Roles Of A Financial Manager - 861 Words

The Roles of a Financial Manager are many, but their primary goal is to warrant growth of the proprietor’s wealth and to ensure maximum profit of the company. When a financial manager achieves his or her personal goals of a company, they too will be successful, (Moyer, et al, 2008). The decisions of financial managers are capital structure, working capital management and capital budgeting. A financial manager has to decide on the type of investments that the company should undertake (Siegel Shim, 2009). Financial managers help the company make decisions on how the company invests their funds; company has to have a diversity of real assets in order to operate successfully. Most of the company’s assets are tangible, meaning things such as machinery the company use, offices equipment etc.†¦; the company’s trademark, and patents are intangible. In order for the company to pay for all of their assets it has to sell assets, or securities, for instances, if a company borrows money from a financial institution, the financial institution would have that financial asset; in turn that asset gives an institutional claim on the interest payments. Therefore, the company’s real assets need to produce sufficient revenue to satisfy the financial instit ution s entitlements. Their decisions on working capital management involve short-term assets of the corporation, such as inventory, cash, and debtors. In most situation financial accounting of the firm overlaps with financial management,Show MoreRelatedRole of the Financial Manager1139 Words   |  5 PagesRole of the Financial Manager Paper Introduction Shareholders own companies and are therefore entitled to a return on their investments when the companies are performing well. It becomes the financial managers role to ensure that shareholders are receiving a maximum return on their investment. This project will concentrate on defining the different roles and objectives of financial managers in their attempt to maximize shareholder value. Furthermore, the viewpoint of stockholders will alsoRead MoreRole of Financial Manager1220 Words   |  5 PagesRole of the Financial Manager The role of the financial manager has changed drastically during recent years. Previously, financial managers were seen as the stewards of the organization, since they were responsible to ensure the accountability of all organizational assets and to generate accurate financial reports. Today, their main goal is to maximize shareholder value. 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Corporate governance provides the structure on how the companies will establish their objectives. (Brusseau, 2012) The objectives of the companies also incorporate all levels of management such as plans, performance and key functions that allows