FINANCE MANAGEMENT
Building on those pillars, financial managers help their companies in a variety of ways, including but not limited to: a) Maximizing profits Provide insights on, for example, rising costs of raw materials that might trigger an increase in the price of goods sold. b) Tracking liquidity and cash flow ensure the company has enough money on hand to meet its obligations. c) Ensuring compliance Keep up with state, federal, and industry-specific regulations. d) Developing financial scenarios that are based on the business’s current state and forecasts that assume a wide range of outcomes based on possible market conditions. e) Manage relationships dealing effectively with investors and the boards of directors.
