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What are the responsibilities of financial manager?
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Answer Posted / 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 |
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