Chief Financial Officer (CFO)

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Definition of 'Chief Financial Officer (CFO)'

The Chief Financial Officer (CFO) is a senior-level executive who oversees the financial activities of a company. The CFO is responsible for managing the company's finances, including budgeting, cash flow, and financial reporting. The CFO also works with the CEO and other senior executives to develop and implement the company's strategic plan.

The CFO is a critical member of the senior management team and plays a key role in the success of the company. The CFO must have a strong understanding of finance, accounting, and business operations. The CFO must also be able to think strategically and make sound financial decisions.

The CFO's responsibilities include:

* Managing the company's finances, including budgeting, cash flow, and financial reporting
* Developing and implementing the company's financial strategy
* Working with the CEO and other senior executives to develop and implement the company's strategic plan
* Overseeing the company's accounting and financial reporting functions
* Ensuring that the company complies with all applicable financial regulations
* Providing financial advice to the CEO and other senior executives

The CFO is a critical member of the senior management team and plays a key role in the success of the company. The CFO must have a strong understanding of finance, accounting, and business operations. The CFO must also be able to think strategically and make sound financial decisions.

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