CFO Talks

NOVEMBER 11, 2024

Additionally, I learned the importance of cultural sensitivity and effective communication. Communication Skills: Effective communication is vital for conveying complex financial information to non-financial stakeholders, including the board of directors and investors. Seek out diverse experiences within your organization.

CFO 52

CFO Leadership Problem Solving Communication 52

Fpanda Club

FEBRUARY 5, 2024

Moreover, over 30% of finance leaders still do not have a seat at the table during strategic planning discussions. Monthly closing, reporting, compliance and support in audit are among the most frequent responsibilities mentioned in the descriptions. Literally almost everything but finance business partnering.

Finance 130

Finance Analyzing Data Communication Benchmarking 130

Future CFO

JUNE 10, 2024

Amongst trade transaction stakeholders, MacLennan says digitisation "dramatically improves communication and collaboration." With a wealth of digital data available, trade finance becomes ripe for advanced analytics, offering deeper insights for risk management, trend analysis, and strategic planning.

Finance 90

Finance Compliance Communication Strategic Planning 90

VCFO

JULY 23, 2024

Finding Success as an Aerospace & Defense Supplier Analyst outlooks for the Aerospace and Defense (A&D) industry point to significant, continued growth as strong travel and communication demand fuel the commercial sector, and a changing military landscape feeds more defense spending. AS9100D:2016, ISO 9001:2015, QSLM)?

Compliance 86

Compliance Communication Strategic Planning Budgeting 86

VCFO

NOVEMBER 1, 2023

Now is also a good time to reach out to auditors (if an audit or CPA review is required) to plan the timing of the audit, discuss material changes in the business that might impact financial results and/or disclosures, and to obtain a list of their “PBCs” (schedules to be “prepared by client”). What About Borrowing?

Finance 88

Finance Strategic Planning Auditing CFO 88

Future CFO

JULY 14, 2022

For example, companies operating in carbon-intensive sectors may face higher carbon taxes and other compliance costs, or find themselves becoming less viable to operate in the future economy,” said Lee Bing Yi , Sustainability & Climate Change Director at PwC Singapore. CFO’s role in driving ESG strategy.

Risk Management 98

Risk Management Compliance Finance Planning 98

CFO Talks

OCTOBER 25, 2023

The steward ensures company compliance with financial reporting and control requirements.There are 8 competencies associated with this role, including understanding financial information systems, risk management, and fraud prevention. Key competencies include staff planning, project management, and corporate finance.

CFO 52

CFO Leadership Risk Management Strategic Planning 52

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting.

Nonprofit 67

Nonprofit Finance CFO Compliance 67

PYMNTS

JULY 7, 2020

The tax office will continue to communicate with relevant businesses abroad … the number of companies assigned to apply VAT for digital products will likely increase,” Hestu Yoga Saksama, tax office spokesman, told Reuters. “It Amazon Web Services, Google and Spotify did not respond to requests for comment.

Sales 56

Sales Strategic Planning Budgeting Compliance 56

CFO Talks

JULY 23, 2024

This requires a robust risk management framework and regular communication with key stakeholders. Strengthen Internal Controls Strong internal controls are essential for preventing fraud and ensuring compliance with regulations. Stay Informed About Regulatory Changes Regulatory compliance is a key aspect of risk management.

Risk Management 52

Risk Management CFO Compliance Communication 52

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Communication: Effective communication is critical. Errors can have significant consequences.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

The Finance Weekly

OCTOBER 13, 2021

Strategic: Quality of various strategies helping companies reach short and long term goals. Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. CPM involves a greater emphasis on improving communication and business strategies within a company.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

The Charity CFO

NOVEMBER 23, 2022

Expertise in various technology systems also helps improve bookkeeping and accounting productivity, accuracy, and compliance. Excellent Communication Skills. The ability for communication, with various stakeholders, is essential for the finance director role. Strategic Thinking. How to verify. How to verify.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

The Charity CFO

JUNE 7, 2023

Is this just a necessary evil just to meet compliance requirements , and make sure there’s enough cash in the bank? In this post, we’ll walk through the most important financial statements, and explain the strategic benefit you can gain by pulling the maximum value from the data. Nonprofit financial statements.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Financial Analysis 52

Future CFO

JANUARY 7, 2024

Finance leaders must collaborate with chief information officers and chief transformation officers to align budget priorities, integrate strategic planning decisions, and respond swiftly to market changes.

CFO 52

CFO Risk Management Leverage Forecasting 52

VCFO

JANUARY 23, 2023

All too often, employees work in an environment where what they are supposed to be accountable for is unclear, poorly communicated, or evolving without their awareness. Building a Foundation of Accountability A prerequisite for accountability is clearly articulating and communicating the company’s values, vision, core focus, and goals.

