Chief Financial Officer

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Chief Financial Officer

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As CFO or chief financial officer, you use your background in finance or accountancy

to do the books for the business. You plan its financial and organisational strategies, managing bank accounts, reconciliation, payments, payroll and legal financial requirements, such as taxes, insurances and pensions. Regardless of the company’s size, you manage staff, oversee software and report to the board or owners on profitability and performance.

You monitor and manage financial trends, generate profit-and-loss reports, run balance sheets and create the end-of-year accounts.

Length of Training

8-10+ years

Salary Expectations

£60,000+

Qualification Requirements

Experience

At least eight years in a senior leadership position.

Knowledge
• Understand how to file the relevant tax information
• Lead the finance team and day-to-day operations 
• Develop innovative business strategies
• Conduct in-depth financial analysis
• Source funding and income
• Monitor the company’s financial health
• Keep records and accurate budgets
Skills
• Advanced analytical decision-making
• Risk assess and mitigate negative actions
• Innovative management style
• Leadership skills
• Strategic mindset
• Business intelligence
• Technical financial expertise
Personal Attributes
• Strong analytical skills
Good communicator
• Analytical aptitude 
• Think strategically
• Love working in a fast-paced environment
• Goal-oriented
• Direct and appreciate brevity
• Efficient and ordered
Qualification Requirements
CFOs generally have an MBA, advanced business of finance degree or economics and a range of accountancy qualifications.
Role Also Called

Chief financial officer (CFO), Financial controller, Director of finance, Head of finance, Chief accountant