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What Are the Functions of the Corporate Financial Manager?

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What Are the Functions of the Corporate Financial Manager?

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Corporate financial managers oversee all financial departments. cash image by Mat Hayward from Fotolia.com Corporate financial managers, also called Chief Financial Officers (CFO) or Controllers, fulfill a wide range of functions related to the financial performance and sustainability of the companies they serve. A CFO is often one of the most senior officers in a firm, putting in long hours and a displaying a total commitment to the success of the organization. According to payscale.com, the average salary range for top level financial managers is between $80,000 and $180,000 per year. Financial Oversight Corporate financial managers serve as the highest authority in all finance-related departments, including accounting, accounts payable, accounts receivable and the internal audit department. Top departmental managers in these areas often report directly to the financial manager, who must be thoroughly knowledgeable about the policies, procedures, current issues and staff members of t

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