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Sir what is life structure of financial manager means hows financial manager day look like what amount of money he earned etc


Prakhar 18th Jul, 2019
Answer (1)
Deepika Student Expert 19th Jul, 2019

dear aspirant,

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.


Duties of Financial Managers

Financial managers typically do the following:


Prepare financial statements, business activity reports, and forecasts

Monitor financial details to ensure that legal requirements are met

Supervise employees who do financial reporting and budgeting

Review company financial reports and seek ways to reduce costs

Analyze market trends to maximize profits and find expansion opportunities

Help management make financial decisions

The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers' main responsibility used to be monitoring a company's finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.

hope it helped.

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