Financial Planning and Analysis (FP&A)
FP&A professionals are responsible for budgeting, forecasting, and analyzing financial performance. They provide insights into the company's financial health, assess risks, and support strategic decision-making.
Accounting and Bookkeeping
The accounting department is tasked with recording financial transactions, maintaining ledgers, and preparing financial statements. This includes managing accounts payable, accounts receivable, and ensuring compliance with accounting principles.
Budgeting and Forecasting
The financial sector is responsible for creating and managing budgets. This involves setting financial goals, allocating resources, and comparing actual performance against budgeted figures. Forecasting helps predict future financial outcomes.
Tax Planning and Compliance
The financial sector manages the company's tax obligations, including planning to optimize tax positions and ensuring compliance with tax laws. This involves preparing and filing accurate tax returns.
