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Finance

Essay by   •  July 16, 2011  •  347 Words (2 Pages)  •  1,061 Views

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Chief Financial Officer

The Andrews Company

As the CFO of Andrews’ Company, I was responsible for measuring the Andrew’s performance while determining what the financial consequences would have been if the firm maintained its present course or changed it. I was also responsible for recommending how the firm should use its assets. Another major element of the finance area was to locate external financing sources and to recommend the most beneficial mix of financing sources, and determine the financial expectations of the Andrew’s Company.

I have to admit that my responsibilities were very challenging and I learned a lot from this course/and or running a department of a multi-million dollar company. Although Andrew’s ran into some difficulties, we struggled for a successful turn around without any victory. There were many drawbacks that came our way and miscommunication was one factor along with not knowing what was expected from each team member from the beginning, which was one of my problems. Team work was a huge success because by the end of week seven, we really began taking responsibility in each area, in my opinion. One of our team members was able to utilize one of her programs from work which allowed us to discuss over net-meeting and make changes in Capstone where needed so each department would understand what was being done which was a tremendous help for me!

I have to say our President, Tina Carter, was awesome and she never gave up on Andrews or her employees as we continuously tried to hang in there for positive results. Our main struggle was our sales and production areas that we could not turn around with limited resources. We continued to face many challenges towards the end where morale went down; but we all hung in there! If I had to do all over again, I would definitely know what was expected

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