Today’s CFOs and finance organizations need to execute on a much broader range of responsibilities than existed in their traditional role as corporate accountant – including those related to finance function effectiveness, information quality and consistency, finance talent management, internal controls and corporate governance, business performance management and others. Our service offering enable CFOs and Finance Executives to improve business performance and shareholder value while actively improving operational effectiveness and efficiency.
Today’s CFOs are expected to play four diverse and challenging roles.
Steward. Accounting, control, risk management and asset preservation are the province of the Steward. The Steward must ensure company compliance with financial reporting and control requirements. Information quality and control rationalization are top-of-mind issues for the Steward.
Operator. Efficiency and service levels are the primary areas of focus for the Operator. The Operator must dynamically balance cost and service levels in delivering on the finance organization’s responsibilities, and adapt finance’s operating model as necessary. Talent management, offshoring and shared service decisions are often the key issues to be addressed.
Strategist. The Strategist is a director, focused on defining the future of the company to enhance business performance and shareholder value. The Strategist provides a financial perspective on innovation and profitable growth; leverages this perspective to improve risk-awareness, strategic decision-making and performance management integration; and translates the expectations of the capital markets into internal business imperatives
Catalyst. The Catalyst is an agent for change, focused on establishing a value attitude throughout the organization. The Catalyst gains business alignment to identify, evaluate and execute strategies, and serves as a business partner to other decision makers including business unit leaders, the chief information officer, and sales and marketing leaders. The Catalyst establishes a structure of enterprise accountability for results drives enterprise execution and gains acceptance from business management as the organization’s catalyst
These varied roles make a CFO’s job more complex than ever. And that’s where we can help. We can bring a ‘whole company’ perspective of the finance function to help CFOs see opportunities and avoid obstacles that may have been hidden before. It’s an approach that can have a significant impact on value creation both internally and externally.
The main areas covered by our service offering are:
Download the CFO Services brochure to find out more.