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 capital

5. Risk management: protecting assets