FAQs
CFO Job Description and Role Information | Robert Half Singapore? ›
Reporting to the Group CEO, you will lead a team both locally and remotely and be responsible for overseeing the full spectrum of Finance and Accounting activities including consolidation of financial reporting, budgeting and forecast, working capital and debt management, tax and internal controls.
What is the CFO job description? ›The term chief financial officer (CFO) refers to a senior executive responsible for managing the financial actions of a company. 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.
What are the roles and expectations of a CFO? ›This executive is in charge of a company's financial operations. A CFO's responsibilities include internal and external financial reporting, stewardship of a company's assets, and ownership of cash management. Increasingly, the role is more forward-looking and expanding to incorporate strategy and business partnership.
What is the job description of a CFO listed company? ›The CFO is responsible for driving change in the finance function or organisation at large. He/She can push for business improvement initiatives such as efficient cost reduction, procurement and pricing, as well as develop processes and promote innovations that create value for the company.
What is the job description of a CFO template? ›Chief Financial Officer Job Responsibilities:
Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; and implementing change.
CFOs oversee all the financial operations of an organisation, including accounting and financial reporting. They manage all aspects of financial matters and decision making. CFOs oversee all the financial operations of an organisation, including accounting, financial reporting.
What is the difference between a finance manager and a CFO? ›Finance managers are more transactional, while CFOs are more of strategic. Typical finance manager takes care of day to day finance operations such as accounts, treasury, book keeping, payroll, etc...
What is the goal of a CFO? ›Setting long-term yet feasible financial goals. Analyzing the business environment to identify potential growth opportunities. Developing and executing financial strategies in line with the company's objectives. Organizing and leading cross-functional teams to achieve goals.
What is the role of a chief finance and operating officer? ›Written By Zippia Team Updated June 25, 2024. 6 min read. A chief finance and operating officer is a senior executive who manages an organization's financial actions, produces financial statements, and communicates results with stakeholders.
How does a CFO add value to a company? ›The CFO can Improve Company Profitability
Controlling costs, improving productivity, and analyzing and suggesting pricing strategies are three ways the CFO can impact the bottom line. Through oversight and management of the financial departments, the CFO has access to past and current financial reports.
What is the best description of a CFO? ›
The chief financial officer (CFOs) holds the top financial position in an organisation. They are responsible for tracking cash flow and financial planning and analysing the company's financial strengths and weaknesses and proposing strategic directions.
What is the job description of a personal CFO? ›Personal CFOs provide planning guidance to companies of all sizes in contrast to a corporate CFO in a large enterprise. A personal CFO focuses on accounting activities within a business. They work closely with the accounting team, zeroing in on the details of a company's financial needs.
What is the professional profile of a CFO? ›A strategic thinker with a successful history of scaling companies from the evolution stage to IPO and beyond. Expertise in accounting/financial planning, forecasting, and analysis, with a track record of providing thought leadership in KPI development, investor relations, and fundraising initiatives.
How does a CFO make money? ›In addition to salary, CFOs may also be compensated in stock options, incentive bonuses, and other forms of compensation. CFO salaries vary widely depending on their experience, the size and type of company, and the city in which it is located. On average, CFOs make about eight times as much as the company's employees.
Is a CEO higher than a CFO? ›The CEO is the highest-ranking role in the organization. CEOs and CFOs are not equal in the organizational hierarchy, despite both having 'Chief' in their titles. Generally, the CEO reports to the board of directors, whereas the CFO reports to the CEO.
What qualifications do you need to be a CFO? ›The majority of CFOs will understandably have an educational background in finance, business, economics or management. A typical path would be a bachelor's and master's degree in accounting or other finance-related studies, alongside the ACCA qualification.
What position is higher than a CFO? ›Each C-suite position has distinct responsibilities within a company's leadership hierarchy. CEOs set long-term goals and strategic direction, COOs oversee day-to-day operations, CFOs manage financial matters, and CIOs handle information technology strategies.