CFO Question:
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Explain me what are the main duties and responsibilities of a finance executive?

Answer:

Recurring Duties:
☛ Deciding the financial needs
☛ Raising the funds required
☛ Allocation of funds
☛ Fixed assets management
☛ Working capital management
☛ Allocation of Income
☛ Control of Funds
☛ Evaluation of Performance
☛ Corporate Taxation

Other duties:
To prepare annual accounts, carrying out internal audit, safeguarding securities, present financial reports to top management. Etc.

Non recurring Duties:
☛ Preparation of financial plan at the time of company promotion
☛ Financial adjustments in times of liquidity crisis
☛ Valuation of the firm at the time of acquisition and merger etc.

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