Definition: [faɪˈnænʃl ˈmænɪdʒər] is one of the toppers, responsible for regulation of cash flows in business, planning, and reporting. He or she defines economic policy, develops and implements measures to ensure pecuniary stability in view of market conditions. Such an expert reports directly to the general chief. His/her duties include:
- Control costs and ensure the effective use of resources
- Tax planning
- Ensuring economic security
- Analysis and reduction of possible risks
- Study of company’s transactions
- Managing the team of accounting services
Financial manager In a Sentence:
- Due to miscalculations of the financial manager, the firm suffered a quite significant loss.
- The financial manager accurately predicted future risks, thanks to which the toppers coped to get around a lot of problems.
Synonyms and related words: CFO, fiscal director, economic manager
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