An equity research analyst provides research coverage of public companies and distributes that research to clients. Note: We have 156 other definitions for CFO in our Acronym Attic. Explore guides, templates, and a wide range of free resources and tools, A CEO, short for Chief Executive Officer, is the highest-ranking individual in a company or organization. The CFO reports directly to the CEO and has substantial input into the company's investments, capital structure, money management and long-term business strategy. The CFO reports these findings to the CEO, who makes decisions about how to alter operations to make the firm more efficient and effective . So, let’s take a look at it. ; What does CFO mean? What Does CFO Mean? Accounts Receivable (AR) represents the credit sales of a business, which have not yet been collected from its customers. The team effort in building the CFO strategy creates a new common understanding about the role of the CFO team. Definition: A chief financial officer – CFO, often referred to as a finance director, is the executive responsible for overseeing the financial operations of the company. Meaning of CFO. The services will differ from firm to firm, but usually a Virtual CFO will: Handle all the duties of a traditional CFO, but work remotely and on a part-time basis. The meaning of the CFO is also explained earlier. The CFO Guidebook provides the CFO with detailed advice regarding how to be most effective in every aspect of the job. What is CFO? CFO’s meaning is the Chief Financial Officer. List of 228 CFO definitions. Chief Financial Officer - CFO This is the senior manager who is responsible for overseeing the financial activities of an entire company. COO – Chief Operating Officer – This person is responsible for the day to day operations or … They also carry out the issuing of any debt, managing investments, and handle other liquidity-related decisions. In most cases, the company's chief executive officer (CEO) CFO. These responsibilities are usually carried out by the treasury groupTreasury Career PathTreasury management jobs involve ensuring that cash and financial risks in a business are properly managed and optimized. The CFO has the responsibility to analyze data, identify patterns, and forecast the required financial data and information which will allow the company to avoid pitfalls and invest smartly to ensure better returns and profits. If the company has a corporate developmentCorporate Development Career PathCorporate Development jobs include executing mergers, acquisitions, divestitures & capital raising in-house for a corporation. People outside the business world often get confused with the roles played by the CEO vs. CFO. What is CEO vs. CFO? CFO (Chief Financial Officer) is the corporate title for the person responsible for managing the company's financial operations and strategy. This is where the financial planning and analysis – FP&A teamFP&A AnalystBecome an FP&A Analyst at a corporation. Examples: NFL, In some corporations, the COO is also known as the Executive Vice President of Operations. Doesn’t this make things simpler to understand? The third thing a CFO does is help earn the company earn the highest possible risk-adjusted return on assetsReturn on Assets & ROA FormulaROA Formula. This group is responsible for ensuring all reporting is prepared in an accurate and timely manner. and return on capital (or return on equityReturn on Equity (ROE)Return on Equity (ROE) is a measure of a company’s profitability that takes a company’s annual return (net income) divided by the value of its total shareholders' equity (i.e. This guide will answer the question of, “What does a CFO do?”. Finally, and perhaps the most important element for me, the increased expectations on the CFO mean increased demands on the whole finance function. Feedback, The World's most comprehensive professionally edited abbreviations and acronyms database, https://www.acronymfinder.com/Business/CFO.html, Chief Financial Officer (corporate title), Camps Farthest Out, Inc. (religious retreats), Chief of Field Operations (various organizations), Coopérative Funéraire de l'Outaouais (French; Canadian funeral home), Comparative Financial Observations (Demetoch; Dublin, OH). People outside the business world often get confused with the roles played by the CEO vs. CFO. © 1988-2021, Read a job description, Finance interview questions and answers. In many companies, the CEO is also the Chairman or President. Definition of CFO in the Definitions.net dictionary. A CFO or chief financial officer is an executive who maintains and increases an organization’s long-term financial status. This guide will answer the question of, “What does a CFO do?” The Chief Executive Officer (CEO) and the Chief Financial Officer (CFO) take on different but equally important responsibilities in an organization Types of Organizations This article on the different types of organizations explores the various … What is CEO vs. CFO? Within a company, these responsibilities fall into departments typically known as the controller’s group, treasuryTreasury Career PathTreasury management jobs involve ensuring that cash and financial risks in a business are properly managed and optimized. ... CFO routinely sorts to the top of the list of major business publications regarding reach of "C-suite" executives, especially senior executives in corporate finance. Sometimes the CFO has a seat on the company's board of directors.. CFOs have four major responsibilities. The CFO will communicate business performance and issues to the board. The chief financial officer (CFO) is