What Does a CFO Do?
What does a CFO do? I get that question often. So what’s the answer? A good CFO will have reach and responsibility in many areas of a company, and it’s tough to answer this question in just a few sentences. The core areas that a CFO has direct responsibility for include:
- Cash Management
- Financial Reporting
- IT Development and Management
- Strategic and Financial Planning
- Stakeholder Relations
- Human Resources
- Pricing and Cost Analysis
- Risk Management and Governance
Over the next few weeks I’ll be issuing a series of blog posts, going into depth on each of these areas. Each area plays a very unique role in businesses large and small, and having a system of accountability to ensure that these functions are being performed effectively is extremely important. Stay tuned…
About Gateway CFO Solutions, LLC:
Based in St. Louis, Gateway CFO Solutions helps small businesses grow profits and revenues, and bring peace of mind to their company’s financial picture through part-time CFO services. Many small business owners are without a trusted advisor for the financial side of their business, and they have seemingly few resources to turn to for expert guidance. We provide that guidance and act as a trusted, strategic advisor for our clients. We provide both broad, global planning and “roll up the sleeves” technical services.