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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing ...
They may even have their CPA, or be a CPA candidate. In addition to general accounting duties, they help company's management to analyze the economic health of the organization, usually through timely financial reports and counsel. They may or may not have supervisory responsibilities over junior accountants and/or clerical personnel. [5]
The chief financial officer was traditionally viewed as a financial "gatekeeper".Over time, the position has become one of an advisor and strategic partner to the CEO. [2] [3] CFOs are increasingly being relied upon as the owners of business information, reporting and financial data within organizations and assisting in decision support operations to enable the company to operate more ...
These managers manage the work of low-level managers and may have titles such as department head, project leader, plant manager, or division manager. Top managers are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.
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Management of these deliverables sits with the financial manager (FM); while budget analyst, cost analyst, treasury analyst or manager, risk analyst or manager and corporate finance analyst are often specialized roles. The area overall is sometimes referred to as "FP&A" (Financial Planning and Analysis).
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