A financial manager is responsible for budgeting, projecting cash flow, and determining how to invest and finance a project (Boundless, 2014). It is their responsibility to know how much the product or project should cost and how much revenue it should generate so that the company can invest the appropriate amount in the product or project (Boundless, 2014). Financial managers take on a variety of roles and positions while still carrying out their primary job responsibilities. Financial managers typically start by earning a bachelor's degree in accounting, business administration, economics, or finance. Many also earn a master's degree in business administration, economics or finance. There are generally recommended or required certifications and licenses in the financial management field (Money.usnews.com, 2014). CFOs typically start out in entry-level positions in large organizations or banks. Those who stand out advance through the company and become managers where they take on more responsibility and financial oversight duties (Money.usnews.com, 2014). When in a management position, financial managers must be very flexible and must be able to easily adapt to rapid and frequent changes that can occur in the workplace. Financial managers must have the ability to conform to the methods of the company they work for. and find a way to create values ​​for their employees. In 2004, the average working week for a financial executive was 52 hours and that number was growing, and nearly two-thirds of those surveyed said the strain of their job was affecting their health (Witzel, 2006). It is important that CFOs are not overworked because at some point they become so exhausted from working and thinking... middle of paper ...... maintaining financial data for the future. Without financial data for the future, financial managers use data analytics and educated guesses to approximate value and costs (Boundless, 2014). Financial managers must fix the cost of capital, the cost of money over time, so that their company can determine the cost of financing projects (Boundless, 2014). While fulfilling all of these roles, financial managers must also ensure that the company has enough money to pay upcoming financial obligations without hoarding assets that could otherwise be invested (F2.washington.edu, 2014) . CFO roles are long and complex and require many hours of work on a daily basis. Not only do finance managers need to complete their daily tasks, but they also need to be prepared for random assignments or activities that can arise at any time in a business..