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Chief Financial Officer Duties

oboloo Glossary

Chief Financial Officer Duties

The Chief Financial Officer (CFO) is responsible for the efficient operation and management of an organization’s financial resources. As the senior finance executive, they are in charge of overseeing areas including financial strategy, financial planning, budgeting and forecasting, compliance, risk management, accounting and treasury functions. CFOs are also instrumental in long-term strategic decision making and identifying new opportunities for generating revenue. They must stay up-to-date on industry trends, market conditions and regulatory landscape to ensure that their organization remains competitive. With the ultimate goal of creating value for the business, CFOs must have strong analytical skills and be highly adept at managing financial resources.

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