Career Opportunities in Finance
The
word financial in a job description usually is a very wide term &
reveals very little about the work content. The financial jobs can be
categorised into those are in a corporate organisation and those in a
financial institution.
(Designations differ in organisations. Head of a dept or function can be
designated as Manager, Vice President, General Manager etc.)
Financial
jobs in corporate organisations:
Typically in a corporate there is a chief financial officer (CFO).
Controller (internal financial activities) and treasurer (external
financial activities) report directly to CFO. In many companies, strategic
& long range planning has considerable finance content & may also
report to CFO.
Jobs concerned with the collection, measurement and evaluation of
financial data generated from internal operations are placed under the
Controller. Generally CA/MBA (finance) are preferred for these positions.
An organization relation with financial markets and institutions are under
supervision of Treasurer. Responsibilities including management of bank
lines, credit facilities, offshore financing arrangements etc. Generally
activities related to M&A are also grouped under the Treasurer. This
area is generally preferred by the MBA's as this gives an opportunity to
interact with financial sector & shift to it.
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