Chief Financial Officer

What Does 'Chief Financial Officer' Mean?

The Chief Financial Officer is responsible for ensuring economic and financial stability and sustained profit growth. He has comprehensive responsibility for company's finance and risk management, plus responsibility for strategic financial management, and an active part in definition of business strategy. They make yearly plans and budgets. Assesses the riskiness of individual projects. He's responsible for budgets, reporting and controlling.

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See also: Glossary [ C ]