Chief Financial Officer Job description

Chief Financial Officer job description

The Chief Financial Officer is accountable for the administrative, financial, and risk management operations of a business.

The Chief Financial Officer will have primary responsibility for planning, implementing, managing and controlling all financial-related activities including the development of financial and operational strategies.

The role of a Chief Financial Officer will include direct responsibility for accounting, finance, forecasting, strategic planning, job costing, deal analysis and negotiations and investor relations.

As a key member of the Executive Management team, the Chief Financial Officer will report to the company CEO, Director or President and assume a strategic role in the overall management of the company.

Chief Financial Officer role, duties and responsibilities

A Chief Financial Officer will be expected to perform any of the following tasks:

  • Assist in formulating the company’s future direction and supporting tactical initiatives
  • Monitor and direct strategic business plans
  • Develop financial and tax strategies
  • Oversee all transactions and processing systems
  • Implement operational best practices
  • Supervise acquisition due diligence and negotiate acquisitions
  • Provide strategic recommendations to enhance financial performance and new business opportunities
  • Ensure effective internal controls are in place and compliance with GAAP and applicable regulatory legislation for financial and tax reporting

Person Specification

Typical qualities of a successful Chief Financial Officer include:

  • Over ten years in progressively responsible financial leadership roles
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organisation
  • Strong problem solving and ability to make decisions based on accurate and timely analysis
  • High level of integrity and dependability
  • Make and implement crucial recommendations