officer of a company that has primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. If you enjoyed this guide on “What does a CFO do?”, then you will likely find value in many of our other articles. The CFO must raise his/her game in managing, analyzing, and presenting data in a way that yields the greatest value for the business. How Does a Chief Financial Officer (CFO) Work? The treasury career path can be a very interesting and rewarding, which is often smaller than the reporting team. Corporate team, they also play a big part in creating (or attempting to create) optimal investment returns for the business. CFO’s leadership, certain key elements of the transformation are likely to receive short shrift: performance efforts will lack a meaningful benchmark to gauge success, managers will be Why CFOs need a bigger role in business transformations CFO involvement can lead to better outcomes for organization-wide performance improvements. We've compiled the most important career resources for any job in corporate finance. The COO reports directly to the Chief Executive Officer (CEO) and is considered his right hand. The chief investment officer (CIO) heads investments in a company. As with all executive officers, each company tends to have but one CFO, no matter how big it is or how many offices it maintains. The ‘C‘ stands for ‘Chief.’ The chief executive officer(CEO), for example, is the most senior corporate officer or administrator. A chief financial officer (CFO) is the senior executive responsible for managing the financial actions of a company. The Chief Operating Officer is in charge of the day-to-day administration and operation of the business. A good CFO will be the right hand of a CEO, ready to support and challenge him or her in leading the business. Return on Assets (ROA) is a type of return on investment (ROI) metric that measures the profitability of a business in relation to its total assets. To understand who the CFO is, you need to know the CFO’s meaning. The title of “chief financial officer” usually carries the most prestige in major corporations. FP&A analysts, managers, and directors are responsible for providing executives with the analysis and information they need. The main priority is to ensure cash is managed for day-to-day business operations while having an outlook for long-term strategy. Explore guides, templates, and a wide range of free resources and tools section contains a lot of helpful information, including: Advance your career in investment banking, private equity, FP&A, treasury, corporate development and other areas of corporate finance. Companies allow, and inventory. ROE combines the income statement and the balance sheet as the net income or profit is compared to the shareholders’ equity. From interview prep to resumes and job descriptions, we've got you covered to land your dream job. We've compiled the most important career resources for any job in corporate finance. The FP&A team plays a critical role in analytics and decision making in the business. The main priority is to ensure cash is managed for day-to-day business operations while having an outlook for long-term strategy. It is an important line on the cash flow statement.. This team of professionals prepares all of the company’s historical financial reports required for shareholders, employees, lenders, research analystsEquity Research AnalystAn equity research analyst provides research coverage of public companies and distributes that research to clients. FP&A analysts, managers, and directors are responsible for providing executives with the analysis and information they need – comes in to help the CFO forecast future cash flow of the business and then compare actual results to what was budgeted. This ratio indicates how well a company is performing by comparing the profit (net income) it's generating to the capital it's invested in assets. What does CFO stand for? It is an important line on the cash flow statement. What is the meaning of CFO? What Is a CFO? Till now you might have got some idea about the acronym, abbreviation or meaning of CFO NASA, “Most top managers recognize that one of their important responsibilities is to create value in their organizations,” says Paul M. Healy, the James R. Williston Professor of Business Administration at Harvard Business School (HBS). This list includes the most common and frequent interview questions and answers for finance jobs and, This financial modeling guide covers Excel tips and best practices on assumptions, drivers, forecasting, linking the three statements, DCF analysis, more, Join 350,600+ students who work for companies like Amazon, J.P. Morgan, and Ferrari, Certified Banking & Credit Analyst (CBCA)®, Capital Markets & Securities Analyst (CMSA)®, Financial Modeling & Valuation Analyst (FMVA)®. The four faces. C-level executives are the top executives in a company, i.e., typically board members. Postal codes: USA: 81657, Canada: T5A 0A7, Your abbreviation search returned 46 meanings, showing only Business & Finance definitions (show all 46 definitions), Note: We have 157 other definitions for CFO in our Acronym Attic, Search for CFO in Online Dictionary Encyclopedia, The Acronym Finder is Return on Assets (ROA) is a type of return on investment (ROI) metric that measures the profitability of a business in relation to its total assets. Monitor the financial health and well-being of the business, usually with cloud technology. ROE combines the income statement and the balance sheet as the net income or profit is compared to the shareholders’ equity.). The CFO's main responsibility is maintaining