The finance function in companies: What do you need to know about it?

The finance function in companies: What do you need to know about it?

The finance function is of paramount importance in companies both large and small. Not knowing what we mean by the finance function, you probably have a lot of questions about it. In order to answer some of these questions, we invite you to discover more about the finance function.

General information about the finance function in companies

Finance has a very concise objective, it improves the performance of companies in the long run while avoiding risks. For this reason, it is mainly concerned with various investment decisions that can attract considerable profits to the company.
Indeed, the finance function plays several roles in companies to achieve these objectives. First, it ensures the development of companies by promoting the acquisition of the necessary funds. Secondly, it is responsible for risk management.
Finally, the finance function assists in the financial decision-making of the company. All financial decisions must necessarily go through this function. Considering these various roles, this function is not only in charge of the financial side, but also the budgetary and strategic side.

The various professions linked to the corporate finance function

The corporate finance function being a large sector of activity, if you have studied in this field, several categories of jobs are available to you. These include management, accounting, finance and finally controlling and consulting.
In the management category, you can become a financial director, an administrative and financial director or an accounting director. In the finance category, you can become a treasurer or a tax lawyer.
In the accounting category, you could become an auditor, a chartered accountant or an accounting manager. In the last category, finance, you can become a management controller or an internal auditor.

On the same subject

Exploring The Benefits Of Tailored Accountancy Services For Diverse Client Needs
Exploring The Benefits Of Tailored Accountancy Services For Diverse Client Needs
In the ever-evolving landscape of finance and commerce, the role of accountancy cannot be overstated. With the rise of diverse business models and individual financial scenarios, the call for bespoke accountancy services has never been more pronounced. Whether navigating the intricate tax...
Maximizing Your Rental Income: Strategies For Apartment Investments In Ski Resorts
Maximizing Your Rental Income: Strategies For Apartment Investments In Ski Resorts
Embarking on the journey of apartment investment in ski resorts can be a thrilling venture, promising not only a refreshing twist to your portfolio but also the potential for lucrative returns. At the heart of this endeavor lies the opportunity to maximize rental income, transforming seasonal...
How to manage your finances well?
How to manage your finances well?
Do you find it difficult to manage your finances effectively? If so, you should know that to manage your finances well, you need to adopt new habits and change some of them. Since there are many habits, it is not easy to know them all. So, to make it easier for you, we invite you to discover more...
3 jobs to know in the banking and finance sector
3 jobs to know in the banking and finance sector
Do you want to study banking and finance at university? If so, you are probably wondering what opportunities are available in this field of study. Indeed, this branch of study leads to several types of jobs. If you are wondering what these are, we invite you to discover some of them through this...
How can you save money if you have a small salary?
How can you save money if you have a small salary?
In order to prepare for your old age, even if you only receive a small salary, you must save. Saving money is important in the life of every human being, so your salary, however small, should not hold you back. For this reason, there are several tips that can help you save money. So, find out in...
What skills are driving the evolution of finance functions?
What skills are driving the evolution of finance functions?
As finance functions are numerous, they require more skills from the professionals working in these jobs these days. Indeed, if you want to become good at this field of activity, you need to know the skills that are most in demand. To this end, we invite you to discover them through this article...