CFO: Chief financial officer is a person responsible for managing the company’s financial, cfos need to be strategically minded and able to execute strategies flawlessly, and need tactical awareness of shifting markets and competitor behavior, CFO also be adaptable to disruptions to revenue streams or know when to invest in something new to increase profitability. The Chief Financial Officer would be responsible for overseeing transactions made by their departments, recording them in books or databases, and reporting them to upper management or presenting records to external auditors, The CFO’s duties include tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses and proposing corrective actions.
ROLE OF CFO :
- The Role Of The CFO Revolved Around Producing And Analyzing The Financial Statements.
- To Be An Effective Business Partner, Today’s CFO Must Have The Necessary Leadership And Communication Skills.
- CFO Should Possess A Strong Understanding Of The Company’s Business Model And Industry And Be Able To Use This Knowledge To Provide An Independent Perspective And To Constructively Challenge The Commercial And Operations Teams, Ensuring That Business Decisions Are Grounded In Solid Financial Criteria.
- CFO Is An Increasingly Global And Volatile Environment With Additional Regulatory Burdens, It Often Falls To The CFO To Ensure Adequate Assessment And Mitigation Of Risk, And Compliance With Applicable Regulatory Or Other Legal Requirements .
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