"Finance Manager has no role to play in manufacturing company." Comment.

Finance manager plays an important role in all types of company, whether it is manufacturing or a trading company. He is concerned with all financial activities of planning, raising, allocating and controlling the funds in an efficient manner. This can be done by decision making in respect of the following areas: 1. Investment decision for obtaining maximum profitability after taking the time value of money into account. 2. Financing decisions through a balanced capital structure 3. Best utilisation of fund 4. Tax administration and tax planning 5. Pricing volume of output, product mix, and cost volume profit analysis 6. Cost control 7. Managing liquidity requirement and investment of surplus funds.