What does a CFO do, what does a CFO do

Updated on technology 2024-04-12
11 answers
  1. Anonymous users2024-02-07

    The Chief Financial Officer, also known as the Chief Financial Officer (CFO), is the inevitable product of the development of corporate governance structure to a new stage.

    There are three main tasks of the CFO:

    The second is to 'sell' the company like sales, to sell the company to investors, and the person who really decides the fate of the listed company is the best manager and large institutional investor, so investor relations is a very important issue for CFO;

    The third task is to implement the company's strategy at the lowest cost through mergers and acquisitions.

  2. Anonymous users2024-02-06

    As a financial decision-maker, the chief financial officer, also known as the CFO (chief financial officer), is the inevitable product of the development of the corporate governance structure to a new stage.

    Extended Materials. What you need to know.

    Mission and functions of the CFO.

    Corporate strategic planning and financial strategy undertaking.

    Provide financial management reporting and analysis system for decision support.

    Plan for a comprehensive budget management system for the future.

    Working capital management system for the whole value chain.

    Comprehensive risk management system.

    Enterprise investment, M&A, value management.

    Value-creating tax management.

    Leadership and organizational skills of the CFO.

    The CFO's planning and capacity building for team building.

    Practical exercises for the ability of the CFO.

    Qualifications. Competency requirements.

    Have a comprehensive knowledge of financial and accounting professional theory, modern enterprise management knowledge, familiar with financial laws, regulations and systems;

    Familiar with finance-related laws and regulations, investment, import and export**, corporate financial systems and processes;

    Participated in the analysis, demonstration and decision-making of large investment projects;

    Familiar with tax law and policy, operational analysis, cost control and cost accounting;

    Rich experience in financial management, capital planning, financing and capital operation;

    Good oral and written communication skills.

    The understanding of CFOs by many people in China and some companies, is not accurate, or at least incomplete. In the United States, only listed companies have CFOs, and many CFOs do not specialize in finance, and the finance department is just a department they are responsible for, which is the most basic homework; The key to its value embodiment is to play a leading role in the strategy.

    There are three main tasks of the CFO:

    Second, it is to 'sell' the company like sales, to sell the company to investors, and the person who really determines the fate of the listed company is the first manager and large institutional investor, so investor relations is a very important issue for CFO;

    3. Implement the company's strategy at the lowest cost through mergers and acquisitions;

    From this, the criteria for a good CFO are: independent judgment, strong business sense, thorough understanding of the business, easy operation in the capital market, and strategic vision.

  3. Anonymous users2024-02-05

    =|||How to say it, if you are major, you should study and manage economics, have a smart mind, good communication skills, it is best to have studied abroad, and have a better family background.

  4. Anonymous users2024-02-04

    The work of the CFO mainly includes: through appropriate financial means, the management of various financial departments, the strategic operation and management of the company's capital activities, and the improvement of the company's operating performance, so as to attract external investors. The Chief Financial Officer (CFO) is a position responsible for the finance, accounting, financing, investment relations and legal affairs of the company, and the management of the company's finance, accounting, information service department, and public relations between the company and investors.

    Introduction of the Chief Financial Officer.

    The introduction of the CFO is an inevitable product of the development of the corporate governance structure to a new stage, and the governance structure without the CFO is not a perfect governance structure in the modern sense.

    The CFO needs to have a comprehensive knowledge of financial and accounting theories, modern enterprise management, and be familiar with financial laws, regulations and systems; Familiar with finance-related laws and regulations, investment, import and export**, corporate financial systems and processes;

    CFOs also need to have been involved in the analysis, argumentation and decision-making of larger investment projects; Familiar with tax law and policy, operational analysis, cost control and cost accounting; Good oral and written communication skills.

  5. Anonymous users2024-02-03

    It is the most senior management person who is responsible for the day-to-day operation and management of an enterprise, and has the ultimate authority to implement business management decisions within the company or organization.

    The main responsibilities of the CEO:

    1. Make decisions on all major business and operation matters of the company, including the increase or decrease of finance, business direction, and business scope;

    2. Participate in the decision-making of the board of directors and implement the resolutions of the board of directors;

    3. Preside over the company's daily business activities;

    4. Sign contracts or handle business with external parties;

    Fifth, Ren Yuan dismissed the company's senior management; Rock Crack Forest.

    6. Report the business situation to the board of directors on a regular basis and submit annual reports. Other responsibilities of the CEO can also include trees.

  6. Anonymous users2024-02-02

    The CFO CFO is an inevitable product of the development of a new phase in the corporate governance structure. A governance structure without a CFO is not a sound governance structure in the modern sense.

  7. Anonymous users2024-02-01

    Hello classmates, I'm glad to answer for you!

    The CFO is responsible for senior management who manages the financial activities of the entire company, including signing checks, overseeing cash flow and financial planning.

    **Application Requirements:

    1. Be at least 18 years old;

    2. Have full capacity for civil conduct;

    3. Have a high school education or above;

    4. Other conditions stipulated by the China Securities Regulatory Commission.

    Candidates must pay attention to see if they can apply for the exam.

    Gordon wishes you a happy life!

  8. Anonymous users2024-01-31

    Chief Financial Officer.

    The English abbreviation "CFO" refers to the person responsible for finance, accounting, investment, financing, investment relations and legal affairs, and is responsible for managing the financial department, accounting department, information service department of the enterprise, and responsible for the public relations between the company and investors.

    The company's own investment affairs and complex legal matters also need to be managed by the CFO.

    The main responsibilities of the CFO include: conducting strategic operations through financial means to market the company to investors; handling investor relations; Implement the company's strategy at the lowest cost through mergers and acquisitions. Wait.

  9. Anonymous users2024-01-30

    The Chief Financial Officer, abbreviated as "CFO", refers to the position responsible for finance, accounting, investment, financing, investment relations and legal affairs, responsible for managing the company's financial department, accounting department, information service department and public relations between the company and investors.

    The main responsibilities of the CFO include: through financial means, carry out the operation of the company's strategy, and promote the company to investors; handling investor relations; Through mergers and acquisitions, the company implements corporate strategies at the lowest cost.

  10. Anonymous users2024-01-29

    Manage the company's affairs and grasp the company's direction. There's nothing that isn't busy! In a nutshell, the CEO is accountable to the company's board of directors and is often a member of the board.

    Have the ultimate authority to execute business management decisions within the company or organization. In smaller companies, the CEO may be both chairman of the board and president, but in large companies these roles are often held by different people, so as to avoid one person having too much role and power in the business, and also to avoid conflicts of interest between the company itself and the company's owners (i.e., shareholders).

    The main responsibilities of the CEO are:

    1. Make decisions on all major business and operation matters of the company, including the increase or decrease of finance, business direction, business scope, etc.;

    2. Participate in the decision-making of the board of directors and implement the resolutions of the board of directors;

    3. Preside over the company's daily business activities;

    4. Sign contracts or handle business with external parties;

    5. Appointment and dismissal of the company's senior management;

    6. Report the business situation to the board of directors on a regular basis and submit annual reports.

    Other responsibilities of the CEO can also include establishing, reinforcing or changing the corporate culture, team building, and more. - Carefree.

  11. Anonymous users2024-01-28

    Hello classmates, I'm glad to answer for you!

    The translation and meaning of this word are as follows: senior managers who are responsible for managing the financial activities of the entire company, including signing checks, supervising cash flow and financial planning.

    Hope Gordon Online School.

    Questions are welcome to be submitted to Gordon Enterprises.

    Gordon wishes you a happy life!

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