Audit partner vs chief finance officer

Differences between audit partner and chief finance officer duties and responsibilities

Audit partner example responsibilities.

• Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
• Frequent speaker to professional organizations on FASB activities.
• Implement audit risk practice utilizing COSO methodology, updating internal audit approach from traditional substantive testing to risk-base auditing.
• Involve in planning and execution of testing revenue/ cost adjustments relate to an early adoption of ASC 606.

Chief finance officer example responsibilities.

• Lead management team in developing and executing a combination of pricing and cost savings strategies that improve EBITDA more than threefold.
• Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
• Lead system conversion to Hyperion planning budgeting/forecasting software, responsible for training, developing and implementation.
• Manage all firm banking relationships, treasury functions and retain signatory authority for all partnership and corporate accounts.
• Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
• Prepare annual general ledger reconciliations and consolidate financial reports for CPA tax preparation.
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