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Question
What are the responsibilities of financial manager?
 Question Submitted By :: Neeraj Sharma
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What are the responsibilities of financial manager?
Answer
# 1
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.
 
Is This Answer Correct ?    219 Yes 73 No
Koteswararao.ch
 
  Re: What are the responsibilities of financial manager?
Answer
# 2
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)
 
Is This Answer Correct ?    298 Yes 21 No
Gopi Krishna Vaishnav
 
 
 
  Re: What are the responsibilities of financial manager?
Answer
# 3
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)
 
Is This Answer Correct ?    108 Yes 24 No
P.philemon Babu
 
  Re: What are the responsibilities of financial manager?
Answer
# 4
Finance Manager responsibilities:

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
 
Is This Answer Correct ?    95 Yes 14 No
Praveen
 
  Re: What are the responsibilities of financial manager?
Answer
# 5
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.
 
Is This Answer Correct ?    88 Yes 12 No
Mehraj Wani
 
  Re: What are the responsibilities of financial manager?
Answer
# 6
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.
 
Is This Answer Correct ?    61 Yes 26 No
Ravis Maqbool
 
  Re: What are the responsibilities of financial manager?
Answer
# 7
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
 
Is This Answer Correct ?    60 Yes 18 No
Shatrughan Seth
 
  Re: What are the responsibilities of financial manager?
Answer
# 8
Finance manager should take the decisions in a manner that
the company profits should increase ,
and the main responsibilities of him are ,

1.Investment Decision
2.Finance Decision
3.Divivdent decision
4.Working Capital Decision etc....
 
Is This Answer Correct ?    62 Yes 14 No
Vijayranga
 
  Re: What are the responsibilities of financial manager?
Answer
# 9
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)
 
Is This Answer Correct ?    80 Yes 11 No
Cheruiyot Peter Kimutai
 
  Re: What are the responsibilities of financial manager?
Answer
# 10
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
Suhail Abdul Malik
 

 
 
 
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  Question Asked @ Answers
 
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