Answer to Question #303231 in Management for Bobo

Question

Think and create your own bank company name and describe the function of Finance Manager or describe the Financial Management of your bank.

Answer 1

Smart People Bank

At Smart People Bank, the financial manager has different roles that ensure meeting the financial needs of the bank. Since it is only through this that the continued viability of the bank is guaranteed. Core functions that the Smart People Bank finance manager supervises include determining profitability, monitoring and controlling cash flow, and managing expenses. Additionally, the finance manager ensures that the financial information produced is accurate. Moreover, the finance manager makes decisions related to dividends and areas that the bank seeks to invest.