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Q: What is the role of a finance manager in inventory management?
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What are the emerging role of financial manager in India?

Liquidity management is the most crucial role a finance manager faces today.


What type of work generally financial managers does?

The role of finance manager in the company is an important one. The function of the finance manager is not confined to the management and making of the accounts but it also plays a major role in dividend decisions, capital budgeting decisions, capital structure outlay of the firm, decision related to the merger and acquisitions, and all the investment decisions of the firm. Thus the finance manager plays an important role in any business enterprise.The different decisions can be classified into:# The routine working capital and cash management decisions. # Dividend decisions # Investment decisions # Financial forecasting # International financial decisions # Portfolio management # Risk management # Cash management while the dividend decisions are related to deciding the amount that is to be distributed to the shareholders, the investment decisions relate to the investment that the company makes in different projects so as to expand the business and improve its profitability. The finance manager here appraises the various projects and judges their profitability. The manager also decides how much capital should be employed in the project and which sources are the best for financing the project. Such decision also extends to the investments in the foreign and the local market which requires a thorough knowledge of the market trends thus the role becomes important.The top management takes the advice of the finance manager for the capital structure outlay of the firm.On the monthly and yearly basis the manager looks into the inventory requirements, daily cash requirements, and the objectives of the firm and then plans a budget accordingly for different departments so that they receive optimum amount to carry out the activities and achieve the business objectives.On the basis of the previous year budget utilization, different reviews and study reports prepared by the research department, finance manager prepares a budget and allocate the recourses for the coming year.With globalization the role of finance manager is not confined to the regional boundaries but has spread to the activities involving taking the decisions regarding mergers and acquisitions, establishing of the subsidiaries and investing in the foreign markets. Here the finance manager looks into the profits that the business can generate from establishing the subsidiary, what should be the capital outlay of the firm, what tax benefits the firm can avail by establishing and expanding into the foreign market?A finance manager thus not only acts as a person maintaining the accounts but also plays a major role in the management of portfolio, risk, cash and capital.


Comment on the emerging role of the finance manager in India?

sanjay sarma


What is the defference between accounts manager and finance manager?

Its same as Accounts and Finance As a role of Accounts manager one should look for Accounting prospects of any concern. Like Day to day working, data entry, preparation of Ledge, Expense. As a role of Finance manager one should take decision on day to day work like how much the expenses should be and how to invest and how to process, where to get money and all that. As a comparative analysis, Finance Manager take Financial decisions of any concerns and Accounts manager look for the proper accounting for those decisions. Finance manager role is more challenging than Accounts manager


What is the role of HR manager in participative management?

The role of a HR manager in participative management is to engage the other subordinate employees in making managerial decisions. This is considered to be an effective form of management that enhances teamwork.

Related questions

Role in finance manager managing in effective financial management in export oriented company?

what is the Role of Compay Finance Manager?


What are the emerging role of financial manager in India?

Liquidity management is the most crucial role a finance manager faces today.


What are the roles of inventory management in a merchandise business?

the role of inventory mangement


What is role of manager in financial company?

firstly the main role of manager to fully know about the today's finance and they have a lot of knowledge about the financial things........and also know about the in which way they can handle finance.......


What type of work generally financial managers does?

The role of finance manager in the company is an important one. The function of the finance manager is not confined to the management and making of the accounts but it also plays a major role in dividend decisions, capital budgeting decisions, capital structure outlay of the firm, decision related to the merger and acquisitions, and all the investment decisions of the firm. Thus the finance manager plays an important role in any business enterprise.The different decisions can be classified into:# The routine working capital and cash management decisions. # Dividend decisions # Investment decisions # Financial forecasting # International financial decisions # Portfolio management # Risk management # Cash management while the dividend decisions are related to deciding the amount that is to be distributed to the shareholders, the investment decisions relate to the investment that the company makes in different projects so as to expand the business and improve its profitability. The finance manager here appraises the various projects and judges their profitability. The manager also decides how much capital should be employed in the project and which sources are the best for financing the project. Such decision also extends to the investments in the foreign and the local market which requires a thorough knowledge of the market trends thus the role becomes important.The top management takes the advice of the finance manager for the capital structure outlay of the firm.On the monthly and yearly basis the manager looks into the inventory requirements, daily cash requirements, and the objectives of the firm and then plans a budget accordingly for different departments so that they receive optimum amount to carry out the activities and achieve the business objectives.On the basis of the previous year budget utilization, different reviews and study reports prepared by the research department, finance manager prepares a budget and allocate the recourses for the coming year.With globalization the role of finance manager is not confined to the regional boundaries but has spread to the activities involving taking the decisions regarding mergers and acquisitions, establishing of the subsidiaries and investing in the foreign markets. Here the finance manager looks into the profits that the business can generate from establishing the subsidiary, what should be the capital outlay of the firm, what tax benefits the firm can avail by establishing and expanding into the foreign market?A finance manager thus not only acts as a person maintaining the accounts but also plays a major role in the management of portfolio, risk, cash and capital.


Comment on the emerging role of the finance manager in India?

sanjay sarma


How do you envisage your role as a Finance Manager in matters related to dividend policy What are the alternatives and factors that you may consider before finalizing your views on dividend policy?

as finance manager what is your role in matter of dividend policy.


What are the role of the risk manager within the hospital?

The risk manager can be involved in several different areas, including finance management, nosocomial infections and personnel management. In general, a risk manager works to identify areas of risk (such as hospital-acquired infections) and ways to reduce or manage that risk to mitigate consequences to the hospital.


What is the defference between accounts manager and finance manager?

Its same as Accounts and Finance As a role of Accounts manager one should look for Accounting prospects of any concern. Like Day to day working, data entry, preparation of Ledge, Expense. As a role of Finance manager one should take decision on day to day work like how much the expenses should be and how to invest and how to process, where to get money and all that. As a comparative analysis, Finance Manager take Financial decisions of any concerns and Accounts manager look for the proper accounting for those decisions. Finance manager role is more challenging than Accounts manager


What is the role of HR manager in participative management?

The role of a HR manager in participative management is to engage the other subordinate employees in making managerial decisions. This is considered to be an effective form of management that enhances teamwork.


What is figurehead in management?

its the role of manager, he is the symbolic representation of an organization.


What role is performed by content management?

The role that is performed by content management is that of the role as simple as manager. Managers manage the stores and do the hiring and other things in the workplace like that.