Interested to Buy Any Domain ? << Click Here >> for more details...
What are the responsibilities of financial manager?
- 32 Answers
- 115139 Views
- Banking, College School Exams Tests, Eskom, HDFC, Hyundai, IBM, Manufacturing, Tata Steel Limited, I also Faced
- E-Mail Answers
Answer Posted / mehraj wani
Since the Financial Management is the subject that bridges
the gap between the investors of fund and the saves of the
fund, so is the role of financial manager in an
organisation.
The key responsibilities of Financial Manager in an
Organisation are:
1) Arrangement of Short Term and Long Term funds i.e,
working capital and term loan for the survival of a
particular project.
2) To make decisions regarding the financial feasibility of
projects (by checking the Net Present value or Discounted
Cash Flows of a particular project)
3) To focus on the Cost Minimisation and Profit Maximation.
| Is This Answer Correct ? | 91 Yes | 13 No |
Post New Answer View All Answers
In every bank, why does probationary officer verifies a transaction after entered by the clerk?
What are the duties, powers and functions of IRDA?
What are the additional covenants in term loan agreement to protect lenders?
What is the current repo rate?
What is the educational qualification required for marketing officer and asst. Manager posts?
What is the Full form of RTGS and what are the features and benefits?
What are Small and Payment Banks?
How is your professional knowledge useful for the banking Sector?
What is market stabilization scheme (mss)?
why should be must tin no for business
DESCRIBE A FAILURE IN PROFESSIONAL OR ACADEMIC LIFE?HOW TO OVERCOME
what is direct investment and foriegn direct investment?
What was the initial name of NITI Aayog?
When one party enjoys credit facilities by more than one banks who works in coordination with each other under a formal arrangement, what is the arrangement?
What is lease financing?
