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
Embracing Flexibility in Leadership Roles: A Skill Every CFO Needs Flexibility isn’t about being indecisive or chaotic. What Does Flexibility in Leadership Look Like? Flexibility in leadership is a mix of mindset and action. Adaptable: Quick to respond to unexpected changes or disruptions.
Pathways to finance leadership Fortune Ernest Jose , chief financial officer, Enderun Colleges , believes that becoming a competent financial leader requires a blend of education, experience, and skill development. Jose believes that on the road to leadership in finance, one must take in mind the following: 1.
Finance leadership is undoubtedly not a cakewalk, as it involves various roles for the organisation to grow and drive value. Look for organisations with cultures that resonate with your values and roles that challenge you or expand your leadership skills,” Wong advises.
Recognizing the need to enhance my managerial capabilities, I pursued a Postgraduate Diploma in Management, which equipped me with essential leadership skills. When facing professional challenges, my approach is centred around maintaining a problem-solving mindset and a proactive attitude.
Delegating significant responsibilities, such as leading a budget review or preparing a report for senior leadership, helps them build confidence and skills. Not only does this make your department more efficient, but it also builds problem-solving and leadership skills.
5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury. 5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury.
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. Share your favorite leadership lesson.
Winnie Law , CFO, Technology & Operations (T&O), Global Functionsand Fit for Growth, Standard Chartered , believes the war on talent continues to be a challenge as the role of Finance pivots from being mere number crunchers and financial journalists to strategy influencers.
Global Engagements : Regular participant in international finance conferences, helping shape a modern, technology-driven finance department. This broadened her skills and highlighted the importance of cultural sensitivity, teamwork, and innovative problem-solving.
Join them on a customer visit, not just for problem-solving, but to build relationships and better understand both sales and customer objectives. Prioritize Evaluations: Use technology to expedite credit assessments and prioritize applications that are vital for sales, ensuring quick turnaround and minimal delays.
CIMA seeks to meet the growing expectations of modern finance professionals to be high-performance finance business partners capable of utilising technology and applying critical thinking skills, with an emphasis on applied problemsolving. The move comes following the findings of AICPA & CIMAs Future of Finance 2.0
Encouraging holistic problem-solving over isolated decision-making. Recruit champions from Sales or other influential departments when needed to advocate to top leadership. Hosting regular cross-departmental meetings focused on Q2C performance and risks, and also to resolve delays and issues caused by process inefficiencies.
Mid-Atlantic Midwest: Fifth Third Private Bank While having more than 160 years of local knowledge in the two key, highly industrialized US regions, Fifth Third Private Banks secret to staying at the top is an intricate mixture of innovative offerings, strategic technology use, and undisputed regional positioning.
The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.
Certifications such as SAP Certified Application Associate or SAP Certified Technology Consultant can be strong indicators of technical expertise. Ultimately, our job is to help clients achieve their business goals rather than just move to new technology solutions! Problem-solving often requires thinking beyond the software itself.
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. What advice would you give to someone aspiring to be a CFO?
Leadership and communication skills are also essential, as you’ll need to clearly convey financial insights to both financial and non-financial stakeholders. If you’re aspiring to become a CFO, my key advice would be to focus on building a strong foundation in both finance and leadership. ” – Sir John A.
The Awards are a testament to how finance empowers the transformation of business models and industries through the creative use of strategic thinking, innovative processes, advanced technologies, and the sheer will of the leaders who lead the function.
Fatema also lends her expertise as a non-executive director of the Institute of Management Accountants (IMA), showcasing her versatility and leadership in diverse settings. This synergy enhances both realms, fostering innovation and effective problem-solving.
The interview is part of the Female Leadership in Finance Series of FutureCFO. Strong leadership is also critical as this role must be able to influence leaders cross-functionally across the company. As the adoption of technology rises, F&A professionals can expect their roles to take on a more strategic lens.
Lessons from Craig Wert’s finance career reveal the power of adaptability, problem-solving skills, and the ability to seize opportunities in unexpected places. We are kind of a system-of-record, a workflow management tool for small businesses that have no other software, no other technology.
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. Although hired as a Financial Manager, I found myself knee-deep in operations, problem-solving, and finding better ways to work.
