![]() ![]() ![]() The most essential part is to possess knowledge on regulatory norms with respect to tax, law and regulation which is designed for specific industry.Įarlier the role of financial manager was limited to monitoring a company finance. Likewise, a stock market, fund manager should have in depth knowledge about share trading and investment banking. A Health care financial manager should be aware of health care finance. For example, Financial managers for government sector requires an individual who is equipped with government appropriations and budgeting. The financial strategies, expertise and analysis vary from one sector to another sector. ![]() However, the role and job managed by all of these mentioned are primarily inclined towards finance. These designations are based on the sectors of the organization. Financial managers are also identified by different terms and they are Finance director, Money manager, Commercial director, head of finance, Chief finance offer, Treasurer etc. To emphasize and scrutinize these critical elements in a more organized manner, every organization ensures to have a proficient skilled individual – Finance Manager. Financial health of an organization can expresses the current and future shape of an organization. It includes expertise study and analysis of overall activities which has an impact on monetary factors. Finance is just not restricted to money inflow and outflow. The flow of finance is needed in order to have smooth operations of business activities. ![]()
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