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Carmine Di Sibio’s exit and the firm’s abandonment of “Project Everest” may signal a new era of leadership, as well as a new structure to complete the breakup of EY’s consulting and auditing arms.
Predictive Finance, Ethical Leadership, and Public Sector Innovation: Lessons from SAQA CFO Innocent Gumbochuma In the latest episode of CFO Club Conversations , we had the privilege of speaking with Innocent Gumbochuma, Chief Financial Officer of the South African Qualifications Authority (SAQA) and the 2024 Public Sector CFO of the Year.
Paul Rouse is CFO and treasurer of Thryv Holdings, Inc., Rouse has an extensive career in finance and has been CFO of Dallas-based Thryv for over 10 years. Global Finance: How has the CFO role changed? Global Finance: How has the CFO role changed? Paul Rouse: The speed of change has been incredible.
When it comes to Federal Single Audits , nonprofits often make costly mistakes that lead to compliance issues, financial weaknesses, and material deficiencies. Below, we break down the top audit findings and what nonprofits need to know to stay compliant. Make sure your documentation is complete.
Adequate financial leadership has never been more critical to today’s market. Companies may face situations where hiring an interim CFO can provide immediate expertise and strategic direction. The Role of an Interim CFO An interim CFO must uphold financial stability and strategic guidance during change or doubt.
Strategies to Address This Challenge Conduct Data Audits : Regularly review your customer database to identify inaccuracies. Ensure Data Quality : Conduct regular data audits to support seamless integration. The post Mastering E-Invoicing: CFO strategies to lead a seamless transition in Asia appeared first on FutureCFO.
At The Charity CFO , weve worked with hundreds of nonprofits (if not thousands)and reviewed thousands of financial systemsover the past decade. Its not just about clean books or audit prep. The organizations that thrive have a shared commitment to financial discipline, strong internal controls, and strategic leadership.
Identifying and Overcoming Ethical Dilemmas in Business In the corporate world, numbers might drive decisions, but values define leadership. As a CFO your influence extends beyond financial reports and budgets. Escalate concerns to the audit committee or external advisors if internal discussions don’t resolve the issue.
Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What key skills should a newly qualified accountant develop on their path to becoming a CFO?
Members’ Profile: Jerome Reip In this edition of our CFO Spotlight series, we are featuring Jerome Reip. Jerome’s professional journey began with PwC (Luxembourg) as an Audit Manager, where he built a solid foundation in financial management and corporate governance. I’ve crossed many cultures.
CFO Kfir Lippmann began his career at Ernst & Young in Tel Aviv, auditing high-growth tech clients and navigating the intricacies of IPO-bound businesses. His approach to finance leadership emphasizes transparency and data-driven decisions across all functions, not simply being the bad guy, Lippmann tells us.
Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting.
A Guide to CFO Compensation for Small Business Owners If you’re a small business owner looking to improve financial strategy, gain control over cash flow, or prepare for growth, a Chief Financial Officer (CFO) can make all the difference. Hiring a CFO doesnt always mean bringing on a full-time executive with a six-figure salary.
The PCAOB has stirred up criticism since SEC Chair Gary Gensler shook up its leadership and called for sharper regulation of the firms that audit public companies.
Members’ Profile: Ronel Jooste In this edition of our CFO Spotlight series, we are featuring Ronel Jooste, a dynamic force in the worlds of finance, wellness, and leadership development. I am currently busy with my John Maxwell Leadership Trainer & Coach certifications and might pursue my Masters degree next year.
The culture emphasized being an integral part of the senior leadership team and driving change. Along the way, Wallach says GE’s culture exposed her to the personal attributes that would become increasingly critical as she advanced into leadership positions. ” —Sandra Wallach, CFO of Amprius Technologies, Inc.
The CFOLeadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFOLeadership Council. Fisher Senior VP & CFO American Hospital Association.
These are the three Ps that guide CFO Zach Johnsons data-driven approach to financial leadership. Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. Johnsons career journey provides the context for this unique framework.
From Boardroom to Broadcast: The CFO as Company Spokesperson For many years, the Chief Financial Officer was viewed as the quiet operator behind the scenes. Todays CFO is not just managing the finances of the business. Todays CFO is not just managing the finances of the business. That is because the CFO represents the truth.
She had excelled quickly, so much so that she was assigned to a leadership role in a major audit project just 2 years into her career. From consulting with clients to eventually becoming the company’s CFO, Pineda found her career full of unexpected turns. Stay composed and rely on data-driven insights to guide your decisions.
The CFOs responsibilities now extend far beyond financial stewardship. As a key member of the executive leadership team, the modern CFO often serves as a trusted advisor and strategic partner to the CEO.
In this episode of A Modern Nonprofit Podcast , Tosha Anderson sits down with Nancy Fussner, Director of Onboarding at The Charity CFO, to walk through the top five red flags that your accounting may be messier than you thinkand exactly what to do about it. Monthly financial reports should be shared with leadership on a consistent timeline.
A recent internal audit had revealed that some employees in high-stakes roles were bending the rules to meet targets. As CFOs, we play an important role in guiding organisations not only to financial success but to sustainable success built on a foundation of ethical performance. Here’s a practical guide to building that culture.
