PROJECT

ON

ROLE OF CORPORATE FINANCIAL MANAGER

SUBMITTED BY:

NAME: RAJ VARDHAN AGARWAL

ROLL: 1782084

COURSE : BBA.LL.B

SECTION : B

Contents
•Introduction of Manufacturing Company

•Overview of Financial Management

•Who is a Financial Manager?

•Types of Financial Managers

•Roles and Responsibilities of Financial Managers

•Skills required for Financial Manager

•Some necessary examples

 Manufacturing Industry

•Manufacturing simply refers to the process wherein raw materials get converted into finished
products either for further sale or for ultimate consumption.

•Manufacturing Industry refers to those industries which are involved particularly in the
manufacturing process.

•Examples of Manufacturing Companies: Apple , General Motors.

Financial Management

•Financial Management can be defined as the science and art of managing money.

•Financial Management (or business finance) is concerned with managing a corporation`s

money.
 Who is a financial manager?

•A financial manager is a person who manages the finances of a business entity both efficiently
and effectively.

Types of Financial Manager

•The top Financial Manager within a firm is usually the Chief Financial Officer (CFO).

•Treasurer – Oversees cash management, credit management, capital expenditure and financial
planning.

•Controller – Oversees taxes, cost accounting, financial accounting and data processing

Financial Management Activities

•Capital budgeting

•What long-term investments or projects should the business take on?

•Capital structure

•How should we pay for our assets?

•Should we use debt or equity?

•Working capital management

•How do we manage the day-to-day finances of the firm.

Role of a Financial Manager

•Provide information about the interest rates at which the company is willing to take loans.

•The future cash flow needs.

•Recommendations about taking short-term loans or self-financing.

•Recommendations of long-term debt increase or issue of share; or a combination of both.

•Availability of risk management techniques.

•The economic units production and its impact on the existing and planned project.

Functions of a Finance Manager

•Estimation of Capital requirement

•Determination of capital composition Own capital

Owed capital

•Choices of sources of funds- In order to procure additional funds a company has many choices
like:

Issue of shares and debentures.

Loans to be taken from banks and other financial institutions. Public deposits to be drawn in the
form of bonds.

•Investment of the funds

•Disposal of Surplus : Dividend Declaration Retained earnings

•Management of cash

•Financial control
Finance manager role in Current Time

•Understanding the implication of corporate social responsibility with respect to profitability.

•Decision on the optimum size of the firm

•Decision on stock option , perquisites and bonuses.

•Understanding and applying the modern financial instruments such as factoring, derivative,
credit derivative, securitization and venture capital.

•Transfer pricing

•Understanding the Time Value of Money

Skills Required for Financial Manager

•Analytical skills

•Financial managers increasingly assist executives in making decisions that affect the
organization, a task for which they need analytical ability.

•Communication Skills

•Excellent communication skills are essential because financial managers must explain and
justify complex financial transactions.

•Attention to detail

•In preparing and analyzing reports such as balance sheets and income statements, financial
managers must pay attention to detail.

•Mathematical skills

•Financial managers must be skilled in math, including algebra. An understanding of

international finance and complex financial documents also is important.
•Organizational skills

•Financial managers deal with a range of information and documents. They must stay organized
to do their jobs effectively.

Example

•Finance manager in HP

•Job Descriptions

Responsibilities :

Manages a large team of individuals by setting and monitoring performance goals and
objectives ,ensuring timely and effective delivery of audit reviews and programmes.

Drives risk assessments, defines project scope, determines resource needs.

Interprets significance of audit findings.

Serves as an expert on audit standards and GAAP related issues.

•Skills

Content master in the field of internal audit with a complete systematic knowledge of audit
standards and accounting principles.

Excellent presentation, communication, and influencing skills.

Superior Quantitative and qualitative analytical skills.

BIBLIOGRAPHY
 www.google.com

www.investopedia.com

www.lawctopus.com