Mr Srinivasan started off by explaining the flow of cash in an FMCG company operations and how to manage money as it changes hands at various levels of operation. He stressed on the importance of planning the payment and receipt times for a finance manager, as it decides the working capital cycle of the company. aFinance managers should be able to smell moneya was the mantra, as he laid the importance for a company to work on negative working capital as it can be utilized to hedge against uncertainties in business. Also, he emphasized on supply chain optimization using the company credit ratings to effect and the role of treasury in financial engineering and financing of non-core assets.
aEducation is what remains with you after you have forgotten what you have studieda was Mr Srinivasanas closing statement, as he told the students to take risks in their age which would help them learn the nuances of being a good finance manager in the future.