Thursday, March 8, 2012

CFO - Role and Responsibilities

Based on extensive studies, Deloitte & Touche USA has concluded that the CFO job is comprised of four roles, or faces, each with its own unique responsibilities and demands: steward, operator, strategist  and catalyst.
In an article in CFO Asia, it was said that CFO should not spend more than 20% of his time to accounting related responsibility.

Roles of CFO (As seen by CFOs in Deloitte 2005 Report))
Policy Enforcer
Risk Manager
Recorder and Reporter
Financial Analyst
Capital/Funding Optimiser
Strategic Planner
Deloitte 2005 Report
Dennis Powell , 2003, Q&A: Dennis Powell Discusses His New Role as Cisco CFO
___________________________________________________________________________ cfo-role-and-responsibilities/ 2utb2lsm2k7a/ 550

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