For businesses, AI and ML hold a powerful allure as companies consider how the new technologies might help boost productivity, cut costs, and gain a competitive edge. Robotic process automation (RPA) is an example of a “ground floor” technology embedded in many software systems such as ERP.
With rapid changes in technology, including digitization and automation, the World Economic Forum projects that 50% of all jobs will require a change in skillsets by 2027. There are dozens of certifications for other jobs as well, such as business analytics , business processes , inbound marketing , and leadership. Mentorship.
The Graduate Certificate of Cyber Security, on the other hand, will offer a “comprehensive understanding of cyber security spanning strategy, international orientation, critical analysis and problemsolving, communication, ethics and leadership.”. The offering comes with a predicted $5.2
The Coffee Bean & Tea Leaf ), says the appeal of the financial controller position lies in blending analytical depth with visionary leadership, overseeing financial strategies across sectors. It’s always a challenge when you start to implement a new technology,” Ramon concedes.
Yet CFOs report feeling exposed when it comes to maintaining and growing their technology skills while also developing digital competence among their finance teams. This is partly due to organisations underestimating the difficulty of change in terms of people’s behaviours, attitudes and talents needed to adopt technology fully.
Previous experience working in upper leadership roles or managing the financial duties of an organization provides the skills and knowledge to take on this role. They must also stay current with market changes and emerging technologies that can alter the finance landscape. Strong critical thinking and problem-solving capabilities.
Instead of merely focusing exclusively on technology, developing the workforce, and establishing a culture that accelerates progress is a key element in the formula for success. The three biggest obstacles they identified are lack of articulation of a digital strategy (39%), lack of necessary talent (33%), and moving too slowly (33%).
CFOs typically have a deep understanding of economic theory and practice and strong analytical and problem-solving skills. CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. Information Technology Auditor . Financial Manager.
Raised on a farm, Henk Cronje has returned to his roots as Head of Finance at Agri Technovation, a global innovation business focused on crop performance fuelled by science and technology. HENK CRONJE: I think science definitely but on top of that, technology. It’s great to be part of the CFO family.’.
AL: At the end of the day, most executive leaders are problem solvers and I like the challenge that comes with facing a roadblock and finding a way around it. In finance, there isn’t necessarily the same room for creative problemsolving the way it might be for some other offices.
The rest of my day is a mix of strategy and project work, focusing on integrating the latest technological advancements into our business processes and building a global business model around them. Regular check-ins with my partners and clients are essential, but I also prioritise time for innovation and problem-solving.
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.
This is a great framework to think about the FP&A processes and works well whether you’re taking-on a new FP&A role or want to move your FP&A department from ‘Reporting to Driving’ and get a seat at the leadership table in the business. be passionate about problemsolving [Curious].
Attend board meetings and provide detailed financial reports and recommendations to company leadership. Some companies offer formal management training programs to prepare financial professionals for leadership roles. Leadership Skills This involves delegation, motivation, honesty, and integrity.
Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Evolution of the Virtual CFO Concept With the rise of remote work and advancements in technology, the concept of a virtual CFO has gained significant traction.
The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. The experience of working in the US in particular enhanced my leadership skills and informed my working style.
Certainly, there is no shortage of problem-solving exercises along any CFO’s path, but he had already told us that his career track had likely been different from that of other CFOs—and we had sensed that the “something” to which he had been referring had not yet been disclosed to us. .” This is not your ordinary pill.
I learned how to operate and think globally, and I discovered there were other ways to solveproblems,” remarks Conti, who tells us that he once augmented his problem-solving acumen by observing how a broken blade was replaced on a factory floor near Florence, Italy. billion of parking commerce.
Certainly, there is no shortage of problem-solving exercises along any CFO’s path, but Sanford had already told us that his career track had likely been different from that of other CFOs—and we had sensed that the “something” to which he had been referring had not yet been disclosed to us. This is not your ordinary pill.
The idea was born following a conversation I had with a fellow CFO who was having difficulties within her own organisation and was seeking advice to help overcome hurdles with the executive leadership team. While greater female visibility in leadership roles is undoubtedly a positive, a top-down approach alone won’t work in the end.
To get you started, here are 5 ways you can use AI to transform finance and 5 ways AI can speed your move away from yesterday’s technology for a total of 10 tips you can put to work today. The next generation of finance professionals embraces and expects AI-enabled technology to be readily available at their firms. Essential Terms.
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