What does a chief executive officer/chief finance officer do?
Chief executive officer/chief finance officer responsibilities
Here are examples of responsibilities from real chief executive officer/chief finance officer resumes:
- Lead the planning, selection and implementation of a new corporate ERP system.
- Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
- Conduct yearly audit prep work, complete audit reports and communicate with external CPA and law firms.
- Supervise payroll, payroll-tax and regulatory compliance activities.
- Redesign of field operations and payroll relate internal control procedures.
- Provide general oversight of all activities and assure smooth-functioning, efficient day-to-day operation.
- Obtain initial JCAHO accreditation and Medicare certification including special accreditation for specialty hospitals.
- Implement and provide oversight of physician compensation plans, recruit physicians and negotiate contracts.
- Revitalize inpatient rehab unit by obtaining CARF accreditation and Medicare separate unit status for higher reimbursement.
- Assist external CPA with preparation of certify audits, simultaneously establishing and implementing internal control procedures and policies.
- Improve the Sarbanes-Oxley control environment and documentation at multiple sites through simplify control environment by standardizing key controls across sites.
- Design and implement an effective inventory and A/P management and cutoff system.
- Interact frequently with Marriott legal and regional offices as the hotel ownership undergo foreclosure and bankruptcy.
Chief executive officer/chief finance officer skills and personality traits
We calculated that 22% of Chief Executive Officer/Chief Finance Officers are proficient in Financial Statements, Payroll, and Strategic Plan. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.
We break down the percentage of Chief Executive Officer/Chief Finance Officers that have these skills listed on their resume here:
- Financial Statements, 22%
Designed and published complete monthly and quarterly comparative financial statements, including supplementary department and project reports tracking performance against Budgets.
- Payroll, 6%
Redesign of field operations and payroll related internal control procedures.
- Strategic Plan, 5%
Served on Executive Management Teams to develop overall financial management and strategic planning for growth in all Distribution Channels.
- Human Resources, 4%
Supervised all human resources activities.
- External Auditors, 3%
Complied with lending covenants and managed relationships with bankers and external auditors.
- Oversight, 3%
Implemented and provided oversight of physician compensation plans, recruited physicians and negotiated contracts.
"financial statements," "payroll," and "strategic plan" are among the most common skills that chief executive officer/chief finance officers use at work. You can find even more chief executive officer/chief finance officer responsibilities below, including:
Leadership skills. To carry out their duties, the most important skill for a chief executive officer/chief finance officer to have is leadership skills. Their role and responsibilities require that "top executives must be able to shape and direct an organization by coordinating policies, people, and resources." Chief executive officer/chief finance officers often use leadership skills in their day-to-day job, as shown by this real resume: "assumed executive leadership for all board interactions and investor relations. "
Problem-solving skills. Another skill that relates to the job responsibilities of chief executive officer/chief finance officers is problem-solving skills. This skill is critical to many everyday chief executive officer/chief finance officer duties, as "top executives need to identify and resolve issues within an organization." This example from a resume shows how this skill is used: "present energy saving solutions to ceo, cfo, facilities management and engineering department managers. "
Time-management skills. For certain chief executive officer/chief finance officer responsibilities to be completed, the job requires competence in "time-management skills." The day-to-day duties of a chief executive officer/chief finance officer rely on this skill, as "top executives do many tasks concurrently to ensure that their work gets done and that the organization meets its goals." For example, this snippet was taken directly from a resume about how this skill applies to what chief executive officer/chief finance officers do: "implemented data warehouse/mart for mainframe systems on time and within budget improving our roi from 14% to 25%. "
Communication skills. Another common skill required for chief executive officer/chief finance officer responsibilities is "communication skills." This skill comes up in the duties of chief executive officer/chief finance officers all the time, as "top executives must be able to convey information clearly and persuasively." An excerpt from a real chief executive officer/chief finance officer resume shows how this skill is central to what a chief executive officer/chief finance officer does: "initiated investor relations platform and executed active communication. "
Most common chief executive officer/chief finance officer skills
The three companies that hire the most chief executive officer/chief finance officers are:
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Chief executive officer/chief finance officer vs. Controller, vice president
A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll.
There are some key differences in the responsibilities of each position. For example, chief executive officer/chief finance officer responsibilities require skills like "digital marketing," "r," "strategic plan," and "business development." Meanwhile a typical controller, vice president has skills in areas such as "internal audit," "nyse," "treasury," and "cash management." This difference in skills reveals the differences in what each career does.
Controllers, vice president really shine in the manufacturing industry with an average salary of $162,621. Comparatively, chief executive officer/chief finance officers tend to make the most money in the manufacturing industry with an average salary of $148,012.On average, controllers, vice president reach similar levels of education than chief executive officer/chief finance officers. Controllers, vice president are 1.4% less likely to earn a Master's Degree and 1.8% less likely to graduate with a Doctoral Degree.Chief executive officer/chief finance officer vs. Administration vice president
An Administration Vice President oversees the administrative teams and operations of an organization together with the president. They have the authority to set objectives and guidelines, establish budgets and timelines, gather and analyze data, coordinate managers, delegate tasks, and develop strategies to optimize operations. They also liaise with internal and external parties, maintain records, address issues and concerns, and participate in hiring new members of the workforce. An Administration Vice President implements an organization's policies and regulations, creating new ones when necessary.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that chief executive officer/chief finance officer responsibilities requires skills like "digital marketing," "r," "external auditors," and "balance sheet." But an administration vice president might use other skills in their typical duties, such as, "project management," "business administration," "portfolio," and "fte."
On average, administration vice presidents earn a lower salary than chief executive officer/chief finance officers. Some industries support higher salaries in each profession. Interestingly enough, administration vice presidents earn the most pay in the manufacturing industry with an average salary of $126,763. Whereas chief executive officer/chief finance officers have higher pay in the manufacturing industry, with an average salary of $148,012.In general, administration vice presidents achieve similar levels of education than chief executive officer/chief finance officers. They're 5.0% less likely to obtain a Master's Degree while being 1.8% less likely to earn a Doctoral Degree.Chief executive officer/chief finance officer vs. Corporate vice president
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from chief executive officer/chief finance officer resumes include skills like "digital marketing," "private equity," "travel arrangements," and "cpa," whereas a corporate vice president is more likely to list skills in "portfolio," "project management," "healthcare," and "treasury. "
Corporate vice presidents earn the highest salary when working in the hospitality industry, where they receive an average salary of $167,797. Comparatively, chief executive officer/chief finance officers have the highest earning potential in the manufacturing industry, with an average salary of $148,012.corporate vice presidents typically earn similar educational levels compared to chief executive officer/chief finance officers. Specifically, they're 0.8% less likely to graduate with a Master's Degree, and 2.0% less likely to earn a Doctoral Degree.Chief executive officer/chief finance officer vs. Finance manager
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Types of chief executive officer/chief finance officer
Updated January 8, 2025











