The Importance of the Finance Manager
Description:
One of the most important functions in any company is that of the finance manager. For those who are uninformed, they tend to think the sole function of this position is that of the head of Accounts Payable and Accounts Receivable, but it goes far beyond that capacity.
Content:
One of the most important functions in any company is that of the finance manager. For those who are uninformed, they tend to think the sole function of this position is that of the head of Accounts Payable and Accounts Receivable, but it goes far beyond that capacity. In fact, the finance manager is in charge of any financing and accounting function throughout the company.
The role of this position involves that of not only financing functions such as Accounts Payable, Accounts Receivable, and Billing, but it also involves that of budget projections and working with the Chief Financial Officer to make sure that the company’s funds are stable and assisting with any budget cuts that become necessary.
The finance manager is the head of both the Accounts Payable and Accounts Receivable areas of the company. As such, he will be the one to set policy and direct procedures for both areas of business. That includes hiring staff based upon need, following budget guidelines for expenses including staffing, assuring that procedures are followed by all staff members, setting reasonable quota system to assure work is completed in a timely fashion, and interacting with department supervisors on a regular basis in order to stay abreast of happenings within the department.
The finance manager will also compile reports that show all of the conditions within his department including expenditures, open invoices, production standards, quality control standards, and timeliness of both payment of invoices and processing of payments. The finance manager is also responsible for the billing operation of the Accounts Receivable Department and making sure that guidelines for timely billing are followed as well.
The finance manager also is the one who will work with other executives in order to develop the budget for each year. He will work with the Chief Finance Officer and Chief Executive Officer in order to develop an equitable solution for each year’s expenditures in both staff, office supplies, and any other needs that they company has including training, business trips, out of town meetings, and staff entertainment expenses. The finance manager has a very important position within a company, and his decisions will determine the financial stability of the company, at least within the areas that fall under his control. It is also his job to make certain that other departments and areas of the company follow their budgets and make the most use of the company’s money by avoiding frivolous expenses.
Author: Richard Taylor Edwards
About Author:
Richard Taylor Edwards, Managing Director of Talisman Executive Resourcing, the leading employment agency that offers automotive jobs.
Random related phrase:
microsoft office small business accounting 2007
Misspelled random related phrase:
mmicrosoft office small business accounting 2007, icrosoft office small business accounting 2007, miicrosoft office small business accounting 2007, mcrosoft office small business accounting 2007, miccrosoft office small business accounting 2007, mirosoft office small business accounting 2007, micrrosoft office small business accounting 2007, micosoft office small business accounting 2007, microosoft office small business accounting 2007, micrsoft office small business accounting 2007, microssoft office small business accounting 2007, microoft office small business accounting 2007, microsooft office small business accounting 2007, microsft office small business accounting 2007, microsofft office small business accounting 2007, microsot office small business accounting 2007, microsoftt office small business accounting 2007, microsof office small business accounting 2007, microsoft office small business accounting 2007, microsoftoffice small business accounting 2007, microsoft ooffice small business accounting 2007, microsoft ffice small business accounting 2007, microsoft offfice small business accounting 2007, microsoft ofice small business accounting 2007, microsoft offfice small business accounting 2007, microsoft ofice small business accounting 2007, microsoft offiice small business accounting 2007, microsoft offce small business accounting 2007, microsoft officce small business accounting 2007, microsoft offie small business accounting 2007, microsoft officee small business accounting 2007, microsoft offic small business accounting 2007, microsoft office small business accounting 2007, microsoft officesmall business accounting 2007, microsoft office ssmall business accounting 2007, microsoft office mall business accounting 2007, microsoft office smmall business accounting 2007, microsoft office sall business accounting 2007, microsoft office smaall business accounting 2007, microsoft office smll business accounting 2007, microsoft office smalll business accounting 2007, microsoft office smal business accounting 2007, microsoft office smalll business accounting 2007, microsoft office smal business accounting 2007, microsoft office small business accounting 2007, microsoft office smallbusiness accounting 2007, microsoft office small bbusiness accounting 2007, microsoft office small usiness accounting 2007, microsoft office small buusiness accounting 2007, microsoft office small bsiness accounting 2007, microsoft office small bussiness accounting 2007, microsoft office small buiness accounting 2007, microsoft office small busiiness accounting 2007, microsoft office small busness accounting 2007, microsoft office small businness accounting 2007, microsoft office small busiess accounting 2007, microsoft office small busineess accounting 2007, microsoft office small businss accounting 2007, microsoft office small businesss accounting 2007, microsoft office small busines accounting 2007, microsoft office small businesss accounting 2007, microsoft office small busines accounting 2007, microsoft office small business accounting 2007, microsoft office small businessaccounting 2007, microsoft office small business aaccounting 2007, microsoft office small business ccounting 2007, microsoft office small business acccounting 2007, microsoft office small business acounting 2007, microsoft office small business acccounting 2007, microsoft office small business acounting 2007, microsoft office small business accoounting 2007, microsoft office small business accunting 2007, microsoft office small business accouunting 2007, microsoft office small business acconting 2007, microsoft office small business accounnting 2007, microsoft office small business accouting 2007, microsoft office small business accountting 2007, microsoft office small business accouning 2007, microsoft office small business accountiing 2007, microsoft office small business accountng 2007, microsoft office small business accountinng 2007, microsoft office small business accountig 2007, microsoft office small business accountingg 2007, microsoft office small business accountin 2007, microsoft office small business accounting 2007, microsoft office small business accounting2007, microsoft office small business accounting 22007, microsoft office small business accounting 007, microsoft office small business accounting 20007, microsoft office small business accounting 207, microsoft office small business accounting 20007, microsoft office small business accounting 207, microsoft office small business accounting 20077, microsoft office small business accounting 200
No comments:
Post a Comment