CFO Job Description Template

Use this CFO job description template to advertise the open roles for free using Longlist.io. You can use this template as a starting point, modify the requirements according the needs of your organization or the client you are hiring for.

Job Brief

We are looking for an experienced Chief Financial Officer or CFO to perform effective risk management and plan the organization’s financial strategy. It is a very important and complex role since an organization can only survive if it actively investigates and safeguards its finances.

A CFO must be well-versed in all aspects of financial management ranging from simple accounting to broad investment and banking operations. The ideal candidate will be an excellent leader since all relative departments of the organization will be under their command.

The goal is to protect the company’s revenues and profits to achieve full financial control and sustainable growth.

Responsibilities

  • Drive the company’s financial planning
  • Perform risk management by analyzing the organization’s liabilities and investments
  • Decide on investment strategies by considering cash and liquidity risks
  • Control and evaluate the organization’s fundraising plans and capital structure
  • Ensure cash flow is appropriate for the organization’s operations
  • Supervise all finance personnel (controllers, treasurers etc.)
  • Manage vendor relationships
  • Prepare reliable current and forecasting reports
  • Set up and oversee the company’s finance IT system
  • Ensure compliance with the law and company’s policies
  • Manage team of financial controllers and financial analysts.

Requirements

  • Proven experience as CFO, finance officer or relevant role
  • In depth knowledge of corporate financial law and risk management practices
  • Excellent knowledge of data analysis and forecasting methods
  • Proficient in the use of MS Office and financial management software (e.g. SAP)
  • Ability to strategize and solve problems
  • Strong leadership and organizational skills
  • Excellent communication and people skills
  • An analytical mind, comfortable with numbers
  • CPA is a strong advantage
  • BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus

What does CFO do?

A Chief Financial Officer (CFO) is a senior executive responsible for managing the financial activities of a company. On a day-to-day basis, a CFO typically performs the following tasks:

  1. Financial Planning and Analysis: The CFO works on financial forecasts, budgeting, and cash flow management. They analyze financial data and provide insights to support strategic decision-making.

  2. Financial Reporting: The CFO oversees the preparation and presentation of financial statements and reports, ensuring compliance with regulatory requirements and accounting standards. They provide accurate and timely financial information to internal and external stakeholders.

  3. Risk Management: The CFO assesses and manages financial risks, such as credit, market, operational, and liquidity risks. They develop strategies to mitigate risks and implement appropriate controls.

  4. Capital Management: The CFO is involved in capital allocation decisions, including determining optimal capital structure, managing debt and equity financing, and evaluating investment opportunities.

  5. Financial Operations: The CFO oversees the organization's financial operations, including managing banking relationships, negotiating contracts, and implementing financial systems and processes to improve efficiency and control.

  6. Investor Relations: The CFO plays a crucial role in communicating with investors, analysts, and shareholders. They participate in earnings calls, investor presentations, and meetings to provide information and address financial inquiries.

  7. Compliance and Governance: The CFO ensures compliance with financial regulations, tax laws, and corporate governance practices. They work closely with auditors and regulators to maintain transparency and integrity in financial reporting.

  8. Strategic Decision-making: The CFO collaborates with the CEO and other executives to develop and execute the company's financial strategy. They provide financial insights and analysis to support strategic initiatives, mergers and acquisitions, and organic growth opportunities.

Overall, the CFO acts as the financial leader of the organization, providing guidance, financial expertise, and strategic direction to drive financial performance and achieve the company's goals.