This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
When facing professional challenges, my approach is centred around maintaining a problem-solving mindset and a proactive attitude. This helps in developing a well-informed strategy to tackle the problem. CFOs are often tasked with navigating financial risks, whether due to market fluctuations or operational challenges.
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. Learning to analyse financial data with a strategic lens, understanding broader business impacts, and identifying potential risks are essential skills for any future CFO.
This broadened her skills and highlighted the importance of cultural sensitivity, teamwork, and innovative problem-solving. Each team member brought unique perspectives and approaches to problem-solving, which often led to innovative solutions that I had not previously considered.
As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.
The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and riskmanagement. CFOs typically have a deep understanding of economic theory and practice and strong analytical and problem-solving skills. Budget Analyst.
Manage cash flow and plan for financial needs. Assist with riskmanagement, audits, and research. Collaborate with other executives and department heads on budget creation and management. Time-Management Skills As CFOs often work independently, strong time-management skills are crucial.
In the non-practising sector, these functions include corporate finance, investment and financial management, internal control and riskmanagement, as well as compliance, the accountancy body added. “In Respondents of all levels agreed on the importance of developing their soft skills.
Starting my career in auditing, I found it interesting and amazing to understand how businesses operate and create values—that was when I began to accumulate knowledge around finance and how finance works in businesses. Cyndi Pei (CP): My interest in finance started to blossom in my junior college days.
We are very intentional about being compliant and getting a clean audit’. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. What are your core responsibilities?
” Matthew: It’s very riskmanagement based. And most people have very underserved in a riskmanagement perspective, so you can place the right insurance products along with investments and get a whole financial plan going. We need paystubs, audit your tax withholdings. You’re obtaining clients.
I used to audit nonprofit organizations. Tosha Anderson: So, um, it was at that time that I realized how vulnerable nonprofits are when they don’t have good financial management. I did riskmanagement. Tosha Anderson: So, um, we talk to a lot of an individuals we help problemsolve.
These experiences have enriched my understanding of how different cultures approach collaboration and problem-solving. In addition, I have worked in various countries, including Malawi, and I am currently based in South Africa.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content