CFO's rise beyond the balance sheet - Marketplace


Many CEOs of startups as well as Owners of SMBs had an outdated view of the role of today’s CFO. As this recent article by the NPR business show “Marketplace” states:

“The job of chief financial officer has expanded dramatically over the past 15 years — they’re not just accountants anymore. “

CFOs are increasingly being asked to provide not only traditional financial and accounting skills but also a broader set of strategic and operational skills. More than ever CFOs are true business partners to CEOs in helping them improve profitability in a purposeful, strategic manner:

"“I jokingly say we’re [the CEO & CFO] BFFs, because we work hand in hand almost on a daily basis."

It’s not enough to say, “Here are the numbers.” It’s not imperative to say, “Here are the numbers, this is what they mean, and here are some options for the company to improve them”

Read the full article

#roleofcfo #CEOCFORelationship

Recent Posts

See All

Reshaping the Role of the CFO

According to a recent survey, conducted in two parts, by Grant Thornton LLP, the current pandemic has forced chief financial officers (CFOs) to become “change agents” and “strategists” — while still o

U.S. Confidence in Economy Starts to Rebound

In the second quarter of 2020, U.S. Chief Financial Officers (CFOs) said they were more optimistic about the financial prospects of their companies and the direction of the U.S. economy compared with

(415) 562-4490