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As with anything in the world, the financeleadership landscape has been evolving especially following the COVID-19 pandemic which brought about drastic changes into the market. The evolution Huggins says the key traits of a financial leader and the concept of leadership have both evolved amid the changing landscape.
In todays Female Leadership in Finance interview, Ong shares with us her advice for aspiring female finance professionals, the challenges facing her as a finance leader, and how hiking inspires her life and career. FutureCFO: When did you start to become interested in finance? My father is an accountant.
Financeleadership is undoubtedly not a cakewalk, as it involves various roles for the organisation to grow and drive value. Chief finance officers now work as strategic advisors to the C-suite team, with specific strategies at hand to bring in innovation for the company as a whole.
In the ever-evolving financial services industry, maintaining transparent communication between boards and stakeholders is more crucial than ever. Explore Proven Communication Strategies that enhance financial transparency, offering actionable insights for leaders aiming to foster trust with investors and boards.
For quite some time now, finance leaders oversee even non-financial strategic matters: environmental, social, and governance (ESG), the increasing regulatory requirements, and systems and software, including artificial intelligence , as well as talent management.
Foundations for success Chengs work ethic translates to his leadership. He says that a leader should have a blend of two qualities: a good communicator and a deep thinker. Good times can sometimes mask bad leadership. And then people will look for leadership very quickly elsewhere. How were we able to recover?
The Finance department has undergone significant scope changes as the chief financial officers take on new roles for their evolving position. 2024’s snapshot In the year that is about to end, being a finance leader in the consumer healthcare industry in Southeast Asia undeniably saw several challenges in the last couple of years.
The finance function is undergoing a seismic shift. Technological advancements, evolving market demands, and a heightened focus on sustainability are converging to reshape the finance landscape. A recent report by McKinsey estimates that automation could potentially displace up to 30% of work activities in finance and accounting.
When 2024 ended, its trends and themes for the Finance function certainly did not ceaseas digital transformation , ESG, and cyber security costs continue to dominate the stage for chief financial officers to watch. As the Finance function traverses 2025, the challenges of yesteryear weigh on CFOs' shoulders.
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. My career began as an admin clerk and bookkeeper, roles that left me feeling unfulfilled.
With steady CFO leadership now paramount, finance leaders should prioritize cash and keep open their lines of communication with shareholders and employees.
What should you look for when hiring a CFO or bringing fractional financial leadership on board? As a Director of Finance, which skills should you look to bolster if you want to keep progressing in your career? Which characteristics do the best CFOs share?
The Art of Leadership: Insights from Paula Amesbury on Inspiring Teams and Navigating Change Introduction Leadership is more than making strategic decisionsits about inspiring people, adapting to change, and creating a culture where teams thrive. One-size-fits-all leadership doesnt work.
In today’s fast-paced business environment, leadership transitions are often unavoidable due to unexpected departures, mergers, or restructuring initiatives. Enter interim leadership, a strategic solution providing organizations with the expertise to navigate these challenging times. How Can Interim Leadership Address These Issues?
Alexandre has held various executive positions at LVMH, including a four-year stint as CEO of German luggage maker Rimowa and as vice president of product, communications, and industrial affairs at Tiffany & Co., Under his leadership, sales increased, making the New York-based jeweler the largest contributor to the group’s growth.
Joanne Chengs career had already carried her through multiple successful exits and financeleadership roles when an unexpected opportunity arose. The company was still smalljust about 90 peopleand lacked a finance team. She saw, firsthand, the immense value this product could bring to finance leaders.
There is often tension as a board focuses either on fundraising or finance. In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Paul Morris, Executive Fundraising Coach at Auxilia , to discuss the critical partnership between finance and development in nonprofits. Check out his first episode here.
Enhanced Donor Trust : Transparency in this approach reassures donors and stakeholders that their contributions are being managed wisely, because each team has a strong understanding of their finances, strengthening relationships and encouraging continued support. Ready to empower your leadership team with financial clarity?
Ethical Leadership Because Orange Jumpsuits Are Not a Good Look In todays business world, ethics play a crucial role in corporate leadership. Ethical leadership is more than just following rules; it is about making decisions that are fair, transparent, and responsible. What is Ethical Leadership?
Members’ Profile: Lutic Molo Mosoane In this edition of CFO Club Africa’s Members Spotlight, we are introducing Lutic Molo Mosoane, a visionary leader and finance expert with a passion for driving impactful change through financial innovation and strategic leadership. Before then, I was focused on becoming a social activist.
How to Prepare Your Finance Team for Growth One of your most important roles is to nurture and develop your finance team. Preparing your finance team for growth is not just about giving them new tasks; its about equipping them with the skills, mindset, and tools to thrive in a changing world.
