what challenges faces a financial manager
This is an excellent question. Financial managers who deal with money (otherwise known as fund manager) face many challenges. However, one of the greatest, if not the great challenge, is to find best ways in which to invest money. In connection to this point, there are a few main challenges. First, managers need to know where there will be greatest growth.
The generic challenge that every financial managers have to deal is the financial risk, and this refers to the volatility in cash flows and market values caused by the unpredictable adjustment in the prices of commodities, interest rates and exchange rates as defined by Kaen (2005).