Check out the 5 financial areas that are on the rise in 2021

The financial area of a company is a set of administrative procedures that involves all planning and analysis of an organization’s financial activities , regardless of the size of the company, all of which need financial control to remain active in the market.

The main objective of financial activities being controlled is to seek to improve the results presented by the company, to find strategies to increase profits and reduce costs. But, we know that it is common that some companies still fail to perform the proper financial management correctly and without a doubt because of that they go through many problems and losses .

 

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This area  is intended to allow you to see, in a transparent way, the entire situation of the company. Thus, when the analysis is carried out correctly, it collaborates with all the planning and, consequently, optimizes the results better .

 

With so much technology, the financial area has been changing in the business world. Because of this influence, some changes become transformative and all professionals who work, or still want to work in this market, must always be attentive to updates in this segment.  For this reason, we highlight the 5 financial areas that are on the rise in 2020 .

Meet the 5 financial areas on the rise in 2021
Audit and Compliance Analyst

This professional performs internal and external audits by mapping the general processes to identify risks , irregularities and contradictions and recommend the measures that must be taken and solutions, ensuring the correct application of the company’s rules.

This function will also support the organization’s strategic project planning in matters related to compliance. It will have the capacity to implement the rules and procedures that involve the risk management structure . In addition, the  specialist will also carry out contracts with IT, defining and authorizing the implementation of software and will carry out the management of compliance with regulations and all necessary monitoring.

Corporate Finance Manager

The professional who acts as corporate finance manager is responsible for managing the organization’s taxes, setting sales prices, auditing, controlling accounts payable and receivable, controlling financial investments, controlling company bank balances, managing the flow and all analysis of the financial statements.

This position has as main objective to plan and manage all the controllership activities of the company, observing all the guidelines, principles and everything within the legality imposed. He is responsible for all financial, accounting and budgetary control of the company . It will also have responsibilities for the relationship with investors, treasury, directors and the mergers and acquisitions carried out. It is under the responsibility of a financial manager to also raise and balance funds on debt and equity.

In order for this professional to have a good performance as a financial manager beyond graduation, it is necessary to acquire a holistic view of the organization so that he can clearly see all departments and build interaction with all and thus more easily create efficient, effective and internal controls. effective to anticipate future problems .

Corporate commercial manager

The corporate commercial manager has a somewhat complex role and can be very broad, but the main objective of this position is to build strategies to increase sales . For that, it is necessary to deeply understand the business in which it is operating and the needs of the company and the client. In addition, it is necessary to clearly understand the company’s objective in the labor market defined in its strategic sales planning.

Managing the guidelines for the marketing of a certain product or service is also developed by this professional, studying plans and programs that competitors use in order to achieve the organization’s objectives and increase market share . It is also a practice of this function to evaluate the company’s sales results reports, metrics and performance indexes.

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Trader

The role of this professional is to explore the market daily looking for better opportunities for financial investments . The trader’s operations are formulated with the financial resources of a specific investor or even a group of investors (who form the investment funds). The professional can also work with bank money, for example.

To become a professional trader you need to be willing to dive into the daily volatility of the finance market .

M&A Manager 

The M&A manager (Merger and Acquisition) has the function of controlling the mergers and acquisitions processes of organizations and to execute these functions correctly, it is necessary that you have a great command over the valuation processes.

To occupy this position it is necessary to have an assertion and be used to presenting attractive road shows for large investors . You must have good fluency in other languages , especially English , as you will have to constantly talk to foreigners.

 

The current market shows that the financial areas offer great opportunities for a promising future , but after the professional concludes his / her degree qualified to work in the finance area, it is necessary to make a specialization choosing the area that he / she wants to act. A professional expert and capable of constant updates are well requested by renowned companies both in times of high profitability and in times of economic recession, these professionals are of great importance.

 

by Abdullah Sam
I’m a teacher, researcher and writer. I write about study subjects to improve the learning of college and university students. I write top Quality study notes Mostly, Tech, Games, Education, And Solutions/Tips and Tricks. I am a person who helps students to acquire knowledge, competence or virtue.

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