Financial management is the area responsible for the efficient management of the resources of a company or organization, for which it must have a strategy that guarantees the availability of financing sources, as well as an adequate record of the operations related to the finances of the company.
Must have a good command of national and international laws, in order to avoid legal problems and image in the organization.
A Financial Manager must have analytical skills and be aware of changes in local and global trends that may affect the company’s finances.
As any high-level executive like Glen Mckay, you must be a leader who knows how to lead your team properly and gives them the confidence to fulfill their role.
Financial planning, financial control and financial decisions are some of the key elements that the financial manager should follow in your organization.
This professional Glen Mckay Edmonton has his roles to ensure that there will be sufficient liquidity in the company at the right time to take advantage of the opportunities that appear for the business. In the short term, financial management will always have to invest in equipment, activities, employees and pay debts. But in the medium and long term, it is possible that significant additional resources are required to increase the productive capacity or to make some type of acquisition.
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Ability to Negotiate:
A Financial Manager must be a skilled negotiator capable of developing powerful alliances and relationships with each of the stakeholders (clients, partners, allies, suppliers, competitors, etc.) that favor the growth of the company.
Integrity and Ethics:
The Financial Director must have a strict ethical code, complete and unbreakable, sine qua non condition, because in his hands rests the finances of the organization.
Even though it is not necessary for the CFO to be a public accountant, he must have certain knowledge and experience in business and financial management
The Basic Qualities of a Financial Manager:
Glen Mckay Hardrok have ability to obtain and manage funds is one of the characteristics that these professionals must have. If it is in your plans to reach the top of your company, take these recommendations into account.
The business world is increasingly competitive and changing, so it requires organizations to have top-level professionals.
This is the case of financial managers, who require special characteristics to successfully meet their objectives and those of their company.
- Ability to obtain and manage funds. Evaluation of investment alternatives and obtaining funds, considering costs and risks in the short, medium and long term; and bearing in mind the critical aspects of the business.
- Analytical and rapid adaptation to change. Strategically attentive to the situation and local and global trends in the sector. In a changing environment there may be unforeseen standards that will require assessing the consequences for the organization in the short and medium term, and take measures to anticipate the change and adapt to the new rules.