Financial management

Are you or do you need a CFO?

CFO stands for Chief Financial Officer and also refers to a senior executive responsible for managing the financial actions of a company. But what does a CFO do?

The responsibilities of a CFO:

Manage the company’s financial planning
Oversee the company’s fiscal activity, including budgeting, reporting, and auditing.
Assure legal and regulatory documents are filed and monitor compliance with laws and regulations
Identify and address financial risks and opportunities for the company
Supervise financial reporting and budgeting team
Plan and perform risk management duties
Analyze and manage the organization’s liabilities and investments
Plan, implement and manage investment strategies
Manage fundraising plans and capital structure
Determine finance KPIs
Track and ensure cash flow is appropriate and sustainable

The skillset of a CFO:

Experience in a senior management position
Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management, and general finance and budgeting
Experience with corporate governance
Proven negotiation skills
Experience with budget management, public accounting, and cash flow
Ability to understand new issues quickly and make wise decisions
Ability to inspire confidence and create trust
Ability to work under pressure, plan personal workload effectively, and delegate

Other common titles for CFO include might be:

Coordinator
Business, manager
Director of finance
Finance manager
Account services
…

Are you looking for a CFO? Contact us today and we promise you the ideal person within a week.