Importance of Having a Financial Management Expert in Companies

Importance of Having a Financial Management Expert in Companies


The Professional Master’s Degree in Corporate Finance of TECH is designed with the most complete knowledge to carry out effective financial management strategies.

The business environment has changed, which causes the main functions of companies to change as well. TECH University has created the Professional Master’s Degree Corporate Finance to train experts to handle new challenges and assume the role of Chief Finance Officer who supervises the strategic planning processes related to the financial management department, it handles planning, executing, and analyzing the Finance, likewise, manages the leadership of a company and the decision-making that affects the profitability of capital exchange.

According to experts in this field, those who lead the financial management of a company are the right hand of the CEO when making decisions that affect the results of a strategy, moreover, acts as a promoter of the programs for transformation and efficiency of financial and business operations, regardless of the phase they are in, be it launching, growth or market expansion.

In KPMG’s words “CFOS seek to go beyond their traditional finance function to become true benchmarks for the business, providing valuable and predictive information and thus promoting an evolution of the traditional role of finance within the company.”

In addition to the above, a poll was conducted that established the critical points in which this management adds value to organizations: 62% ensure that they are a strategic partner of the business and proactively manage risks, 65% have a KPIs model aimed at analysing the generation of shareholder value and optimizing the cost of capital.

The 26% expect to increase investment in systems and recent technologies by more than 25% per year, 44% highlight the implementation of specific training and talent programs to improve the skills of their teams, and 56% point to the optimized management of working capital as the most used restructuring activity.

Tasks and functions of the financial management department

Tasks and functions of the financial management department

The Chief Finance Officer is a position of responsibility in the company, and usually has direct communication with the lead manager.

For that reason, this professional needs to have key features such as training in corporate finance, experience, and developed personal skills like empathy, negotiation, and must be methodical and meticulous with accounts for the financial department of a company are divided into two functions:

  1. Accounting: It is the system of control and registration of expenses and income and of all the economic operations that are carried out in a business. It is essential for the internal functioning of a company and for the external one due to it entails legal requirements.
  2. Financial analysis: This is based on the diagnosis of the economic situation of the company with the aim of support in decision making.

Likewise, the financial management department works with data numbers to obtain answers based on economic-financial information and that will help to know the situation of the organization by following these criteria:

  • Finance: It applies to aspects such as the interest rate, short-term financial assets, government debt or equivalent rates.
  • Financial and investment analysis: There are methods for financial analysis that can be found such as financial strength ratios and business investments with methods based on discounted cash flows.
  • Cost analysis for decision making: It is an indispensable tool that is used to value certain elements of a company’s assets.
  • Treasury management: It is in charge to check the amount that is available to make the expected payments.
  • Budget: It is necessary to have this in mind to distribute the capital available to working operations, investment, staff, treasury, among others.

Professional Master’s Degree Corporate Finance

Professional Master’s Degree Corporate Finance

The TECH Technological University recognizes that is necessary to understand the reality of a company by deepening in its economic and financial environment on which the rest of the areas are sustained.

Due to that fact, they created the Professional Master’s Degree Corporate Finance to teach experts such as Chief Finance Officer to manage company assets and obtain short and long-term benefits by offering the main innovations that will increase their training and professionalism.

It is an intensive program of 1.500 hours that trains students to face challenges and business decisions related to finances, at a national and international level.

The master’s is focused on improving and preparing professionals to achieve excellence in the field of business management through the analysis of practical cases based on genuine business scenarios.

As an added value, the advantage that this institution offers is the possibility to learn 100% online which allows get knowledge at any time and place.

During 12 months the students will have access to the most complete program divided into ten modules designed to go deeper into topics such as introduction and organization in business administration, financial operations, corporate finance, tax regime, analysis of financial instruments and markets, financial planning, business valuation, financial and banking products, fixed income management, strategy, and international finances.

TECH Technological University

TECH Technological University

The TECH Technological University, the world’s largest university, is also the official online university of the NBA (National Basketball Association) in Latin America.

It belongs to the TECH educational group, a Spanish-owned multinational recognized by the Financial Times as one of the 200 fastest-growing companies in Europe which is founded and directed by Manuel Sánchez-Cascado de Fuentes, has also been considered the most highly valued Spanish technology company in the last 15 years.

Thanks to its fully digital learning system because it supplies training to students from anywhere in the world.

An international trajectory has allowed it to become a benchmark in distance learning, with a catalogue of over 10,000 programs, over 100,000 new students each year, and 500,000 graduates from over 150 countries.

Specialized highly qualified postgraduate programs, they offer their students the best training programs at an international level, being leaders in employability with 99% of their students working in the first twelve months, according to data from the consulting firm KPMG.

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