2. 2
Chief financial officer – who is he?
The chief financial officer (CFO) or chief
financial and operating officer (CFOO) is a
corporate officer primarily responsible for
managing the financial risks of the corporation.
Also is responsible for:
financial planning
record-keeping
financial reporting
analysis of data
supervision the finance unit
financial spokesperson
assists the chief operating officer (COO)
3. 3
RESPONSIBILITIES
direct and control finance staff
contribute to the achievement of the company's
business objectives by providing advice and
guidance on financial strategy
develop and control the company’s annual
operating budget
provide financial advice and guidance to the
company's managers and staff
oversee the preparation of the company's
financial accounts
develop and maintain all necessary systems,
policies and procedures
monitor external contracts and services provided
by suppliers
carry out all necessary actions
4. 4
Skills
Typical qualities of a successful Finance Director
include:
excellent leadership skills
excellent interpersonal skills
team building skills
well-developed accounting skills
analytical and problem solving skills
decision making skills
effective verbal and listening communications
skills
attention to detail and high level of accuracy
very effective organizational skills
computer skills
stress management skills
time management skills
5. 5
Earnings
Average salary:
The lower quartile:
Median:
The upper quartile:
20 921 zł
15 159 zł
20 166 zł
24 820 zł
gross
Source: „Raport płacowy” Advisory Group TEST Human Resources, Autumn 2015
6. 6
How to Become a Financial Manager ?
experience
thorough knowledge
team management skills
exams
