THE ROLE OF FINANCIAL MANAGERS
The financial manager of a firm plays an important role in the company’s goals and policesand financial success.
The financial manager responsibilities include
1.Financialanalysis and planning: Determining the proper amount of funds to employ in the firm,
i.e., designating the size of the firm and its rate of growth
2.Investment decisions:The efficient allocation of funds to specific assets
3.Financing and capital structure decisions:Raising funds on as favorable terms as possible, i.e.,
determining the composition of liabilities
4.Management f of financial resource
such as working capital5. Risk management: protecting assets
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