Head of Finance should possess strong analytical and strategic planning skills to monitor financial performance and direct company investments.

Proficiency in financial software and advanced knowledge of financial laws and regulations are also crucial.

They should have excellent leadership skills to manage a team of financial professionals and communication skills to present financial strategies to stakeholders.

 

Do Heads of Finance need a degree?

Yes, a Head of Finance generally requires at least a bachelor’s degree in finance, accounting, economics, or a related field.

However, many companies prefer candidates with an MBA or a related master’s degree.

In addition to this, most Heads of Finance have professional certifications such as Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA).

 

What should you look for in a Head of Finance resume?

A Head of Finance’s resume should showcase their experience in financial management and strategic planning.

Look for a solid background in managing finances, budgets, and financial reporting.

They should also have a proven track record of managing financial risks and overseeing financial systems and processes.

Certifications, advanced degrees, and expertise in finance-related software are also important.

 

What qualities make a good Head of Finance?

A good Head of Finance should have strong leadership skills to guide the finance team and make critical financial decisions for the company.

They should be highly analytical and detail-oriented to accurately interpret financial data.

Excellent communication skills are also crucial, as they must regularly present complex financial information to stakeholders in an understandable manner.

 

Is it difficult to hire a Head of Finance?

Hiring a Head of Finance can be challenging due to the high level of responsibility and expertise required for the role.

Companies often require a candidate with a strong financial background, extensive experience, and relevant certifications.

Therefore, it may take time to find a suitable candidate who meets all these requirements and fits well with the company’s culture.

 

Conclusion

And there you have it.

Today, we’ve given you an insider’s look at the pivotal role of a Head of Finance.

Surprised?

It’s not just about crunching numbers.

It’s about shaping the financial future of a company, one strategic decision at a time.

With our comprehensive Head of Finance job description template and real-world examples, you’re ready to take the next step.

But why settle for just that?

Explore further with our job description generator. It’s your secret weapon for creating razor-sharp job listings or polishing your resume to perfection.

Remember:

Every financial decision contributes to the bigger business picture.

Let’s shape that future. Together.

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