There are many denominations to name this position in the different and different business organizations, be they commercial, industrial, agricultural or service, among others; for example, Financial Manager, Administrative and Financial Director, Controller, Treasurer, etc.; but more than a position in a company it is a position of mentality and attitude.
There is still the mistaken idea that the Financial Administrator is the person dedicated solely and exclusively to control spending and monitoring compliance with certain financial policies and regulations in an organization; and what to say about the accounting principles and procedures that result in some rigid and inflexible cases.
We imagine the Financial Administrator as that person completely isolated from the production of a company and that has nothing to do with the moment of truth in a company in regards to customer service, participation in promotions and why not say it, initiator of new ideas for the progress of the organization.
Today, this trend has turned 180 degrees, given the current conditions of competition, the increasingly demanding levels of productivity and the importance of human talent that makes up an organization, make the Financial Administrator the one who You should know a lot about negotiations, actively participate in marketing decisions, support your entire productive force and keep all your work fronts stimulated.
Regardless of the type of company, there are four basic sectors, which are: Production, Marketing, Personnel and Finance; it is then where the role of the Financial Administrator plays its main performance, which is to keep each of these areas directly correlated so as to achieve the fundamental purpose of any business: "The Basic Financial Objective"; which consists of maximizing the value of a company.
It is very important to highlight that the good Financial Administrator is a leader and that, like any leader, he must fulfill three fundamental aspects; such as: "Having their own initiative for the development and execution of new projects and ideas, unconditional support for their collaborators in guiding activities and being recognized for their work."
Competitiveness also plays a transcendental role, because as it was said in the beginning of this article, more than a position, it is an attitude approach and because this is one of the fundamental variables for achieving the objectives, it is based on knowledge and skills., in order to understand the set of factors necessary for the development of a successful job.
Changing the traditional trend that the Financial Administrator is only there to manage digits is the fundamental principle of the Renaissance of Business and Modern Management and today, schools with new administrative trends such as Coaching show the excellent results that have been obtained with this type of renovations. So it is time to rethink the conventional and begin to visualize the changes that the business world shows and thus be able to be at the forefront and offer competitive and high-level companies
