1)Managing the budget: this includes forecasting future income and expenses, creating budgets and balance sheets, and ensuring that spending is within budget limits. 2)Preparing financial reports: financial reports provide an overview of the company's financial status and performance. They are used to make critical business decisions, assess risk, and secure financing. 3)Conducting financial transactions: a Finance Officer oversees all financial transactions, including issuing payments, collecting debts, and investing money. 4)Ensuring compliance with financial regulations and laws: Finance Officers must comply with all relevant economic rules and regulations in Australia and overseas. This includes ensuring that financial records are accurate and up-to-date. 5)Using accounting software: this is to keep an accurate record of all internal and external business financial transactions and perform financial audits wherever necessary.
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