Chief Financial Officer Job Description: Salary, Duties, Skills
Do you have an interest in pursuing a rewarding career opportunity as a Chief Financial Officer (CFO)? If so, that will mean you'll be responsible for a company's finances and financial reporting. Additional responsibilities will also include assessing financial opportunities and risks and overseeing and managing lower-level financial management teams. You'll also be responsible for assisting with setting and tracking financial budgets, goals, and objectives.
Table Of Contents
Chief Financial Officer Job Description Sample
Our organization is actively searching for a qualified chief financial officer to take on a leadership position from a financial perspective. You'll take ownership of our company's fiscal and regulatory matters while working alongside other C-Suite team members. Successful candidates must have previous CFO experience with a company that has complex financials, as well as an exclusive balance sheet.
Chief Financial Officer Salary
According to data collected by PayScale during 2019, the national average salary for a chief financial officer is $132,028.00 per year. That equates to, on average, a median wage of $33.51 per hour. Entry-level chief financial officers with less than one year of experience can expect to see salaries of $91,000.00 per year. Those who have been working for twenty years or longer are reporting earnings of at least $148,000.00 or more.
Chief Financial Officer Job Description For The Resume (Resume Summary)
Highly motivated, experienced, and qualified chief financial offers with ten years of experience in various industries. Dedicated to spearheading your organization's financial growth through cost-cutting initiatives and careful financial planning. Seeking to leverage my proven tenure and skills in your already established organization.
Chief Financial Officer Skills
- Impeccable written and verbal communication skills.
- Outstanding interpersonal skills.
- Proven skills in negotiation.
- Can make wise decisions and understand new issues quickly.
- Works well under pressure.
- Is a natural leader.
- Must be able to manage teams at all levels.
- Can delegate tasks effectively, and has excellent time-management skills.
- Excellent problem-solving and critical-thinking skills.
- High level of dependability and integrity.
Chief Financial Officer Duties & Responsibilities
- Assists with high-level decisions regarding strategies and policies.
- Helps with the recruitment of new team members as necessary.
- Oversees the organization's fiscal activities, including auditing, budgeting, and reporting.
- Assures regulatory and legal documentation is filed and monitors compliance regarding laws and regulations.
- Identifies and addresses all financial opportunities and risks for the company.
- Provides executive management with advice regarding the financial implications of all business activities.
- Supervises the budgeting team and all financial reporting.
- Reviews financial reports regarding cost reduction.
- Works well with CEO, COO, and Chief Marketing Officer regarding strategic planning.
- Assists in the formulation of an organization's future direction and the support of tactical initiatives.
- Directs and monitors the implementation of strategic business planning.
- Develops tax and other financial strategies.
- Manages the budgeting and capital request process.
- Manages departments, including accounting, investor relations, tax, and treasury.
- Oversees financial operations of foreign operations and subsidiary companies.
Chief Financial Officer Requirements
- Bachelor's in finance, accounting, or related field, masters might be the preference.
- Must have at least ten years experience or more in a senior-level management position.
- Should have experience partnering with executive teams.
- In-depth background in accounting and finance, including an understanding of balance sheets, budgeting, cash flow management, general finance, and profit and loss.
- Has insights into corporate governance.
- Preference is given to those in with finance leadership roles in the construction industry, property management, or real estate development.
- Being bi-lingual is a plus.
Phone Interviews have become a core part of the process when attempting to find a secured placement for an open position. Companies receive massive responses from potential..
Concerning a job search, you might receive numerous offers from your recruiters. Before you choose one, you need to assess all the conditions, for which it is vital that you know everything associated with the offered position..
Answering this question during a job interview requires more than knowing why you are unique as an individual. Yes, the true scientific answer is made up of two main components: your..
So, you have been in search of a job for a considerable time but are yet to be selected for one. If that's the case, don’t worry anymore because we have got you covered..
Open-ended questions like “What motivates you?” can elicit a deer-in-the-headlights reaction from job candidates if they are unprepared. It’s a broad question and can leave the interviewer..
A lot of interviewers ask this question - how did you hear about this position? This way they can judge you if you are a passive or an active job seeker..
Writing a thank you note after an interview says a lot about you as a potential employee. Most notably, it says that you care about the opportunities presented..
Writing the perfect letter of resignation is more of an art than it is a science. And we’re going to cover how to master that art form in this full guide..
Knowing how to end a business note or email is an important skill to develop. It helps portray a sense of confidence, respect and tone to your message..