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Wednesday, February 1, 2012

Financial Management

          Larger businesses typically divide their finance activities into treasury and control functions, whereas smaller firms often combine these functions. The treasurer is responsible for managing the firm's cash, acquiring and managing the firm's assets, and selling stocks and bonds to raise the financial capital necessary to conduct business. The controller is responsible for cost a accounting, financial accounting, and tax record-keeping activities. Entry-level career opportunities include:

  • Cash management analyst: involves monitoring and managing the firm's day-to-day cash inflows and outflows.
  • Capital expenditures analyst: involves estimating ash flows and evaluating assest investment opportunities.
  • Credit analyst: involves evaluating credit applications and collecting amounts owed by credit customers.
  • Financial analyst: involves evaluating financial performance and preparing financial plans.
  • Cost analyst: involves comparing actual operations against budgeted operations.
  • Tax analyst: involves preparing financial statements for tax purposes.

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