The Importance of Company Financial Management - PowerPoint PPT Presentation

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The Importance of Company Financial Management

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All companies rely on their staff to do their best for the advancement of who they work for. A financial department is important to work out budgets and to provide future financial forecasts. – PowerPoint PPT presentation

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Title: The Importance of Company Financial Management


1
The Importance of Company Financial
Managementhttps//www.pro-recruitment.co.uk/prog
roup
2
Companies rely on their workforce to produce
goods and services for it to prosper and survive.
However, financial management is at the root of
every business. Decisions have to be made and
budgets set for all transactions that are
made.If you want to advance your career and
have more say in how a finance department is run,
you will certainly have looked at Finance Manager
Jobs in London. After all, our capital is where
many prominent financial institutions are
located.There are many companies that need
finance managers. Some of the prominent ones are
of course financial institutions, charities,
large multinational corporations to name but a
few. If you are a savvy networker you can raise
your profile through personal contacts and social
media.
3
Whoever we are, an individual or indeed a large
organisation, all of us have to work to a budget
in order to make sure that we work to stay
solvent. The financial management team does the
same thing. Depending on what kind of managerial
job you are seeking, you will undoubtedly know
that if you work for a small set up your primary
duties are for collating of accounts and
preparing them for presentation. In larger
companies, however, your duties are quite
different. You will be more involved with the
strategy of analysis. This will involve
predicting future trends by studying current cash
flows. The tasks are endless and you could only
head a financial unit if you can deal with stress
well.
4
Of course, stress in a large organisation is not
all yours, but also the team that you are working
with. The difference is that you will ultimately
be responsible if things do not go according to
plan. If you are an experienced manager and you
have been in finance for some time, the salary
rewards can be high. If you have just qualified
as an accountant you may have to start at about
30 to 35,000. Of course, during this time you
will gain a lot of experience and you can expect
to climb the salary ladder quickly if you prove
to be a real asset to your team. Especially if
you are in the financial insurance business, you
will have to expect a basic salary with bonuses
at the end of the financial year.
5
These bonuses may not come in immediately and
will probably be paid out if you have been with
the firm for a couple of years. You will just
have to be patient with that/. Meanwhile you can
suss out during that time if you have prospect
for advancement so your salary will go up and
bonuses larger. I have known people that have
been in a stagnant position in this field and had
to forego their bonuses because they decided to
change jobs. If you are looking for Finance
Manager Jobs in London please visit
https//www.pro-recruitment.co.uk/profinance/
6
Pro-Recruitment Group Ltd https//www.pro-recruitm
ent.co.uk/progroup Telephone 44 (0)20 7269
6333 Email Info_at_pro-recruitment.co.uk20 - 23
Greville StreetLondon, EC1N 8SS
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