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Thursday, April 4, 2013

This essay is about the nature of the work of a financial manager.

The nature of the work of a fiscal manager varies a lot with their specific titles, which include controller, treasurer, credit manager, etc. Controllers check the establishment of monetary reports that sum up and predict the organizations financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are responsible for preparing special reports required by regulatory authorities. Often, controllers superintend the bill, audit, and budget departments. Treasurers and finance officers oversee the organizations financial goals, objectives, and budgets. They overlook the investment of funds and manage associated risks, supervise bullion management activities, execute capital-raising strategies to support a firms expansion, and deal with mergers and acquisitions. deferred payment managers manage the firms publication of credit. They establish credit-rating criteria, determine credit ceilings, and manage the collections of past-due accounts. Managers specializing in international finance acquire financial and accounting systems for the banking transactions of multinational organizations. In summing up to the general duties expound above, all financial managers execute tasks unique to their organization or industry. The role of the financial manager, particularly in business, is changing with these forward-looking technological advances that have reduced the amount of time it takes to elevate financial reports. They often work on teams, acting as business advisors to top management.

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Financial managers need to keep au fait of the latest computer technology in order to plus the productivity of their firms financial operations.

The working conditions of financial managers is usually in an office, close to top managers and departments that develop the financial data these managers need. They in the main work long hours like 50 to 60 hours a week. The job outlook for financial managers seems to be very good. It is evaluate to grow about as fast as the intermediate for all occupations through 2010. Strong...

This paper is slightly disappointing...it lacks in exposition and depth. Definitely room for improvment.


I give this an average rating.

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