This CFO job description, crafted by the nation’s top CFO recruiters, outlines the key skills, duties, and responsibilities for the role of chief financial officer. While generic in nature, this CFO job description can be tailored to recruit leaders across several industries, from credit union CFOs to hospital CFOs, tech industry CFOs, and more.
CFO Job Description: About the Employer
This is where you share details about your company and what a CFO applicant can anticipate when it comes to the business’s values, size, goals, and more.
In addition to standard language regarding equal opportunity employment, you can call out any differentiators or value propositions that set your business apart from competitors. Here is some standard language often included as part of the “About Employer” section of a CFO job description.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
What a CFO does can vary in different industries and companies. Still, the CFO role typically encompasses duties pertaining to the financial status, growth, and strategies of an organization.
Detailing those elements, here is a general description of a CFO’s duties and responsibilities:
Develops financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
Accomplishes finance human resource strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counseling, disciplinary, and communication programs; planning, monitoring, appraising, and reviewing job contributions; and planning and reviewing compensation strategies.
Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with organizational objectives.
Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; and implementing change.
Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
Monitors financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
Maximizes return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
Reports financial status by developing forecasts, reporting results, analyzing variances, and developing improvements.
Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
Accomplishes finance and organization mission by completing related results as needed.
Cowen Partners is the nation’s leading CFO search firm, driven to create value for our clients. Read more of our industry-leading retained search resources to see why Cowen Partners is a top CFO search firm, including tax and accounting leadership, in New York City, Chicago, Seattle, Atlanta, Dallas, Los Angeles, and beyond: