The change is real. A decade ago, financial planning and accounting, operating margins, risk management, tax, audits, reporting, and regulatory compliance topped the list of priorities for CFOs. Now, as a strategic advisor to the CEO, the CFO must own a far greater charter.
As stewards of the enterprise, they must guide the company on financial responsibilities, trust, ethics, compliance, and purpose-fuelled business strategies. As the corporate leaders with the greatest visibility into performance, efficiency, optimization, and new opportunities, finance chiefs now assume greater responsibility for digital transformation initiatives, analyzing and nurturing innovation, and enabling a culture of data science-led decision making.