Thursday, November 21, 2013

Proud to be finance professional

I had a argument with one of the salesmen sometime back.  He was mentioning that sales is the most important function and accountants are there to just account whatever he brings in and cannot ask questions as they are the breadwinners

Well...well...well...i gave him a reply which he could have never thought in his wildest dreams

Whenever any person wants to start a business, I, the finance person comes into picture.  I create infrastructure, rent building, bring in the materials that has to be sold, bring in policy to run business, get all licenses required and ask the so called sales man to sell it for me, so that i can account even the profit or loss whatever that it is going to fetch.  So, the sales man role is to just sell and not to ask questions

I also calculate IRR and NPV to advise the owner whether it is prudent to continue the business or invest in fixed deposit to get better returns.  More important, in case of winding up of a business, i am the last person to leave as i have to ensure the books are properly closed and business is also closed properly

So, finance is the backbone and the most important of all functions in a company and i am proud to be one among the finance professionals

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