Finance Director / CFO
Finance Directors/CFO’s are vital team members within a business, responsible for managing a company’s financial health and long-term growth. A Finance Director/CFO typically sits on the senior leadership team of a business, reporting to the CEO or Managing Director, and they use their financial insight to develop business strategy.
Aside from being a number cruncher, you’ll need to have an affinity for working with those from different backgrounds, managing their expectations, and resolving conflicts as they appear. An ability to explain finance data to non-finance people, in a clear fashion requires strong communication skills.
A finance director’s responsibilities can vary, but mostly include the following:
Oversee the financial operations of a business
Manages and provides on-going training for the accounting function
Carries out weekly and monthly financial assessments for the purpose of reporting to the senior management team and having overall responsibility for the accuracy of the financial numbers.
Takes overall responsibility of each department’s budgets, evaluating the validity of the numbers provided.
Allocating capital for budgeted projects alongside the CEO and other department heads as well as monitoring projects to ensure completed on budget
Create or reviews annual financial plans and projections.
Analyses financial risks and benefits on business initiatives.