Who is Chief Financial Officer

In finance, chief financial officer who manages main financial matters like financial planning, financial reporting, investment analysis and financial risk. We also say him CFO in short form. He makes plan for getting new fund and budget for effective utilization of resources. He has to give reports to board of directors on all the financial matters.

Who can Become Chief Financial Officer 

All the candidate who has the degree of MBA Finance can become CFO. Outside India, Certified Public Accountant (CPA) and Certified Management Accountant (CMA) can become CFO.

New Area of Chief Financial Officer for Working 

1. Today, CFO is searching new area of his work. This area is to make the strategies for business.

2. CFO unlock the value of business in volatile times. When company buy or sell its company or division to other company and market is going to up and down. At that time, CFO has to deeply analyze and unlock the best price for this dealing of amalgamation, merge or acquisition.

Ahmed Mazhari, Senior Vice President, Genpact Europe, discusses, How are CFOs dealing with the challenge of big data?

3. Today, CFO is also working for business transformation. It means to shift business to next level in changing business environment. For this, CFO will recommend many useful advice to BODs. for increasing the market share or revenue.

In following video, Detlef Thielgen, CFO of pharmaceutical company UCB, outlines how the role of the CFO is no longer just about dealing with the traditional finance functions, but being a key driver of change in transforming the business.