CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. She adds that impeccable financial analysis is key as effective communication and relationship-building skills foster an innovative and inclusive culture.

Leadership 98

Leadership IFRS Finance Communication 98

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. It’s about making plans for the company’s financial future and finding ways to make the business better. The CFO, however, looks at the bigger picture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

CFO Plans

SEPTEMBER 24, 2024

Unlocking the Power of Virtual Accounting Services for Small Businesses Virtual accounting services for small businesses provide access to high-quality financial expertise without the hefty price tag. These services offer numerous benefits, including cost savings, flexibility, and access to a wide range of financial expertise.

CFO 52

CFO Startups Tax Planning Accounting 52

CFO Plans

OCTOBER 9, 2024

For instance, a retail business conducted thorough financial analysis and implemented tax compliance solutions that aligned with its growth objectives. This foresight allowed the company to capitalize on tax incentives, gaining a competitive edge and optimizing its financial health.

Compliance 52

Compliance Tax Planning CFO Concentration 52

Trade Credit & Liquidity Management

APRIL 30, 2025

Firms that can limit increases in accounts receivable and adjust inventory and payables in response to declining sales will fare better during slow periods. Debt coming due during a downturn can create significant financial strain, especially if refinancing options are limited or more restrictive.

Manufacturing 52

Manufacturing Economics Financial Analysis Auditing 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. But these are table stakes of the profession. An MBA or CPA is also highly desirable.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52

Boston Startup CFO

OCTOBER 13, 2015

I’m not an expert in anything related to accounting, so I reached out to one of my networks to get people I could have do these functions. So I hired a part-time accountant who sent a part-time bookkeeper every week to do our books. So I hired a part-time accountant who sent a part-time bookkeeper every week to do our books.

CFO 52

CFO Tax Planning GAAP Accounting 52

Finvisage

DECEMBER 31, 2019

The cafe chain is fighting for survival after revealing on Wednesday it had uncovered “significant, and potentially fraudulent, accounting irregularities” Mr Marsh had been suspended when these problems were discovered. Toshiba is recovering from accounting scandals that eventually led to the bankruptcy of U.S.

Reconciliations 52

Reconciliations Accounting Financial Analysis Construction 52

The Finance Weekly

JULY 19, 2022

FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. Every business performs accounting as part of its standard operations.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 96

The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Risk Management 52

CFO Talks

AUGUST 13, 2024

This includes technical skills like accounting and financial analysis and soft skills like communication and problem-solving. Structured Onboarding: Develop a comprehensive onboarding program that familiarizes new hires with company culture, processes, and expectations.

Finance 52

Finance CFO Problem Solving Communication 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Adam Kae

MAY 30, 2023

However, with financial automation tools at our disposal, we can bid farewell to manual data entry and focus on revenue-generating activities. By integrating accounting software, such as QuickBooks or Xero, with our project management tools, we can automate the creation, delivery, and tracking of invoices.

Marketing 52

Marketing Invoicing CFO Reconciliations 52

CFO Talks

MARCH 14, 2024

The CFO can lead initiatives to implement systems that provide a unified view of the organization’s performance, making it easier for all departments to align their actions with the company’s financial and strategic objectives. Building Flexible Financial Models: The ability to quickly adapt to changes is a competitive advantage.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Future CFO

OCTOBER 20, 2021

This made me decide to pursue my education in accounting. After graduation, I started my career in finance at Arthur Anderson as an auditor and became a Certified Public Accountant (CPA). Then I spent three years with Chevron as a regional finance and accounting implementer. I started to like numbers and did very well in Math.

CFO 52

CFO Leadership Finance Problem Solving 52

The Finance Weekly

JANUARY 21, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

CFO Talks

FEBRUARY 20, 2024

His career trajectory took him from a trainee at Nolands to financial management roles, leading to his current position as the CFO of T3 Telecoms. Farhaan discusses the critical aspects of his role, emphasising the shift from traditional accounting to strategic and operational involvement across business sectors. Nicolaas: Okay.

Leadership 52

Leadership CFO Accounting Finance 52

The Finance Weekly

JULY 31, 2023

Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. They highlighted how AI technology is transforming the way finance and accounting teams work with data and make decisions. The emergence of generative AI also allows language models to write code.

Corporate Finance 52

Corporate Finance Finance Leverage Accounts Payable 52

CFO Talks

NOVEMBER 1, 2024

Financial Expertise: Mastery of financial reporting, budgeting, forecasting, and analysis is essential. Strategic Thinking: A CFO must go beyond numbers, contributing to the company’s strategy and long-term vision. Developing the ability to align financial insights with business goals is vital. 3.

Prioritization 98

Prioritization CFO Leadership Communication 98