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<figure class="wp-block-image"><img src="https://litcaf.com/wp-content/uploads/2025/04/cuppy.png" alt="Cuppy's man" class="wp-image-24258"/></figure>
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<p class="has-black-color has-text-color has-link-color">No more guessing. Months ago, DJ Cuppy announced her type; a <em>sabi man</em> who works in Finance, of course with other cliché every-girl’s requirements. Now, what do people who work in Finance do?</p>
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<p class="has-black-color has-text-color has-link-color">Finance is defined as the provision of money at the time it is required; the art and science of managing money. You may wonder, why the interest with finance for one who has lot of money? If you hold money, it does not by itself yield any return. You part money in the form of finance, either by way of loan or investment, it starts getting return. To work in Finance, broadly speaking, entails three things which are, anticipating financial needs, acquiring financial resources from different sources, and allocating funds to maximize shareholder’s wealth.</p>
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<p class="has-black-color has-text-color has-link-color">The 5 “A”s of Financial Management are therefore: <strong>Anticipation</strong>, by estimating financial needs, <strong>Acquisition</strong>, by collecting funds from sources, <strong>Allocation</strong>, using the collected funds to purchase fixed and current assets for the company, <strong>Appropriation</strong>, by dividing the company’s profits among for example, shareholders, and keeping a part of the profit as reserve, and finally, <strong>Assessment</strong>, which is, well, self-explanatory.</p>
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<p class="has-black-color has-text-color has-link-color">The Finance person carries out the executive and the routine functions. The executive include:</p>
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<p class="has-black-color has-text-color has-link-color"><strong>Estimating</strong> fixed and working capital requirements to ensure the company is not over or undercapitalized. <strong>Determining capital structure</strong> to ensure it is balanced because if the company has too much owned capital the shareholders will earn less and if it has more borrowed capital there will be more interest paid. <strong>Estimating cash flow</strong> by sales forecasting as well as estimating future expenses. The Financial Manager also help with <strong>Investment Decisions</strong>. Often, the company earns profit, and the finance person helps with <strong>Allocation of Surplus</strong>. Profit nevertheless, more finance is needed for long term plans. The finance manager helps with <strong>Deciding on Additional finance</strong>. They <strong>negotiate for additional finance</strong> by for example, persuading bank managers to give loans. Perhaps none of these functions of the finance person is as important as regularly <strong>checking the financial performance</strong> of the company by comparing with established standards and looking for ways to improve it. The routine functions of the financial manager are more or less clerical. This include supervision of cash receipts and payments, safeguarding of cash balances, securities, insurance, and other valuable papers.</p>
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<p class="has-black-color has-text-color has-link-color">For anyone who takes social media commentaries for its face value, they may wonder why daughter of one of the Forbe’s black billionaires remains so conscious of money. Beyond the song by Burna; <em>Dangote still dey find money</em>, finance means a little more than money. While money is expressed in currency, finance is the transformed version of it; a more interesting use of money. &nbsp;The goal of the finance person is a little more than profit maximization but wealth management. Even for the biggest billionaire owned companies there are shareholders often. The finance person looks for ways to make the shareholders happy by maximizing their value.</p>
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