Financial management is associated with bookkeeping. Both regions are the responsibility of the vice president of CFO or fund. However, present and the accountant's primary role is to gather information that is financial. use financial statements and other information prepared by accountants to make decisions. Financial managers concentrate on cash flows. They track and plan the company's cash. The Financial Manager's Duties and Tasks Financial managers possess a job that is difficult and complicated. They track the fiscal standing of the firm, examine information prepared by accountants, and prepare and execute plans. They could be creating a way to automate money collections 1 day, and the following they could be assessing a proposed purchase. .