Financial Management is the entire company’s activities related to efforts to obtain the necessary funds at minimal cost and the most favorable terms along with efforts to use the funds efficiently.
There are several activities in financial management, including the use of funds, obtaining funds, and managing assets. Each company group in line management to top management is involved in this activity, so that all groups that are spread out have their respective functions in Financial Management activities such as:
- Financial Planning,
- Financial Budgeting,
- Financial Management,
- Financial Search,
- Financial Storage,
- Financial Control,
- Financial Audit,
- Financial Reporting.
As part of the Finance team, you must have insight into overall financial management so that you can carry out your daily tasks well.
