Leontiev's paradox has the following explanations. Leontiev's paradox and its explanation. See what the "Leontiev paradox" is in other dictionaries

The following tasks are set for the financial service:

• ensuring a sufficient level of funds necessary for the operation of the enterprise;
• timely fulfillment of obligations to tax authorities, banks and other entities with which the enterprise has monetary relations;
• organization of a competent movement financial resources, contributing to the most efficient management;
• security rational use cash reserves and working capital;
• development of a strategy to increase the income received.

Functions of the financial service

The named organizational structure operates in the following areas:

• Analyzes the financial and economic condition of the enterprise, based on statistical reporting. Tracks factors that affect production efficiency in one way or another.
• Looking for ways to replenish financial resources, as well as the optimal use of own and borrowed funds. Finds new financial sources. Develops a profitable investment strategy.
• Monitors the movement of material resources, their receipt and expenditure. looking for ways effective management financial flows, allowing to carry out cash flow with the greatest benefit.
• Plans further actions, for the near and distant future. Appoints executors for the implementation of the planned, distributes responsibilities between them. Makes adjustments to plans as needed.
• Controls the implementation of decisions made. Monitors compliance with legal regulations and timely conduct of various operations.
• Interacts with counterparties, making settlements with them and distributing the profit.

The financial service maintains constant communication with other units operating in the organization. For example, the accounting department receives information about the amount of money in internal accounts, the amount of debt and the amount of planned expenses. Based on this information, the financial service evaluates the solvency of the company, draws up plans, and prepares reports for management.

The marketing department provides data related to the sale of products. The financial service analyzes costs, creates conditions for concluding more profitable deals and optimizes the profitability of production.

In the process of cooperation, the financial service has the right to demand from other structural units the most effective actions in terms of implementation financial policy enterprises.

Financial service organization

The device of the service depends on the scale of the enterprise and the financial volumes with which you have to work. With an insignificant cash turnover within the framework of small production financial management can be carried out by the head of the company. These duties are also often assigned to the accountant, if such a specialist is involved. In medium-sized organizations, this service may be represented by a dedicated team. Each employee included in it is responsible for its scope of work.

At large enterprises where there is a large-scale production, the formation of a full-fledged financial department is required. It operates under the control of the chief, who, in turn, reports directly to the head of this enterprise. The department consists of several bureaus. Each of them operates in a separate area. One bureau is responsible for planning, another for banking, and a third for different types calculations.

Well organized activities financial services creates the preconditions for successful development enterprise and strengthening its position in a competitive business environment.

Added to site:

1. General Provisions

1.1. The financial department, being an independent structural subdivision of the enterprise, is created and liquidated by order of [name of the position of the head of the enterprise].

1.2. The department reports directly to [name of the position of the head of the enterprise, commercial director].

1.3. The department is headed by a chief appointed to the position by order of [name of the position of the head of the enterprise].

1.4. The head of the finance department has [insert as appropriate] deputy(s).

The duties of the deputy(s) are determined by the head of the finance department.

1.5. Deputy(s) and heads of structural units (bureaus, sectors, etc.) in the financial department, other employees of the department are appointed to positions and dismissed from positions by order of [name of the position of the head of the enterprise] on the proposal of the head of the financial department.

1.6. In its activities, the department is guided by:

the Charter of the enterprise;

By this provision;

Legislation Russian Federation;

1.7. [Enter as required].

2. Structure

2.1. The structure and staffing of the department is approved by [name of the position of the head of the enterprise], based on the specific conditions and characteristics of the enterprise's activities, upon the proposal of the head of the financial department and in agreement with the [human resources department, department of organization and remuneration].

2.2. The financial department may include structural units (services, bureaus, groups, sectors, etc.).

For example: a bureau (sector, group) of financial and credit activities, a bureau (sector, group) of financial and investment activities, a bureau (sector, group) of accounting for fixed assets and intangible assets, a bureau (sector, group) of securities, a bureau (sector, group) of methodology and taxation, bureau (sector, group) of operating expenses, bureau (sector, group) of analysis of financial and economic activity, bureau (sector, group) of financial planning.

