Evaluate the role of finance director in an organisation of your choice - Essay Example

Only on StudentShare

Extract of sample
Evaluate the role of finance director in an organisation of your choice

The finance director, especially Tesco Plc’s finance director, has other functions (Brealey, 2011). The other functions include setting up and spearheading the implementation of the strategically planned financial plans towards accomplishing established company goals and objectives. In addition, the finance director is fully responsible for the subordinates’ safekeeping and true and correct recording of all financial reports of the company. Correspondingly, the finance director must analyse the financial data as a tool for recommending future finance-related management and marketing strategies.
The Tesco finance director reports to other top level corporation officers (Megginson, 2008). The finance directors reports to the chief executive officer. Likewise, the finance director presents the financial position of the company to the board of directors the board of directors are the investors of the company. As investors, the members of the board of directors are part owners of the corporation. The other owners of the corporation are the investors or stockholders who are not members of the board of directors. Likewise, the finance director attends meetings of the board of directors. During the attendance, the finance director presents his financial reports. The financial reports include the prior accounting period’s financial position accounts.
There are other functions of the finance director, including Tesco Plc’s finance director (Melicher, 2008). The finance director monitors and manages the finance department of the company. The finance department includes the accounting department, the budget department, and the treasury department. The treasury department is in charge of safekeeping the corporation’s cash and other cash equivalent accounts. Further, the finance director contributes his share to ensuring the budget amounts hasten the accomplishment of strategic company targets and benchmarks. The finance ...Show more


During 2005, Tesco Plc’s Finance Director was Andrew Higginson (Cullen, 2009). The finance director’s primary functions include reducing the financial risks of the company’s daily…
Author : connearnest
Evaluate the role of finance director in an organisation of your choice essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Evaluate the role of finance director in an organisation of your choice"
with a personal 20% discount.
Grab the best paper

Related Essays

Critically analyse how ethical factors affect the communications mix in an organisation of your choice. The organisation should
Introduction The survival of the firms in the modern market is depended on their ability to incorporate strategic plans, which can support their increase of these firms’ competitiveness towards their rivals. Marketing has been proved as a strategic framework that can serve two different organizational needs: the increase of the firm’s profitability and the improvement of the firm’s communication with its customers; the second target, if achieved, can support the long-term organizational growth.
11 pages (2750 words) Essay
Making reference to appropriate theories and using examples from organisation(s) of your choice, evaluate on the role of the HR
There is a dire need to understand how the HR function shall embody the basis of its success and how this organization will rein in harmony amongst its related ranks. What the role of the HR function is within such an organization is something that shall have to be properly incorporated within the length of this paper.
5 pages (1250 words) Essay
Choice of the Managing Director
Sometimes, such differences get accentuated when one is required to manage and lead in a diverse group, much owing to the variations in the cultural dimensions of the specific group members. Hence, the answer to the question under consideration to a great extent depends upon whether the cultural dimensions of the managing director to be selected are compatible with the Vietnamese cultural dimensions.
4 pages (1000 words) Essay
Create a report analysing two specific strategy tensions of an organisation of your choice
This suggests that the airline may be selling seats but it does not imply that it is the most preferred airline. Because of a highly competitive industry, Ryanair had to change its strategy in the 1990s from the traditional airline model and develop a low-cost model.
8 pages (2000 words) Essay
Using secondary research, analyse and evaluate the strategic management in an organisation of your choice from the events or tourism industry:
British Airways has a very long history because it began its operations in 1824 when five operates in the United Kingdom merged together and formed what was then known as
14 pages (3500 words) Essay
Using an organisation of your choice as a case study, identify and critically evaluate ONE
An unorganized workforce will never allow individuals to demonstrate their true potentials and that will push back the growth of the company. The role of HRM is significant in this respect, where it
10 pages (2500 words) Essay
You are required to evaluate the role of finance director in an organisation of your choice
Moreover, finance directors are concerned with raising funds, investment of funds, cost control, and forecasting/ measuring financial performance against expectations (Jennings, 2013). There are many positions subset of finance director such as accountants.
6 pages (1500 words) Essay
Your choice
is not because of the fact that cigarettes are tools for deviance, but because of the ideological usefulness of the idea that the social deviants are associated with among other social ills, smoking. It is as a result of this ideology that even youths who are taking the path of
2 pages (500 words) Essay
Perspective on marketings role within your organisation
For instance, marketing function of the organization will provide operations with sales forecasts necessary in planning production
1 pages (250 words) Essay
With reference to an organisation or product/service of your choice you are required to evaluate the current approach and propose approaches to improving customer loyalty by the use of different techniques in Digital marketing
Either clients will flock a business to buy a product because it offers them best service they seek or its price resonates with their affordability. In other words, customers will
10 pages (2500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email