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