Financial Management Company

Financial management is directly related to the management of the financial condition of the company. The financial condition of the company, the most important characteristic of its activities. It reflects the potential in the business, competitiveness, assess the degree of assurance of the economic interests of the company and its counterparties. At the company's financial influence all components of management, which can be divided into HR, finance, production, marketing, research papers, logistics and research and design robots. The main purpose of financial management is to maximize company's market value, to realize that in the management of the company should take a decision on three key areas: management of sources of resources, investment policy, dividend policy. The above directions are mutually conditioned, decisions on specific areas of investment are multivariate because they all have certain risks. Financial management of the company can considered as a single administrative package that includes: management of credit operations, risk management, management of securities transactions, management of real estate transactions, investments, foreign exchange management operations.

Financial Management Company serves as the organ of management and as a form of economic activity. Managerial staff of the financial sector in joint-stock company headed by a financial rule director, which is subordinate to the financial department, accounting, planning and economics department, a laboratory of economic analysis. The main directions in financial management are: the definition of goals and objectives of financial development, the definition of financial policies and programs of financial development of the company and its structures, development trends of the investment policy framework opredlenie credit policy; Budgeting estimates of funds to business units, creating cash flow plan, business plan development, implementation of payments to suppliers and contractors, ensuring financial activities; mortgage insurance, leasing, trust and other financial operations, business risks, management accounting and financial analysis. In large companies it is expedient select group of financial managers assigned to each particular course. The chief financial manager at the same time be put at the head of the group. In a market economy, one of the key positions in the company is financial manager. Its tasks can be grouped as follows. 1.

Credit and financial planning. Interaction with the banks on the cash execution of business plans and loans. 2. Direct opertsionnaya activity that is associated with ongoing costs, sales, distribution of profits. 3. Interaction with financial markets (securities, foreign exchange market, forex, credit, etc.) 4. Capital investment and acquisition intangible assets. 5. The analysis, ratings, internal audit, information. 6. Control of the movement and the financing of working capital and fixed assets. 7. Interaction with the state on taxes and mandatory deductions. As you can see, the financial manager is responsible for the financial problems, an analysis of the effectiveness of one or another of their decisions, and sometimes for making the final choices.