Chief Financial Officer CFO Corporate Accounting

Chief Financial Officer CFO Job Description

CFOs must have strong analytical, strategic-planning, operational and communication skills, including an ability to work well with the CEO, board members and other senior executives. CFOs typically have at least 10 years of experience in accounting or finance, including a minimum of five years in a management role. Many companies prefer candidates who possess advanced credentials such as an MBA, CPA, CGMA or CMA. Professionals should possess knowledge of all aspects of GAAP. Public companies also require experience with SEC reporting. Public accounting experience is highly valued. Candidates for CFO should have held positions of increasing responsibility within accounting and finance, such as director of finance, director of accounting or controller.

Typical chief financial officer duties:

Providing strategic management of the accounting and finance functionsDirecting accounting policies, procedures and internal controlsRecommending improvements to ensure the integrity of a company’s financial informationManaging or overseeing the relationship with independent auditorsCollaborating with chief information officers on technology decisionsOverseeing financial systems implementations and upgradesManaging relationships with investors and investment institutionsIdentifying and managing business risks and insurance requirementsHiring, training and retaining accounting and finance staff

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3M
ADP - Financial Services
Accounting Functions
Accounting Software Systems
Auditing
Budget Processes
C-Suite
CRM
CapEx
Capital Management
Salary for Chief Financial Officer CFO Corporate Accounting
176500 - 300750
25th percentile
176500
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
265000
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
300750
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Vice President of Finance 143750 203750 246500 Corporate Controller 111000 160250 210750 Divisional Controller 107750 154250 174000 Assistant Controller 81250 119000 138500 Director of Finance 121750 165000 178500 Director of Accounting 118000 160500 176500 Treasurer 131750 209500 241250 Assistant Treasurer 76750 104000 121000 Director of Financial Reporting 122500 154000 177000 Financial Project Manager 106000 134750 163500 Forensic Accountant 83250 103750 119750 Property Accountant 66750 76500 92000 Plant Controller 102000 117250 127500 Procurement Manager 79500 109000 121750 Procurement Specialist 45000 57500 70000

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