A Director of Finance is responsible for insuring that the company or group has sufficient funds to carry out the business plan, while the controller allocates those funds and monitors the use of funds according to the plan. Both positions would normally report to the CFO or equivilent.
What is difference between account executive and finance executive?
The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances
Account is a record or statement of recent transactions and resulting balance. Finance is the management of money and credit and banking and investments
Of course there is a big difference between accounts and finance. when we talk about accounts its more about recording and judging the results from every possible angle. and when its finance it talks about from where to get money, what should be the investment ratio and what should be given to the shareholders as dividend. hope i ve answered u if u still ve some query kindly drop a mail vashishtha.richa@gmail.com
Accounting is creating and managing financial statements which record transactions for businesses. Finance is initiating transactions to aid in cash, investment and other working capital management.
Finance Manager Financial Administrator Ledger Keeper Controller Finance Director Accountant
A controller in a small to medium sized business typically has a Bachelor of Science degree in Accounting/Finance. Controller is often a position given to people who have a senior role in the accounting department usually reporting to the CFO or Director of Finance. In a large organization, a Controller will also usually have an MBA.
What is the difference between An Accountant and a Finance officer?
home minister and finance minister are same there is no any difference between them.....
a lateral relationship is where every one involved is equal, for example the finance manager and the HR manager. A line relationship would exist between the finance director and the finance manager. Hope this helps, I know there are int2 business prelims next week.
There is no doubt that a finance controller has no choice but to be responsible with money. In addition, finance controllers must be mission oriented. The role of a finance controller changes a lot. This career often offers many different opportunities. For example, a finance controller typically has the opportunity to become the vice president of operations, the chief executive officer, and even the president of the company in question. Needed Qualifications for a Finance Controller The needed qualifications in order to become a finance controller typically depend on the company in question. If one wishes to become a finance controller for a small company, he or she usually needs a solid understanding of accounting principles. In addition, that person usually needs to work for that company for a long enough time. One good thing about being a finance controller for a small company is the fact that the CPA license is not exactly needed. However, this is only the case if the company has another person with a CPA who reviews all of the work that the finance controller does. For someone who wishes to become a finance controller for a large company, he or she needs to have a lot of public accounting experience and a CPA license. Many companies also look for men and women who have worked at accounting firms that include KPMG, PWC, Young and Deliotte, and Ernst. Between two and five years of accounting experience with a publicly traded company is also another major factor. Normal Compensation for a Finance Controller How much a finance controller makes with his or her annual salary and bonus usually depends on how large the company is. This is because a larger company typically has more to offer the experienced finance controller. The average finance controller for a larger company usually makes anywhere between one hundred thousand dollars and two hundred and twenty thousand dollars. This is an extremely large amount when compared to how much finance controllers who work for smaller companies make. A finance controller who works for a smaller company typically makes between sixty thousand dollars and ninety thousand dollars.
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
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Director - Finance Salaries $64,500.00 - $195,000.00 Typical Salary for Director - Finance one of America's Most Admired CompaniesRobert Half Finance & Accounting is looking for a focused and results-oriented Division Director to join our team
I just want to understand the differrence between Admin and finance.
The difference between the bachelor of science and the bachelor of arts is that the science degree has more course requirements that focus on finance. The BA will require more general education courses.
The main difference between loan syndication and consortium finance is that syndication is done based on common terms between the lender and borrower. Consortium finance has to be arranged by the borrower, such as when one bank cannot accommodate the entire loan amount.