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The Role Of The Chief Financial Officer And Ways Of Getting To That Position

By Author: Kate Smith
Total Articles: 179

The role of Chief Financial Officers (CFO's) has come to occupy a position of eminence in today’s corporate setups. CFO's are uniquely placed to be considered part of an organization’s critical mass because of the enormity of responsibility they carry and the variety of functions they perform. Today, an organization is incomplete and unthinkable without a CFO.
Many qualities needed
What does it take to be one? A CFO has to have a very keen ken for every aspect of finance. She should know all the tones and tinges of finance and the way this discipline impacts the overall functioning of the organization, no matter which business it is in. In addition, each CFO has to have her own unique style of functioning and should be able to leverage her talents and knowledge for taking the organization forward financially.
A SWAT analysis is in order to understand the role of the CFO. This analysis should take into consideration the person’s Strengths, Weaknesses, Achievements & Threats needed to make the CFO, as well as the organization, successful.
Getting the answers to a host of questions
How does one do a SWAT of the CFO’s position? What is the difference between the differences between the controller, treasurer, financial analyst and the CFO? What is the role played by the CFO in today’s fast paced environments? How do you leverage your strengths and climb the steps to success that eventually culminates in this position?
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