Future CFO

MAY 1, 2024

The Coffee Bean & Tea Leaf ), says the appeal of the financial controller position lies in blending analytical depth with visionary leadership, overseeing financial strategies across sectors. Succeeding amid challenges “Success as a controller relies on an entrepreneurial mindset, analytical rigour, and adept leadership,” says Leonardo.

Leadership 98

Leadership IFRS Finance Communication 98

CFO Leadership

APRIL 10, 2023

Communication is key to exceeding duty of care obligations and establishing a foundation of good faith outside strict legal terms. The post Navan’s Modern Approach to Duty of Care first appeared on CFO Leadership. The post Navan’s Modern Approach to Duty of Care appeared first on CFO Leadership.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

CFO Leadership

OCTOBER 10, 2022

Research conducted for Robert Half’s 2022 Benchmarking Report found that staff retention is significant concern for 87% of employers in the United States. Senior leadership should help ensure that these managers have the tools and support they need to assume the rock star role successfully. Other BLS data shows that 4.2

Leadership 105

Leadership Benchmarking CFO Communication 105

CFO Leadership

APRIL 4, 2023

For instance, say you’ve thrown together an email for your team on performance benchmarks and the email seems too lengthy. The top three are data analytics, financing, and communications. ChatGPT can certainly help with communications. The post Should CFOs Use ChatGPT first appeared on CFO Leadership.

Leadership 98

Leadership CFO Communication Benchmarking 98

CFO News Room

NOVEMBER 4, 2022

Representation goals — whether based on industry benchmarks or population data for the appropriate city, state, or country — are one component, but it’s equally important to incentivize leaders and create accountability systems to help make those strategies a success. This is a leadership pattern so pervasive it has a name: the “ glass cliff.”

Investments 100

Investments Leadership Accounting Analyzing Data 100

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. Industry benchmarks : Benchmarking data from similar organisations can help provide context for the metrics being measured.

Finance 91

Finance Benchmarking Compliance SAP 91

VCFO

JANUARY 20, 2023

In most cases, developing a compensation philosophy and strategy is a collaborative effort across one’s executive team with key guidance provided by the organization’s compensation or HR leadership. Solid job descriptions are especially important when compensation and salary benchmarking are carried out.

Benchmarking 74

Benchmarking Leadership Education Compliance 74

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

VCFO

MAY 26, 2022

The process is generally led by the HR Executive with leadership team collaboration. Historically, examining compensation strategy and conducting compensation benchmarks has largely been an annual or, in some cases, even less frequent endeavor. Control and timing are also key elements of compensation practices.

Communication 80

Communication Benchmarking Construction Leadership 80

VCFO

JANUARY 27, 2022

Be sure you are communicating your value proposition in all that you do. Implementing EOS, or a similar system, will help you and your leadership team get better at three important things: Vision – Get everyone in your organization 100% on the same page with where you’re going and how you plan to get there. Retain Your Team.

Benchmarking 78

Benchmarking Restructuring Leadership Planning 78

Future CFO

MAY 2, 2023

Another good starting point is to look at other companies of similar size and scale within the same industry, which have already gone through a finance transformation process, as a benchmark for your organisation. These metrics need to be concrete, measurable and directly linked to transformation outcomes.

Finance 52

Finance Benchmarking Communication Education 52

Future CFO

JULY 19, 2021

Companies and organisations that can integrate their CG and ESG practices and reporting from the perspectives of, for instance, organisational structure, risk management and internal control, and the shareholder/ stakeholder communication and engagement, are more likely to enjoy a long-term sustainable future,” she explained.

Benchmarking 52

Benchmarking Risk Management Leadership Communication 52

VCFO

NOVEMBER 1, 2023

This operating plan can and should also be used in setting targets for management and the sales team and to finalize and communicate their respective compensation plans. They can also be used to calculate and benchmark certain KPIs that are applicable to the industry to ensure that they are in line and support funding objectives.

Finance 88

Finance Strategic Planning Auditing CFO 88

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. But these are table stakes of the profession.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52

CFO News Room

FEBRUARY 2, 2022

What happens when wealth transfers, we transfer not just the assets, but we also transfer the communication practices. He realized, and the research showed, that 60% of the breakdown, so 60% of that 70%, was trust and communication. Again, as you frame the trust and communication dynamics, right? Author: Michael Kitces.

Communication 130

Communication Planning Education Numbers 130

Future CFO

AUGUST 18, 2023

Clear communication is key A project team of 60 people – collectively known as the Global Finance Services Team – steered the journey towards a transformed shared services function. Timely and clear communication was key. We encouraged this by learning to take feedback positively," said Khong.

Finance 52

Finance Communication Accounts Payable Invoicing 52

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis.

CFO 52

CFO Problem Solving Budgeting Communication 52

E78 Partners

APRIL 9, 2024

Announcement: Ensure that portfolio company leadership and security teams are aligned on the required cybersecurity measures during the post-acquisition phase. Their guidance helps align your organization’s cybersecurity processes with established industry benchmarks.

Investments 59

Investments Compliance Securities Benchmarking 59

E78 Partners

SEPTEMBER 14, 2023

At its core, a BP&B Health Check is a benchmarking exercise that evaluates an organization’s strategic alignment and financial agility against industry standards. BP&B process and acumen are foundational capabilities, fundamental to achieving an organization’s goals and objectives.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Benchmarking 52

Jedox Finance

APRIL 21, 2020

Frequent structured communication on performance benchmarks and earning multiples, maintains investor confidence and stability. Investors thrive on feedback. In the face of uncertainty, investor relations are paramount.

