The Financial Manager is responisible for entire finance
department. Each and every transaction related to cash or
bank is responsible for Financial Manager. These are the
head of the Finance Department.
Preparation of Financial Statements like Profit and loss
accounts and Balance sheets.
The finanace manager has to deal with the mainly or
generally with thw 4 A's, these are
1)Anticipation of fund (i.e. capitalisation)
2)Acquisition of fund(i.e. Raising of funds)
3)Allocation of fund(i.e. investment decision)
4)Assessment of fund(i.e. evaluation of financial
activities)
prepare (1)cash flow statement
(2)profit and loss a/c
(3)balance sheets
the financial manager has to deal with-
(1)anticipation of funds(capitalisation)
(2)anticipation of fund(raising of fund)
(3)allocation of fund(investment decision)
(4)assessment of fund(evaluation of financial
activities)
1 Has to control the cost of funds
2 Has to achieve the organisational goals by reducing the
cost of funds by using the appropriate mix of debt and
equity
3 managing the financial activities of the organization
Since the Financial Management is the subject that bridges
the gap between the investors of fund and the saves of the
fund, so is the role of financial manager in an
organisation.
The key responsibilities of Financial Manager in an
Organisation are:
1) Arrangement of Short Term and Long Term funds i.e,
working capital and term loan for the survival of a
particular project.
2) To make decisions regarding the financial feasibility of
projects (by checking the Net Present value or Discounted
Cash Flows of a particular project)
3) To focus on the Cost Minimisation and Profit Maximation.
The basic responsibilities of a any financial manager
involves:
1. To ensure the wealth maximization of the shareholder's
of the company.
2. to ensure the profit maximization of the company.
increase the profit
increase the wealth maximization of the shareholders
control the cost of funds
achive the organizational goals
right mixture of the debt and equity
prepare the right financial statement
1. Investment Decision
2.Finance Decision
3.Divivdent decision
4.Working Capital Decision etc.
Since the Financial Management is the subject that bridges
the gap between the investors of fund and the saves of the
fund, so is the role of financial manager in an
organisation.
The key responsibilities of Financial Manager in an
Organisation are:
1) Arrangement of Short Term and Long Term funds i.e,
working capital and term loan for the survival of a
particular project.
2) To make decisions regarding the financial feasibility of
projects (by checking the Net Present value or Discounted
Cash Flows of a particular project)
3) To focus on the Cost Minimisation and Profit
Maximation.prepare (1)cash flow statement
(2)profit and loss a/c
(3)balance sheets
the financial manager has to deal with-
(1)anticipation of funds(capitalisation)
(2)anticipation of fund(raising of fund)
(3)allocation of fund(investment decision)
(4)assessment of fund(evaluation of financial
activities)
Hi Friends,
I was working for a bank firm for 1.3 years and i hve
resigned in april 2010.The reason for leaving the job was
that my cousin had promised me a job in Saudi unfortunately
i did not get any job after being there now i am back in my
home town looking out for a job here.My question is all
companies will ask Why did u leave your previous job?
Please do post your answers and help me out in getting a
job since it has been already 6 months i am, without a job.
I am BSC(biology) graduate,and MBA(graduate) from Andhra
university in 2002 ,after that i got married now i want to
do job please suggest how to proceed and suggest me some
courses to get grip in Finance, Reference materails how to
start my preparation
What is GP?
What is EPS?
Explain the concepts of Mergers, Aquisition And Amalgamation?
what is the meaning of LIQUIDITY?
what is portfolio ?
What is the Risk of investment?
hI
I done my MBA with specialization finance, am an non
commerce student ( b.sc electronics),looking for a job PLZ
GUIDE me wat ever the steps want to take forder.....
along with your userid / name. ThanQ
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