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1. Contents
• Introduction of Manufacturing Company
• Overview of Financial Management
• Who is a Financial Manager?
• Types of Financial Managers
• Roles and Responsibilities of Financial Managers
• Skills required for Financial Manager
• Some necessary examples
• Bibliography

2. Manufacturing Industry
• Manufacturing simply refers to the process wherein raw materials get
converted into finished products either for further sale or for ultimate
consumption.
• Manufacturing Industry refers to those industries which are involved
particularly in the manufacturing process.
• Examples of Manufacturing Companies: Apple , General Motors.

3. Financial Management
• Financial Management can be defined as the science and art of
managing money.
• Financial Management (or business finance) is concerned with
managing a corporation`s money.

4. Who is a Financial manager?
• A financial manager is a person who manages the finances of a
business entity both efficiently and effectively.

5. Types of Financial Manager
• The top Financial Manager within a firm is usually the Chief Financial Officer
(CFO).
• Treasurer – Oversees cash management, credit management, capital
expenditure and financial planning.
• Controller – Oversees taxes, cost accounting, financial accounting and data
processing

6. Financial Management Activities
• Capital budgeting
• What long-term investments or projects should the business take on?
• Capital structure
• How should we pay for our assets?
• Should we use debt or equity?
• Working capital management
• How do we manage the day-to-day finances of the firm?

7. Role of a Financial Manager
• Provide information about the interest rates at which the company is
willing to take loans.
• The future cash flow needs.
• Recommendations about taking short-term loans or self-financing.
• Recommendations of long-term debt increase or issue of share; or a
combination of both.
• Availability of risk management techniques.
• The economic units production and its impact on the existing and
planned project.

8. Functions of a Finance Manager
• Estimation of Capital requirement
• Determination of capital composition
Own capital
Owed capital
• Choices of sources of funds- In order to procure additional funds a
company has many choices like:
Issue of shares and debentures.
Loans to be taken from banks and other financial institutions.
Public deposits to be drawn in the form of bonds.

9. …contd
• Investment of the funds
• Disposal of Surplus : Dividend Declaration
Retained earnings
• Management of cash
• Financial control

10. Finance manager role in Current Time
• Understanding the implication of corporate social responsibility with
respect to profitability.
• Decision on the optimum size of the firm
• Decision on stock option , perquisites and bonuses.
• Understanding and applying the modern financial instruments such
as factoring, derivative, credit derivative, securitization and venture
capital.
• Transfer pricing
• Understanding the Time Value of Money

11. Skills Required for Financial Manager
• Analytical skills
• Financial managers increasingly assist executives in making decisions that affect the
organization, a task for which they need analytical ability.
• Communication Skills
• Excellent communication skills are essential because financial managers must
explain and justify complex financial transactions.

12. …contd
• Attention to detail
• In preparing and analyzing reports such as balance sheets and income statements,
financial managers must pay attention to detail.
• Mathematical skills
• Financial managers must be skilled in math, including algebra. An understanding of
international finance and complex financial documents also is important.
• Organizational skills
• Financial managers deal with a range of information and documents. They must stay
organized to do their jobs effectively.

13. Example
• Finance manager in HP
• Job Descriptions
Responsibilities :
Manages a large team of individuals by setting and monitoring
performance goals and objectives ,ensuring timely and effective delivery of
audit reviews and programmes.
Drives risk assessments, defines project scope, determines resource
needs.
Interprets significance of audit findings.
Serves as an expert on audit standards and GAAP related issues.

14. • Skills
Content master in the field of internal audit with a complete systematic
knowledge of audit standards and accounting principles.
Excellent presentation, communication, and influencing skills.
Superior Quantitative and qualitative analytical skills.
Excellent financial and mathematical knowledge.
Meets the licensing or certificationrequirements of the country or region
(e.g., CPA or its equivalent)