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 ?
Meanwhile, the universities department has also decided to conduct a written test before interviews for candidates vying for finance director posts in public universities, sources said.
Sykes Holiday Cottages' chief financial officer, Michael Graham, brought home gold at the Finance Director of the Year Awards.
| For more information about the Finance Awards Wales visit www.financeawardswales.com THE 11 CATEGORIES ARE: | Chief Financial Officer/Finance Director of the Year: | Young Finance Director of the Year: | Financial Controller of the Year; | Accountant of the Year; | Accounts Assistant of the Year; | Purchase Ledger Team of the Year; | Credit Team of the Year; | Rising Star of the Year; | Small Finance Team of the Year (up to 10 staff within team); | Medium/Large Finance Team (more than 11 staff); and | Outstanding Contribution to Finance in Wales
It found that, overall, finance directors are more pessimistic about the quality of patient care in 2016/17 than they were in 2015/16.
The study included the views of 87 NHS trust finance directors, plus 42 finance heads from 47 clinical commissioning groups (CCGs), which look after a large chunk of the NHS budget and manage local services.
The categories this year are Young Finance Director of the Year (under 40); Best Finance Director of a Limited Company (under PS16-PS30m turnover); Best Finance Director of a Limited Company (PS30-PS50m turnover); Best Finance Director of a Limited company (PS50-PS200m turnover); Best Finance Director (above PS200m turnover); Best Finance Director for a Non-Profit Government/ Health Organisation; Best Finance Director for a Not for Profit Organisation; and Best Finance Director for an International Business.
Guest speaker Professor Sir Timothy O'Shea was awarded a knighthood in the Queen's 2008 New Year Honours in recognition of his services to higher education The principal of the University of edinburgh, professor Sir Timothy O'Shea, will be guest speaker at this year's Finance Director of the Year awards, which are being held at the crowne plaza, Glasgow, at lunchtime on Friday February 8, 2013.
OAKRIDGE - Nearly a year after it came to light that the city's finances were in shambles, the City Council on Thursday gave its finance director the choice of resigning or being terminated without cause.
showed that two-thirds of finance directors had considered changing banks in the past year - and one in three had changed their future strategic plans to be less reliant on bank funding.
Sixty four per cent of finance directors expect funding reforms to increase the numbers of students choosing further education training over a university degree, while 93 per cent of finance directors asked believe funding reforms will increase the likelihood of private providers entering the UK market.
After obtaining the endorsement of the Government Finance Officers Association of Texas (GFOAT) and the Texas City Management Association, I distributed e-mails to a sample of 201 Texas municipal finance directors and their city managers, inviting them to participate in an online survey.
Depending on the size of the organisation, many finance directors assume responsibility for different areas of the business.