Fri.Feb 07, 2025

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Finance job hunt essentials: Soft skills, tailored resumes and social media

CFO Dive

With the “great stay” period leaving more people feeling stuck in their jobs, it’s important for job hunters to use a range of tools to seize any promising employment opportunities that do emerge.

Finance 169
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An End-to-End Backend Solution for Growth-Focused Consumer Products Companies

Navigator SAP

Growing consumer products companies need a backend system that will grow with them. Whether a manufacturer, a distributor, or a seller of consumer products, continued growth requires workflows and backend infrastructure that can scale and meet the needs of the business both today and tomorrow. If a consumer products business is struggling with complexity, data silos, or IT systems limitations, it is time to consider an ERP solution such as SAP S/4HANA Cloud Public Edition.

SAP 162
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Tesla CFO, board members offload millions in stock

CFO Dive

The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.

CFO 344
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Weekend Reading For Financial Planners (February 8–9)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that CFP Board CEO Kevin Keller this week announced his plans to retire and step down from his position at the end of April next year. During his nearly two-decade tenure, Keller oversaw a near-doubling of the number of CFP professionals, the establishment of a new 501(c)(6) professional organization to promote the benefits of financial advice and planning careers, and up

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Jobless rate falls, bolstering bets Fed will next cut main rate in June

CFO Dive

Employment gains for November and December were revised up in total by 100,000, the Labor Department said.

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India Inc applauds RBI’s much-awaited Rate Cut but flags Liquidity Concerns

CFO News

The RBI cut the repo rate by 25 bps to 6.25%, its first reduction since May 2020 under Governor Sanjay Malhotra. It also raised the FY26 GDP forecast to 6.7% and set inflation at 4.2%. Industry leaders across banking, finance, manufacturing, and real estate have welcomed the move, highlighting benefits like enhanced digital security and increased consumption while also noting concerns over inflation and liquidity.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: 20 IRA Mistakes to Avoid : From contributions to conversions to distributions, dont fall into these traps. ( Morningstar ) Lets Talk About Tariffs : So. Tariff Man is back and apparently more serious than ever. At least for now. Lets talk about the good, the bad and the ugly. I hope this doesnt sound political, but thats probably unavoidable.

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Quantuma advises on sale of therapeutic childcare provider

Accountancy Today

Quantuma has advised on the sale of Care Focus Limited, a provider of residential therapeutic childcare and education, to Aston 23 Limited. The sale to Aston 23 Limited, whose name has now changed to Niche Care Homes Limited, not only preserved jobs, but also ensured that the vulnerable young residents continue to be educated in a safe home environment.

Sales 52
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How Kerry Brothers Truck Repair Achieved Exponential Growth and 10x ROI with FocusCFO

Focus CFO

Wondering if a fractional CFO is worth it? Learn how a local Metro Detroit business achieved a 10x ROI on their investment in fractional CFO services with FocusCFO.

CFO 52
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Focus on long-term stability, not day-to-day fluctuations,” says RBI Governor on rupee volatility

CFO News

RBI Governor Sanjay Malhotra called for focusing on long-term rupee stability rather than daily fluctuations, addressing concerns over its impact on inflation and growth. Following a 25bps rate cut, he highlighted global uncertainty, India's growth prospects, and reassured markets about liquidity support.

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Union Cabinet approves new Income Tax Bill to simplify and modernise tax system

CFO News

The Union Cabinet has approved a new Income Tax Bill aimed at simplifying and modernising the tax system without introducing new taxes. The bill, effective from the financial year 2025-26, will reduce legal complexities, make compliance easier, and cut the law's length by 50%. It focuses on a single tax regime and reducing litigation.

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Budget 2025: A Game-Changer for Ease of Doing Business and Sustainable Growth

CFO News

Budget 2025 strikes a crucial balance between fiscal expansion and fiscal discipline. With a 10.1% increase in capital expenditure for FY26, the government underscores its commitment to infrastructure development, a key enabler of sustainable economic growth. This measure is expected to generate employment and stimulate demand across various sectors.

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How Q-commerce can become a quick solution for India's job problem

CFO News

Q-commerce is poised to become a significant source of employment in India, generating hundreds of thousands of jobs, especially in Tier-2 cities. The sector offers competitive wages, contributing to workforce formalization, economic inclusivity, and rapid market growth estimated to reach $9.95 billion by 2029.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Back in the game: FMCG & auto sales point to green shoots

CFO News

Consumer goods sales and vehicle registrations in India have shown improvement, with rural demand outpacing urban areas. This positive economic trend comes ahead of the RBI's monetary policy announcement and may be further boosted by upcoming tax relief and consumer incentives announced in the recent budget.

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Infosys lays off nearly 700 freshers from Mysuru campus, claims IT employees' union

CFO News

IT giant Infosys has laid off nearly 700 freshers from its Mysuru campus, IT employees' union Nascent Information Technology Employees Senate (NITES) claimed on Friday.

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India to start monthly release of unemployment figures in April, govt official says

CFO News

India Unemployment Figures: INDIA-ECONOMY-India to start monthly release of unemployment figures in April, govt official says

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Under RBI Governor Sanjay Malhotra, Arjuna's eye takes in a wider view

CFO News

RBI Governor Sanjay Malhotra initiated his term with a 25 basis point repo rate cut, reducing it to 6.25%. This move contrasts sharply with his predecessor Shaktikanta Das' focus on inflation control. Malhotra hinted at prioritizing growth by adopting a more dovish stance on monetary policy, while maintaining a neutral stance to monitor inflation risks.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Hyundai Motor Group restricts use of DeepSeek among employees

CFO News

Hyundai Motor Group has restricted its employees from accessing DeepSeek, a Chinese generative artificial intelligence (AI) service, amid concerns over potential data leaks, according to sources on Friday.

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Zomato to change parent company name to Eternal; will house Blinkit, others

CFO News

In a letter to the companys shareholders, the companys founder and CEO Deepinder Goyal wrote, Our board has approved this change today and I request our shareholders to also support this change. If and when it is approved, our corporate website will transition from zomato. com to eternal. com.

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AI startup Cognida raises $15 million in funding led by Nexus Venture Partners

CFO News

Cognida.AI offers artificial intelligence solutions for enterprises. It will use the capital to expand solutions in key industries, hiring talent and accelerate go-to-market strategies.

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Rate cut to spur residential demand, lower home loan rates: Industry

CFO News

The real estate industry on Friday welcomed the much-awaited benchmark rate cut of 25bps by the Reserve Bank of India (RBI), saying lowered interest rates will further nudge homebuyers to buy an ownership home with an upgraded lifestyle.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

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India's economic growth hinges on private sector's Capex push: Jefferies

CFO News

While concerns remain over the moderation in public investment, Jefferies underscored that India's economic trajectory now depends on the private sector's willingness to step up and drive capital spending, ensuring sustained economic growth.