Accounting 77

Accounting Leadership Communication Planning 77

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Future CFO

NOVEMBER 15, 2023

Risk Management and Compliance CFOs need to ensure that their financial processes and spreadsheets comply with various regional and international regulations. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A) 52

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

VCFO

MARCH 9, 2022

Armed with excellent communication skills and creative problem-solving techniques, she partners with stakeholders to leverage strategic HR to achieve objectives and implement best practices in the people space. At vcfo, Karli works as a Senior People Operations/ Human Resources Consultant. About vcfo.

Problem Solving 52

Problem Solving Prioritization Compliance CFO 52

The Charity CFO

NOVEMBER 10, 2022

Improves compliance. A solid picture of finances helps with strategic planning, identifying new fundraising opportunities, and evaluating program effectiveness. Look for an accountant that offers bookkeeping, financial reporting, budgeting, strategic planning, and audits. How often do they communicate with clients?

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

MARCH 22, 2024

Compliance and privacy concerns: As more states introduce legislation regarding digital privacy , nonprofits must be able to keep up with regulatory compliance and keep data safe. After choosing KPIs and their benchmarks, you can start incorporating data insights into strategic planning.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Spreadym

JUNE 15, 2023

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

Planning 52

Planning Prioritization Concentration Compliance 52

Spreadym

SEPTEMBER 27, 2023

It involves a set of processes, methodologies, metrics, and systems designed to help businesses effectively plan, monitor, and manage their performance to achieve their strategic goals and objectives. Budgeting and Forecasting: CPM involves the creation of budgets and financial forecasts that align with the strategic plan.

SAP 59

SAP Budgeting Forecasting Auditing 59

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. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

JUNE 30, 2023

By analyzing large volumes of data and identifying patterns and trends, AI systems offers valuable insights for market analysis, customer segmentation, demand forecasting, and strategic planning. B2B offerings in the everything-as-a-service (XaaS) area are gaining speed and breadth across virtually all industry sectors.

SAP 71

SAP B2B Leverage Analyzing Data 71

Centage

JULY 12, 2022

Kate Drenckhahn is Centage’s Senior Product Manager focused on the strategic planning and execution of new and existing Planning Maestro functionality. Most recently Kate wore many hats at CABEM Technologies, where she managed a competency and compliance management system.

Compliance 52

Compliance Budgeting Data Analysis Prioritization 52

Onplan

DECEMBER 16, 2021

With that in mind, here are some of the most important functions of an accounting team a CFO needs to keep an eye on: Creating financial statements Financial reporting Payroll Customer Invoicing Vendor/employee payments Entity taxes Compliance. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

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

Onplan

DECEMBER 16, 2021

With that in mind, here are some of the most important functions of an accounting team a CFO needs to keep an eye on: Creating financial statements Financial reporting Payroll Customer Invoicing Vendor/employee payments Entity taxes Compliance. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

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

Jedox Finance

JULY 3, 2019

Our time and energy will shift from compliance and control to planning, analysis, and business partnering—deploying resources rather than just counting coins. You represent the CFO’s point of view, and it also necessitates a complementary skill set of communication, influencing and relationship-building to be effective.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

CFO Talks

MARCH 20, 2024

Strategize: Spend your energy on planning for growth and improving the business. Communicate: Keep talking to your team, especially the Controller, to ensure you’re all aiming for the same goals. Leave the daily grind to the Controller and trust your team.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

The Charity CFO

AUGUST 28, 2023

This isn’t always a priority for dedicated nonprofit professionals, who may spend more of their time focusing on the issue or cause their group is involved with, as well as programming, donor relations, and event planning decisions. However, financially-minded folks are crucial for a variety of reasons.

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

The Charity CFO

NOVEMBER 17, 2022

A well-crafted budget can be a powerful tool for decision-making, helping you to prioritize spending in line with your strategic goals. It can also be a valuable communication tool, providing clarity for staff, volunteers, and donors about where their money is going and how it’s making an impact.

Nonprofit 52

Nonprofit Budgeting Forecasting CFO 52

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Planful

OCTOBER 25, 2016

Instead, the focus should be on identifying the risks associated with various business operations and initiatives, then managing the risks vs. returns and ensuring effective communications when risks start to heat up. But risk management is also a key component of effective enterprise performance management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Jedox Finance

AUGUST 23, 2022

Instead, the goal of an integrated planning solution is to better support overall performance of the company. To keep pace with these changing business and compliance requirements, the flexibility of integrated planning is needed. Transform more than just your planning. Develop a plan with clearly defined goals.

Planning 52

Planning Budgeting Forecasting Reconciliations 52

CFO Talks

OCTOBER 10, 2022

There are also compliance issues that you need to maintain, so you don’t go over and above what your role asks you to do. You have to show communication skills and you have to cut across all functions or departments to have a clear understanding of the organisational needs.

CFO 52

CFO Transportation Education Accounting 52