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.
He joined Hitachi in 2002 and before that he held senior positions across a number of European companies, including vice-president controller Europe for Fisher Scientific Worldwide, finance director of TRW Seat Belt Systems Europe, as well as various roles with the Maxtor Corporation, United Technologies Carrier and Abbott Diagnostic Products GmbH in Germany.
We do not always ask ourselves what leadership means to being well-rounded finance directors who bring value to the organization we serve.
Cameron was in charge of the group finances since June 2009 and has wide experience in the Ravensworth Digital Services, where he was finance director from 2003 until it was acquired by Tangent in March 2007.
Stott, previously group finance director at egg giant Noble Foods, will start in his new role on 1 March, more than 12 months after the departure of previous Zetar finance director Dale Mullins, who left the company by mutual consent in January 2009.
The organisation has retained a recruitment agency to find a candidate to replace interim finance director Keith Mitchell.
An announcement with regard to the new finance director will be made in due course, Dignity added.
Lewis began his career as the finance director for Rep.
That allowed the finance director to run things through there that wouldn't have a principal looking at it and saying, 'Wait a minute,' " she explains.
Struggling supermarket Sainsbury's hired ex-Superdrug finance director Darren Shapland, 38.
High-flying CIMA members Helen Weir, group finance director at Lloyds TSB; Andrew Higginson, finance and strategy director at Tesco; and Douglas Flint, finance director at HSBC, have been tipped to be among the top 50 business movers and shakers in 2005.
Tom Campbell as the finance director who will forge the next deficit-plagued budget proposal.