The role of the chief financial officer (CFO) is now more complex and varied then ever. Many CFOs are grappling with an expanded breadth of responsibility while they adapt to rapid changes in the economic environment and their company’s business model. At any given time, CFOs will be managing activities around stewardship and control, finance operations, strategy execution and corporate performance.
One reason the CFO’s job is so challenging is because it’s really four jobs (steward, operator, catalyst, strategist). We call these distinct roles the “four faces” of the CFO.
We can help CFOs transform the finance function from a “supporting” function to a “business partner”, reduce its cost base, increase efficiency and quality of information, and improve decision making through our four core service lines:
| Finance Transformation Ensuring the finance function is operating efficiently and effectively through a balance of organisation structure, processes, talent management and systems optimisation. |
Integrated Performance Management Combination and alignment of corporate and operational objectives to effectively co-ordinate strategic planning, budgeting, reporting and performance management to enable better decision making. |
| Shared Services Design & Implementation Project and change management from feasibility assessment, scoping and design of shared services environments, through to implementation, continuous improvement and optimisation. |
Outsourcing Advisory Project and change management from feasibility assessment, scoping, supplier section to contract management, transition support, SLA design and optimisation. |
Why Deloitte?
We have vast experience of working with CFOs of indigenous and multinational companies and our team of consultants has a range of skills across our service lines, giving them a complete understanding of the issues and challenges facing the finance function. We combine these skills with our programme and change management expertise to implement and embed improvements and transformation.
Please do not hesitate to contact a member of the CFO services team with any queries you might have.