What does a Chief Financial Officer do?
The Chief Financial Officer (CFO) refers to a senior C-Level executive who is in charge of the company’s financial operations, often spanning across various business entities and countries. The CFO’s responsibilities include managing cash flow, profitability, reducing explosure and financial planning, as well as analyzing and proposing remedial actions for the company’s financial strengths and shortcomings.
CFOs are supported by large teams of mid-level Accounting and Finance professionals to execute day to day operations. As such, they must ensure their teams are complying with both company’s and countries’ regulations, as they are responsible for the quality of the processes and data generated.
An important part of their role is also to strengthen the financial systems in the company (accounting, reporting, ERPs, etc.) to ensure timely reporting to make strategic decisions.
In the same department
This position is similar to
Chief Operating Officer
How to succesfully hire a
Chief Financial Officer?
Create a job description with the desired competencies.
Test your shortlisted candidates to check behavior fit.