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From Controller to CFO: What Changes?

CFO Talks

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. Budgeting: The Controller gathers info and puts the budget together. The duo contributes to financial analysis, with the CFO often spearheading this task.

CFO 52
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Automated and Data Driven Financial Planning Hasn’t Reached its Full Potential

The Finance Weekly

The impact of data driven financial analysis goes well beyond its traditional role of budgeting and forecasting, and has the potential to contribute greatly as a forward thinking department for real-time decision making. For finance teams this is more true than ever, and the recent market volatility has exasperated this issue.

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How to Earn Big as a CFO?

The Finance Weekly

Supervise and offer suggestions for the financial department. Identify investment and financial planning opportunities. Collaborate with other executives and department heads on budget creation and management. Attend board meetings and provide detailed financial reports and recommendations to company leadership.

CFO 52
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The best software for financial close and overview of the process

Spreadym

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.