Tue.Feb 14, 2023

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Ford to layoff 3,800 employees in engineering, administration in Europe

CFO News

Around 2,300 jobs will go at the carmaker's Cologne and Aachen sites in Germany, 1,300 in the UK and 200 in the rest of Europe, the company said, adding that it intends to achieve the reductions through voluntary separation programmes.

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Automation to reshape finance job descriptions

CFO Dive

With a continued focus on automation in the job function, CFOs need to be prepared for job creation outside of traditional accounting.

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Trending Sources

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Navigator Business Solutions Receives SAP® North America Partner Excellence Award 2023

Navigator SAP

Navigator Business Solutions Receives SAP® North America Partner Excellence Award 2023 for Cloud Renewal Excellence Award Presented at Customer Success Kick-off 2023

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Marriott CFO says wage pressures have moderated

CFO Dive

As pandemic restrictions loosened and travel resumed, many lodging companies have struggled to staff hotels, with some cutting back housekeeping.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Alien Invasion!!!

Barry Ritholtz

Over the weekend, a NATO general was asked by a bright-eyed reporter whether or not the various flying objects that were being shot down might be aliens visiting from elsewhere in the galaxy. His throwaway response of “ We don’t rule anything out ” was sufficiently ambiguous to set the conspiracy theorists atwitter. “Of course, they dropped this during the Superbowl, when no one’s paying attention,” was the LOL tweet.

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Presidential Election Cycle Theory: A Bullish 2023?

CFA Institute

What are the strengths, limitations, and nuances of presidential election cycle theory and what does the current political context foretell regarding whether 2023 will follow the predicted trend?

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Rapid inflation persists as Fed officials favor higher rates

CFO Dive

Federal Reserve policymakers have recently voiced particular concern for persistently high gains in prices for services excluding housing.

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In Memory of Jeff Davis

Focus CFO

We are saddened to announce that our friend and colleague, Jeff Davis, has recently passed away. Jeff joined the FocusCFO team in 2020, where he shared his talents and experience as an entrepreneur and business leader to help businesses in his local community. Jeff's generosity with his time and talent was a treasure to his clients and colleagues. Should friends desire, memorial donations in Jeff's honor may be made to Montrose Zion United Methodist Church in Akron, Ohio or to the American Cance

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Mediabrands Greater China appoints CFO

Future CFO

Mediabrands Greater China announced recently the appointment of Crystal Zhang as CFO. With almost three decades of financial expertise under her belt, Zhang joined from her prior role as CFO for investment management company Withinlink. She also had professional experiences from Dentsu Aegis network and WPP group in China, providing senior financial leadership including M&A and integration.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Aditya Birla Group in talks with global banks for Vi equity infusion

CFO News

These funds will be used to part-finance the planned ₹5,000-crore equity infusion by the promoters into Vi, following the Indian government's decision to convert dues worth ₹16,133 crore into equity, said two people directly aware of the matter.

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January inflation came in higher than expected, rising 0.5% to an annual rate of 6.4%

Tips Watch

Non-seasonally adjusted inflation rose 0.8%, giving a boost to investors in TIPS and I Bonds. By David Enna, Tipswatch.com The January inflation report, just released by the Bureau of Labor Statistics, showed a return to higher-than-expected U.S.

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January retail inflation 'overestimated', say economists

CFO News

The retail inflation based on the Consumer Price Index (CPI) jumped to a three-month high of 6.52% in January, according to the data released on Monday.

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The “No Landing” Scenario

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►A Strengthening consumer – “January expected household income drop was greatest in survey history” ►The “No Landing” Scenario – “The remarkable momentum in consumer spending an.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Adani Group looks to repay $500 million bridge loan to fund acquisition of Holcim cement units

CFO News

The Adani Group completed the acquisition of Holcim's stakes in Ambuja Cements and ACC in September 2022. The group, which has an estimated debt of $30 billion, has been looking at ways to calm nervous investors.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Zoetis, Citigroup & Nvidia from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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ADIA, Goldman Sachs, Carlyle eye TVS Motors' EV arm with $300 mn-$350mn cheque

CFO News

If the deal takes place at this valuation, it will become the most valuable two-wheeler EV company in the country. The current market value of TVS Motor is Rs 51,238.15 crore.

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Financing Liquid Waste Equipment

Commercial Credit Group

What do vacuum and pumper trucks, water blasters, portable restrooms, excavators and skid steers have in common? They are all equipment used in the liquid waste and wastewater industry.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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ESG gatekeeper readies a verdict on Adani group companies

CFO News

One of ESG’s most influential gatekeepers will soon render its own judgment.

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#FA Success Ep 320: Navigating Hyper-Growth To Achieve Platform Scale For Independent Advisors, With Jim Dickson

Nerd's Eye View

Welcome back to the 320th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jim Dickson. Jim is the CEO and Founder of Sanctuary Wealth, an RIA platform with 80 partner firms in 29 states that collectively oversee nearly $25 billion in assets under management. What's unique about Jim, though, is how he has built an RIA platform approaching $25B in AUM in just 5 years, and the way he’s managed everything from hiring and staffing to raising outside investor ca

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Blackstone says India top Asian market, eyes infra investments

CFO News

The U.

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10 Tuesday AM Reads

Barry Ritholtz

Happy Valentine’s Day! Share the Love with our Tuesday Two-fer morning train WFH reads: • How Massive The NFL Really Is, In 4 Charts : Football’s grip on American sports fandom expands well beyond just watching the Super Bowl. More generally, Gallup has been asking Americans about their favorite sport to watch since 19371 — and for the past half-century, American sports fans have come to a pretty clear consensus: Football is king. ( fivethirtyeight ) see also The 18 Best Live Sports Experi

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Fed officials keep door open to peak policy rate above 5.1%

CFO News

Williams on Tuesday sounded a touch more hawkish note, and said that ending 2023 with the benchmark overnight interest rate between 5.00% and 5.50% "seems to be the right kind of framing" for the policy outlook.

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Gautam Adani crisis likely to leave India’s conglomerates unscathed

CFO News

India's conglomerates do not yet rank among global majors like Apple and Tesla, but neither are they about to collapse in a heap of governance failures. Adani is an outlier, not representative of India Inc as a whole, and its stock rout is unlikely to spill over to other Indian conglomerates.

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Future Generali India Life appoints Alok Rungta as CFO & Head Business Transformation

CFO News

Alok Rungta is a qualified Chartered Accountant and a veteran in the insurance and financial services industry. He brings over 25 years of work experience and has previously worked with leading life insurance companies, the company said.

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Vodafone Idea appoints Murthy GVAS as interim CFO

CFO News

Murthy is currently designated as the executive vice president - financial controller and taxation head. He also leads a Shared Services vertical in the financial function, the company said in an exchange filing on Tuesday.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.