2.3. Regulations on subdivisions of the financial department (bureaus, sectors, groups, etc.) are approved by the head of the financial department, and the distribution of duties between the employees of the subdivisions is carried out by [heads of the bureau, sectors, groups; deputy heads of the financial department].

2.4. [Enter as required].

3. Tasks

The financial department provides the following tasks:

3.1. Organization of the financial activity of the enterprise with the aim of the most efficient use of all types of resources in the process of production and sale of products (works, services) and obtaining maximum profit.

3.2. Implementation of a unified enterprise policy in the field of finance.

3.3. Control over the use of working capital of the enterprise, loans.

3.4. Analysis of the financial and economic state of the enterprise.

3.5. Development of credit policy of the enterprise.

3.6. Development of accounting and tax policy.

3.7. Management of working capital, accounts payable and receivable, as well as costs.

3.8. Ensuring the timeliness of tax payments to the budget, settlements with creditors and suppliers.

3.9. Creation of conditions for the effective use of fixed assets, labor and financial resources of the enterprise.

3.10. [Enter as required].

4. Functions

The following functions are assigned to the financial department:

4.1. Development of the financial strategy of the enterprise and the basis for its financial stability.

4.2. Management of the movement of financial resources of the enterprise and regulation of financial relations arising between business entities in order to most effectively use all types of resources.

4.3. Drafting of long-term and current financial plans with the application of all necessary calculations.

4.4. Preparation of materials for drawing up a business plan for the enterprise.

4.5. Participation in the preparation of draft plans for the sale of products (works, services), capital investments, research and development.

4.6. Development of forecast balances and cash budgets.

4.7. Participation in planning the cost of production and profitability of production.

4.8. Development of profit expectation forecasts, calculation of income tax, preparation of profit distribution plans for the year and quarters.

4.9. Determining the need for own working capital and calculating the norms of working capital, planning measures to accelerate their turnover.

4.10. Work on finding own funds and attracting borrowed funds.

4.11. Determination and implementation of investment policy, participation in the search for additional investment and financial resources.

4.12. Interaction with credit institutions on the provision of credit resources. Preparation and submission of loan applications and quarterly cash plans to banks and credit institutions.

4.13. Organization of work on the conclusion of agreements on the provision of loans. Financial processing of received loans.

4.14. Work on the timely repayment of loans and the return of received credit funds in a timely manner.

4.15. Ensuring the implementation of credit plans, including the payment of interest on the loan.

4.16. Development of a strategy for bringing the company's securities to the stock market with the determination of the costs of using various stock instruments:

Determining the type of securities (shares, bills, bonds);

Selecting a primary securities dealer or portfolio investor and agreeing with him the terms of sale and the trading platform for primary trading;

- [fill in as needed].

4.17. Work with securities (acquisition of shares, bonds, etc.), control over the portfolio of securities.

4.18. Determining the amount of expenses for the payment of dividends on the company's shares.

4.19. Management of enterprise assets, determination of their optimal structure, preparation of proposals for the replacement and liquidation of assets.

4.20. Determination of sources of financing of capital investments. Development and approval of the capital investment plan.

4.21. Determining the procedure and conditions for financing capital or current repairs of fixed assets, drawing up proposals for attributing expenses to the cost of production.

4.22. Ensuring timely receipt of income.

4.23. Execution of financial settlement and banking operations in a timely manner, including the presentation of payment requests, orders and other settlement documents to banks, receipt of documents for the shipment of products, invoice statements.

4.24. Maintaining operational records of financial, settlement and credit operations performed by the enterprise on accounts in banks and credit institutions.

4.25. Compliance with the cash balance limit set by the servicing bank in the cash desks of the enterprise in accordance with the calculation for setting a cash balance limit for the enterprise and issuing permission to spend cash from the proceeds received by its cash desk.

4.26. Ensuring timely receipt of funds for shipped products (work performed, services rendered), as well as timely payment of invoices from suppliers and contractors for shipped material assets (work performed, services rendered) in accordance with the concluded agreements.

4.27. Organization of work on the transfer of payments and contributions for taxes and fees in federal budget, budgets of subjects of the Russian Federation, local budget.

4.28. Preparation of necessary materials for mutual offsets.

4.29. Development and implementation of measures that contribute to the timeliness of payments, the choice of forms of settlement with counterparties and ensuring compliance with the rules for conducting settlements.

