Question

key activities of the financial manager

Answer 1

The key activities of a financial manager are:
1) Financial planning - The financial manager
has to prepare an annual budget and monitor the
budget with the expenses.
In addition, the financial manager has to prepare
a financial plan that projects income and expenses into
the future.
2) Financing - The financial manager has to decide how to
raise funds whether through debt or equity. The financial
manager also has to determine the cost of capital.
The cost of capital is the cost of raising funds.
3) Investing - The financial manager has to decide how much to
invest and where to invest the available funds of a company.
The goal of a financial manager is to invest the money of a company
in projects that will provide a return that is more than the cost
of capital.