Chief Financial Officer – What Constitutes Competency? ( IV )

He must be able to articulate, communicate and execute major initiatives required to implement strategies which shall include developing value creating optimal capital structure and dividend policy, managing relationship with investors and all the financial community, negotiating and executing all major financial transactions including borrowings, shares issuances and repurchases, coordinating preparations of short-term operating budgets, developing key performance measures for each business unit, ensuring that business units have adequate management controls in place, assessing business unit performance in conjunction with senior management.
There is also the typical financial function he must assume. For instance: ensuring that all external reporting and compliance obligations are fulfilled, establishing controls to safeguards assets, ensuring the integrity and efficiency of working capital management, filing and paying all tax obligations, pursing opportunities to reduce tax burden, maintaining close relationships with banks, and managing risk management programs.

The CFO must possess the relevant knowledge and skills and these will include seasoned business judgment and superior analytical capabilities particularly in strategic business and financial analysis, ability to form an indepdendent view and challenge the ideas of the CEO and operating managers while maintaining their respect and confidence, has the presence to deal with the financial community, taking the initiatives to lead negotiations in major transactions, and strong administrative and people management skills.

If this sound daunting, have no fear. We understand the intricacies of value drivers and possess know-hows and tools to fine-tune them to achieve compelling value propositions. Let our team of experts lead you through the Value Based Management process.

Are you ready to be an ACE CFO? Where you can articulate, communicate and execute the corporate strategy..