Editors note: In todays A Day in the Life , Nguyn Trung Ngn (pictured), tax senior manager at Deloitte Vietnam , shares with FutureCFO audiences how leading a complex transfer pricing audit for a multinational client became pivotal for her career and how her passion for public writing became one of her greatest sources of inspiration.
And heres the real kicker: audits dont catch most of it. On a recent episode of A Modern Nonprofit Podcast , Tosha sat down with Jason Kruger, Partner at Citrin Cooperman, to expose the real risks of nonprofit fraudand why audits wont protect you. Why Audits Wont Save You “The easiest way to steal? Audits wont catch it.
What Every CFO Should Know to Protect the Business (and Their Career) You dont need to be an actuary or compliance expert to understand risk. Risk management isnt a luxury, its a core leadership function. But for the CFO, risk is anything that can derail strategic goals, interrupt operations, or eat into the bottom line.
In just a few days, he and the leadership team developed a plan to reduce overlapping costs and improve operational efficiency. Subsequent roles at Technosource and VPay expanded his skills into operations, sales, and human resources, giving him the well-rounded experience necessary for senior leadership.
Maybe it was a little bit of beginners luck, Georgy Egorov tells us, reflecting on his first CFO appointment at a biotech startup. Egorov began his career in audit at PwC Moscow, building an understanding of financial fundamentals before transitioning into more high-stakes investment banking.
Tony Jarjoura, now CFO of Gigamon, found himself surrounded by audit committee members as a dense, highly technical tax strategy unraveled before them. Gigamon | www.gigamon.com | Santa Clara, CA The post 1087: Why Finance Needs a Seat at Every Table | Tony Jarjoura, CFO, Gigamon appeared first on CFO THOUGHT LEADER.
Thats why one of the foundational principles of The Charity CFO Financial Blueprint is Accounting Team : Every organization needs a skilled accounting team , minimally consisting of an accounting associate or bookkeeper and a CFO or finance director. If you want to download this blueprint, click here.
A CFO who mentors intentionally protects the business, the function, and their own professional standing. They can reconcile accounts, update forecasts, and manage audit schedules. First, the CFO mentors the wrong people. When reporting season, audits, or board meetings come up, mentoring is the first thing to fall away.
Do an emotional audit. Do an emotional audit and ask yourself: What am I feeling? This process builds your emotional intelligence, strengthening your capacity to perform emotional labor and leadership over time. Situations that cause us to experience internal dissonance are opportunities for personal learning and growth.
Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.
Alexander Bant , chief of research for CFOs at Gartner predicts that 2022 will be a make-or-break year for CFOs when it comes to unlocking the value of AI, hyperautomation, digital skills, continuous processes, and data management. What makes for a great CFO? But technology alone will not spell success or failure.
Members’ Profile: Jean-Claude Marais In this edition of CFO Club Africa’s Members Spotlight, we are introducing Jean Claude Marais, a seasoned finance professional whose career reflects a blend of expertise, ambition, and leadership. Can you share some career highlights and defining moments? Leading by Example.
Members Profile: Julius Katanaka In this edition of our CFO Spotlight series, we feature Julius Katanaka, Head of Finance at Wazalendo SACCO Ltd, a seasoned finance professional with a strong accounting and strategic financial management background. I aim to transition from CFO to CEO or become a consultant.
Members’ Profile: Mami Langa In this edition of our CFO Spotlight series, we are featuring Mami Langa, Executive Director at SAS, a finance professional whose journey is deeply rooted in curiosity, resilience, and a commitment to impact. She is passionate about mentorship, youth development, and ethical financial leadership.
As a CFO, youre not just crunching numbers. Beyond the Boardroom: What Governance Really Looks Like Good governance doesnt start and end with your annual board calendar or the independence of your audit committee. Inflated earnings, non-disclosures, audit failuresevery one of them passed through a CFOs hands.
For a CFO, fluency in that language is no longer optional. While many CFOs focus on getting the numbers right, those who truly lead focus on getting the reporting right. Its not just about avoiding penalties or surviving the audit. As a CFO, youre not just signing off on spreadsheets. Documentation is incomplete.
Most CFOs didnt land the role by chance. But the CFO role isnt static, and standing still is the fastest way to become irrelevant. But being a modern CFO means becoming a strategist and not just a scorekeeper. Turn Leadership into a Skill, Not a Trait Technical skill gets you the job. What to do : Get hands-on.
Years later, the Genworth Financial CFO opens staff meetings similarlythen gives teammates room to execute. Eight years of audits sharpened his technical vision, yet the move that truly stretched him arrived when GECapitalGenworths predecessoroffered a divisionalcontroller seat with global scope. I needed wider fields, he explains.
Meanwhile, she added that success in finance leadership must “go beyond work”, especially with the current situation. It impacts your family, mental and emotional health, so the leadership must be just beyond the normal. Liao is the recipient of the FutureCFO Excellence Awards 2022 in the category of CFO of the Year.
The Role of the CFO in Employer Branding Heres the part most people miss: this isnt just an HR function. Your finance team looks to you for more than technical leadership. Why This Matters for CFOs As a CFO, you’re not just managing numbers you’re managing risk, reputation, and the long-term resilience of your business.
Implement a Strict Conflict of Interest Policy Every nonprofit should require board members and key leadership to disclose conflicts of interest annually. This ensures accountability and makes audits or donor inquiries easier to manage. Heres How to Prepare appeared first on The Charity CFO. Get the free guide!
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