Benchmarking 52

Benchmarking Valuation Communication Planning 52

CFO Talks

MARCH 19, 2024

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. Fostering Commitment to Change True leadership is shown by example.

CFO 52

CFO Communication Finance Budgeting 52

Planful

DECEMBER 28, 2016

Accomodating shifts in business strategy – e.g., M&As or leadership changes that impact data models and KPIs. Communication gaps. The Hackett Group benchmark research shows that world-class companies will consolidate and close the month-end books within 3 days, and report within 2 days. Cost containment.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Centage’s error-free, drag & drop FP&A software offers a centralized, collaborative environment to create and update regular reports, and consolidate them for leadership as needed.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Risk Management Leverage 40

Spreadym

AUGUST 17, 2023

Financial reporting dashboards can be used by various departments within an organization, including finance, operations, sales, marketing, and executive leadership. They play a crucial role in improving transparency, communication, and collaboration among teams by providing a centralized platform for accessing and interpreting financial data.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Planful

OCTOBER 25, 2016

Among the many great topics on the agenda at the Argyle CFO Leadership Forum in Dallas was a session titled “Managing and Minimizing Enterprise Risk.” One recommendation was to establish baselines for the business based on prior experience, or to use external benchmarking information to evaluate performance and risk.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Barry Ritholtz

AUGUST 29, 2023

RITHOLTZ: We’ll talk a little bit about leadership and crew development a little later. So let’s discuss leadership and what you do to develop crew members and to identify and foster other people’s leadership skills. They create the benchmark. RITHOLTZ: To say the very least.

Investments 52

Investments Benchmarking Valuation Construction 52

Barry Ritholtz

OCTOBER 21, 2024

Their benchmarks were down. And I think it’s important to communicate for our investors, for perspective partners and, and people that to attract the best and, and make sure we have the best partners to make sure our story’s out there. And, and so we strive to make sure there’s that communication openness.

Investments 59

Investments Numbers Marketing Leverage 59

Barry Ritholtz

JUNE 7, 2023

If you’re good relative to whatever benchmark you’re posted against, you’ll do just fine. If let’s call it 25 to 30 percent gets paid out to the investment and leadership team. What am I capable of of doing from a development in a mentoring and a leadership perspective? Your business will grow.

Investments 110

Investments Concentration Profit and Loss Economics 110

Barry Ritholtz

SEPTEMBER 19, 2023

Interestingly enough, there’s only, you know, a handful of validators actually benchmark themselves to real returns. So you may see portfolios change as a result of, of benchmarking. And similar to the reasons I like the Shackleford story, it’s a interesting examination of leadership in crisis. It’s incredible.

Investments 59

Investments Math Risk Management Benchmarking 59

CFO News Room

NOVEMBER 14, 2022

Prior to founding Journey, Penny ran a consulting and coaching firm called Thrivos Consulting, and prior to that worked in various leadership positions across the financial services industry. They also serve as a benchmark for whether team members are succeeding in their roles on an ongoing basis.

Practice Management 130

Practice Management Planning Leadership Communication 130

Barry Ritholtz

FEBRUARY 13, 2023

And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. RIEDER: It’s funny you said that because, listen, I think we’ve gotten to the place where there actually is too much communication.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Marketing Education 59

Barry Ritholtz

JULY 29, 2024

So 00:09:10 [Speaker Changed] I know Orion for many years because from the RIA perspective, from a registered investment advisor perspective, clients want to know how their portfolios are doing, what their performance is, both in absolute terms and relative to benchmarks. And something that Orion’s a big part of.

Investments 59

Investments Communication Benchmarking Technology 59

CFO Talks

MARCH 20, 2024

Strong communication, change management, and leadership skills are crucial in this role. By embodying the four roles of the CFO and benchmarking it to the highest standards, finance leaders can effectively navigate the complexities of the modern business landscape, driving strategic growth and financial success.

CFO 52

CFO Compliance Performance Measuring Education 52

Future CFO

SEPTEMBER 17, 2019

New Gartner benchmark study reveals 92% of HR leaders are prioritising budgeting and cost optimisation initiatives. During all phases of the economic market cycle, HR functions should regularly benchmark their internal data regarding their talent base (e.g., That’s the good news. Cross-function efforts.

Benchmarking 52

Benchmarking Budgeting Economics Forecasting 52

Global Finance

OCTOBER 10, 2024

In June, the CBC had paused its easing cycle, following seven consecutive reductions over the past year that lowered the country’s benchmark Selic interest rate to 10.5%. Some applaud this attitude, but others say that the central bank in Colombia should be able to communicate its moves better.

Economics 52

Economics Foreign Exchange Currencies Banking 52

CFO Talks

JUNE 7, 2024

This initiative, spearheaded by the International CFO Alliance (ICFOA) and akin to the Chartered Financial Officer CFO(SA) designation, seeks to provide clear benchmarks for what businesses should expect from their CFOs.

CFO 52

CFO Benchmarking Prioritization Finance 52

Barry Ritholtz

JANUARY 14, 2025

I mean you mentioned it earlier on, I mean, Cliff’s hilarious and 00:14:09 [Speaker Changed] He’s a funny guy and it’s rare to find someone who is a quants who can communicate as eloquently as he can and at the same time has such a devilish sense of humor. Like that’s an unusual trifecta right there.

Investments 59

Investments Finance Profit and Loss Numbers 59