| One of the most important functions in any | | | | The finance manager will also compile reports that |
| company is that of the finance manager. For | | | | show all of the conditions within his department |
| those who are uninformed, they tend to think the | | | | including expenditures, open invoices, production |
| sole function of this position is that of the head of | | | | standards, quality control standards, and timeliness |
| Accounts Payable and Accounts Receivable, but it | | | | of both payment of invoices and processing of |
| goes far beyond that capacity. In fact, the | | | | payments. The finance manager is also responsible |
| finance manager is in charge of any financing and | | | | for the billing operation of the Accounts |
| accounting function throughout the company. | | | | Receivable Department and making sure that |
| The role of this position involves that of not only | | | | guidelines for timely billing are followed as well. |
| financing functions such as Accounts Payable, | | | | The finance manager also is the one who will |
| Accounts Receivable, and Billing, but it also | | | | work with other executives in order to develop |
| involves that of budget projections and working | | | | the budget for each year. He will work with the |
| with the Chief Financial Officer to make sure that | | | | Chief Finance Officer and Chief Executive Officer |
| the company's funds are stable and assisting with | | | | in order to develop an equitable solution for each |
| any budget cuts that become necessary. | | | | year's expenditures in both staff, office supplies, |
| The finance manager is the head of both the | | | | and any other needs that they company has |
| Accounts Payable and Accounts Receivable areas | | | | including training, business trips, out of town |
| of the company. As such, he will be the one to | | | | meetings, and staff entertainment expenses. The |
| set policy and direct procedures for both areas of | | | | finance manager has a very important position |
| business. That includes hiring staff based upon | | | | within a company, and his decisions will determine |
| need, following budget guidelines for expenses | | | | the financial stability of the company, at least |
| including staffing, assuring that procedures are | | | | within the areas that fall under his control. It is |
| followed by all staff members, setting reasonable | | | | also his job to make certain that other |
| quota system to assure work is completed in a | | | | departments and areas of the company follow |
| timely fashion, and interacting with department | | | | their budgets and make the most use of the |
| supervisors on a regular basis in order to stay | | | | company's money by avoiding frivolous expenses. |
| abreast of happenings within the department. | | | | |