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Responsibilities of CFO

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Please identify at least 5 key responsibilities of the CFO position today and also explain why each responsibility is important to a company.

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Solution Summary

This solution identifies and describes at least 5 key responsibilities of the CFO position, as well as why each responsibility is important to the company.

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5 KEY RESPONSIBILITIES OF THE CFO POSITION

Financial Planning - Lead strategic financial planning, forecasting and financial reporting process in support of short range and long term strategy. Take care of day to day financial running as well as the strategic financial planning which will include all funding requirements for future ventures. Also take care of investment planning & the implementation of policies, procedures & working practices.

This is back bone of all the planning process of company. Company's planning process has to be supported by financial planning for growth of company.

Budget - Manage the budget process, including establishing and ...

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