Financial Operations definition

Financial Operations. Lead, manage and direct all financial affairs of the company today and in the future; this includes financial planning, forecasting and budgeting, audit, regulatory filings and compliance, finance operations including billing systems, accounts payable, accounts receivable, SOX compliance and timely close of financial reporting each month. Also ensure the integrity and compliance of all financial and regulatory reporting, controls, systems, policies and procedures. • Team leadership: Provide leadership, mentorship and coaching to the finance organization. Establish an environment of problem solving and improved business practices, attract and retains superior financial talent.
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Financial Operations means budgeted receipts and expenditures for a current or ensuing fiscal year.
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Financial Operations means the financial operations and requirements attached to his Agreement as Schedule E- 1 (Financial Operations);
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Examples of Financial Operations in a sentence

  • These procedures can be found in Chapter XI Section 17 of the Guide to Financial Operations (GFO).

  • When CONTRACTOR wishes to dispose of a fixed asset in which OHCS has a security or insurance interest or when CONTRACTOR or a subcontractor wishes to dispose of a fixed asset having an original cost of more than $5,000, CONTRACTOR will submit a letter requesting OHCS’ consent to do so addressed to the Financial Operations Manager with a copy to the appropriate Program Coordinator.

  • The Bid Bond form must be executed by a surety named in the current list of “Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies,” as published in Circular 570 (as amended) by the Audit Staff, Bureau of Government Financial Operations, U.S. Treasury Department, and the amount of the bond shall not exceed the underwriting risk of such surety as set forth in said circular or revision thereof.

  • Requests to do so must be received by the Director of Financial Operations prior to the time and date set for the bid opening.Bid modifications must be submitted in a sealed envelope clearly labeled “Modification No. .” Each modification must be numbered in sequence, and must reference the original bid.

  • Investors should be aware that there is a Brazilian Presidential Decree in force, as amended from time to time, detailing the current IOF tax rate (Tax on Financial Operations), that applies to foreign exchange inflows and outflows.

  • Mr. Burnidge, Director of Financial Operations, was available to respond to questions from the Board of Education regarding the attached bills.

  • Specifically, invoices for services and supplies provided to Fleet Services are to be sent directly to the Financial Operations unit in the Office of Management and Budget.

  • Vendors will continue to provide a work order or copy of the invoice with the cost that will be charged on the subsequent invoice sent to Financial Operations.

  • Kim Albritton, Director of Financial Operations St. Lucie Public SchoolsPurchasing Department 9461 Brandywine Lane Port St Lucie, FL [email protected] Ph: 772-429-3980 Solicitation responses, tabulation and award will be made public in accordance with Florida Statute119.071 and Florida Statute 286.0113.

  • Mr. Burnidge, Director of Financial Operations, was available to respond to questions from the Board of Education regarding the itemized bills.

Related to Financial Operations

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Commercial Operation means the condition of operation in which the complete equipment covered under the Contract is officially declared by the Owner to be available for continuous operation at different loads up to and including rated capacity. Such declaration by the Owner, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

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