Job brief . There are two main roles that the finance manager has to perform: Raise Funds; Manage Funds; Other Roles and duties of finance manager; Raise Funds. A financial manager plays a critical role in providing financial guidance and support to a company. Financial Manager Responsibility # 2. This practice controls all the economic operations of an enterprise like utilisation of funds, procurement of funds, payment, accounting, risk assessment and everything related to the cash. The role of a finance manager is to help decision-makers with their financial decisions so that their businesses continue to turn a profit and minimize costs. The success or failure of any organisation primarily depends on the efficacy of its financial management. Also known as a finance manager or finance lead, they can make a real difference to a business’ success. 137 The Role of Finance and the Financial Manager How do finance and the financial manager affect the firm’s overall strategy? Cash is required for many purposes like payment of wages and salaries, payment of electricity and water bills, payment to creditors, meeting current liabilities, maintainance of … It applies management ethics to the financial resources of a company. To make money, it must first spend money—on inventory and supplies, equipment and facilities, and employee wages and salaries. Sign up for Workable’s 15-day free trial to post this job and hire better, faster. That is why every business, whether big or small, looks for an erudite and a highly-skilled finance professional who can manage the finances effectively. A finance manager shoulders major responsibilities. Finance manager job description . The finance manager plays a very significant role in the management of the firm. The Financial Management main role is to plan, organise and govern all the financial activities of a company. Major Investment and Financing Decisions: A successful firm usually has rapid growth in sales, which requires investments in plant, equipment and inventory. We are looking for a reliable Financial Manager that will analyze every day financial activities and subsequently provide advice and guidance to upper management on future financial plans. Hiring a financial manager? Management of cash: Finance manager has to make decisions with regards to cash management. Finance plays a key role in the overall growth of an organisation. The role is a very common destination for those in the financial field and for those with a strong grasp of numbers and good analytical and communication skills may be the ideal job. An organization’s financial management plays a critical role in the financial success of a business. Discover whether the role of a financial manager is for you, with expert tips on how to progress through the ranks of finance officer to assistant finance manager, and beyond. 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