Finance interview summary Assignment Example | Topics and Well Written Essays - 1000 words

Finance converse summary - Assignment ExampleHowever, this exercise was nothing like that. It was an informational interview intimately c beer prospects in two areas that I would be most interested in. I am doing a specialization in Finance and Accounting and would likewise like to look at forgiving Resources and Administration as an alternative field. The prime reason for this is that when it comes to a downturn in the economy, it is far part to be on the early(a) side of the table letting people go, than being a dupe yourself. I first interviewed Mr. Keith Sherin, Vice President of Finance at General Electric and secondly Mr. tush Lynch, who was the Vice President of Human Resources at the same organization. Summary of First Interview Q. 1. Mr. Sherin, how would you describe the line of credit you handle as VP of Finance at General Electric? Being VP of Finance of a federation as large as General Electric, I am sure you will realize entails a lot of different responsibilit ies. Finance as you understand is the lifeblood of modern business. In fact people are ready to do business with you as long as you have a good written report in the market and can be trusted and are ethic ally sound. The lines of cash and credit vindicated to organizations as large and varied as General Electric are many. In fact on that point are banks and other lending institutions wanting to do business with us. ... Finance is not only about generating funds for projects but the proper use of these funds when in excess. One can pay tail end a loan in advance, create a sinking fund for replacement of key assets or even buy back stock available in the market. In fact I decree it very exciting and challenging and no two days are ever the same. Finance is also about controlling the market value of the shares and maximization of shareholder wealth and prevention of a dilution in value or a hostile takeover (Brigham & Ehrhardt, 2009). So the responsibilities are quite varied. Q. 2. How did this interview match my knowledge about career interests and my own career exploration? I was really impressed with the gigantic ranging responsibilities of the VP Finance at GE. I could see that authority was commensurate with the responsibilities that a VP Finance had- it was not all about meetings, but the need to make decisions about the flow and direction of the business. Finance was needed to help in meeting business plans and current situations and a proper effort at financial plan and budgeting was necessary to meet these ends. The VP Finance had to have an overview of budgeting, cash flows, interest payments, bank dealings and all much(prenominal) related matters. It was certainly more difficult than I had expected. Q. 3. What new information, ideas, and insights did I gain from the Interview? For whizz thing, it requires a dynamic personality with the ability to motivate people to listen to you. You should have the ability to get going and direct subordina tes on how to prepare stuff for meetings for internal purposes as well as banks or other institutions. It is not a desk job but