CFOs oversee different financial aspects of the company, such as internal financing and debt equity. This person ensures a proper ratio of liquidity and risk for the company. Dealing with capital structure, which is the long-term and short-term debt of a company, is a prime duty of a CFO.
The CFO must analyze financial trends and seize the right opportunities to expand the resources of an organization. Predicting the future, especially the long-term financial status of a company, is a vital aspect of the job.
This person also keeps records of past dealings, and he reports directly to the CEO and stockholders. The CFO may also serve on the board of directors. He is also subject to controllership duties, which are tasks that call for presenting accurate information that nearly every member of the organization relies on for success. A CFO is a company operative who specializes in business intelligence, but part of his role may call for assisting in vital operations. Helping the COO, or chief operating officer, is another part of a CFO's job description. He usually helps the COO with such projects as budgeting, cost benefit analysis and finding new sources of revenue.Learn more about Career Aspirations