Role of the Financial Manager

Role of the Financial Manager

The role of the financial manager is very crucial to an organization. They hold the most important ingredient of a company in the palm of their hands, management of cash flow of a company. Since financial managers can be found in almost every organization, it is important to understand their role in an organization. In this paper I will examine the role of the financial manager. I will further compare and contrast these roles with that of an accountant.
Financial Managers
Our University of Phoenix e-text states, “Financial managers stand between the firm’s real assets and the financial markets in which the firm raises cash” (p. 8). They are ultimately responsible for overseeing the flow of cash between investors and the firm. Financial managers view the firm on a more global level. They are faced with managing the firm’s investments and how the funds are raised for these investments.
Financial managers are growing more e...