2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
In today's world, the financial situation of many companies, small and large commercial enterprises that have long been on the market and have occupied their niche, is very precarious. It is all to blame for the constant fluctuations in exchange rates, the unstable geopolitical situation and many other factors that hinder international trade and business development at the global level. Financiers will help solve specific problems in each individual company. But how?
Who is a financier
A financier is a person associated with the economic sphere. This is a specialist who controls all financial transactions of the company. He can conclude agreements with partners, work on an effective investment of financial capital in order to increase the company's income, control the company's budget receipts and expenses, and ensure that the company does not lose money.
Notit is worth forgetting that a financier is an economist in the first place, that is, an analyst, and only then a business and sociable person who knows how to look for business partners and conclude profitable contracts. Based on this, a specialist must analyze the financial activities of his company, as well as competing enterprises, in order to choose the most successful development strategy, investing money, etc.
Responsibilities of a financier
A specialist in this field performs important functions in any company: he is responsible for financial strategy, income and expenses, as well as reporting on the company's cash operations. Therefore, it is his responsibility to prepare the necessary documentation, reports, orders, instructions.
A financier is a specialist associated with cash flows. Therefore, he must have knowledge in accounting in order to competently keep records of all financial transactions that take place in the enterprise under his supervision.
Another official duty of a financier is to constantly study the market, its trends, competitors' strategies, as well as analyze the economic and financial situation in their own company in order to maintain and increase income.
Qualities and skills of a financier
Not everyone can build a career as a financier. A profession is a matter of life. Therefore, the one who chooses the speci alty in question must have a number of personal qualities that will allow him to succeed in this field.
A financier is a person who carriesresponsibility for the material well-being of the enterprise, therefore, he must have certain personal qualities that will allow him to effectively fulfill his official duties.
So, this specialist must be sociable and polite in order to communicate with partners and close deals. He is also required to be diligent and attentive, have an analytical mindset in order to find new strategies and development paths for the enterprise.
Logic is the tool that the financier will have to resort to very often. Thanks to her, he will be able to competently and consistently present his own ideas and argue his point of view.
Flexibility of the mind will always help to find a profitable solution in a given situation. Since the state of the foreign exchange market is constantly changing, the financier must choose a development strategy that can be easily adjusted due to specific circumstances.
Prospects for the profession
In the modern world, the profession of "financier" is a promising life path that opens up huge opportunities for a specialist. First, he must cooperate with other companies, and this is a way of acquiring connections in the market area. In addition, if you have to deal with foreign enterprises, a financier can practice knowledge of a foreign language, visit other states, going on business trips.
Secondly, talented and successful specialists in this field have a large salary, because they provide materialwell-being of the whole company, that is, they occupy a very responsible position, which should be well paid.
Third, building a career in this field is a great way to continually grow as a person, improve your communication skills, and improve your professional skills. Such a person always remains interesting and noticeable in society, attracts the attention of successful people.
Russian Financier's Day
This holiday is traditionally (since 1802) celebrated in our country on September 8th. The date was not chosen by chance: on this day, more than two centuries ago, Emperor Alexander I established the Ministry of Finance, which since then has been monitoring the monetary manipulations taking place with the state treasury, distributing capital between various areas.
Since then, the financier has been a respected profession. No company can function without specialists in this field, and no enterprise is able to develop.
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