The Chief Financial Officer or CFO must have a strong set of hard skills – technical and analytical competence – and soft skills, such as strategic communication, commercial, interpersonal, and managerial competence. The title represents a functional position that supports the business, and for which knowledge and experience of the industry is critically important. Nowadays, companies demand a more aggressive profile that works in project cycles of 4-5 years, consistently implementing changes and achieving results.
In this report, we will analyse the position from the perspective of the CFOs as they see themselves, the organisational schemes in listed and unlisted companies, and the factors that affect the remuneration of a CFO.
The Financial Department is a strategic area. A CFO’s remuneration level varies according to the complexity and size of the company, ranging from 90,000 Euros for small companies to over 400,000 Euros for listed companies.
Please refer to the attached presentation for a comprehensive profile of a successful CFO, including information on:
- HOW CFOs PRESENT THEMSELVES
- WHAT DO COMPANIES DEMAND FROM THEIR CFOs
- THE CFO IN A LARGE CORPORATION
- THE ORGANISATIONAL STRUCTURE OF THE FINANCIAL DEPARTMENT
- RELEVANCE OF THE SECTORIAL BACKGROUND
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