Guide For New CFOs to be Successful - Tips Directly From Experienced CFOs
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- Опубліковано 7 чер 2024
- In this Finance Fireside Chat, John Baule, FutureView Systems CEO and a seasoned CFO, is joined by Brad Schomber, Spoonflower CFO, to discuss the CFO role and best practices. Watch as Brad and John reveal the things a new CFO must do to set themselves and the business up for success, how accounting and financial planning and analysis (FP&A) work in tandem as well as how to approach forecasting at a growing company.
FutureView Systems provides accounting and FP&A software solutions and services created by Finance professionals, for Finance professionals. Our CFO tools are tailored to your finance team's needs, and are easy to implement and use.
Visit our website to learn more about FutureView Systems:
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0:00 - How the CFO drives strategic conversations
3:21 - How to work with the management and finance team in tandem
5:10 - CFO best practices dealing with a board
7:39 - Preparing for an IPO
10:20 - Forecasting, financial planning and analysis
11:18 - Leveraging automations and FP&A software
#CFO #finance #controller #forecasting #financialanalysis
Awesome content! Thank you for sharing!
We need more of these! Thank you!
More to come, stay tuned!
Extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.
Love these conversations
We are so glad that you find them insightful!
this is a great conversation
So glad you enjoyed it!
Do you ever think of it as preventive maintenance? Do you feel like you have to foresee problems and even sucesses?
So when acquiring a new business how far back into financial reports do you dive and do you just adapt that compant to your company's existing financial structure or do you take that information and create a new structure?
You would want to evaluate on a case by case basis, but the key is to measure consistently. If you need to alter the structure to accommodate evolving business circumstances, that is certainly an option.
What are some Finance dept KPIs?
Timeliness in submission
Not only the timeline, these includes more. Creative ways, quality reports, quality decision,...