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Write a 6 page essay on You are required to evaluate the role of finance director in an organisation of your choice.ere are specific roles of finance directors such as strategic planning of financial
Write a 6 page essay on You are required to evaluate the role of finance director in an organisation of your choice.
ere are specific roles of finance directors such as strategic planning of financial 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 found in at least three different job adverts.
According to Sawers (2009), Finance director at McDonald provides insight across all business functions and works closely with other finance related departments especially marketing and supply chain and further supports the company’s 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 rigorous project management discipline and works closely with product and marketing teams to finance the launch of activities and further evaluates, measures and monitors performance 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.
McDonald’s 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 structured as an independent business responsible for its financial performance (Sawers, 2009). Finance director therefore oversees financial performance of individual McDonald restaurants across the world and further ensures that centralized Accounting and Finance functions are undertaken.
Moreover, McDonald’s Finance
