Chief financial officer
The chief financial officer (CFO) or chief financial and operating officer (CFOO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. In some sectors the CFO is also responsible for analysis of data. The title is equivalent to finance director (FD), a common title in the United Kingdom. The CFO typically reports to the chief executive officer and to the board of directors, and may additionally sit on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO reports directly to the president/chief executive officer (CEO) and directly assists the chief operating officer (COO) on all strategic and tactical matters as they relate to budget management, cost–benefit analysis, forecasting needs and the securing of new funding.
Qualification
Most CFOs of large companies have finance qualifications such as a Master of Business Administration, Master of Science, or come from an accounting background such as a Certified Public Accountant. A finance department would usually contain some accountants with Certified Public Accountant, Chartered Accountant, Certified Management Accountant, Chartered Certified Accountant, or equivalent status.
Latest News for: cfo
AMP names new CFO ahead of AGM in Sydney
The Daily Telegraph Australia 02 May 2019BNP Paribas not interested in any acquisitions at this stage, CFO says
CNBC 02 May 2019BNP Paribas CFO: Global market pickup lower than expected
CNBC 02 May 2019Erdene Appoints New CFO
Nasdaq Globe Newswire 02 May 2019Meet Krish Venkataraman, a 2019 CFO of the Year honoree
Business Journal 02 May 2019Meet Amy Lettelleir, a 2019 CFO of the Year honoree
Business Journal 02 May 2019Kellogg CFO steps down, earnings slide on higher input costs
This is Money 02 May 2019American Water CFO to retire
Business Journal 02 May 2019UPDATE 1-Kellogg CFO steps down, earnings slide on higher input costs
Reuters 02 May 2019ServiceNow CFO Mike Scarpelli To Leave Company in Q3 2019
Public Technologies 02 May 2019FIS CFO talks Worldpay merger, Jacksonville growth
Jacksonville Business Journal 02 May 2019- 1
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