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Chief Financial Officer. As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financialplanning and analysis to business budgeting, financial decision-making, and risk management.
The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. Post Series B, it becomes a full-time job to support strategicplanning.
Inside The Mentoring Round , CFO Shelagh Glaser of Synopsys highlights several key themes from her 29-year career at Intel Corp. First, she emphasizes the value of front-line experience as a financialanalyst, where the core business action takes place.
Certification As A Certified Public Accountant (CPA), Chartered FinancialAnalyst (CFA), Or Certified Financial Planner (CFP) Is Preferred. They should have experience leading and motivating teams, as well as experience developing and implementing strategicplans. Strategic Thinking. Why this is important.
What makes for a sought-after chief finance professional (CFO)? According to Payscale.com , skills such as leadership, and financial reporting and strategicplanning, won’t elevate your take-home pay much. CFO: The role of CFO is very senior; hence a high level of experience is expected for anyone applying for this role.
What Are the Key Trends CFOs See in Budgeting? One of the biggest trends CFOs see in budgeting is zero-based budgeting , which has been increasing in popularity among financialanalysts. Then, the CFO should conduct a bottom-up analysis to see if there is a good alignment between the two.
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