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
Finance leadership is undoubtedly not a cakewalk, as it involves various roles for the organisation to grow and drive value. Chief finance officers now work as strategic advisors to the C-suite team, with specific strategies at hand to bring in innovation for the company as a whole.
When 2024 ended, its trends and themes for the Finance function certainly did not ceaseas digital transformation , ESG, and cyber security costs continue to dominate the stage for chief financial officers to watch. As the Finance function traverses 2025, the challenges of yesteryear weigh on CFOs' shoulders.
How to Prepare Your Finance Team for Growth One of your most important roles is to nurture and develop your finance team. Preparing your finance team for growth is not just about giving them new tasks; its about equipping them with the skills, mindset, and tools to thrive in a changing world.
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. My career began as an admin clerk and bookkeeper, roles that left me feeling unfulfilled.
There is often tension as a board focuses either on fundraising or finance. In the latest episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Paul Morris, Executive Fundraising Coach at Auxilia , to discuss the critical partnership between finance and development in nonprofits. Check out his first episode here.
For quite some time now, finance leaders oversee even non-financial strategic matters: environmental, social, and governance (ESG), the increasing regulatory requirements, and systems and software, including artificial intelligence , as well as talent management.
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 sparked your interest in finance?
Whether you’re a finance professional, business owner, or decision-maker, understanding how to leverage FIS can mean the difference between reactive problem-solving and proactive success. From Spreadsheets to Smart Systems Traditionally, businesses used basic spreadsheets to manage their finances.
Without proper alignment and communication between credit and other functions, particularly sales, fulfillment, logistics, and finance, the organization risks conflicts, inefficiencies, and ultimately, profit erosion. Encouraging holistic problem-solving over isolated decision-making. Broaden their perspective.
Thobile’s passion for finance sparked in high school with her love for mathematics and the challenge of balancing financial statements. Guided by influential mentors, Thobile recognized that finance goes beyond numbers—it impacts decision-making that drives business and individual success.
As the financial advice profession has matured, behavioral finance has become an increasingly important element of modern advice. These questions, though intended to build trust, may inadvertently leave clients feeling disoriented or uncomfortable if they were expecting a more straightforward problem-solving approach.
A Finance Strategic Moment While living in Shanghai, Chris Greiner learned a lasting lesson in problem-solving when a narrower lane repainting cut his commute time in half. He details Zetas data-driven mindsetrelying on real-time consumer insights to guide forecasting, investment, and shareholder communications.
Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number of factors. It also went through hurdles in talent management, as finance leaders grapple with the evolving roles--mastering the art of reskilling, upskilling, and talent retention.
But navigating complex financial problems isnt just about being good with numbers; its about using those numbers to make smart, impactful decisions. Why Financial Problem-Solving Matters More Than Ever Lets be clear: Financial problem-solving isnt just another skill for a CFO its the skill. Then ask it again.
One CFO, tasked with turning around a struggling finance team, decided to work closely with the HR department to redesign the hiring and onboarding processes. By building trust and maintaining open communication, they not only improved hiring practices but also gained an advocate in HR when presenting new initiatives to the board.
In addition to being a cultural fit with our core values, we always look for consultants who are much more than just technical experts; they also need to be strategic thinkers, effective communicators, and problem solvers. Effective Communication Skills Communication is a crucial skill for SAP consultants.
The fact is that face-to-face meetings have unique benefits that remote communications can’t fully replicate. Building rapport makes problem-solving easier when challenges arise. Including the Sales Representative will also demonstrate your credit and finance’s support of sales objectives.
Members’ Profile: Lutic Molo Mosoane In this edition of CFO Club Africa’s Members Spotlight, we are introducing Lutic Molo Mosoane, a visionary leader and finance expert with a passion for driving impactful change through financial innovation and strategic leadership. Before then, I was focused on becoming a social activist.
His journey in finance has been marked by resilience, innovation, and a dedication to tailored client service. By the end of this hour, I’m refreshed and ready to tackle the day ahead with clarity and purpose. What sparked your interest in finance? What advice would you give to someone aspiring to be a CFO?
Transparency and Clear Communication: Leaders should strive to be clear in their expectations and communications, eliminating the need for employees to “read between the lines.” Create Cross-functional Teams: Form diverse groups to tackle strategic needs, allowing for fresh perspectives and collaborative problem-solving.
Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff In today’s dynamic business environment, finance teams have evolved into diverse groups with different skills, experiences, and perspectives. Different work styles, communication preferences, and problem-solving approaches may create friction.
One industry that tends to be recession-resistant is finance. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.
With constantly evolving role of the finance function in the organization, these are FP&A practitioners who feel the most pressure to be jack-of-all-trades. Seatbelt cutter = Problem-solving skills An emergency can and will occur unannounced.
This is particularly important when leading finance teams, where accuracy, reliability, and timeliness are critical. This builds confidence and encourages proactive problem-solving. Effective Communication is Key Clear, open, and honest communication is at the heart of any successful organisation.
Meanwhile, business leaders feel the next most important skills for the accountancy profession include analytical skills (42%), problem-solving skills (39%), regulation and policy awareness (39%), and clear communication (32%).
In 2023, the top priority of CFOs was evaluating the finance function strategy, scope and design. Marko Horvat, vice president of research in the Gartner Finance practice, noted that CFOs were thinly stretched across many activities in 2023. I am always of the opinion that everyone who participates in these awards is a winner.
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. Finance intrigued me because of its balance of strategy, analysis, and real-world impact. He was not disappointed!
Building Effective Finance Teams: A Guide to Staff Management Building a top-notch finance team is like assembling a puzzle where each piece needs to fit perfectly. In this article, we’ll explore practical strategies and real-world examples to help you build an effective finance team that can elevate your company to new heights.
What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. McKinsey says that in the past decade, the finance department has successfully reduced costs by almost 30%. But these are table stakes of the profession.
As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary.
The interview is part of the Female Leadership in Finance Series of FutureCFO. When I started my career in public accounting with Ernst & Young, I found it intriguing to see the similarities and differences in finance across many industries. FutureCFO: What does a chief transformation officer do at Blackline?
For many accounting and finance professionals, being a chief financial officer (CFO) is a career highlight. Taking that next step towards the finance executive table, whether you have 10, 20, or even 30 years of expertise in finance, is no easy task. However, getting there is only the start of the journey.
Yet CFOs report feeling exposed when it comes to maintaining and growing their technology skills while also developing digital competence among their finance teams. Once the CFO’s mindset is aligned with the four attributes, the next step is to demonstrate and model corresponding behaviours and communications with the finance team.
According to the Bureau of Labor Statistics, finance-related jobs are predicted to experience an 8% annual growth rate until at least 2030. According to the Bureau of Labor Statistics , finance-related jobs are predicted to experience an 8% annual growth rate until at least 2030 – in line with other professional sectors.
The distinction is crucial in understanding how to approach problem-solving in an organization. While complicated problems can be solved with the right formulas or spreadsheets, complex problems require more. They demand strong interpersonal relationships and effective communication.
Knowledge in your Company’s Industry A good Fractional CFO doesn’t just understand numbers and finances, but they also get the ins and outs of your vertical , and what’s most important to your clients and stakeholders. ProblemSolving Skills Sometimes common sense isn’t so common, and critical thinking skills even less so.
The integration of AI into the Finance function undeniably has the potential to reshape operational frameworks and decision-making processes. In fact, current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change.
Knowledge in your Company’s Industry A good Fractional CFO doesn’t just understand numbers and finances, but they also get the ins and outs of your vertical, and what’s most important to your clients and stakeholders. Problem-Solving Skills Sometimes common sense isn’t so common, and critical thinking skills are even less so.
Challenges often reveal new problems to solve, demanding increased focus on finding innovative ways to improve efficiencies. Customers’ changing needs also require a response identifying and addressing these evolving needs. Innovation: Corda Company: R3 R3’s Corda is a leading DLT platform for financial services organizations.
Financial Expertise Fractional CFOs typically have a strong background in finance, accounting, and related fields. Communication Skills Effective communication is crucial for fractional CFOs as they often work with various stakeholders, including executive teams, board members, investors, and employees.
FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Communication: Effective communication is critical. This includes assessing market risks, credit risks, and operational risks.
Technology and finance professionals According to the report, a significant shift is underway in the region, with a strong focus on integrating artificial intelligence (AI) in finance roles, highlighting the necessity for professionals to adapt and embrace new skills.
Armed with excellent communication skills and creative problem-solving techniques, she partners with stakeholders to leverage strategic HR to achieve objectives and implement best practices in the people space. At vcfo, Karli works as a Senior People Operations/ Human Resources Consultant. About vcfo.
CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and financeproblems.
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