Company Administrator: Roles

In any type of business there are certain roles that are essential and must be counted on. Whether for a large million dollar billing company or a small family business, the role of the Enterprise Administrator is one of the most important and, ultimately, one of the first to be covered because it is Obligation for all companies to have an Administration, represented by one or more people physical.

The company administrator: Who is it?

The administrators are the people who work in the management and management of the business operations of the business and who are generally in contact Directly with the top of the company since the commercial movements that the business administrator will carry will depend on their decisions finished.

Being these professionals responsible for the economic actions, effect of the company, in addition to its relationship with the business management, it is common that have direct contact with other departments, such as Human Resources, Legal or Logistics.

The body of Administration of a company It can be made up of one or more people, and although their functions are directly linked to the company, they must submit reports periodicals to the board on its operations and movements, as well as specific justifications for certain actions provided that the directors do so. require.

What are the functions of the company administrator?

The main objective of a business administrator is that the business reaches the financial goals set for each period, for this, the functions that it will be in charge of are several and, even when not are exactly the same in all business models, you can identify certain basic functions of every manager of the Administration of Companies:

• Is he legal representative of the company, with all that this implies.
• It handles money transfers from company accounts.
• Keeps up to date - at least in terms of functions - the economic movements of the company, although in fact, it is common for some companies to refer this responsibility to other departments.
• Is he supervisor of business operations of sale of real estate, materials, goods… of the company; as well as the investments that it could make.

The role of Enterprise Administrator It is a free position, unless some type of remuneration is indicated in the appointment, however, the administrator is, for all purposes, responsible for the management of the company assets and, in case of conflict, losses, bankruptcy or any other problem of an economic nature, it will be the person who responds to the justice for the actions and, in some cases, you could even be required to pay debts with your assets personal.

The business administrator position is among the most prestigious and is a great responsibilityHowever, we must not forget that precisely this prestige also entails greater involvement with the business. Before accepting the position as administration manager It is advisable to know the real functions and the consequences that the position would imply, in order to avoid future legal problems.