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| *Ostroff, Fair and Company>>>Financial Services |
What would the owner of a large company expect from his Financial Controller/Finance Manager? |
What would the owner of a large company expect from his Financial Controller/Finance Manager? a controller should keep an eye on the incoming and outgoing money. Approving expense accounts, incoming invoices, seeing invoices are paid by the customers. The owner wants to be informed if something happens. A finance manager should keep an eye on everything that is financial. Most importantly the contacts with the banks and other investors (shareholders are mostly for the CEO). The FM should advice on financial, accounting and tax issues (to name a few). Nope Not only to manage finances --- But get Finances! Not to cheat At times it becomes very critical situation in such positions particularly if the owner is not a seasoned or professional person. Then he expects you to know everything he wants, even his whims and fancies, without uttering a word to you. What is your experience? To 'manage' money wisely To Control/Manage his finance Control/Manage his costs, expenses direct and indirect, income, funds, etc Financial controller is like a doctor for your health. The difference is controller is hired by you to work for you permanently and his job is to keep you informed where your company stands financially, what kind of expenses you can expect, when not to over spend, Almost everything to do with money. |
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