What are the responsibilities of financial manager?




Answers were Sorted based on User's Feedback



Answer / gopi krishna vaishnav

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 ?    308 Yes 24 No

Answer / koteswararao.ch

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 ?    222 Yes 76 No

Answer / p.philemon babu

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 ?    110 Yes 26 No




Answer / praveen

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 ?    97 Yes 18 No

Answer / mehraj wani

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 ?    90 Yes 13 No

Answer / cheruiyot peter kimutai

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 ?    82 Yes 11 No

Answer / vijayranga

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 ?    64 Yes 16 No

Answer / shatrughan seth

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 ?    61 Yes 19 No

Answer / ravis maqbool

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 ?    63 Yes 28 No

Answer / shobhit gupta

(1) Making financial repor
(2) Direct investment activities
(3) Cash management strtegies.
(4) Forcasting the organization financial position.
(5) Income statement
(6) Making Balance sheet & profit and loss
(7) Analyses of future earning or expenses

Is This Answer Correct ?    20 Yes 5 No

Post New Answer



More Finance Interview Questions

HOW TO APLLY FOR ADVANCE LICENCE FOR IMPORTS

0 Answers   Thomson,


Types of ratios? wht r they

19 Answers   Deloitte, TD Canada Trust,


define finance

14 Answers   manappuram, Wipro, Capital IQ,


what are the activities made during multi currency handling

0 Answers  


Having completed 4 years for electronics engineering studies , why you are interested to work in a bank ?

9 Answers   IBM, ICICI, Andhra Bank,


4.DIFFERNTIATE EVA AND MVA WITH EXAMPLES 5. EXPLAIN THE COST MANAGEMENT SYSTEM ADHERED BY THE CEMENT UNITS IN INDIA 6.HIGHLIGHT THE SWOT ANALYSIS OF CEMENT INDUSTRIES IN INDIA

0 Answers   Accenture,


what is the generic difference between debt and equity?

9 Answers   Deutsche Bank, Utkal Alumina International,


what is brs

15 Answers   Genpact,


What are the three golden rules of accountancy?

6 Answers   Capital IQ, Genpact,


What is BEP? How is it calculated?

18 Answers   Capital IQ, Mphasis, Thomson,


if Debtors payment is 60 days then what is working capital of software company ???

5 Answers  


basic difference between FII & FDI ???

2 Answers   Angel Broking,




Categories
  • Business Administration (504)
  • Marketing Sales (1013)
  • Finance (1088)
  • Human Resources (740)
  • Personnel Management (68)
  • Hotel Management (23)
  • Industrial Management (77)
  • Infrastructure Management (14)
  • IT Management (95)
  • Supply Chain Management (16)
  • Operations Management (7)
  • Funding (77)
  • Non Technical (72)
  • Business Management AllOther (492)