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Sustainability and cost efficiency In terms of the role of CFOs in navigating sustainability-related initiatives and cost efficiency, Johary believes that they are a strong contender to lead the organisation. Further, riskmanagement is another area where the CFO shines.
Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting. Leadership and communication skills are equally important.
You have to really incorporate geopolitics into your existing riskmanagement frameworks and its centrally important that those riskmanagement frameworks have a voice at the Board. GF : Who should have the responsibility for understanding geopolitical risk and opportunities?
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This, however, does not necessarily mean that strategicplanning is off the table. The fact of the matter is that every business is subject to some amount of risk. A proactive way for business owners to mitigate their risk is through contingency planning. What Role Does Your CFO Play in Contingency Planning?
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When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller.
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The finance veteran has nearly three decades of experience spanning across strategicplanning, riskmanagement, and fundraising. In his new innings with DTDC, he is expected to play a key strategic role.
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Are you missing StrategicPlanning? Let’s quickly get through the first three items in any strategicplan. RiskManagement: Identify the potential risks that your company is going to face and develop strategies to mitigate them. Here’s a quick review. Remember that it is a living document.
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Members’ Profile: Thobile Dlamini In this edition of CFO Club Africa’s Members Spotlight, we are introducing Thobile Dlamini, the CFO at Eswatini Revenue Services. International Recognition : Awarded the prestigious Best Public Sector CFO in Africa (2023/2024) by ACCA.
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CFOs, with their unique understanding of financial risk and strategicplanning, must champion cybersecurity initiatives and weave them into the core of their business strategy. Ben Goodman "As a CFO, cyber threats and cyber resilience probably wasn't something you were focused on three years ago.
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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.” VP and CFO of Kajima Building and Design, Inc. Another panelist highlighted their investment in inventory, as well as managing growth in the business. The takeaway?
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vcfo is delighted to announce that Gary Golden has joined the vcfo Dallas team as a Consulting CFO. Prior to joining vcfo, Gary’s career includes Controller, Auditor, CFO, and Senior Vice President positions for organizations like Kinko’s and Blockbuster. About vcfo. At vcfo, our mission is always to make your company stronger.
A fractional chief financial officer is an outsourced financial professional providing high-level financial management and strategic guidance to a company on a part-time or project basis. This is particularly valuable for companies that don't require constant CFO oversight or cannot afford a full-time executive.
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Carrillo, Opus’ current executive vice president and CFO, has resigned effective Nov. Thompson is coming on board as Opus’ new EVP and CFO and will join its executive committee as well. Thompson is coming to the bank from Midland States Bancorp, where he was EVP and CFO as well. “We The financial institution (FI) said Nicole M.
Properly managing an organization’s taxes helps ensure the nonprofit maintains its exempt tax status. What is a Chief Financial Officer (CFO)? A Chief Financial Officer (CFO) is a senior executive in charge of the strategic direction and goal setting of a nonprofit’s accounting and financial management.
From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. It’s a shift from looking at what happened to planning what could happen.
Knowing when to bring in an Interim Chief Financial Officer (CFO) can be a strategic decision that significantly impacts a company’s trajectory. Unlike a permanent CFO, an interim professional is often engaged for specific projects, transitions, or critical periods of change.
Every family office should invest in technology best suited for their clients, capable of managing diverse portfolios and demonstrating healthy returns. Real-time visibility is a game-changer for family offices, and one that is fueling better strategicplanning for wealth management. Investment riskmanagement.
Afternoons are a mix of strategicplanning sessions and deep dives into emerging technologies, particularly Generative AI. Im passionate about lifelong learning, so I dedicate time to explore how the latest tools can solve real-world business problems and revolutionise industries like finance and supply chain management.
Small Business Financial Advisory: Your Strategic Partner for Growth Small businesses thrive on strategicplanning and informed decision-making. Whether you’re looking to expand, optimize operations, or manage cash flow, professional advisors are here to guide you every step of the way.
Proactive and strategicplanning in advance of exiting a business will ease the transition whether it’s passing the company on or divesting entirely. Succession planning: Good succession planning involves deliberation over what is needed for the long-term success of a business. consumer and small business relationships.
Ron is an experienced CFO with nearly 25 years of experience, holding extensive leadership roles, including serving on boards of private companies. We are delighted to announce that Brent Smith has joined the FocusCFO team, and is our first Houston-based team member.
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For a few years now, analysts have pointed to the evolution of chief financial officer (CFO) as a strategic member of the organization. Finding a solution to competing demands on the CFO presents an opportunity for innovation,” he said in a statement. One of the largest ways it can do so is for riskmanagement.
With a wealth of digital data available, trade finance becomes ripe for advanced analytics, offering deeper insights for riskmanagement, trend analysis, and strategicplanning. Initiating the digital transformation of trade finance workflows starts with comprehensive planning," he says.
If you manage an SME—referring to a Small and Medium-Sized Enterprise—you may look to a fractional CFO to provide strategic financial expertise and guidance. Here’s how a fractional CFO can serve your needs as the manager of an SME: Cost-Effective Financial Expertise: You may not have the budget to hire a full-time CFO.
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Mayank Goel , Partner Indirect Tax at KPMG India , says that from the point-of-view of a CFO, visualising this involves integrating tax planning seamlessly into the broader corporate strategy. Mayank Goel According to Goel, CFOs can leverage taxes strategically and navigate tax policy discussions effectively through various measures.
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While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category. Finance is categorized as strategic while accounting is much more tactical. Overseeing riskmanagement.
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