Though the role of the CFO has greatly expanded, financial stewardship is still a central responsibility of the position. Many large enterprises employ chief accounting officers, but it is still the CFO who is ultimately responsible for regulatory compliance, closing the books in a timely and accur...
The CFO is still ultimately held accountable for the financial health of the business—first and foremost. The key duties of the CFO also vary depending on an organization’s size, industry, and whether or not it’s publicly traded. CFOs generally support and influence three critical functions:...
A chief financial officer (CFO) is the corporate title for the person responsible for managing a company's financial operations and strategy. The CFO reports directly to the chief executive officer (CEO) and has substantial input into the company's investments, capital structure, money management ...
Another critical aspect of the CFO job is dealing with risk. Managing risks associated with cash, capital, resource deployment, accounting compliance, and strategy remains core to the role even as it expands into nonfinancial realms. Congratulations, you’ve started a new job as CFO. ...
The fact is they are the highest-level officers in charge of finances in the company. A typical CFO job description can be divided into six main categories: controllership, treasury, risk management, taxation, investor relations, and internal audit. Let’s take a look at each of these duties...
The C-suitecomprises all the executives that run a given organization. The makeup of each C-suite is unique: while most organizations have a CEO and a CFO, the other roles depend on the business model and operations of the company. A public-facing tech business, for example, is more lik...
In a Glassdoor survey, 60% of employees said that benefits were a major factor when weighing a new job offer. And 80% of employees would choose better perks over a pay raise. Usingpay and benefits surveys, you can find out what your employees really want and analyse their responses to ...
When a company asks CFO Selections toengage in a searchfor a CFO, we walk through each company’s specific needs to create a customized job description. The job description for a CFO can vary somewhat depending on the size and industry of the organization, but here is a typical example: ...
Make data-driven decisions.Using key HR metrics to make educated decisions can support effective recruitment, increase retention, and boost engagement. Additionally, the heads of HR and the CFO should collaborate—combining talent management metrics with finance data can provide powerful insights into de...
Section 302 states that the Chief Executive Officer (CEO) and Chief Financial Officer (CFO) are directly responsible for the accuracy, documentation, and submission of all financial reports and the internal control structure to the SEC. In addition, they are responsible for establishing and maintaini...