Finance Functions
The functions of Financial Manager can broadly be split into two: The Managerial Functions and The Routine functions.
Managerial Finance Functions
- Investment of Long-term asset-mix decisions
- Financing decisions
- Division of earnings decision
- Liquidity decision
Routine functions
- Supervision of cash receipts and payments
- Safeguarding of cash balance
- Custody and safeguarding of important documents
- Record keeping and reporting.