Page 5: Finance
No business can survive without cash or some form of credit, so to ensure it does not run out of money, it needs to manage its finances properly. Any company with sales in the region of £210 million is a big business and therefore relatively complex.
The finance function of any large business includes:
- credit control
- management accounting
A global business such as Tarmac also requires financial expertise in:
- foreign exchange
- export credit guarantees
- hedging of foreign exchange and interest payments.