4.30. Drawing up and submission to the tax authorities of the established documentation on the financial and economic activities of the enterprise.

4.31. Ensuring the timeliness and completeness of payment wages employees of the enterprise.

4.32. Ensuring financing of expenses provided for by financial plans, capital investment plans.

4.33. Participation in the development of proposals aimed at:

Ensuring solvency;

Prevention of the formation and liquidation of unused inventory items, excess stocks;

Increasing the profitability of production;

Increasing profit;

Reduction of costs for production and sale of products;

- [fill in as needed].

4.34. Implementation of measures to strengthen financial discipline at the enterprise.

4.35. Keeping records of the movement of funds and reporting on the results of financial activities in accordance with the standards of financial accounting and reporting.

4.36. Control over the correctness of the preparation and execution of reporting documentation.

4.37. Ensuring the reliability of financial information.

4.38. Bringing the indicators of financial plans and the tasks arising from it to the structural divisions of the enterprise.

4.39. Monitoring the implementation of financial plans structural divisions.

4.40. Compilation and submission to the management of the enterprise:

Information about the receipt of funds;

Reports on the progress of credit and financial plans;

Information about the financial condition of the enterprise;

- [fill in as needed].

4.41. Ensuring the implementation of financial, credit and cash plans.

4.42. Identification of possible financial risks, their assessment in relation to each source of funds.

4.43. Development of the enterprise's monetary policy.

4.44. Development of proposals to reduce financial risks and insurance programs.

4.45. Determination of the company's strategy in the field of leasing operations, the implementation of leasing financing.

4.46. Development of measures for the sale, leasing and pledge of part of the assets, liquidation or conservation of individual capacities and facilities (including unprofitable, mobilization).

4.47. Maintaining daily performance records financial plan, including accounting:

Volumes of products sold;

Profits from sales;

- [fill in as needed].

4.48. Analysis of the financial and economic activities of the enterprise quarterly and in general for the year.

4.49. Participation in determining the types of products (works, services) that are not in demand on the market, developing programs and measures to stop the production of such products.

4.50. Participation in pricing for certain types of products (works, services).

4.51. Determining the amount of funding for research, development and design and survey work in accordance with estimates and contracts agreed with the structural divisions of the enterprise.

4.52. Coordination of contracts for the performance of research and development work in terms of the reasonableness of the cost of work, as well as compliance with the terms of payment for work.

4.53. Determination of directions and volumes of financing by the enterprise social programs(children's preschool institutions, educational institutions, charity events, etc.).

4.54. Control for:

Fulfillment of financial plans and budget, product sales plans, credit and cash plans, profit plans and other financial indicators;

Termination of production of products that do not have a market;

Correct and efficient use of funds;

Target use of own and borrowed working capital for structural divisions and for the enterprise as a whole;

Compliance with cash discipline;

The correctness of the preparation, execution and approval of estimates, calculations of the payback of capital investments;

- [fill in as needed].

4.55. Participation in the determination of financial conditions in the concluded business contracts, examination of draft contracts submitted by counterparties.

4.56. Analysis of the production, economic and financial activities of the enterprise, forecasting the results of the financial and economic activities of the enterprise.

4.57. Analysis of accounting and statistical reporting.

4.58. Providing departments of the enterprise with instructive materials related to the financial activities of the enterprise.

4.59. Development of guidelines on financing operating expenses, capital investments, and other activities.

4.60. Consideration of appeals and letters of citizens and legal entities on issues within the competence of the financial department, organization of inspections, preparation of relevant proposals.

4.61. Participation in holding meetings-seminars with employees of economic, financial and accounting departments.

4.62. Ensuring the protection of information resources (own and received from other organizations) containing restricted access information.

4.63. Formation of complete and reliable information about business processes and financial results of the enterprise, necessary for operational management and management.

4.64. Timely prevention of negative phenomena in the financial and economic activities of the enterprise, identification and mobilization of on-farm reserves.

4.65. Development of measures to ensure the transparency of the financial condition of the enterprise (based on the improvement management accounting, transition to international standards accounting).