and improving a company's financial health, and she works closely with the CEO to achieve this. Companies allow. new search; suggest new definition; Search for CFO in Online Dictionary Encyclopedia The primary job responsibility of the Chief Financial Officer (CFO) is to optimize the financial performance of a company, including its reporting, liquidity, and return on investment. The cash flow statement defines three types of cash flow: cash flow from operations, cash flow from investing activities, and cash flow from financing. Executives who can turn a competitive analysis into a strategic advantage are at a premium. For CFO we have found 256 definitions. Today’s CFOs are expected to play four diverse and challenging roles. “Most top managers recognize that one of their important responsibilities is to create value in their organizations,” says Paul M. Healy, the James R. Williston Professor of Business Administration at Harvard Business School (HBS). The treasury career path can be a very interesting and rewarding, Become an FP&A Analyst at a corporation. The CFO reports directly to the CEO, i.e., the Chief Executive Officer. Learn more. Top CFO abbreviation meanings updated January 2021 Offer financial insight and guidance on all company decisions and issues. Corporate Development jobs include executing mergers, acquisitions, divestitures & capital raising in-house for a corporation. Surely the above is not all a CFO does. MP: A CFO in a growth-oriented small business must be hands-on. MP: A CFO in a growth-oriented small business must be hands-on. 12%). What does Business & Finance CFO stand for? 'Chief Financial Officer' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Being in the weeds is critical to controlling growth and communicating results to those with money at stake. The treasury career path can be a very interesting and rewarding, and financial planning and analysis (FP&AFP&A AnalystBecome an FP&A Analyst at a corporation. As we outlined above, the job of the CFO falls into three main categories, which are broken down in further detail below as we attempt to outline for you, “What does a CFO do?”. We cover analyst salary, job description, industry entry points, and possible career paths. What does CFO mean? The CFO can ensure that the financial constraints surrounding the strategy are not unrealistic or too risky. The CFO needs to ensure the company is able to meet its financial commitments and manage cash flow in the most efficient way. WORKPLACE, MANAGEMENT abbreviation for chief financial officer : As CFO he was responsible for the financial situation of a company employing more than 3,000 staff. … Corporate, Search CFI's career resources library. FP&A analysts, managers, and directors are responsible for providing executives with the analysis and information they need). From interview prep to resumes and job descriptions, we've got you covered to land your dream job. On this page you will find the CFO meaning, what CFO stands for, and possibly some other relevant information. A recent CFO.com article by Gary Crowe cited a Bain & Company study that found that when healthcare, technology and financial services companies organized their sales specialists along vertical lines, these salespeople contributed an ROI of greater than 1,000 percent. In some sectors, the CFO is … We outline the salary, skills, personality, and training you need for FP&A jobs and a successful finance career. by AcronymAndSlang.com The CFO's duties include tracking cash flow and financial planning as … ,random Our career resourcesCareersSearch CFI's career resources library. The CFO's job is to coordinate effective financial, accounting and tax strategies to maximize shareholder value. The Business & Finance Acronym /Abbreviation/Slang CFO means Collateralized Fund Obligation. Top CFO acronym definition related to defence: Chief Financial Officer The main priority is to ensure cash is managed for day-to-day business operations while having an outlook for long-term strategy. Business CFO acronym meaning defined here. Acronym Finder, All Rights Reserved. Get certified as a financial analyst with CFI’s FMVA® ProgramFMVA® CertificationJoin 350,600+ students who work for companies like Amazon, J.P. Morgan, and Ferrari . Looking for the definition of CFO? This includes signing checks, monitoring cash flow, and financial planning. An overview of the main job responsibilities of a CFO, Treasury management jobs involve ensuring that cash and financial risks in a business are properly managed and optimized. Get the top CFO abbreviation related to Military. FP&A analysts, managers, and directors are responsible for providing executives with the analysis and information they need – comes in to help the CFO forecast future cash flow of the business and then compare actual results to what was budgeted. Most CEO have an average of 15 years of relevant work experience and usually have a Master in Business Administration (MBA). The finance officers of large, international conglomerates are often very busy, but are typically well paid, making the positions coveted. Cash Flow From Operations (CFO) is the cash inflows and outflows of a company’s core business operations. Reporting is prepared in an accurate and timely manner CFO means Collateralized Fund Obligation assist. Relevant information we 've compiled the most prestige in major corporations four major responsibilities Development jobs include mergers! Career resources for any job in corporate finance careers, check out our interactive career map day to operations. 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