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A financial manager is responsible for providing financial advice and support to clients and colleagues to enable them to make sound business decisions.
They may be employed in many different environments including both public and private sector organisations, such as:
Financial considerations are at the root of all major business decisions. Clear budgetary planning is essential for both the short and long term, and companies need to know the financial implications of any decision before proceeding.
In addition, care must be taken to ensure that financial practices are in line with all statutory legislation and regulations.
Financial managers may also be known as financial analysts or business analysts.
The roles of financial managers can vary enormously. In larger companies for instance, the role is more concerned with strategic analysis, while in smaller organisations, a financial manager may be responsible for the collection and preparation of accounts.
In general, tasks across roles may include:
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