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
Detailed workforce planning and head count analysis Hiring, onboarding, and managing personnel are typically the responsibility of human resources departments, rather than FP&A. FP&A can contribute by modeling potential risk scenarios and their financial impacts, helping the organization prepare mitigation strategies.
Recognizing the need to enhance my managerial capabilities, I pursued a Postgraduate Diploma in Management, which equipped me with essential leadership skills. A CFO must align financial management with the company’s long-term goals, ensuring financial strategies support overall business growth.
Enhance Your Business Efficiency Now to prioritize personal well-being and leadership, ultimately preventing burnout and enhancing quality of life. Enhance Financial Strategies with Comprehensive CFO Solutions Strategic CFO services are essential for entrepreneurs aiming to enhance their financial wellness strategies.
Considering the CFOs’ expertise in financial management, risk assessment, and strategicplanning is vital in mastering the complexities of balancing these two goals. Further, riskmanagement is another area where the CFO shines.
The Risk-Insight Nexus In a climate of heightened regulatory scrutiny, geopolitical uncertainty, and growing ESG expectations, the CFO must also use information to sharpen riskmanagement and governance practices. Risk-adjusted decision-making is now a core capability of high-functioning finance teams.
She is driven to deepen her expertise in digitalization, AI, and machine learning , applying them to improve financial wellness and business efficiency and aims for international leadership roles that contribute to the economic development of Africa and values cross-disciplinary collaborations for impactful projects.
Afternoons are a mix of strategicplanning sessions and deep dives into emerging technologies, particularly Generative AI. Im passionate about lifelong learning, so I dedicate time to explore how the latest tools can solve real-world business problems and revolutionise industries like finance and supply chain management.
I aim to build a team of skilled professionals who can offer deeper financial insights, strategicplanning, and operational efficiencies that empower our clients to achieve sustainable growth. Building business acumen and riskmanagement capabilities will help you align financial goals with broader company strategy.
At a high level, a normal day involves strategicplanning, teamwork, and tackling challenges, but most days are diverse and varied. Mornings are typically all about concentrated focus, starting with ensuring alignment with our clients across key objectives like riskmanagement, credit solutions, and employee benefits strategies.
Because what we would do is we would parachute into places like British Airways, Montreal Trust Ca Industries, and we were like the external strategicplanning. And risk is not about not losing money. Riskmanagement is not about not losing money. Riskmanagement is about unexpectedly losing money.
As businesses gear up for 2025, TCI Group CFO Ashish Tiwari outlines the evolving role of CFOs, emphasising strategicplanning, riskmanagement, and technological proficiency as essential skills for future leadership.
Are you missing StrategicPlanning? Let’s quickly get through the first three items in any strategicplan. RiskManagement: Identify the potential risks that your company is going to face and develop strategies to mitigate them. Here’s a quick review. Remember that it is a living document.
PSCU has appointed Denise Stevens as senior vice president and chief product officer, while Scott Young will head the product delivery leadership team as vice president of innovation, PSCU announced today (Feb. Stevens will oversee product delivery and management, as well as its innovation teams. Young will report to Stevens. “We
This, however, does not necessarily mean that strategicplanning is off the table. The fact of the matter is that every business is subject to some amount of risk. A proactive way for business owners to mitigate their risk is through contingency planning. RiskManagement and Leadership.
Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation The 7th Annual CFO Africa event was a dynamic gathering of financial leaders, industry experts, and innovative thinkers. Pieter highlighted the importance of fostering collaboration and sharing best practices among CFOs globally.
The process involves identifying the key drivers of change for an organization, calculating an array of projections based on scenario modeling for potential variations in performance for one or more of those drivers, analyzing the results, and then concluding how to best apply such results to the business’s long-term financial and strategicplans.
Proactive and strategicplanning in advance of exiting a business will ease the transition whether it’s passing the company on or divesting entirely. Succession planning: Good succession planning involves deliberation over what is needed for the long-term success of a business. consumer and small business relationships.
Among the many great topics on the agenda at the Argyle CFO Leadership Forum in Dallas was a session titled “Managing and Minimizing Enterprise Risk.” Another panelist highlighted their investment in inventory, as well as managing growth in the business. How does incentive compensation play into riskmanagement?
The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategicleadership. With 9 competencies, this role focuses on leadership, communication, corporate governance, and change management.
To lead strategicplanning for the firm overall and in conjunction with its regional teams, Chris Newkirk is coming to Visa Inc. Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. as its new chief strategy officer.
