Although many people choose to refer to their profession as little more than bean counters, the success or failure of many large companies lies very heavily with the finance managers. Let me assure you that the finance manager job description entails quite a bit more work than simply ‘counting beans’.
Few decisions are made by large corporations without the decision makers having an in depth consultation with their finance managers, so that they can fully understand the current financial impact and future financial ramifications their choice may have for the company.
Finance managers are also responsible for seeking out areas where a company can make cutbacks and save money without hurting productivity. It might be something simple like a company is wasting money through buying too expensive brands of pens and paper. In other cases, it might be a more complex issue. A restaurant chain may find that one of its most popular sellers in most markets, does not sell as well in other markets. Their inventory process though might look at the broad picture of what they are selling and result in some locations storing inventory of products that are not selling well in their market and simply going to waste.
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