Joanne Chengs career had already carried her through multiple successful exits and financeleadership roles when an unexpected opportunity arose. The company was still smalljust about 90 peopleand lacked a finance team. She saw, firsthand, the immense value this product could bring to finance leaders.
Of course, technology has a role to play in the evolution of the CFO role and the development of the finance function. According to a McKinsey Global Survey on the role of the CFO, finance leaders are deeply involved in determining how businesses adapt to these trends—particularly in those places where digital and finance intersect.
Rouse has an extensive career in finance and has been CFO of Dallas-based Thryv for over 10 years. Global Finance: How has the CFO role changed? Rouse: We use it not just for finance but also for business operations, which I think is even more crucial. Rouse: Communication. GF: What do you use AI for at Thryv?
What does this mean to the finance and accounting team of 2022? According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.
Cultivating Organisational Success Through Effective LeadershipLeadership plays a critical role in driving the success of any organisation, especially when navigating the complexities of today’s fast-paced business world. Simplify complex financial data when communicating with non-financial staff.
Clodagh Farrell (pictured), Vice President and Chief Financial Officer, Asia Pacific, Middle East and Africa, DXC Technology , once dreamt to become a dress designer, but financial constraints back then drove her to choose business and finance, which eventually opened up a huge world filled with exciting opportunities.
Inside The Mentoring Round , PairSoft CFO Matt Collis shares his leadership philosophy on transparency, communication, and cultural alignment. Collis relies on finance as a cross-functional connector , ensuring teams understand why financial decisions are made.
Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What sparked your interest in finance?
Holton’s professional path is guided by a passion for numbers and a philosophy that sees finance not just as a support function, but as a powerful tool for steering businesses toward success. What sparked your interest in finance? Finance is essentially a support service for most businesses. No one is the same.
Members’ Profile: Ronel Jooste In this edition of our CFO Spotlight series, we are featuring Ronel Jooste, a dynamic force in the worlds of finance, wellness, and leadership development. What sparked your interest in finance? Both my parents have a background in finance.
The Importance of Self-Awareness in Leadership Development As a CFO, your role extends beyond managing finances; you are a key leader within your organisation. Leadership isn’t just about guiding your team or making strategic decisions; it’s also about understanding yourself. What is Self-Awareness?
Companies must take a structured, strategic approach that aligns leadership, streamlines processes, and maintains stakeholder confidence. A well-defined PMI model typically includes: Pre-Integration Planning: Establishing objectives, leadership alignment, and an integration roadmap before the deal closes.
The CFO role traditionally has two high-level leadership archetypes: strategic and operational. The modern CFO must possess both expertise in operational and strategic finance to meet the evolving needs of business and the finance function. What is Operational Finance?
Arriving at a high school in Cape Town, South Africa, without speaking English, Cosmin Pitigoi faced an immediate communication challenge. Years later, that same resolve reemerged in eBays IR function, where Pitigoi realized the company’s available data was falling short in communicating the breadth of eBay’s story.
ACCA's Global Talent Trends Survey 2024 revealed that 78% of the respondents say diversity and inclusion are important amid the continuing talent crunch in the finance sector. My experience has been that the finance and accounting function has become quite equitable. Kell says there are two key areas to address in this matter.
Its green projects include the Green Cities program and the Green Finance Academy, aimed at encouraging banks to scale up their green financing. billion) in sustainable finance in the first nine months of 2024, based on bank-only management information system data, a sum that includes small and midsize enterprise (SME) loans (e.g.,
With the future of finance circling the management across functions, the formation of the right concoction of capabilities, and the establishment of a strong data foundation, it is expected that finance leaders look into strategies to not only succeed but also sustain transformative leadership.
While the firm acknowledges that the need for finance talent will remain high, it expects demand for operational profiles to grow less, due to automation and outsourcing of certain activities. Finance leaders need to adopt new technological advancements to streamline financial planning and analysis, reporting and finance operation process.”
Talking Money Without Causing Panic Numbers tell the truth, but how you communicate with them determines how they are received. As a CFO, your role goes far beyond reporting figuresyou shape strategic decisions, guide leadership, and influence confidence in the business. Yet, transparency must be handled with care.
Change is happening in Finance, and we have outlined both how the mindset should change and how to create time and energy for doing more value-adding work. Especially if you are a CFO and looking at your finance function and thinking how you can transform it to Finance 4.0. Fostering conviction. Role modeling.
Eager to drive business outcomes, Keefe immersed himself in tech, soon discovering a passion for FP&A and leadership. That was when I realized finance is so much more than keeping scoreits about guiding strategic decisions, Keefe tells us. Foster a human-centered culture where finance empowers rather than polices.
One industry that tends to be recession-resistant is finance. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.
At the forefront of this situation, the archipelago's chief financial officers and finance leaders are expected to be sustainability champions, integrating ESG factors into their financial planning and reporting processes. He adds that connection with investors is necessary as they are now increasingly focused on sustainability.
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