Introduction
The Finance & Retail Managers duties significance in achieving any company’s profit and target, Financial plans and budgets and its role and importance in a company’s organizational structure on long and short term to control the capital and assets of the company. In the end an illustration of the impact of having a Commercial Manager in a company in communicating, planning and giving feedback about the current status of purchasing and about how much the company has achieved its goals and profits.
Finance & Retail Manager Main Duties
The role of Finance & Retail Manager comes with a variety of responsibilities in an exciting area of business. As Finance Manager role is to manage the on-site revenue generation, administration and report on the center expenditure, while as Retail Manager’s part is to run our
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Educational requirements are not consistent throughout the business, and various employers may require a certain amount of formal training or even a college degree. Communication Skills is one of the main skills required, negotiation skills, marketing skills, analytical reasoning, ability to persuade others, and the ability to work under all circumstances, confidence and being reliable. Also being dynamic, energetic senior leader is a great benefit.(http://www.jobisjob.co.uk )
Analyzing performance and strategic planning is the main key to being a successful commercial manager. Risk management also is a common function of a commercial manager. When creating financial or marketing strategies they attempt to generate the highest profits while exposing a company to the most minimal degree of risk. In most cases, they present findings to executives who make the final decisions regarding a company's actions. Commercial managers are required to utilize their knowledge of business law to verify, oversee or approve commercial.
The financial department requires highly adept employees with thorough knowledge and/or experience with accounting and bookkeeping. This is a department that should be managed keenly ...
Due to the importance of their positions the clinic manager should possess the following skills: critical thinking, active listening, decision making, comprehension, accounting basics, excellent written and oral and ability to be a team player. Each of those aforementioned skills, when combined together, makes a strong leader. For example, critical thinking is being able to think outside the box of normality. Looking at issues and questioning what, when, how, why, etc. to find a resolution or different answer to a concern. Critical thinking can also be used in everyday mundane routines, looking at why something works well and implementing new ideas to make the task even better. Or the possession of excellent written and oral communication skills. The manager is the face of the clinic and the voice of the physicians and he/she must be able to comprehend the task at hand and articulate the needs of physicians in a way that the patients and staff can
In the business world you need to have the ability to adapt with the skills listed below. This would include listening skills, assertiveness, negotiable skills, ability to handle criticism or feedback both good and bad. The ability to persuade and interview potential clients, customers, partners & employees.
The marketing managers enhance good marketing segmentation, encourages sale of different products and good market research skills.
Even the slowdown in current global economies could not bring retail sector down as retailers keep seeking for opportunities overseas to avoid challenging economic condition, which make this sector becoming more globalised and competitive. As an heir of an industrial components retailer, I also believe there are bountiful opportunities to grow in this emerging industry. But without deeply and truly understanding in every aspect of retailing, one could not survive in the battle. For this reason, I would like to pursue my education further by studying Master in retail management to obtain knowledge in retailing and hopefully become successful in the field.
As the economy expands and employment opportunities increase, the need for workers with financial expertise will go up. I will enter the workforce at an excellent time to pursue a career as a financial manager. The information I have acquired concerning this field including opportunities, salary, and working conditions will justify my decision to obtain a position as a financial manager for a major corporation.
Most of their answer was to be a leader most has a available and how he deal with staff. The leader should be good follower and responsibility about the work. Also should has a vision about the future.
When I think of a financial manager, accountant quickly comes to mind. The role of accountant and financial manager are similar in several ways and often times they work closely together on various projects. The role of an Accountant is to ensure that their organization is run efficiently, make sure their records are accurate, and that their taxes are paid properly and on time. Accountants perform a broad range of accounting, auditing, tax, and consulting activities for their clients. They record and analyze the financial information of the companies for which they work. Other responsibilities include budgeting, performance evaluation, cost management, and asset management. “The role of the financial manager has expanded beyond traditional responsibilities related to company's finances. A financial manager, through his/her understanding of the company's financial health, the current market, and the goals of the company, helps set direction and guides decision making.” Financial managers perform several different task related to finance for their organization they normally oversee the preparation of financial reports, direct investment activities, and implement cash management strategies.
There are many different job descriptions when being a marketing manager that would want some to become one. Usually when someone is a marketing manager they are creative in many ways than one. “Their day-to-day tasks include managing and coordinating marketing and creative staff, leading market research efforts to uncover the viability of current and existing products/services, and liaising with media organizations
...c management or planning presents a structure or agenda for dealing with issues and solving problems, therefore, understanding potential risks or pitfalls of strategic management and being prepared to deal with them is critical and vital to success. Strategic management not only permits top leaders and managers to be more proactive than reactive in building or developing their own potential or outlook in an organization, and it also lets them to make the first move and influence activities, consequently, executives and management can control or in charge of the company’s own future, and achieve its main goals and objectives. Overall, increasing cost-effectiveness and efficiency, improving the value for its stakeholders, and advancing customer services and management excellence are the key objectives of strategic management and decision making in an organization.
This paper will discuss the role of the financial manager and how that particular role, in the area of corporate expertise, differs from that of the shareholder and of the employee. The discussion the paper provides will help determine how the financial manager maximizes shareholder value in today's financial market. Lastly, the viewpoint of the financial manager will be compared to that of the shareholder and employee.
Managers spend a considerable amount of their time having to deal with information, making decisions, and interacting with others. Simply stated by Williams and McWilliams (2013) “management is getting work done through others.” Managerial roles can be broken up into three major roles, according to researcher, Henry Mintzberg, these three categories are as follows; interpersonal roles, informational roles and decisional roles. Within theses major roles there are a total of ten subroles. “[These] ten roles are common in all managerial jobs regardless of the functional or hierarchical level. (Grover, et al. 1993, p.110) Liaison is an interpersonal role, interpersonal roles, as the name suggests, is focused on communication between people. Fulfilling this role means managers perform the three subroles, figurehead, leader and liaison.
A sales manager has many responsibilities such as spreading product to customers, setting sales areas, goals, and analyzing sales data (“Sales Manager” What’s para. 1). Although a sales manager performs many duties, people in this position will also set a sales goal for the year, and will build a sales outlook on what they will do in the upcoming years (“Sales Manager” Sokanu para. 1).A person in this position will also manage where the goods and products their company will be distributing by giving certain sales area where a salesman will work and sell the product (“Sales Manager” Sokanu para. 2). During work time, a sales manager may be asked to hire and train a new salesman added to his team (“Sales Manager” Sokanu para. 3). Occasionally, a sales manager will interpret sales statistics in a specific area when looking where to assign certain salesman to a sales territory (“Sales Manager” Sokanu pa...
I firmly believe that my present role as a Sales and Marketing Assistant is a skilled type of employment because my skills and educational qualifications represent a background of increasingly important assignments within the company. These experiences have given me the opportunity to make many profitable contributions in a number of functional areas.
The major objective of any company is to make profits. Marketing is responsible for identifying a company’s customers anticipating their needs and wants, satisfying theses needs while keeping the its major goal which maximizing profits