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Wednesday, June 19, 2019

You are required to evaluate the role of finance director in an Essay

You are required to evaluate the role of finance director in an organisation of your choice - Essay characterere are specific roles of finance directors such as strategic planning of fiscal future of organizations, overseeing and ensuring proper controls within the organization and making sound financial decisions such as investment decisions. This essay explains and evaluates a detail official description of the role of finance director in McDonald and comparison of the description to that entrap in at least three different job adverts.According to Sawers (2009), finance director at McDonald provides insight across all business functions and kit and caboodle closely with other finance related departments especially merchandise and supply chain and hike supports the companys franchisees by building projection tools. Finance director advices on financing options, optimizes business plans, sets, and monitors financial and other targets (Sawers, 2014). Finance directors ensures ri gorous project management discipline and works closely with product and marketing teams to finance the launch of activities and further evaluates, measures and monitors achievement against financial and other targets. Finance department is at the heart of McDonald Company, incorporating many functions that go beyond its traditional financial reporting role.McDonalds Finance director ensures that the organization maximizes its strategic abilities by shifting the emphasis of their accounting and finance functions to integrate evaluation of past performance and appraisal of future opportunities (Ionescu, 2010). McDonald uses integrated accounting and finance function that extends from the restaurant floor up to the board of directors and every individual subsidiary restaurant is incorporate as an independent business responsible for its financial performance (Sawers, 2009). Finance director therefore oversees financial performance of individual McDonald restaurants across the world a nd further ensures that centralized Accounting and Finance functions are undertaken.Moreover, McDonalds Finance

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