4.66. Development of draft guidance materials on financing, accounting, reporting and other financial and economic aspects related to the competence of the department, and submitting them for consideration and approval to the relevant structural divisions of the enterprise.

4.67. Participation within its competence in the consideration of issues related to the creation of new enterprises, reorganization and liquidation of structural divisions of the enterprise.

4.68. [Enter as required].

5. Rights

5.1. The financial department has the right:

Give instructions within the framework of control over the financial and economic activities of the enterprise on the preparation of financial documentation;

Require and receive from other structural divisions of the enterprise the data of the analysis of the economic activity of the enterprise, necessary for the activities of the department;

Conduct correspondence on the methodology of financial accounting and reporting, as well as on other issues that are within the competence of the department and do not require agreement with the head of the enterprise;

Do not accept for execution and execution documents on transactions that are contrary to the law, violate contractual and financial discipline without a corresponding order from the director of the enterprise and the head of the legal department;

Represent in the prescribed manner on behalf of the enterprise on issues within the competence of the department in relations with tax, financial authorities, state non-budgetary funds, banks, credit institutions, other state and municipal organizations, as well as other enterprises, organizations, institutions;

Make proposals to the management of the enterprise on bringing the employees of the enterprise to material and disciplinary responsibility based on the results of inspections;

Conduct meetings on financial and economic activities of the enterprise;

In agreement with [name of the position of the head of the enterprise]

Or his deputy commercial matters involve experts and specialists in the field of financial consulting for consultations, preparation of opinions, recommendations and proposals.

5.2. The head of the financial department approves all documents related to the financial and economic activities of the enterprise (plans, contracts, reports, estimates, certificates, etc.).

5.3. The head of the financial department has the right to sign payment, settlement, credit and other financial documents, make proposals to the personnel department and the management of the enterprise on the movement of management employees, their encouragement for successful work, as well as proposals for imposing disciplinary action on employees who violate labor discipline.

5.4. [Enter as required].

6. Relationships (service relations)

Note. This section is given as an indicative one, since over time, official relations between structural and other divisions change ("polish") and the regulations on divisions are amended and supplemented accordingly.

To perform the functions and exercise the rights provided for by this regulation, the financial department interacts:

6.1. With the department of the chief accountant on:

Receiving:

Lists of creditors and debtors;

Accounting information about the activities of the enterprise;

Balance and operational summary reports on income and expenditure of funds, on the use of the budget;

Reporting cost estimates for products (works, services);

Plans for conducting inventories of fixed assets, inventory items and cash;

Payroll calculations;

- [fill in as needed].

Provisions:

Financial, credit and cash plans;

Reports on repayment of loans, payment of interest on loans;

- [fill in as needed].

6.2. With the planning and economic department on:

Receiving:

Medium and long term plans production activities enterprises;

Copies of planned economic tasks of the enterprise divisions;

Planned technical and economic standards for material and labor costs;

Projects of wholesale and retail prices for the company's products, tariffs for works and services;

Results economic analysis all types of activities of the enterprise;

- [fill in as needed].

Provisions:

Financial and credit plans;

Reports on the implementation of financial plans;

Financial analysis results;

Methodical and instructive materials on the financial activities of the enterprise;

- [fill in as needed].

6.3. With the logistics department on:

Receiving:

Projects of long-term and current plans for the logistics of the production activities of the enterprise;

Reporting data on the movement of material and technical resources, on their balances at the end of the reporting period;

Copies of claims filed by contractors;

Draft claims against contractors in case of violation of their contractual obligations;

Reports on the implementation of logistics plans;

- [fill in as needed].

Provisions:

Agreed draft claims;

Proposals to eliminate the causes that served as the basis for filing claims and sanctions against the enterprise;

- [fill in as needed].

6.4. With the sales department for:

Receiving:

Draft contracts and agreements for the supply, sale finished products;

Forecasts and plans for the sale of products;

Data on the state of stocks of finished products and their compliance with approved standards;

Plans and schedules for the shipment of products;

Data on the balance of products in warehouses;

Proposals for taking measures to reduce excess balances of finished products and accelerate sales operations;

- [fill in as needed].

