Saturday, February 2, 2013
Jobs in Finance Handling the Important Financial Responsibilities of a Company
If you have had a job in finances before and are looking to pursue a new career that makes more money, then you may be qualified to receive a job as a finance director. If you were given the opportunity to become a finance director for the company you applied for such as banking jobs or marketing jobs, then you need to know that finance directors not only make a lot more money but they also have a lot of responsibilities to deal with on a daily basis. Some of the job responsibilities may include managing financial resources, supervises business performance, and designs the policies. There are so many more responsibilities but you have to be able to handle everything and to do that having organization skills is the key to any successful job opportunity.
One of the most important tasks you will have to take care of is managing financial resources. You are the one to turn to if the office wants to have a work party or any event that would consider taking money out of the budget. You have to have everything organized so you can be ready to send it to the board of directors. You also have to plan the financial resources for the company because they may want to do something at a later date and you have to be the one to tell them whether the company can afford it or not. If you do a great job at managing financial resources, then the rest of the responsibilities would be really easy for you to complete.
A financial director must supervise business performance because if the business is not doing so great, then it would be up to you whether or not you want to close the doors or think of something the company can do to increase sales. You have to keep track of this portion every week because you may have better weeks than others. It would make things a lot easier on you if you purchase a filing cabinet and take the money out of the budget or use your own personal money to pay for it. This way you if your boss needs a report from a certain day, you will not have to spend hours looking for it when they may need it right away.
If you were to be selected for the position as a financial director, then you need to design the companys financial policies as well as the rules and regulations. You cannot have the employees taking money out of the budget to purchase things for their office every so often because then no one will get paid as much as they should. It is your responsibility to make sure every employee receives one after you have completed it and it was looked over by your boss.
If you have been a marketing manager or a business development manager and have completed some of these tasks at any previous companies you have worked for, then you should be able to handle these responsibilities. This is a lot of work to do on a daily basis but if you are organized then you should be able to handle everything there is to do and complete the tasks before you leave to go home for the day so you do not have to work overtime.