This essay explores the field of finance that is a very important part of every modern business organization, and financial considerations lie at the heart of all crucial business decisions. The researcher focuses on describing of the position named Financial Manager that is the person usually responsible for supervising and keeping in existence the organization’s financial policies and history. The role of a Financial Manager is to analyze financial information and generate financial reports that will assist the organization in decision-making, business progress and elaborate planning procedures. The FM is the pivotal figure in the two halves of the financial circle involving an organization – one involving the movement of money from investors into the organization, and the other half including the movement of money from the organization to the same investors. Nearly every business organization today, whether in the private or public sector, employs at least one Financial Manager. His or her duties vary slightly according to the size of the organization. However, this essay describes a typical Financial Manager who is required to perform 5 roles – that of a Controller, Treasurer, Credit Manager, Cash Manager and Risk & Insurance Manager. The researcher also explores the FM role in a multinational corporation and his duties in a branch of a bank or other financial institution. It is also mentined that the most important decisions of FM are those relating to financing, investment and asset management.
This essay describes the role of the Financial Manager, his duties, responsibilities and business position in a corporative culture of the company. The researcher focuses on analyzing a typical Financial Manager that is required to perform 5 different roles during his work day.
In most cases these stockholders, represented by their chosen directors, decide on who should run a corporation. In effect CEO’s are expected to work in behalf of stockholders and protect their interest by ensuring that business decisions will result to increased profit and maximized shareholder’s stock price.
Finance Concepts and their Application. Financial managers play an important role in any organization. They are responsible for an organization’s financial resources. They are guardians of these funds and have a responsibility to invest these funds in a way that yields the highest possible return and at the same time providing liquidity to an organization.
As information technology is now considered as the fundamental function for business automation, every organization acquires information systems for business automation and better provision of value added services for gaining competitive edge. On the other hand, security is also becoming paramount with the complexity of systems and applications.
This implies that all the decisions taken by the financial manager must result in higher profitability and growth of the company. This would increase the company's share price in the financial markets and benefit the shareholders with increased dividend yields and capital gains.
ork in behalf of stockholders and protect their interest by ensuring that business decisions will result to increased profit and maximized shareholder’s stock price.
Therefore it is imperative that the CEO knows how to manage investment and protect the interest of
Good financial decision making can make or break an organization. Hence, the role of a financial manager is vital to any firm and they are the heart of an organization.
Market prices are great indicators for a financial manager. They are
les the definition of CFO for “Chief Finance Officer is the corporate executive having financial authority to make appropriations and authorize expenditures for a firm” this is according to Farlex (2012). This is officer is in charge of finances and reports directly to the
The author states that the role of the International Financial Managers is extremely crucial in the progress of the HSBC. The IFMs of the HSBC developed a portfolio of international banking and management skills through a large number of challenging projects and assignments that were related to the developed and emerging markets in 87 countries.
Special focus goes to the hype around the company’s style of launching new products that have impressively high following around the world. The iPhone and the iPad brands remain, perhaps, as the most notable of Apple
2 pages (500 words)Assignment
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