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Message: PATRIOT SCIENTIFIC CORPORATION CFO JOB DESCRIPTION

PATRIOT SCIENTIFIC CORPORATION CFO JOB DESCRIPTION

posted on Sep 19, 2007 02:36PM
PRIMARY RESPONSIBILITIES
1.
Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include budgeting, tax planning, real estate, and conservation of assets.
2.
Approve and coordinate changes and improvements in automated financial and management information systems for the company.
3.
Oversee and full responsibility for SEC compliance and timely filings of quarterly 10 Q's, annual 10K's and all other related SEC required filings.
4.
Establish a close working relationship with CEO as a right hand person and work closely and effectively with the Patriot Board members and committee groups, in particular the Audit Committee. Retention of outside resources, ie consultants in connection with financial reporting must be approved by the Audit Committee.
5.
Ensure compliance with local, state, and federal budgetary reporting requirements.
6.
Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
7.
Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
8.
Develop and implement finance, accounting, billing, and auditing procedures.
9.
Establish and maintain appropriate internal control safeguards.
 
10.
Interact with CEO and Controller to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
 
11.
Ensure records systems are maintained in accordance with generally accepted auditing standards and GAAP reporting.
 
12.
Work closely with CEO to develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
 
13.
Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak areas.
 
14.
Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
 
15.
Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
 
16.
Other duties as assigned.
ADDIT IONAL RESPONSIBILITIES

1.
Represent the company externally to media, government agencies, funding agencies, and the general public.
2.
Recruit, train, supervise, and evaluate department staff.

 

KNOWLEDGE AND SKILL REQUIREMENTS
1.
Strong background in SEC and Sarbanes compliance and filings. Experience in strategic planning and execution. Knowledge of contracting, negotiating, and change management. Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles. Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements, and projections.
2.
Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group meetings.
3.
This is normally acquired through a combination of the completion of a Masters Degree in Finance or Accounting, and no less than ten years of experience in a senior-level finance or accounting position, and a CPA.
4.
Work requires willingness to work a flexible schedule.
Acknowledged Receipt by:

/s/ Clifford Flowers
9-17-07
Clifford Flowers
Date

 

 

 

Be well

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