Syllabus A1. The Role Of Senior Financial Executive 1 / 4
a) Develop strategies for the achievement of the organisational goals in line with its agreed policy framework.
b) Recommend strategies for the management of the financial resources of the organisation such that they are utilised in an efficient, effective and transparent way.
c) Advise the board of directors or management of the organisation in setting the financial goals of the business and in its financial policy development with particular reference to:
i) Investment selection and capital resource allocation
ii) Minimising the cost of capital
iii) Distribution and retention policy
iv) Communicating financial policy and corporate goals to internal and external stakeholders
v) Financial planning and control
vi) The management of risk.