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This question is about what a chief finance officer does and chief finance officer.
What skills should a CFO have?
Chief financial officers (CFOs) should have extensive financial knowledge in addition to strengths in technology and leadership and various other soft skills.
A chief financial officer is the highest-ranking financial position in an organization. Accordingly, CFOs should have extensive knowledge and experience in financial management and accounting, with an emphasis on statistical modeling and an ability to relay important financial information in a digestible way.
Chief financial officers are also members of the executive C-suite. Consequently, they should have a demonstrated ability to manage the long-term goals of an organization.
In addition to a strong collaborative leadership style, CFOs should also possess skills and expertise in the following:
Communication, presentation, and nuanced influencing
Prioritization, time-management, and adaptability
Ethical business practices
Networking and negotiation
Technology and software for business
Compliance and control and corporate governance
Business analysis and automation
Some of these skills can be learned in undergraduate and graduate programs, but all need to be further developed by years of relevant professional experience to qualify for a position as CFO.
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