Nobody is born as financial director. One becomes at one point in his career. Previously the company's chief accountant were chosen as person of trust, management controller or financial controller specially hired for this position. Now the CFO of SMEs should make its way into the company accounting because:
Firstly: CFO provides fundamental support in respect of accounting and tax obligations. He ensures the liquidity of the company in securing short and medium to long term financing.
2ndly: he communicates to the direction of management, analyzes margins by product or customer profitability studies, but without participating in the decisions themselves. Same time, he optimizes the operation of its service. He is still considered a pure mechanic of numbers.
3rdly : CFO participates in management decisions, investment, alongside the operational departments, including as a full member of the management committee. He takes advantage of informal contacts with the CEO to raise in "drip" to financial issues. His participation in the strategy of the company is usually to remind tirelessly profitability targets and funding constraints it is usually only wear in the company.
In 4th: this position, usually own in listed groups is that of Deputy Director General in charge of Finance. He advises to close the branch on choice of business and financial strategy in order to satisfy shareholders.
Firstly: CFO provides fundamental support in respect of accounting and tax obligations. He ensures the liquidity of the company in securing short and medium to long term financing.
2ndly: he communicates to the direction of management, analyzes margins by product or customer profitability studies, but without participating in the decisions themselves. Same time, he optimizes the operation of its service. He is still considered a pure mechanic of numbers.
3rdly : CFO participates in management decisions, investment, alongside the operational departments, including as a full member of the management committee. He takes advantage of informal contacts with the CEO to raise in "drip" to financial issues. His participation in the strategy of the company is usually to remind tirelessly profitability targets and funding constraints it is usually only wear in the company.
In 4th: this position, usually own in listed groups is that of Deputy Director General in charge of Finance. He advises to close the branch on choice of business and financial strategy in order to satisfy shareholders.
The CFO of SMEs contribute to improved economic performance!
![The CFO of SMEs contribute to improved economic performance!]()
Reviewed by Hosne
on
1:09 AM
Rating:
