The Role of the Finance Director
3rd Edition
Published on 11. April 2002
Book
Paperback/Softback
272 pages
978-0-273-65655-5 (ISBN)
Description
Now available in a fully revised third edition, updated to reflect the shifting nature of this pivotal role, this best-selling briefing is essential reading for all finance directors. As the business environment changes, so must the role of the finance director. No more just the keeper of the accounts, you are now often the guardian of the company's commercial strategy and an integral part of the planning process. The finance director of the future should be a team player, able to make informed financial decisions which take into account the customer, the strategy, the risks, the people, processes and systems necessary to effect them. This briefing gives you a clear picture of the latest trends and thinking in the field, drawing on research conducted with finance directors, managing directors, chief executives and chairmen in both the private and public sector, and provides you with stimulating ideas about the shape of things to come.
New to this edition:
The coverage has been updated to reflect the changing focus of this role. Additional chapters cover the role of the FD as:
Strategist
Venture Capitalist
Commerce Manager
Risk Manager
Contents include:
The role and functions of the finance director
The FD in different environments
The FD as :
Director and strategist
General manager
Planning manager
Venture capitalist
Relationship manager
Financial manager
Treasury manager
Auditor: corporate governance
Corporate finance manager
e-Commerce manager
Risk manager
Resources manager
Information manager
Quality manager
New to this edition:
The coverage has been updated to reflect the changing focus of this role. Additional chapters cover the role of the FD as:
Strategist
Venture Capitalist
Commerce Manager
Risk Manager
Contents include:
The role and functions of the finance director
The FD in different environments
The FD as :
Director and strategist
General manager
Planning manager
Venture capitalist
Relationship manager
Financial manager
Treasury manager
Auditor: corporate governance
Corporate finance manager
e-Commerce manager
Risk manager
Resources manager
Information manager
Quality manager
More details
Series
Edition
3rd edition
Language
English
Place of publication
Harlow
United Kingdom
Publishing group
Pearson Education Limited
Target group
Professional and scholarly
Dimensions
Height: 297 mm
Width: 210 mm
Thickness: 19 mm
Weight
1000 gr
ISBN-13
978-0-273-65655-5 (9780273656555)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Previous edition
T. Carroll
Ft Management Briefings: the Role of the Finance Director: Ft MB:Fin Director:A Changing Role
Book
09/1997
Financial Times Prentice Hall
€60.66
Article exhausted; check for reprint
Content
Introduction
Chapter 1. The role and functions of the finance director
The changing role
Creating efficient, effective financial systems
Developing financial strategy
Balancing old and new skills
The evolving role, global markets and e-business
Key aspects of the role
Chapter 2. The FD in different environments
Global variation in the FD's role
Different industries and sectors
The non-profit organisation
Managing Finance in the Non-Profit Organisation
Change and financial challenges for the future
Chapter 3. The FD as director and strategist
An executive director
'Sacking' the Chief Executive
Succeeding the CEO
The Legal Position of the FD as a Director
Strategic planning and direction
Executive Directors and numeracy
Chapter 4. The FD as strategist
Valuing the business
The critical importance of value creation
Unbundling and rebundling the value chain
Business models versus strategy
Business consolidation
Business simplification
Value sharing networks
The virtual organisation
Intellectual Property
Chapter 5. The FD as general manager
Leadership
Culture
Information management
People management
Communication
Commercial
Chapter 6. The FD as planning manager
Performance review
Financial strategy, planning and reporting
Forecasting and modelling
Benchmarking
Chapter 7. The FD as relationship manager
Shareholders or stakeholders?
The critical role of investor and 'stakeholder' communications
'No surprises' - managing expectations
Media and communication
Evolution of the annual report
Suppliers
Government and regulation
The public
Employees
Chapter 8. The FD as financial manager
Not just an accountant
No longer the controller, now the facilitator
Performance measurement
Value added or value earned
Setting goals for and measuring value creation
Profit and costs
Chapter 9. The FD as treasury manager
The role of treasury
Controlling the 'burn rate' of cash
Planning for cash availability
Making derivatives work for you
Foreign exchange and commodities
Chapter 10. The FD as auditor: corporate governance
The role of the audit committee
The historical perspective of governance
Risk assurance
The role of audit
Internal control
Risk and control self-assessment
Auditors
Fraud
Chapter 11. The FD as corporate finance manager
The FD as venture capitalist
Seeing the business from an outside perspective
Acting as proxy for investors and stakeholders
Assuming business as usual
Investment appraisal
Mergers and acquisitions
Corporate finance and funding sources
Chapter 12. The FD as ecommerce manager
Keeping up with the new economy
The strategic perspective of ebusiness
Integrating the internet with traditional business
B2B and e-procurement
Going it alone or shared arrangements?
Chapter 13. The FD as risk manager
A new look at risk
Strategic evaluation of risk
Optimising risk and reward
The quantification of risk
Risk related returns
The cost of risk
Integrating a risk aware culture
People - the ultimate risk factor
Chapter 14. The FD as resources manager
People, processes, systems
The FD as Change manager
The FD as leader
New skills, flexibility and adaptability
The impor
Chapter 1. The role and functions of the finance director
The changing role
Creating efficient, effective financial systems
Developing financial strategy
Balancing old and new skills
The evolving role, global markets and e-business
Key aspects of the role
Chapter 2. The FD in different environments
Global variation in the FD's role
Different industries and sectors
The non-profit organisation
Managing Finance in the Non-Profit Organisation
Change and financial challenges for the future
Chapter 3. The FD as director and strategist
An executive director
'Sacking' the Chief Executive
Succeeding the CEO
The Legal Position of the FD as a Director
Strategic planning and direction
Executive Directors and numeracy
Chapter 4. The FD as strategist
Valuing the business
The critical importance of value creation
Unbundling and rebundling the value chain
Business models versus strategy
Business consolidation
Business simplification
Value sharing networks
The virtual organisation
Intellectual Property
Chapter 5. The FD as general manager
Leadership
Culture
Information management
People management
Communication
Commercial
Chapter 6. The FD as planning manager
Performance review
Financial strategy, planning and reporting
Forecasting and modelling
Benchmarking
Chapter 7. The FD as relationship manager
Shareholders or stakeholders?
The critical role of investor and 'stakeholder' communications
'No surprises' - managing expectations
Media and communication
Evolution of the annual report
Suppliers
Government and regulation
The public
Employees
Chapter 8. The FD as financial manager
Not just an accountant
No longer the controller, now the facilitator
Performance measurement
Value added or value earned
Setting goals for and measuring value creation
Profit and costs
Chapter 9. The FD as treasury manager
The role of treasury
Controlling the 'burn rate' of cash
Planning for cash availability
Making derivatives work for you
Foreign exchange and commodities
Chapter 10. The FD as auditor: corporate governance
The role of the audit committee
The historical perspective of governance
Risk assurance
The role of audit
Internal control
Risk and control self-assessment
Auditors
Fraud
Chapter 11. The FD as corporate finance manager
The FD as venture capitalist
Seeing the business from an outside perspective
Acting as proxy for investors and stakeholders
Assuming business as usual
Investment appraisal
Mergers and acquisitions
Corporate finance and funding sources
Chapter 12. The FD as ecommerce manager
Keeping up with the new economy
The strategic perspective of ebusiness
Integrating the internet with traditional business
B2B and e-procurement
Going it alone or shared arrangements?
Chapter 13. The FD as risk manager
A new look at risk
Strategic evaluation of risk
Optimising risk and reward
The quantification of risk
Risk related returns
The cost of risk
Integrating a risk aware culture
People - the ultimate risk factor
Chapter 14. The FD as resources manager
People, processes, systems
The FD as Change manager
The FD as leader
New skills, flexibility and adaptability
The impor