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Chief Financial Officer |
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Description of Chief Financial Officer. Explanation. |
Definition Chief Financial Officer. Description.
The Chief Financial Officer is the person responsible for the financial management of the corporation. His duties include producing annual reports, signing important financial transactions, devising long-term financial plans and budgets, capital raising activities, analyzing and reviewing financial data, internal reporting on corporate performance, and monitoring expenditures and costs. He may also hold additional responsibilities such as dealing with mergers and acquisitions, overseeing treasury, risk management. He reports to the CEO.
Furthermore the CFO is required to present this kind of information to the board of directors and to shareholders and regulatory bodies at regular intervals.
Compare with: Chairman of the Board | Chief Executive Officer | Chief Operating Officer | Parenting Styles | Strategic Risk Management | Corporate Governance |
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End of description Chief Financial Officer. An explanation. |
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