Provisions:

financial plans;

Information about invoices not paid by counterparties;

Information of banks on letters of credit issued by buyers (customers);

Notifications on the application of financial sanctions to buyers (customers) who violated their obligations to transfer funds for purchased goods;

Approved calculations of working capital norms;

- [fill in as needed].

6.5. With the marketing department for:

Receiving:

Generalized data on the demand for products manufactured by the enterprise (work performed, services rendered);

Marketing plans;

Estimated costs for demand generation and sales promotion, advertising campaigns, participation in exhibitions, fairs, exhibitions and sales;

Information about the competitive environment on pricing policy, turnover volumes, competitiveness, speed of product sales;

- [fill in as needed].

Provisions:

Agreed cost estimates for demand generation and sales promotion with financial justifications;

Analysis of costs incurred per month (quarter, year);

- [fill in as needed].

6.6. With economic department for questions:

Receiving:

Plans for current and overhauls fixed assets of the enterprise (buildings, water supply systems, etc.);

Estimated business expenses;

Office equipment, forms of documents and stationery necessary for the work of the financial department;

Material assets necessary for servicing meetings, conferences, seminars;

- [fill in as needed].

Provisions:

Agreed cost estimates;

Calculations of the payback of capital investments for the introduction of new equipment, means of mechanization;

Applications for the necessary inventory and stationery;

Reports on the use and safety of equipment and inventory;

- [fill in as needed].

6.7. With the legal department on:

Receiving:

Decisions on the claims, claims brought by the enterprise;

Generalized results of consideration of claims, court and arbitration cases;

Explanations of the current legislation and the procedure for its application;

Legal assistance in claim work;

Agreed materials on the status of receivables and payables, proposals for the enforcement of debts;

Analysis of changes and additions to financial, tax, civil legislation;

- [fill in as needed].

Provisions:

Draft financial contracts for legal expertise;

Materials for filing claims, lawsuits in courts;

Conclusions on claims and lawsuits brought against the enterprise;

Documents on the transfer of funds for the payment of the state duty to satisfy the claims and lawsuits brought against the enterprise;

Applications for clarification of the current legislation;

- [fill in as needed].

6.8. From [name of the structural unit] on the following issues:

Receiving:

- [fill in];

- [fill in as needed].

Provisions:

- [fill in];

- [fill in as needed].

7. Responsibility

7.1. Responsibility for the proper and timely performance by the department of the functions provided for by this regulation lies with the head of the financial department.

7.2. The head of the financial department is personally responsible for:

Compliance with the legislation of instructions issued by the department, and instructions on the financial activities of the enterprise, financial accounting and reporting;

Drawing up, approval and submission of reliable consolidated financial statements and compliance with the deadlines for its submission to the relevant divisions of the enterprise, the head of the enterprise, tax, financial and other authorities;

Providing the management of the enterprise with information on financial issues;

Timely, as well as high-quality execution of documents and instructions of the company's management;

Preventing the use of information by employees of the department for non-official purposes;

Compliance with the work schedule of the employees of the department.

7.3. The responsibility of employees of the financial department is established by job descriptions.

7.4. [Enter as required].

Head of structural unit

[initials, last name]

[signature]

[day month Year]

Agreed:

[official with whom the regulation is agreed]

[initials, last name]

[signature]

[day month Year]

Head of the legal department

[initials, last name]

[signature]

[day month Year]

The formation of the financial department at the enterprise is a responsible task. The functions of the financial department are constantly expanding and being formed based on the tasks, the solution of which is the responsibility of the head of the financial department.

Functions of the financial service:

• Financial controlling is one of the main tasks of the financial service, which consists in the formation of plans and control over their execution. The performance of this function is associated not only with accounting and analysis, but also with control over the execution of business processes of the enterprise.

Figure 1. Cash flow budget execution control on the example of the WA: Financier software product.

