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Tag: cfo

CEOs Want a Wingman

As part of my research on leadership for our Coaching Workshops, I met with several Houston-area entrepreneurs to determine what a CEO wants in a CFO.  One of the last people I met with made a comment that I felt summed up all the things the CEOs were looking for.  He said he was basically looking for

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The Evolving CFO

There’s a Houston Business Journal recently entitled “The evolving CFO: How the rise of the machines turned CFOs from number-crunchers into leaders”. In the article, the HBJ interviewed leading Houston-area CFOs about how their changing roles. Technological advances in finance and accounting are dramatically shifting and creating the evolving CFO. The Evolving CFO One of the

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Select Your Commercial Insurance Broker

See Also: How to Avoid Additional Insurance Premiums Rising Health Insurance Costs Evaluating and Renewing Employee Health Insurance Plan Risk Premium Service Department Costs Select Your Commercial Insurance Broker Often times, the CFO of a company has the responsibility for making the decisions regarding the commercial insurance coverages for their company. Normally, this is an

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How to Hire a CFO Controller

How to Hire a CFO Controller When you need to hire a CFO Controller, there are a few steps that you need to take prior to the actually hiring. Start the ad placement process by first asking yourself a few questions about your company. How does the company describe itself, its culture and industry space? What

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Controller vs CFO

See also: Do you hire a CFO or a Controller? The Role of a CFO Controller vs Comptroller Chief Financial Officer (CFO) Controller Duties Controller vs CFO In order to fully understand the relationship between a Financial Controller vs a Chief Financial Officer (CFO), one needs to understand what the responsibilities of each are. The

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Controller Definition

See also: How to Develop a Controller How to Hire a CFO Controller Business Risk Control Account Term Loan Separation Of Duties Controller Definition A company controller, defined as the lead auditor and accountant in a company, is an extremely powerful role. Company controllers are in charge with all important accounting measures: policy, procedures, changes,

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Chief Financial Officer (CFO)

See Also: American Institute of Certified Public Accountants – AICPA Accounting Fraud Prevention using QuickBooks Advisory Board Best Practices Are You Collecting the Data You Need to Run Your Business? How to avoid additional insurance premiums Chief Financial Officer (CFO) Definition The CFO, Chief Financial Officer, is the head of strategic accounting and finance functions

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Houston Business Journal CFO of the Year Awards

The Houston Business Journal just announced the finalists for its CFO of the Year award for 2013. The award recognizes the area’s “fearless financial strategists who provide guidance and sound advice to CEOs and directors.” CFO of the Year Nominations The HBJ received more than 60 nominations for the prestigious CFO of the Year award.

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Every Leader Needs a Coach

Every leader needs a coach. This person is someone who has helped you develop your individual skills, knowledge, and ability to better perform your job or given task. But no matter the profession, be it billionaire business owners, world famous athletes to the little league sports player, they are able to pinpoint a particular person

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Growth in 2013

There is going to be growth in 2013. I recently read an interesting article highlighting a survey conducted by American Express. It indicates that despite the current climate of economic uncertainty, CFOs are looking to invest to drive growth. The economic uncertainty refers to the recent threat of the fiscal cliff and sluggish economic growth. In

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WSJ Highlights Being a “Strategic CFO”

The Wall Street Journal published an article today highlighting the need for more CFO’s to be strategic in their view of both their role and the results expected of them. The WSJ has three main requirements for a CFO to be a “Strategic CFO“. Strategic CFO First, the CFO should be forward thinking not just

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Don’t Be A CFnO!

I once had a client who called his CFO a CFnO. He had had five CFOs in a seven-year period. He felt frustrated as they were always telling him why he couldn’t achieve the sales growth he wanted rather than helping him get there. As a result, he saw them more as an obstacle and

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