Chief financial officer
The CFO must have accurate information about the cash flows and the financial situations in order to take good decisions to the company. There arethree departments that give information to the CFO; the audit, the treasurer and the controller. The audit checks that everything in the company is working well and that all therules are being followed. The treasurer is the one in charge of the cash refunds, the cash flows and all the investments. The controller is the one that manage the financial andexpenses policy, taxes, accounting and control the budget.
The CFO takes decisions about the capital expenditures of the company; he decides in what projects they must investto get a better return. He also decides when the best moment for emissions of new stocks is. He communicates the financial information to the investors so they can be aware ofthe situation of their money. They do the financial analysis of the company and give advice in order to give the most important information.
The chief financial officerestablishes goals of the company and how they are going to achieve them. He reports if the company is performing according the share holders interests. This report also goes to thecorporate government. Having good information helps taking good decisions for the health of the company. He manages the cost control. The analyst report and give recommendations.
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