A High-Value CFO is...

Last April when I did the keynote at the Prophix User conference, I said this ...

Today, the trend is towards Operational CFOs who hold an MBA and bring a broader education & finance perspective, along with a strong ability to synthesize information. CEOs and Boards will demand their Chief Financial Officers possess broader-based skills as they seek business strategists and leaders in filling that role.

At the CFO Rising conference on Wednesday, the panel of finance recruiters had this to say ...

--At Fortune 1000 companies the number of controller to CFOs is down by about 33%. Conversely, those finance executives who have general management experience, strong operational contributions, and a record of leading strategic initiatives are the most sought after in filling Chief Financial Officer roles today. 

--The backward looking mindset of accounting and FP&A is now outdated and has become commoditized.

--Companies want PROspective mindsets from their CFOs. The game has moved beyond numbers. It requires a CFO to have a strong controller and finance team in place so he is free to focus on the big picture with the CEO.

--There is a trending convergence of the COO and CFO roles. (I think the CFO who brings a solid finance skill set plus operational experience is poised to win this every time).

--Today’s CFO requires much more than being the “finance police.” It requires passion, energy, vision, and the prove ability to move a company forward.

Cindy

Cindy Kraft, the CFO-Coach

Helping CFOs Package ... Position ... and Land!

Email: [email protected]

Phone: 813-655-0658