• Treasury Department. Control in cash companies, the formation of a payment calendar, control of the status of mutual settlements - all these are functions of the treasury and it is impossible to underestimate their importance.
• Organization and maintenance of accounting and tax accounting. This function does not require much explanation. The only thing I would like to focus on is the delimitation of the functions of the Chief Accountant and financial director(head of the financial department). The responsibility of the chief accountant is the maintenance of regulated and tax accounting in accordance with the requirements of the law, the timely formation of accounting and tax reporting, the reflection of the facts of the company's economic activity on accounting registers. The duties of the head of the financial department are to plan the activities of the company, its financial result, including in the context of constantly changing legislation. The function of tax planning is the direct responsibility of the financial director of the company. The subordination structure of the Chief Accountant is also a topic for a separate discussion. One side Chief Accountant belongs to the area of ​​responsibility of the financial director and must report to him, on the other hand, in accordance with the law "on accounting", the chief accountant reports directly to the General Director of the organization. The easiest way out in this situation is the dual subordination of the chief accountant.

It should be understood that in a particular company, the scheme of work of the financial department may not limit the tasks facing the financial director in the process of organizing the department.

After the responsibilities of the financial department are defined, it is possible to start forming its structure.

The work of the financial service can be organized as follows:

Figure 2. The structure of the financial service.

At the same time, the subdivisions "Contractual Department" and "IT Department" are not part of the FEO, but are strategically subordinate to the Financial Director.

The simplest thing is to allocate a separate service to implement each function.

But no one bothers to split the function into several services or, conversely, combine several functions into one service.

Having determined the structure and tasks of the financial department, it is necessary to start developing internal regulations.

Regulations for the work of the financial department

What do financial services regulations include?

Regulation of the financial department is a set of provisions, rules, instructions governing business processes owned by the financial director, and as basic ones (budgeting, accounting, fundraising, making payments; regulated accordingly by budgetary, accounting, credit policies, the procedure for making payments, preparation of financial statements), and directly related to the management of personnel of the financial service of the enterprise. The latter are often referred to as HR processes.

In the process of developing, coordinating and approving the documents regulating these processes, many issues related to the number of employees of the financial service, the requirements for their qualifications, and the wage fund are removed. When the requirements for functional duties employees on the part of the company's management, the regulatory documents approved earlier will minimize potential conflicts, change the staffing level and revise wages.

Figure 3. The approval process on the example of the software product "WA: Financier".

The set of tasks of the financial department, its regulations and structure form the basis for the formation of the final document - the Regulations on the financial service of the enterprise.

This provision is an internal regulatory document, which has the following structure:

1. Organizational and functional structure of the financial service. Typically, the organizational structure is an organizational chart with the allocation of departments and a description of their functions. For the purposes of HR planning, it is useful to display information on the number of staff positions (existing and planned) on the diagram.

2. Structural and headcount financial service. Usually this information is formed in the form of a table with the obligatory indication of the names of departments, positions, the number of active and vacant staff positions.

3. The main goals and objectives of the financial service. This section of the regulation describes the goals formulated taking into account the company's development strategy, and the tasks that need to be solved to achieve them. Tasks are defined for each department.

4. Matrix of functions. This is a table in which the functions of the financial service are located vertically, and organizational links, that is, managers and key employees of service departments, are located horizontally. At the intersection of the lines and the graph, a mark is made (who is responsible for what). The function matrix gives an idea of ​​the possible workload of departments and allows you to optimally group functions by department.

5. The order of interaction of employees of the financial service. Usually, an internal order of interaction is distinguished - between individual employees and (or) structural divisions of the company and an external one - with individuals (for example, especially large clients) or state (commercial) organizations. The order of interaction is developed taking into account organizational structure the company as a whole, the functions and tasks of its other divisions, established principles and traditions.

Figure 4. The order of interaction of employees on the example of the software product "WA: Financier".

6. Procedure for resolving conflict situations. This section details the procedure for filing an appeal or expressing disagreement along the “ CEO- financial director - head of the financial and economic department - ordinary employee. This applies to any questions and proposals (the task received, the decision being made, disproportionate compensation, encouragement or punishment), including innovative ones that may arise both for the employee and his immediate supervisor.

7. A system of indicators to evaluate the work of the financial director and the financial service. This section includes lists and descriptions of indicators, upon fulfillment of which the work of the financial director and his subordinates is recognized as successful. Indicators should be specific and measurable.

8. Final provisions. This part establishes the procedure for agreeing and approving the Regulations, its validity period, the procedure for making changes, familiarizing employees with the Regulations and the procedure for storing it.

