CAREER IN

Fundamental
FINANCE
Management in
QUALITIES OF A
FINANCIAL
PROFESSIONAL
Business
 As a explain the major role of financial management and
the different individuals involve
Student, I Identify the different career opportunities in
am finance, and the qualities of a financial professional.

expected Have an appreciation of what the overall objective

of financial management should be
to
To create an organizational chart.
 It covers the planning,
organizing, leading, and
controlling of all the financial
Financial
activities of an organization.
Management
in Business • The key to effective use of such
information is how finance is applied in
other business functions within the
organization such as production,
marketing, human resource,
procurement, and operations.
• Financial managers are involved in planning
where in they contribute in identifying goals,
objectives, setting targets, and etc.

• The finance manager is also tasked to provide

the member of the board of directors with
information that will help them make informed
decisions on matters that involve huge amounts
of money.
• Financial information is generated by the
different departments.

• Financial information also serves as an

effective communication tool across
department.
• The overall financial plan , which includes detailed
budget for the different programs, is in some ways
synonyms with measurable goods.
The following 1. Research and Development
are the different 2. Employee Relation
areas of 3. Marketing Promotion
operation in an 4. Expansion
organization 5. Meeting Contingencies
where finance 6. Government Agencies
plays a very 7. Asset Management
important role. 8. Information System
 1. Banker/Investment banker
2. Insurance Agent/Broker
3. Financial Advisor
4. Stockbroker
Careers in 5. Fund Manager
Finance 6. Academe
7. Corporate Consultant
8. Country Manager
9. Corporate Finance Manager/Officer
10.Chief Finance Officer
 Banker/investment banker

• banking is by far most common career path for a

finance professional
• Most financial institutions provide special training
even for those who already have a bachelor’s
degree in finance
 Insurance agent/broker

• They do not merely sell insurance products; they also

give financial advise to their clients
• Some insurance agencies are employed by one specific
insurance company. There are also other insurance
agents and brokers who sell insurance products that are
offered by several companies
 Financial advisor

• Advisors give financial planning advice to both individual

and corporate clients; they are employed by companies
that are engaged in the selling of investment products.
 Stockbroker
• It is similar to financial advisors in the sense that he/she
advises the clients on matters pertaining to financial
products, market, and industry trends and other
investment options. The major difference is that
stockbroker is licensed to facilitate the buying and selling
of stocks for investors.
• Stockbrokers get paid through commissions.
 Fund Manager

• Funds managers are employed by mutual fund

companies.
• They are called fund managers because they manage
funds pooled by several investors
 academe

• If a financial professional chooses to be in the

academe and teach, he or she will be required to
obtain masters and doctorate degree.
 Corporate Consultant

• A corporate consultant is not employed by a particular company.

Rather, he or she is commissioned to do work on a temporary or
per project.
• This person usually an expert in the field who has tapped specifics
problems or issues inside and outside an organization.
 Country manager

• A country manager is employed by a multinational firm.

• The person is tasked to oversee the operations of an affiliate in the host or
foreign country.
• A country manager is not required to manage the financial aspects of the
business; instead he or she is expected to manage all the cross-functional
areas, with department heads or managers reporting to him or her.
 Corporate Finance Manager/Officer

• The core of a fm’s job is financial analysis, which includes risk assessment ,
return on different investment options, preparation and analysis of financial
statements, ensuring the cost control measure in all cross-functional areas
and that those communicated to other department heads and treasury.
• A financial manager reports directly to the CFO.
 Chief Financial Officer

• The CFO is one of the members of the to management team; often referred as an
executive.
• The CFO is responsible for managing all the financial aspects of the business –
investments, capital expenditures, budget allocation, cost control measures, cash
flow, and sourcing of funds.
• He or she is to accomplish these task through a finance officer or manager.
• The ultimate3 of CFO is to ensure that all financial decisions made will contribute
to the achievements of corporate goals and objectives.
 1. Integrity
2. Attention to detail
3. Strong oral and written communication skills
Qualities of a 4. Ability to multi-task
Finance 5. Analytical

Professional 6. Ability to think strategically

7. Ability to use technology
8. Team player
9. Leadership
10.Flexibility
 integrity

• Defines as strong quality of being honest. It is a strong adherence to moral

standards and uprightness.
• A member of a company’s top management team once said that someone
has integrity if he or she chooses to do what is right even if no one is
watching.
 Attention to detail

• Financial information provided to the stakeholders, especially the decision

makers, have to be complete and accurate.
 Strong oral and written communication skills

• Financial professionals work with people of different backgrounds.

• They are required to deal with people from different levels within the
organization.
• They generate and prepare reports in a format that can be easily
understood by the intended users
• A finance professional who posses the ability to communicate well would be
more effective in carrying out all those task and responsibilites
 Ability to multitask

• A financial professional must be capable of wearing many hats and still be

focused on key issues that affect the financial well-being of the
organization.
 analytical

• A finance professional has the ability to look at things from different angles,
come up with options, and the provide decision makers data-driven bases
for sound decision making.
 Ability to think strategically

• A finance professional should always find the connection between the

decision made and the trends of today, and their impact on the achievement
of the overall goals and objectives of an organization.
• Strategeic thinking entails having the ability to come up with the plans that
are in line with the firm’s vision, mission, and objectives.
 Ability to use technology

• The work of finance professional must be aided with the use of technology,
like spreadsheet and statistical, and accounting software.
• Technology helps in safeguarding confidentiality and integrity of financial
information.
 Team player

• A finance professional is required to work with other members of the

organization; hence, his or her ability to work in a collaborative environment
is imperative.
 leadership

• Leading people means teaching, sharing knowledge, motivating other

employee to meet or exceed standards, and encouraging everyone to meet
targets.
 flexibility

• The finance professional also needs to be kept abreast with the

competitors, the external and internal environment change, - and has to
adapt, and adapting entails being updated to current trends in industry
practice.
ASYNCHRONOUS
TIME
 ORGANIZATIONAL CHART UPDATE

RUBRIC:

• Relevance of information presented: 40%

• Completeness: 40%
• Format/Presentation 20%
 1. Go online: Visit
http//www.cssp.com/CD0808b/CriticalStrategicThinkingSkills and
read the article “Strategic Thinking 11 Critical Skills Needed by J.
Glenn Ebersole. After reading, answer the following questions.

• How did the author define strategic thinking?

• What are the critical skills needed for strategic thinking? Can you briefly describe
Things to each skill?
• If you were to rank the skills according to degree of importance, how would your
do: (Quiz) ranking be like?
• Based on your answer in #3, explain why and how you chose your top five skills?

DEADLINE: SEPTEMEBER 16, 2020, WEDNESDAY AT 11:59 PM