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CFOs must have strong analytical, strategic-planning, operational and communication skills, including an ability to work well with the CEO, board members and other senior executives. CFOs typically have at least 10 years of experience in accounting or finance, including a minimum of five years in a management role. Many companies prefer candidates who possess advanced credentials such as an MBA, CPA, CGMA or CMA. Professionals should possess knowledge of all aspects of GAAP. Public companies also require experience with SEC reporting. Public accounting experience is highly valued. Candidates for CFO should have held positions of increasing responsibility within accounting and finance, such as director of finance, director of accounting or controller.
Job Responsibility:
Providing strategic management of the accounting and finance functions
Directing accounting policies, procedures and internal controls
Recommending improvements to ensure the integrity of a company’s financial information
Managing or overseeing the relationship with independent auditors
Collaborating with chief information officers on technology decisions
Overseeing financial systems implementations and upgrades
Managing relationships with investors and investment institutions
Identifying and managing business risks and insurance requirements
Hiring, training and retaining accounting and finance staff
Requirements:
Strong analytical, strategic-planning, operational and communication skills
Minimum 10 years of experience in accounting or finance
Minimum 5 years in a management role
Advanced credentials such as MBA, CPA, CGMA or CMA preferred
Knowledge of all aspects of GAAP
Experience with SEC reporting for public companies
Public accounting experience highly valued
Experience in positions of increasing responsibility such as director of finance, director of accounting or controller
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