CFO Job Description
CFO Duties & Responsibilities
To write an effective CFO job description, begin by listing detailed duties, responsibilities and expectations. We have included CFO job description templates that you can modify and use.
Sample responsibilities for this position include:
CFO Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for CFO
List any licenses or certifications required by the position: CPA, ACF, TBMA, ITIL, PTO, FAC-C, DAWIA, III, II
Education for CFO
Typically a job would require a certain level of education.
Employers hiring for the CFO job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Education, MBA, Business, Business/Administration, Economics, Management, Healthcare, Graduate
Skills for CFO
Desired skills for CFO include:
Desired experience for CFO includes:
CFO Examples
CFO Job Description
- Oversee accounting, systems, selection, setup, implementation of all new units/projects
- Oversee Real Estate Development to insure new unit openings are constructed on time and on budget
- Manage and oversee all forecasting, trends, and annual budgets to proactively manage the financial viability of the overall business and achieve P&L objective
- Supervise monthly financial closings
- Perform treasury/cash management functions including cash flow reporting, transfers, bank relations and bank reconciliations
- Complete analytical financial statement reviews and other financial information for senior management
- Complete miscellaneous special projects and analyses
- Maintain CFO's calendar
- Oversee incoming and outgoing correspondence
- Act as a liaison to the CFO
- Extremely results-oriented, with ability to identify issues and follow through with efficient, effective solutions
- 10+ years of professional finance experience expected, with several years in senior financial leadership roles
- Fast moving consumer products experience required, seasonal apparel experience preferred
- Unquestioned personal integrity and work ethic
- Assist the Chairman with annual budget exercise monitoring budget and target achievements
- Experiences with fund-raising, financing and IPO highly desirable
CFO Job Description
- Act as a liaison for department to support groups
- Prepare and submit T&E reports
- Review and approve office supply and technology related requisitions
- Coordinate and plan department-wide events
- Oversee department space usage, coordinating all moves, renovations, and space upgrades
- Responsible for the overall direction and management of finance, accounting, purchasing, and investments overseeing facility management
- In conjunction with President/CEO and Senior Leadership, ensure the preparation of Agency’s annual operating and capital budgets specific budgets for foundations, grants and government contracts
- Provide administrative assistance to the CFO
- Assist, draft and review reports filed with the SEC
- Review documents for readability, spelling errors, duplicate values, and unusual formatting
- Experiences with working in WOFE company or international company highly desirable
- Ability to build relationships internally with the leaders and stakeholders
- MBA and/or CPA/CIMA/CIA/ACCA/FCA highly desirable
- 20+ years in progressively responsible financial leadership roles, preferably in real estate development, property management, and/ or construction industry
- Min 10 years GCC experience out of which 6 - 8 years in the UAE & currently available in the UAE
- Capable of of providing strategic, financial and commercial advise
CFO Job Description
- Prepare and review Edgar files
- Prepare documents for various submission deadlines
- Provide vision, experience and expertise in support of the company’s future strategic plans and initiatives
- Deliver strategic oversight and hands-on implementation
- Assisting with Accounts Payable invoices
- Overseeing vendor management
- Completing projects as necessary
- Oversee all areas of financial reporting, budgeting, financing, and bank compliance
- Supervise IT applications and vendors to manage infrastructure and user needs
- Oversee the Distribution Center, inventory forecasting, purchasing, and right sizing inventory
- Ability and willingness to move and work in Mecca for the duration on the construction and the opening of the hotel complex
- Experience in turning around the projects
- BA/BS in Accounting, Finance, Business or related field required
- MBA or Masters of Accounting/Finance is a strongly desired
- Previous CFO experience required
- Incumbent should be a high caliber CA/ACA/CPA
CFO Job Description
- Update reporting systems and verify prior years’ balances
- Prepare financials for Family, consolidated and by entity
- Work with Principals and attorneys to review and update corporate structures and some estate planning
- Work with Principals to review and update insurance
- Monitor and manage cash balances
- Liaise with Banks, Funds and Investment Companies directly to monitor and review investments
- Analyze investment opportunities and make recommendations
- Prepare documentation for new investments
- Manage all accounting responsibilities with the help of a bookkeeper
- Build out management reporting function, including budgeting and forecasting process
- Experience of at least 15-20 years in a reputed organization in the Middle East preferably in the hospitality sector(or international experience)
- Should possess special skills in project management, negotiations of contracts, procurement of materials, machines and equipment in addition to the experience of core hotel business
- Should also have experience in starting up or opening new hotels
- Fluent in English and knowledge of Arabic is preferable
- Graduated from top universities
- Responsible for the establishment and maintenance of policies, procedures, and practices to safeguard assets ensure compliance with GAAP and other applicable regulatory laws and rules for financial and tax reporting
CFO Job Description
- Manage external audit and tax
- Leading finance team to a world-class level
- Refinancing of the Company
- Contribute to major decisions within the organization
- Develop financial strategies
- Develop and enforce standard operating procedures
- Report financials to the CEO
- Complex calendar management (day-to-day, fiscal year planning, and time management), resulting in both executives staying focused on business priorities, working efficiently and being fully prepared and timely for appointments
- Perform complex and confidential assistant functions including developing and typing written correspondence
- Bill paying
- Ability to be flexible within a fast-paced environment
- Solid experience in Finance, Internal Controls or Audit
- Understanding of how Finance and Middle office areas operates (Accounting, Product Control (BU Finance) and Tax)
- At least 15 years of working experience and previous track records in a managing scope in APAC region or even global exposure
- Knowledge of ERP system, with good financial acumen to know where to improve current ROI or cash flow
- Ability to deal with confidential material in a professional and discreet manner