The Finance Weekly

JANUARY 22, 2024

Communicate with clients, investors, company leaders, and stakeholders. Manage cash flow and plan for financial needs. Assist with risk management, audits, and research. Collaborate with other executives and department heads on budget creation and management. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

CFO Talks

MARCH 20, 2024

Budgeting: The Controller gathers info and puts the budget together. The CFO looks at this budget with a telescope, considering how it fits with the company’s long-term plans and what changes might be needed. They manage the accounting staff directly, ensuring efficient and accurate financial operations.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis.

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

JANUARY 7, 2024

The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels. With the proliferation of risks, such as geopolitical tensions and cyber breaches, CFOs and the executive team must practice agility and transparency.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

The Finance Weekly

APRIL 21, 2024

They could steer your company towards poor financial decisions, like risky investments, inaccurate budgeting, or insufficient cost control. Communicate with clients, investors, senior management, and stakeholders. Facilitate risk management, audits, and research. Address accounting and finance issues.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

CFO Talks

MARCH 19, 2024

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. This might involve enhancing digital finance capabilities or adopting sustainable business practices.

CFO 52

CFO Communication Finance Budgeting 52

CFO Talks

NOVEMBER 10, 2022

Safety and security has various departments, a directorate is just a cluster of departments under us, and the departments are Metro Police, law enforcement, traffic services, VIP security, the investigations unit, the events department, disaster risk management. Let’s take communication for example.

CFO 52

CFO Budgeting Communication Problem Solving 52

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Talks

JUNE 7, 2022

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools. Communication/ presentation skills and executive presence. Strategic risk management.

CFO 52

CFO IFRS Leadership Risk Management 52

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. A proactive approach to scenario modeling enables better risk management and strategic decision-making. Relying on static annual budgets is like hiking without a compass or a weather report.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

Future CFO

APRIL 6, 2021

More than four in five (83%) Singaporean finance professionals needed to do financial planning and budgeting at least two or more times in the year, to ensure their organisations remained agile and are able to adapt to the fast-changing business environment, according to survey results. Survey highlights.

Finance 40

Finance Budgeting Compliance Communication 40

CFO Simplified

DECEMBER 12, 2021

A team member in the finance department addresses how a business manages their money, from: Investing and borrowing. Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building. Overseeing risk management. Budgeting and forecasting.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

Future CFO

APRIL 24, 2023

There are nine security trends that CFOs need to be aware when working with CISOs and security and risk management leaders. Security and risk management leaders must encourage active board participation and engagement in cybersecurity decision making,” said Addiscott.

Securities 52

Securities Risk Management Benchmarking Restructuring 52

The Finance Weekly

OCTOBER 13, 2021

CPM involves a greater emphasis on improving communication and business strategies within a company. Given its significance to C-suite positions, many organizations now have a department dedicated solely to strategy or performance management (occasionally merged with project management).

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Future CFO

MARCH 1, 2023

It is often in place with primary objectives to improve operational efficiency, optimise financial processes, enhance reporting and analysis, strengthen risk management and compliance, and elevate the employee experience. Let’s use the implementation of a new T&E policy as an example.

Finance 91

Finance Benchmarking Compliance SAP 91

Spreadym

JUNE 15, 2023

Enhanced communication and collaboration: Driver-based planning encourages cross-functional collaboration as it requires input and insights from various departments and stakeholders. It facilitates better communication and alignment of objectives across the organization.

Planning 52

Planning Prioritization Concentration Compliance 52

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments. What does this mean to the finance and accounting team of 2022?

Leadership 98

Leadership Finance GAAP Forecasting 98

The Charity CFO

JANUARY 5, 2023

A Nonprofit Budget. A nonprofit budget is a planning document that helps predict expenses, allocate resources, and monitor ongoing operations throughout the year. A well-formulated budget should focus on the goals and objectives of your organization. What percentage of your budget is going towards administration costs?

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

The Charity CFO

AUGUST 28, 2023

They can provide guidance on: Budgeting Investments Risk management Complex compliance and legal issue All are necessary for keeping the lights on and charting the organization’s path ahead. However, financially-minded folks are crucial for a variety of reasons.

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

The Finance Weekly

JANUARY 31, 2022

To execute and bring results, an FP&A leader must be able to influence and lead others by having strong networking skills, close collaboration with colleagues, coordination & effective communication with non-finance business functions and all stakeholders and ability to lead the enterprise in times of crisis.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

PYMNTS

SEPTEMBER 29, 2017

However, interest rates, FX, commodity and derivatives risk, as well as operational risk, should not be disregarded.”. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. Risk management, he continued, isn’t just about responding to threats.

