The Finance Manager does the general duties relating to the Finance Department, while the Financial Manager deals with the acquisationa and utilization of long and short term funds.
In today's competitive global environment, financial managers are continually faced with the ability to engage in activities bringing value to the firm and the shareholders. In order to achieve their goals successfully, financial managers need to set strategies to influence the direction and success of the company. Such strategies include internal companyFinance is the management of money and financial management shows the management of financial activities properly to achieve firm's goal ( wealth maximization). Actually financial management shows the techniques and strategies to determine the needs of the fund, to identify the possible and plausible sources of fund, to collect the necessary fund from the identified sources and to invest the collected fund in different profitable sectors by maintaining the principles of finance to achieve the goal of the business firm.