If the head of the financial service is the financial director, then his activities are regulated by the job description of the financial director. If the planning and financial department is separated into a separate unit, then when developing the job description of the head of the financial department, it is necessary to apply the general rules for the formation of job descriptions.

Detailed job description usually includes the following items:

1. General provisions- description of the document, position, who appoints the employee to this position, etc.

2. Qualification requirements. The requirements for the level of education of a specialist in this position are formulated, and a set of skills and abilities necessary to perform job duties is described.

3. Job Responsibilities. The more detailed this section is filled out, the less questions the specialist will then have about the need to perform certain tasks. Therefore, this section should be the most complete summary of all possible tasks performed by a specialist.

4. Criteria for successful execution job duties. The section is quite difficult to fill in, since it is not always possible to formulate these criteria. It makes sense to describe only those criteria, the fulfillment of which can be controlled.

5. Rights of a specialist. The duties of the company to the specialist are described. These are timely payment of wages, organization of the workplace and technological infrastructure, compliance with sanitary standards, etc.

6. Rights and obligations of the head. This paragraph complements the previous one. It contains an explanation of the duties and powers of the immediate supervisor of the specialist.

7. Responsibility of a specialist. A paragraph that describes what the employee is directly responsible for and contains information about possible penalties for failure to perform official duties.

It should be noted that the effective operation of the financial department is impossible without a high-quality information system.

More and more organizations are choosing a solution based on the 1C platform - "WA: FINANCIST", which is a line of software products for automating financial management in medium and large businesses.

Modules "WA: FINANCIST":

• Treasury, BDDS
• Budgeting of income and expenses, BBL, etc.
• Accounting and reporting under IFRS
• Management accounting according to corporate standards
• Contract management: from approval to execution

Figure 5. Formation of ODDS by direct and indirect methods on the example of the software product "WA: Financier".

With the use of "WA: FINANCIST" financial departments of enterprises effectively solve the following tasks:

• Forecasting the financial condition of the enterprise and modeling economic indicators business, determination of planned results.
• Convenient and error-free planning / control of income, expenses and cash flows of the company.
• Optimization of the use of money, increase financial efficiency and business sustainability.
• Increasing the liquidity and profitability of the business, including by minimizing the use of borrowed funds.
• Improving the quality and validity of management decisions and the transparency of the business as a whole.
• Timeliness and reliability of financial statements in accordance with international or corporate standards.
• Full order in working with contracts: storage, approval, and comprehensive control.
• Increasing financial discipline in the company as a whole and the degree of personal responsibility of employees.
• Reducing labor costs, increasing convenience and minimizing the mistakes of financiers in their daily work.

See the following sections for details.

I. General provisions

1. The head of the financial department belongs to the category of managers.

2. A person who has a higher professional (economic or engineering-economic) education and at least 5 years of work experience in the field of organizing financial activities is appointed to the position of the head of the financial department.

3. Appointment to the position of head of the financial department and dismissal from

4. The head of the financial department must know:

4.1. Legislative and regulations regulating production and economic activities.

4.2. Regulatory and teaching materials relating to the financial activities of the enterprise.

4.3. Prospects for the development of the enterprise.

4.4. Status and prospects for the development of financial markets and sales markets for products (works, services).

4.5. Fundamentals of production technology.

4.6. Organization financial work at the enterprise.

4.7. The procedure for drawing up financial plans, forecast balances and budgets of cash, plans for the sale of products (works, services), profit plans.

4.8. system financial methods and levers that ensure the management of financial flows.

4.9. The procedure for financing from the state budget, short-term and long-term lending to an enterprise, attracting investments and borrowed funds, using own funds, issuing and acquiring securities, accruing payments to the state budget and state extra-budgetary social funds.

4.10. The procedure for the distribution of financial resources, determining the effectiveness of financial investments.

4.11. Rationing of working capital.

4.12. Procedure and forms of financial settlements.

4.13. Tax law.

4.14. Financial Accounting and Reporting Standards.

4.15. Economics, organization of production, labor and management.

4.16. Accounting.

4.17. Means of computer technology, telecommunications and communications.

4.18. Fundamentals of labor legislation.

4.19. Advanced domestic and Foreign experience improvement of the financial activity of the enterprise.

4.20. Rules and norms of labor protection.

7. The head of the financial department manages the employees of the department.

8. During the absence of the head of the financial department (business trip, vacation, illness, etc.), his duties are performed by a deputy (in the absence of such, a person appointed in the prescribed manner), who acquires the appropriate rights and is responsible for the proper execution of the tasks assigned to him responsibilities.

