Today’s CFOs are under more pressure than ever. Economic uncertainty, increased regulatory requirements, financial restatements and increased investor scrutiny have forced them into the spotlight. At the same time, they face continuous pressure to cut costs, grow revenue, and ensure controls. It’s no wonder that CFO turnover is on the rise and the role is under greater scrutiny, internally and externally.
One reason the CFO’s job is so fraught with challenge is because it is really four jobs in one. We call these distinct roles the “four faces” of the CFO. The first role is that of steward: preserving the assets of the organization by minimizing risk and getting the books right. The second is operator: conducting basic finance operations efficiently and effectively. The third is strategist: influencing the company’s overall direction. And fourth is that of catalyst: instilling a financial mindset to execution and risk-taking throughout the business. Here you will find insight into the challenges CFOs encounter in each of these four roles.
The CFO Program brings together a multidisciplinary team of Deloitte leaders and subject matter specialists to help CFOs stay ahead in the face of growing challenges and demands. The Program harnesses our organization’s broad capabilities to deliver forward thinking and fresh insights for every stage of a CFO’s career. Learn more about The CFO Program.
Explore our latest insights for CFOs below.