article thumbnail

From CA to CFO: Navigating the competency framework

CFO Talks

It identifies 34 competencies structured within the four general roles of a CFO: Steward This role focuses on accounting, control, risk management, and asset preservation. Operator : The operator emphasizes efficiency and service levels, balancing cost and service in delivering the finance organization’s responsibilities.

CFO 52
article thumbnail

34 Competencies required to become a CFO(SA)

CFO Talks

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. The Steward must ensure company compliance with financial reporting and control requirements. Competencies include: Working knowledge of risk management, budget, and forecasting tools.

CFO 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

article thumbnail

Finance profession to see new sustainability related roles

Future CFO

Additional green skills required of executives in finance profession Executives in the finance profession will need new skills to meet the demands of these three key trends in sustainability, ISCA observed. . The study identified additional skills required for preparers of financial reporting and assurance service providers.

Finance 52
article thumbnail

People moves: Boustead Singapore, Yintech

Future CFO

Singapore-listed Boustead Singapore Limited recently re-designated the title of its director of group finance Chan Shiok Faun to Group CFO. Aged 57, she will be responsible for the group’s financial functions including accounting, financial and management reporting, taxation, internal controls, and risk management.

article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

However, they still have a place in corporate finance and accounting. LLMs are already reshaping the productivity landscape across the business world, including finance and accounting departments. They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks.

Finance 95
article thumbnail

The CIO Emerges As A Key Asset For The CFO, Says Workday

PYMNTS

What emerged is a picture of CFOs prioritizing collaboration as part of their broader digitization efforts, with the rising need to look beyond financial data to reshape corporate finance.

CFO 58