The Role of a CFO

What does a CFO do?

A CFO’s (Chief Finance Officer’s) role is to get fully engaged in your business. They regularly drill down into your financials to help you plan, forecast and monitor financial performance. A CFO can provide valuable help to you in the following areas:

• Help strategize, plan and operate your business to your maximum financial advantage.
• Analyse results and build forecasts in the context of the company’s objectives and strategies, in order to support sound decision making for the future.
• Plan and consider how financial transactions should be treated, consistent with the strategies of the business, and considering relevant tax, legal, technological and economic implications.
• Work with and mentor your Finance function (Financial Manager / bookkeeper) and/or external Accountant to build a solid department that delivers best practice for the business.
• Focus on a clean, quick, and solid closing of the books and company audit within a short time period from close off.
• Establish comparative trends and key indicators that provide early warning for business leaders.
• Work to optimize the value of the business for the owners.
• Ensure you (the owner or CEO) understand the key financial levels in the business and how to harmonize these for success.

Our CFOs are qualified accountants with decades of commercial experience in high level finance roles. They have controlled the finances of companies across a huge variety of industries and sectors – plus with a team of over 750 CFOs globally, you can be sure to get the answers from someone who has been there and done it.

What’s more, you can have a high calibre part-time CFO at a fraction of the cost of a full-time resource. Outsourcing a CFO is tremendously cost effective and most CFOs pay for their own time with the cost savings they identify in your business.

Book a free 1hr call with one of our experienced CFOs to review the 7 critical areas in your business. You will come away feeling clearer about your options for increasing cash and mitigating risk.

If you feel our expertise could benefit your business, please click here to get in touch.

Or for more information about The CFO Centre please call us on 0861 127 280.