What is the performance objective of the finance manager?
Obtain maximum capital at the cheapest cost.
Input = Capital
Output = Interest
KPI = interest per ringgit capital
Working Capital Financing - has it improved?
Fixed Capital financing - has it improved?
Has the Asset turnover ratio improved?
Has the debt equity ratio improved? Has the financial manager taken up all loans available in the market?
Has he taken the full advantage of the suppliers credit?
Can we reduce Sales debtors?
Can we reduce stock levels? just in time?
Is there any idle assets?
Any asset not producing the minimum return?
Can we liquidate any assets? Convert ownership to tenancy?
The accountant is achieving his goal jointly through other functional managers.
Arriffin Mansor 012-2786282
Obtain maximum capital at the cheapest cost.
Input = Capital
Output = Interest
KPI = interest per ringgit capital
Working Capital Financing - has it improved?
Fixed Capital financing - has it improved?
Has the Asset turnover ratio improved?
Has the debt equity ratio improved? Has the financial manager taken up all loans available in the market?
Has he taken the full advantage of the suppliers credit?
Can we reduce Sales debtors?
Can we reduce stock levels? just in time?
Is there any idle assets?
Any asset not producing the minimum return?
Can we liquidate any assets? Convert ownership to tenancy?
The accountant is achieving his goal jointly through other functional managers.
Arriffin Mansor 012-2786282
No comments:
Post a Comment
You are welcome to comment on thse materials. Your feedback is invaluable in improving my materials.