What are the responsibilities of financial manager?

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What are the responsibilities of financial manager?..

Answer / suhail abdul malik

The two most important responsibilities of the finace
manager is:-

1. Profit maximization of the firm
2. Wealth maximization of the share holders

Is This Answer Correct ?    39 Yes 29 No

What are the responsibilities of financial manager?..

Answer / beena mahalwal

: 1. to give understanding and perspective on
management function in the company and in
its relation
to domestic and international economy.
2. To give ilustration on financial management
practices
and policies, processes, techniques and
strategies that are
used in the financial management.
3. To develop knowledge on the type and
characteristics of
problems and the possibility of the
occurrence of
financial management problems, and to
increase the
ability to handle the problems through
reliable approach
and problem solving strategy development.
4. To develop planning skill and monitoring
skill in
financial management functions effectively,
so the
students be able to apply the appropriate
management
strategy to face the company challenges

Is This Answer Correct ?    13 Yes 3 No

What are the responsibilities of financial manager?..

Answer / ogunjiofor modestus . c.

In fact,the financial manager is the brain box of any
Organization/Company who over sees the income and
expenditure of any Organization.He also fashion the
Organization against forthcoming financial crisis,and find
solution.He forecast the future to know exactly when the its
due for the Organization to invest to make more profit.
He also over sees the welfare of the entire employees,to
make sure that their salaries are paid as at when
due.Finally,always adopt new strategies that will maximize
profit for the Organization.

Is This Answer Correct ?    10 Yes 0 No

What are the responsibilities of financial manager?..

Answer / bambang suhartono

he/she responsibility is to oversee the the financial inner-
workings of a company and encourage the fiscal growth. to
the extend, how to maximize the stockholder value. that is
the main task of finance manager.

his scope of jobs consisting of:
a. budgeting
b. investing

Is This Answer Correct ?    11 Yes 2 No

What are the responsibilities of financial manager?..

Answer / ankush ansingkar

finance Manager/Fund Manager is Responsible for following
things:
1. Taking investment decisions i.e. whether to invest
either in mutual fund or in share market or to keep fund in
banks as A FIXED DEPOSITS.

2. To raise funds from various sources either from public
or from financial institutions or from own sources.

3. To see whether the funds are kept idle and to take
immediate action if yes as it is a pure loss of company to
keep funds idle.

4. To think of future financial needs of company and also
to make some provisions in advance according to that.

5. To find the discrepencies in the accounting statements
and get it correced from subordinate and to help
subordinates when they need help in their job.

Is This Answer Correct ?    8 Yes 2 No

What are the responsibilities of financial manager?..

Answer / p.srinivasa rao

Overall responsible for accoounts & Finance of the company
Cost Analysis
Budget
Fund Management
Taxation
MIS reports
Payrolls

Is This Answer Correct ?    7 Yes 3 No

What are the responsibilities of financial manager?..

Answer / dhara

financial manager is responsible for
financial analysis & planning
manage the firm's asset structure
manage the firm's financial structure
manage cash flow
decision making
evaluate & implement strategies.

Is This Answer Correct ?    5 Yes 1 No

What are the responsibilities of financial manager?..

Answer / bhavana rushi kondaveeti

Basically, finance manager is a fund manager. He should
accommodate for the short term financial needs i.e. working
capital as well as long term financial needs i.e. term loans
of the organisation whether by way of external sourcing from
banks/financial instituations or internal sourcing i.e.
issue of shares and debentures. He is also responsible and
should ensure that funds are properly utilized by
implementing internal controls with in the
organisation.Also, if required he needs to suggest the
management on the feasibility/profitability of
expansations/new projects within the business or
investiments outside the business/non-operating
activities.Also responsible for time to time analysing the
performance of business and suggest the ways to the
management about the increase in profitabity/cost reductions.

Is This Answer Correct ?    4 Yes 1 No

What are the responsibilities of financial manager?..

Answer / k.m. thieya

-oversee preparation of financial report
-Execute cash management strategies
-Direct companies investment activities
-maximising shareholders value
-Ensuring resources are protected from waste

Is This Answer Correct ?    2 Yes 0 No

What are the responsibilities of financial manager?..

Answer / ritu

finace manager has to make poper planing of cash flow in
business.he is resposible for risk management. he has to
take investment decision,earn more profit,furture planning&
prepare
documents like b/s shee,p&l a/c.finalea/c etc

Is This Answer Correct ?    2 Yes 1 No

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