Chief Financial Officer

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Chief Financial Officer (CFO)

The officer of a firm responsible for handling the financial affairs of a company.

Chief Financial Officer

In a corporation, the official charged with overseeing all financial matters. The CFO is the equivalent of a treasurer: he/she is responsible for ensuring the long-term financial health of the corporation. This includes mundane matters like signing checks and record keeping, but the CFO is also head of financial forecasting, budgeting, and managing the company's financial risk. The CFO is often a member of the board of directors, and reports to the CEO. In the United States, it is common for CFOs to have an MBA degree, but not necessarily a professional designation like CPA or CFA.
References in periodicals archive ?
Plumlee was the fifth finance director to work in Oakridge during the seven years that Zimmerman served as administrator, and her $36,000 annual salary was well below what most other Oregon cities the size of Oakridge pay finance directors.
We do not always ask ourselves what leadership means to being well-rounded finance directors who bring value to the organization we serve.
Group chief executive Ian Blackburn, who has been filling the finance director role for the last year, said Stott's arrival would allow the company to focus on efficiency savings and strategic expansion.
The finance director had a picture in his office of a rafting trip he took in Colorado with the construction manager's sons.
In a statement, Mersey Docks said: "Consequent on the acquisition of MDHC by Peel Ports in September, the current finance director, Alastair Findlay, will be leaving the company with effect from 31st December, 2005.
New suit at Marks & Spencer is Ian Dyson, 42, who was poached from Rank Group as finance director.
Tom Campbell as the finance director who will forge the next deficit-plagued budget proposal.
and Dallas, Controller, Multi-Family Housing and Community Development; 1991-96, San Francisco Symphony (SFS), San Francisco, Controller; 1996 to present, SFS Finance Director (CFO).
report currently on an annual accounting basis," said Ted Noble, group finance director of Chaucer Holdings plc, which embodies the new corporate style of Lloyd's.
Treatt Plc (Tel: 01284 702500) hits announced the appointment of Richard Hope as group finance director and company secretary.
Jan also serves as finance director for the ABC Foundation, is on the adjunct faculty of Lesley University Graduate School of Business in Cambridge, Mass.
Simon Gifford, currently acting CEO and group finance director, will remain in that role until May 1 and will continue as group finance director thereafter.