Activity 3: What a News! Direction: Look for an article or news clip that reports something about the role of the financial manager. Copy or cut and paste it on a separate worksheet. Having the article as a reference, complete the following: Case Facts Kind of Finance Manager His functions Responses (with discussions) His roles His skills
Answer (1)
Case Facts: The article should talk about the role of the financial manager in an organization, such as managing funds, investments, and ensuring the financial stability of the business.Kind of Finance Manager: A corporate finance manager or business finance manager depending on the company.Functions:Budget planning and allocation.Managing company assets and liabilities.Financial forecasting and risk management.Ensuring compliance with regulations.Responses (with discussions): The financial manager ensures that every department operates within the budget while maximizing profit. They analyze financial data to make strategic decisions.Roles:Decision-maker in financial matters.Advisor to executives.Overseer of accounting and auditing processes.Skills:Analytical and critical thinking.Knowledge of accounting and finance systems.Leadership and communication to explain financial strategies to non-financial staff.
