Job Essay Example | Topics and Well Written Essays - 2000 words

Job - Essay Example They must be perfect and timely as well as compliant with the set financial laws and regulations. Notably, the job market for financial managers is very competitive and equally growing. However, financial managers with knowledge on international finance and financial instruments and securities have a competitive advantage. Ideally, every company or government agency will require one or more financial managers to oversee its financial operations. In this context, job analysis for a financial manager will help our company and me to recruit the best person for the job in the financial market. There is one vacant position for a Financial Manager in our company. Job Description Having been a Financial Manager, I ascertain that a financial manager in our company bears the responsibility for all financial control and reporting aspects and links the finance department with the upper management. A Financial Manager also analyses accounting data to maximize the company’s working capital , reduce operational costs and improve the overall performance of the company. The Financial Manager ensures that the company’s financial reports comply with the Generally Accepted Accounting Principles (GAAP) and other industry regulations. He equally provides financial advice and support to the management to enable them to make sound financial decisions. A financial manager will produce cash-flow statements, direct investment activities, design profit projections, design long-term financial strategies and plans to ensure the going concern of the company. Ideally, the responsibilities and tasks of the financial manager will include: Preparing  and interpreting financial reports, monthly and annual financial accounts. Preparing, managing, and interpreting... In conclusion, the author's find that job analysis is a very fundamental part in the hiring process, because clear understanding of job analysis ensures that the managers can establish the observable tasks and activities as well as identify specific job responsibilities. Additionally, job analysis promotes assessment and selection decisions, which help in identifying the best person for the job. Aspects like the recruitment and section plan, job description, training and development, and performance evaluation rely on the manager’s knowledge on job analysis. This paper approves that training is a very fundamental aspect in financial management, and financial managers should receive constant training as the financial market keeps changing. We experience constant changes in the financial world and the financial managers must attend trainings to equip themselves with the new dynamics in the financial sector. As such, even after attaining the relevant financial achievements and securing employment, many financial managers engage in financial management training which boosts their growth and performance. Subject to the significance of their responsibilities, the management facilitates the training of the financial managers. Such training may relate to the principles of insurance, accounting standards and principles, risk management, direct investments among other relevant topics. Banks, universities and other organizations perform financial management trainings.