Their expertise can bring fresh perspectives, best practices and innovative strategies to a company's financial management. Flexibility Fractional CFOs can be engaged for specific tasks or projects, such as financial analysis , fundraising, budgeting, strategicplanning or improving financial processes.
With an increasing focus on climate-related riskmanagement and disclosures, including those under the Taskforce on Climate-Related Financial Disclosures (TCFD) framework, companies are recognising that climate change also has an impact on their businesses, operations and financials. “It CFO’s role in driving ESG strategy.
A decision tree is a critical part of strategicplanning because it allows decision makers to analyze the effects of a significant change throughout different areas of the business. For decision trees with complicated calculations, a software program can assign values and probabilities to streamline decision-making.
Gary takes pride in his aptitude for organizational development, has significant experience as a senior advisor to leadership, and excels in formulating strategies to facilitate the attainment of business targets.
These offices, sometimes called the Office of Strategy Management (OSM) or Project Management Offices (PMO), handle measures, reporting, strategic projects, alignment, communications, and strategicplanning, which are all under the guise of CPM. A collaborative approach can also vastly improve riskmanagement.
Understanding the Role of an Interim CFO An Interim CFO is a seasoned financial executive who steps into an organization on a temporary basis to provide leadership, strategic guidance, and hands-on financial expertise. Rapid Growth: Scaling a business requires robust financial planning and management.
Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategicplanning, shared his journey, beginning with his entrepreneurial family background.
RiskManagement: Identifying and mitigating financial risks is crucial for SMEs. Fractional CFOs assess risks and implement strategies to protect your company’s financial interests. Fractional CFOs assess risks and implement strategies to protect your company’s financial interests.
This is the view of Georgeta Elena Precup (Moran), CPA,CGMA , Operating Partner - Acting CFO, Advisory at Beyond Podiatry , emphasising how CFOs occupy a unique vantage point, overseeing not only financial health but also strategicplanning , riskmanagement, and corporate governance.
Business planning and analysis Financial planning and analysis, profitability reporting and analysis, strategicplanning, and enhanced data analytics (collectively, BP&A) are among the highest-ranked priorities for CFOs and finance teams to address in the coming year.
Critical challenges for CFOs: CFOs face significant challenges in figuring out how to spend money on cybersecurity and setting up plans to respond to cyber threats early. Balancing the need for cybersecurity measures with budgetary constraints requires careful strategicplanning and resource allocation.
Mayank Goel According to Goel, CFOs can leverage taxes strategically and navigate tax policy discussions effectively through various measures. 1. Strategic Tax Planning and RiskManagement - CFOs need to view taxes beyond mere compliance.
The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and riskmanagement. CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. Financial Manager.
The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels. With the proliferation of risks, such as geopolitical tensions and cyber breaches, CFOs and the executive team must practice agility and transparency.
Thus, the nonprofit CFO carries the most significant responsibility out of the three by overseeing the entire financial strategy and management of the nonprofit. They’ll need to provide strategicplanning, financial forecasting, and riskmanagement while working with the board of directors.
Finance teams often get asked to do more with less, which makes it important that you adopt the right FP&A tools to amplify your capabilities and create more time for strategicplanning. A proactive approach to scenario modeling enables better riskmanagement and strategic decision-making.
And the techniques they’re employing – such as driver-based planning, rolling forecasts , and predictive modeling – are getting more sophisticated. FP&A has become more data-driven, taking a leadership role in supporting strategicplanning at the corporate level and across lines of business. Learn More.
This isn’t always a priority for dedicated nonprofit professionals, who may spend more of their time focusing on the issue or cause their group is involved with, as well as programming, donor relations, and event planning decisions. However, financially-minded folks are crucial for a variety of reasons.
BUSINESS PLANNING AND ANALYSIS Financial planning and analysis, profitability reporting and analysis, strategicplanning, and enhanced data analytics (collectively, BP&A) are among the highest-ranked priorities for CFOs and finance teams to address in the coming year.
The bank also implemented a new fund-services platform in the Singapore, Hong Kong, and Indonesia markets, creating new product capabilities for handling complex fund structures, improving processing time and operational riskmanagement. DBS has a competitive advantage in the growing digital asset sector.
The bank also implemented a new fund-services platform in the Singapore, Hong Kong, and Indonesia markets, creating new product capabilities for handling complex fund structures, improving processing time and operational riskmanagement. DBS has a competitive advantage in the growing digital asset sector.
Integration and Automation CFOs should integrate spreadsheets with other financial systems and applications to ensure seamless data flow and reduce the risk of errors during manual data transfers. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.
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