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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.
Recognizing the need to enhance my managerial capabilities, I pursued a Postgraduate Diploma in Management, which equipped me with essential leadership skills. A CFO must align financial management with the company’s long-term goals, ensuring financial strategies support overall business growth.
The CFO Leadership 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 CFO Leadership Council. Meet Our First 10 Ascend Honorees. Joy Harper, Cloud Finance, Google.
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. “Do you have personal edge? Can you make the tough calls?
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. Maintaining clear boundaries and strategicplanning are essential to my approach.
Its not just about avoiding penalties or surviving the audit. Adjustments are made late in the process to get the numbers right, but the audit trail is messy or missing. And when that happens, it doesnt just create audit tension. Control means that there is documentation, traceability, and auditability at every step.
On the other hand, when they are practical, calm, and confident in their explanations, they signal leadership, not just competence. In recent years, particularly in post-scandal South Africa, public and institutional trust has shifted toward companies that show ethical leadership. The best CFOs do not just focus on clean audits.
She is driven to deepen her expertise in digitalization, AI, and machine learning , applying them to improve financial wellness and business efficiency and aims for international leadership roles that contribute to the economic development of Africa and values cross-disciplinary collaborations for impactful projects.
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.
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.
Steps for Standardization: Conduct an audit of existing financial reporting and ERP systems in both organizations. Inconsistent data can lead to inaccurate or flat-out incorrect conclusions, affecting everything from budgeting to strategicplanning. Identify discrepancies and areas that require alignment.
Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation The 7th Annual CFO Africa event was a dynamic gathering of financial leaders, industry experts, and innovative thinkers. Pieter highlighted the importance of fostering collaboration and sharing best practices among CFOs globally.
Now is also a good time to reach out to auditors (if an audit or CPA review is required) to plan the timing of the audit, discuss material changes in the business that might impact financial results and/or disclosures, and to obtain a list of their “PBCs” (schedules to be “prepared by client”).
Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management. Another memorable experience was working with KPMG’s internal audit team in Zimbabwe for three weeks.
Possessing interpersonal and leadership skills they are capable of managing, coaching and developing their teams of junior and senior analysts. FP&A directors supervise all aspects of the FP&A function in the company, communicate vision and provide leadership to the FP&A team.
It’s important to differentiate between having audited financial statements and a QoE report, as these are quite different reports. An audit opines on the accuracy of a historical period. An audit looks backwards, giving an opinion on the financial statements and health of the company.
This is the view of Georgeta Elena Precup (Moran), CPA,CGMA , Operating Partner - Acting CFO, Advisory at Beyond Podiatry , emphasising how CFOs occupy a unique vantage point, overseeing not only financial health but also strategicplanning , risk management, and corporate governance.
Gary takes pride in his aptitude for organizational development, has significant experience as a senior advisor to leadership, and excels in formulating strategies to facilitate the attainment of business targets. Gary currently serves as the Chairman of both the Audit and Compensation committees for SQL Technologies, Inc. About vcfo.
Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategicplanning, shared his journey, beginning with his entrepreneurial family background.
CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. IT auditors are responsible for conducting audits and should therefore be experts at this task, which may require financial institutions to appoint them. Financial Manager. Budget Analyst.
CFAs are best known for investment analysis and wealth planning, CPAs for tax preparation and financial statement auditing, and CFPs for financial planning. Leadership And Management Skills. They should have experience leading and motivating teams, as well as experience developing and implementing strategicplans.
According to Payscale.com , skills such as leadership, and financial reporting and strategicplanning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.
This includes establishing clear data entry standards, validation rules, and periodic data audits. Strategic Thinking CFOs should encourage their teams to use spreadsheets strategically. This involves leveraging spreadsheets for scenario analysis, strategicplanning, and decision support.
Merle Waterman is a Consulting CFO with more than 30 years of leadership in ecommerce, software, manufacturing, and professional services. Merle got his start as a CPA for KPMG, auditing clients ranging from manufacturing, retail, high tech, real estate, and aviation.
They play a crucial role in strategicplanning, risk management, and driving innovation, extending their influence far beyond the finance department. This proactive approach to risk management supports more resilient strategicplanning. Technology Audit: List current technologies and data analytics tools in use.
Ensure there is clarity on the nature of the relationship (contractor versus employee) so you do not find yourself responsible for employment taxes in a later audit. Ask them what type of insurance they provide. How flexible is the potential resource in their approach to working with companies like yours?
Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.
Are the books and records clean and audit ready? Are there incentives to motivate and keep key players in place, even after the transaction closes? Do you use Key Performance Indicators (KPIs) to manage the business and guide course corrections? Are the corporate records up to date?
Ensure auditable reporting and compliance The CFO needs to work with other functions like corporate financial reporting, regulatory compliance, tax, treasury, and legal to ensure timely, auditable reporting and financial accounting. The CFO should ensure their team is fully enabled and incentivized to collect actual emissions data.
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