Do you want to be a finance manager or know someone who does and find yourself curious about what they do for a living? That makes sense I guess, you could even be thinking that you need a finance manager and you want to know what the functions of a finance manger are.
To answer your concerns, you have to know that the functions of a finance manager are very varied when it comes to the specifics of a job description. Usually the businesses that require finance managers are those that belong to the private sector, the financial institutes, banks even charities and a few government institutions. The jobs of financial managers can be split into two categories. One is managerial finance and the other is corporate finance.
The part of managerial finance often involves assessments and appraisals for every kind of financial activity that may occur in any organization. While as managerial finance often does not involve any drafting activities or implementation of various financial techniques. Its most basic focus is regulation and helping the administration of all the current projects.
On the other end, we have corporate finance which helps in delegating tasks in order to maximize the corporate value towards a financial manager. Financial managers in this job position have to deal with decisions that involve capital investments, debt and equity together with the payment of dividends to various shareholders. Also, any corporate finance manager also deals with decisions that are related to investment banking in order to raise enough capital for the business. This is done when he trades in bonds as well as securities.
Any financial manager can also work as a treasurer or even a controller. This job position involves the capacity to make provisions or any directives for preparations of any financial reports, income reports and balance sheets.
A financial manager does not have an easy job since he is involved with all things that involve money for the company; including the disbursement and tracking of funds. if you know someone who wants to be a finance manager or a you want to be a finance manager, you are in for quite an adventure.