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 ?
Caption: Gena Wingfield, left, received the CFO Lifetime Achievement Award from Arkansas Business Publisher Mitch Bettis.
Local issues a primary driver: While several global factors are weighing on CFO decision-making for 2013, implications of local issues and policies remain top of mind:
STACY LORETZ-CONGDON (San Francisco Bay Chapter) has been named Senior Vice President and CFO for Core-Mark Holding Co.
a two-partner Dublin, Ohio, CPA firm that added CFO outsourcing to its niches in valuation and forensic services.
After a long period during which the CIO had been operating independently, CFO Steve McBrayer has forced discipline on the IT group by requiring each project to be justified by two criteria: how well it serves customers and its cost benefits to the overall business.
Turning to attitudes of CFOs about the annual report, this study found that their views clearly differed from institutional investors in most major study areas.
A survey of top CFOs, the best ways to approach them, how to connect with them on social media, where they network, and other insider tips on how to open doors to CFOs
DIANE DOWNS NEWTON University of Central Arkansas, Conway EDUCATION CFO OF THE YEAR
In no time at all he found what he was looking for: a number of the company's cancelled checks made payable to the CFO, signed and endorsed by the CFO and deposited into his personal bank account.
And CFO China editor Enid Tsui said there is now a "need for first-rate financial journalism amongst a new breed of finance manager (in China).
NEW YORK -- According to research from executive search firm CTPartners, the Fortune 250 has gone from one female CFO at the start of 2001 to 20 in 11 years, with half named since 2009.