II. Job Responsibilities

Head of Financial Department:

1. Organizes the management of the movement of financial resources of the enterprise and the regulation of financial relations that arise between economic entities in the market, in order to most effectively use all types of resources in the process of production and sale of products (works, services) and maximize profits.

2. Ensures the development of the financial strategy of the enterprise and its financial stability.

3. Leads the development of draft long-term and current financial plans, forecast balance sheets and cash budgets.

4. Ensures the delivery of approved financial indicators to business units.

5. Participates in the preparation of draft plans for the sale of products (works, services), capital investments, research and development, planning the cost of production and profitability of production, leads the work on calculating profits and income tax.

6. Determines the sources of financing for the production and economic activities of the enterprise, including budget financing, short-term and long-term lending, issuance and purchase of securities, leasing financing, raising debt and using own funds, conducts research and analysis of financial markets, assesses possible financial risk in relation to to each source of funds and develops proposals for its reduction.

7. Carries out the investment policy and asset management of the enterprise, determines their optimal structure, prepares proposals for the replacement, liquidation of assets, monitors the portfolio of securities.

8. Conducts analysis and evaluation of the effectiveness of financial investments.

9. Organizes the development of working capital standards and measures to accelerate their turnover.

10. Provides:

10.1. Timely receipt of income, registration of financial settlement and banking operations in a timely manner.

10.2. Payment of invoices of suppliers and contractors.

10.3. Repayment of loans.

10.4. Payment of interest, wages to workers and employees.

10.5. Transfer of taxes and fees to the federal, regional and local budgets, to state extra-budgetary social funds, payments to banking institutions.

11. Analyzes the financial and economic activities of the enterprise.

12. Participates in the development of proposals aimed at ensuring solvency, preventing the formation and liquidation of unused inventory items, increasing the profitability of production, increasing profits, reducing production and sales costs, strengthening financial discipline.

13. Monitors:

13.1. Implementation of the financial plan and budget, product sales plan, profit plan and other financial indicators.

13.2. Termination of production of products that do not have a market.

13.3. Proper spending of money.

13.4. Targeted use of own and borrowed working capital.

14. Provides accounting for the movement of funds and reporting on the results of financial activities in accordance with the standards of financial accounting and reporting, the reliability of financial information.

15. Controls the correctness of the preparation and execution of reporting documentation, the timeliness of its provision to external and internal users.

16. Participates in holding conferences-seminars (studies) with employees of the main accounting department and the financial department of the enterprise.

17. Participates in the development of proposals for the social protection of employees of the enterprise.

18. Ensures the protection of information resources containing their own information of limited access and received from other organizations.

III. Rights

The head of the financial department has the right to:

1. Act on behalf of the department, represent the interests of the enterprise in relations with other structural divisions of the enterprise and other organizations on financial matters.

2. Install job responsibilities for his subordinates.

3. Submit proposals to improve the financial and economic activities of the enterprise for consideration by the management.

4. Submit for consideration by the director of the enterprise:

4.1. Representations on the appointment, transfer and dismissal of employees of the financial department.

4.2. Offers:

On the encouragement of distinguished employees;

Bringing to material and disciplinary responsibility violators of production and labor discipline.

6. Participate in the preparation of draft orders, instructions, instructions, as well as estimates, contracts and other documents related to the activities of the financial department.

7. Interact with the heads of all structural divisions on the financial and economic activities of the enterprise.

8. Give instructions to the heads of structural divisions of the enterprise on issues of proper organization and conduct of financial work.

9. Sign financial documents under the authority of the director of the organization.

10. Approval of all documents related to the financial and economic activities of the enterprise (plans, reports, etc.).

11. Independently conduct correspondence with structural subdivisions of the enterprise, as well as other organizations on issues within the competence of the department and not requiring the decision of the director of the enterprise.

12. Make proposals to the director of the enterprise on bringing to material and disciplinary responsibility officials according to the results of the checks.