Treasury 56

Treasury Banking Compliance Risk Management 56

Future CFO

AUGUST 19, 2021

Our study indicates that companies which focus on cultivating the human side—such as establishing open communication and strong feedback loop across all levels, and offering opportunities for employees to engage in continuous improvements of the solutions—are the ones in the best position to harness the greatest benefits of intelligent automation.”.

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

CFO Talks

OCTOBER 19, 2022

But in this role, you realise that the most important skills needed are communication skills, your ability to show empathy, your ability to work with diverse stakeholders and to be a strategic thinker. I think the responsibilities now are more strategic and have to do with the overall managing of the business.

CFO 52

CFO Education Finance Accounting 52

PYMNTS

OCTOBER 29, 2018

. “Part of the problem is that, in the past, functions have often pursued narrower goals, with people working in their silos, barriers emerging between departments and incompatible team cultures that can hinder understanding and communication.”

CFO 58

CFO Corporate Finance Finance Risk Management 58

PYMNTS

MARCH 25, 2020

This can include communications to recognize customer milestones, adjust fees, provide offers or send alerts for risk management activities related to delinquencies and fraud. Customers also expect communication and services in their channel of choice, whether that is mobile, web or SMS.

Risk Management 43

Risk Management Communication Budgeting Leverage 43

Spreadym

JULY 21, 2023

Risk Management and Compliance : Implementing digital solutions to enhance risk assessment and compliance with regulatory requirements. Risk Management and Security Implement comprehensive cybersecurity measures to protect sensitive financial data and transactions.

Finance 52

Finance Prioritization Compliance Leverage 52

PYMNTS

SEPTEMBER 23, 2016

Outside of emphasizing awareness, the report suggested that aligning business and information security goals requires actions such as the creation of an open communication channel, budgeting wisely and making the risk and losses of a potential data breach tangible and real. Central Banks Take A Stand.

Securities 73

Securities Risk Management Budgeting Communication 73

Planful

JUNE 15, 2017

It’s no longer just about pulling together the annual budget and reporting on variances. From a skill set standpoint, FP&A departments will need to continue to train their teams, or add new talent, to beef up their expertise in strategic planning, risk management, data analytics, business acumen, and communications.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Strategic Planning Forecasting Finance 40

Fpanda Club

FEBRUARY 5, 2024

With a focus on driving better strategic and operational decisions, finance business partners create value through cost and margins, revenue growth and risk management. However, 22% of business managers don’t consider any other financial implications but revenue when making operational decisions. Sounds great, right?

Finance 130

Finance Analyzing Data Benchmarking Communication 130

Spreadym

SEPTEMBER 27, 2023

Spreadym offers a wide range of analysis tools, like plan vs. actual analysis, financial consolidation, budgeting, forecasting and a variety of stored versions of a document. Oracle Hyperion Planning: Oracle's CPM software is known for its robust financial planning and budgeting capabilities.

SAP 59

SAP Budgeting Forecasting Auditing 59

Beacon CFO Plus

SEPTEMBER 20, 2023

Strategic Financial Planning Experience They are skilled in strategic financial planning, budgeting, and forecasting. Cash Flow Management Experience They excel in managing cash flow , optimizing working capital, and ensuring the financial stability of the organization.

CFO 52

CFO Problem Solving Education Compliance 52

CFO Simplified

APRIL 15, 2024

Risk Management: Identify the potential risks that your company is going to face and develop strategies to mitigate them. Customer Relationship Management: The old adage that it’s much cheaper to keep clients than to find new ones is still true today. Financial Planning: Develop a robust financial plan.

Strategic Planning 52

Strategic Planning Planning Leadership CFO 52

Barry Ritholtz

SEPTEMBER 19, 2023

Elizabeth Burton : I think it’s because I went into risk management straight out school on the risk side of fund to funds and, and various other industries. So, so let’s talk a little bit about risk management. We actually have a budget for risk management and technology and tools.

Investments 57

Investments Math Risk Management Benchmarking 57

Jedox Finance

MAY 31, 2023

Cross-organizational collaboration Finance teams not only need to build strong communication channels with HR, but also align with executive management and department heads across the organization. Forecasting future workforce needs and predicting changes in talent availability also require access to real-time data.

Planning 52

Planning Forecasting Finance Budgeting 52

CFO News Room

NOVEMBER 22, 2022

” Matthew: It’s very risk management based. And most people have very underserved in a risk management perspective, so you can place the right insurance products along with investments and get a whole financial plan going. ” It’s constant communication through the year. Here you go.

Planning 130

Planning Communication Profit and Loss Education 130