Discuss the financial manager’s place in the corporation
The place of the financial manager may vary significantly. In fact the generic nature of this job title and description can be misleading; hence it should be carefully scrutinized as the role can vary enormously depending on the size of the company and job title.
The financial manager holds an important position in the structure of any corporation. He is the person who creates monetary value of the corporation from financing, capital budgeting as well as net-working capital actions. Financial managers are there in the corporation to oversee preparation of financial reports, execute all cash management strategies and direct