Register now or log in to join your professional community.
Role of the finance director is important in achieving the company's objectives and aspirations to achieve, is the financial director in a company is the backbone of the business, and at the same time cycle. It is integrated with other directors and sections of the company.
As the finance director of many tasks can be summarized thus:
Financial analysis and planning, estimating the size of the amounts to be played in the company's assessment of the firm size, growth rate
Investment decisions: efficient distribution of cash to assets
Financing decisions and capital structure, raising the capital and Lldaynnyn payments on time.
Management of financial sources, such as working capital
Risk management and protection of Asw company
In large companies, chief financial officer of functions performed in what is known as the Treasury Manager or head of the Treasury, the Comptroller. Awnayb, director of Finance & treasury manager planning going forward is the management of the company's assets and liabilities capital financing business, the development of the terms of credit cards, portfolio management, financial investments, which typically follows up on all things. External controller while the functions of the company's internal cost accounting, budget, tax and financial control. Financial manager CFO. Chief Financial officer whose role is to follow all these works as a consultant for the applications. A circuit
The effects of the financial manager.
Effect on it's per share at present, and future
Political profit on the stock exchange.
The method of financing of company
Can do a simple comparison of the financial manager and the controller
Financial Supervisor
Planning and control
Reports and interpretations
The evaluation Walastsharat
Tax administration
The government reports
Asset Protection
Economic evaluation
Finance Manager
The provision of capital.
The relationship with investors.
Short-term financing
Bank deposit guarantees.
Debt collection
Investment
Insurance
Yes I agree that CFO is the business partner and better than accountant.
There are two aspects in its.
When CFO become the part of Ownership, he will defenitely use his efforts to the maximum as if he is nursing some thing at his own possession. He may not differentiate ownership from the paid job.
In case of Accountant performing the function of CFO, technically he will be more accurate to the Financial datas and its interpretation. But he may try to refrin from the main channel keeping a little bit difference.
Regarding Involvement in work The accountant will be much better in CFO with some more commitment in work, but in other (ownership)case he may take advantage of personal preference in his own affairs that may likely tend to lack or accountability.
yes
yes i agreed,if a CFO remains within its limits