Download Vcard       The CFO’s role goes well beyond bookkeeping. Today’s CFO has a number of key functions within an organization, all of which are essential to the financial health of a growing business. The critical functions of an effective CFO focused on achieving an organization’s business targets are: KEY ADVISOR TO MANAGEMENT The CFO makes use of well-honed financial skills and business know-how to help management make a concrete connection between the operating aspects of the organization and its financial performance. RESPONSIBILITY FOR PROJECTS WITH A MATERIAL FINANCIAL IMPACT Projects requiring extensive quantitative and qualitative analyses, such as the budget process, the review of activities in terms of maximizing return, and risk analysis and mitigation MEDIUM- AND LONG-TERM FINANCIAL PLANNING Planning in light of strategic choices or, if required, ensuring that choices are aligned with realistic financial resources. CONTROL OF KEY STRATEGIC ELEMENTS A high level of involvement in strategic planning and target achievement. MANAGEMENT OF SPECIAL MANDATES Such as development of an acquisition strategy to support growth, sale of some or all of the business’s activities, identification of financing or access to capital markets. SETTING-UP AND SUPERVISION OF INTERNAL CONTROLS Effective cash and expense management controls, establishment of customer credit policies and negotiation of favourable agreements with major suppliers. THE SOLUTION: CFO SOLUTION INC.