You might hire a chief financial officer to:
- Evaluate the finances associated with a new partnership, joint venture, or acquisition
Model and project revenue opportunities in a specified marketplace
Analyze internal operations for cost-saving potential
Oversee HR payroll and benefits and/or financial IT functions
Monitor, track, analyze, and report on the company’s financial performance
Required skills and qualifications | Preferred skills and qualifications |
Experience in accounting, business, finance, or economics | Degree in accounting, business, finance, or economics |
Experience in an executive leadership role | Understanding how to raise capital |
Understanding of advanced mathematics, tax planning, and regulatory compliance | Public Accountant certification |
Technical competence in accounting, math, analytics, forecasting, economics, and tax law | Soft skills in negotiation and conflict management, relationship building, and adaptability to change |
Soft skills in strategy, communication, and leadership |