It describes basic financial management and qualities of a CFO as well as how to become a good CFO

1. Advance Financial Management
General Financial Management
&
Role, Qualities of a CFO
&
How to become One

2. Introduction
‘Financial Management’may be defined as the art & science of
managing money. FM is concerned with the duties of the
financial managers in the business firm.

3. Functions of Finance
Investment Decisions Financing Decisions Dividend Decisions
• Capital Budgeting
• Working Capital
Management
• Capital Structure
• Cost of Capital
• Dividend
Policy

4. Objectives of Financial Management
• Wealth Maximisation
• Profit Maximisation

5. Qualities of a CFO
• Uncompromising Integrity And Ethical Standards
• Basic Business Knowledge And Strong Understanding Of
Company Operations
• Strategic Vision And Leadership Skills
• Strong Work Ethic
• Problem-Solving Abilities
• Results-Oriented Mind-set

6. Role of a CFO
• Chief Financial Officer (CFO) should:
 Develop structure for annual planning
Budgeted capital expenditure
Evaluate lease V/s Purchase decisions
Adapt to changing conditions
Work closely with other Department heads

7. How to become a CFO
• Develop various skills like communication, leadership,
motivation & understanding business strategy
• Accept Promotions
• Don’t hesitate to take higher positions outside current
organisation
• Learn from people who have worked their way up the Ladder
• Be a self-Starter
• Stand out and be Noticed