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Recent evolution of the finance function has necessitated CFOs to act as a strategic partner of CEOs and be a torch bearer for sustainable financial growth. The new CFOs of tomorrow need to tackle and master a number of challenging scenarios. These challenges generally emerge out of 5 key influencing forces- environment, organization, process, people and technology. The report throws light on key challenges emerging out of these influencers like new company act, extended finance function, working capital management, CFO succession planning and business analytics.