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  • Essay / The Role of the CFO - 1313

    The Role of the CFO This article will discuss the role of the CFO and how this particular role, in the realm of business expertise, differs from that of the shareholder and employee. The discussion presented in the paper will help determine how the financial manager maximizes shareholder value in today's financial market. Finally, the financial director's point of view will be compared to that of the shareholder and the employee. What is a financial director? help establish a company's valuation in today's global financial market. Quite simply, a CFO helps measure a company's market value and risk while also helping to systematically reduce its costs and the time needed to make informed decisions regarding goal-driven operations. This is quite a demanding game plan for an individual and most often financial managers in the corporate world work in cooperation with a team of financial experts. Each member of this team may have expertise in different areas of business, but each is no less an expert in their respective area of ​​work on behalf of the company. The team is formed under the leadership of the leader known in the company as the CFO who today is becoming increasingly indispensable to the CEO who leads a modern model of action-oriented corporate activity and the results (Couto, Neilson, 2004). . It can be accurately stated that the role of a competent and knowledgeable CFO is figuratively worth its weight in gold. As global markets – today's financial market – become increasingly complex, the tradition of learning by doing will no longer be enough. Today's CFO must be up and running with expertise ready to be used effectively as a CFO or as part of a team of financial experts within the CFO's office. In effectively navigating the international marketplace, CFOs find themselves in a technology-driven deluge of real-time information that helps them satisfy the knowledge demands of investors, commercial and investment bankers, shareholders, employees, brokers, traders and others who need to know particular companies. , their products and the markets in which they operate. The CFO is responsible for providing the information necessary to meet this incessant demand for a range of financial information that literally runs the gamut..