The Financial Manager
Large businesses are notable for the fact that their owners (stockholders) are rarely actively involved in company decisions, especially on a day-to-day basis. Instead, managers are hired to represent the interests of the owners and make decisions on their behalf. The finance manager at a major business would be in charge of addressing the three issues (see this).
A top official of the company, such as a vice president of finance or another chief financial officer, is generally in charge of financial management (CFO). The treasurer and controller’s operations are coordinated by the vice president of finance. Cost and financial accounting, tax payments, and management information systems are all handled by the controller’s office. The treasurer’s office is in charge of the company’s cash and credit, as well as financial planning and capital expenditures.
