Strategic Requirements For The Chief Financial Officer

If one Finance The director only has the above three abilities. He may only be a good financial manager or financial supervisor, and has less requirements than the chief financial officer. In addition to dealing with daily financial control and coordinating financial relationship, the chief financial officer of the company also has the most important thing to take part in the formulation of the enterprise strategy, and to formulate a financial strategy to serve the enterprise strategy according to the needs of the enterprise strategy, and to lead the enterprise's financial work strategically and integrate the enterprise with resources.

The chief financial officer's strategic capability is mainly manifested in the following three aspects:

1. Strategic analysis capability

Everything has its own development. Oneself Qualitative change is the product of quantitative change to a certain degree. As a financial controller, it should have the ability to analyze its regularity from the past financial data and the process of social development and change, and analyze the opportunities and challenges provided by the survival and development of enterprises from the internal and external environment of enterprises. It is concluded that those enterprises are different from their competitors and accepted by the market, which can provide core competitiveness for enterprises to continuously increase their value. On this basis, we formulate financial strategies that are suitable for strategic needs, so as to rationally allocate enterprise resources, promote the realization of the overall strategy of enterprises and maximize the value of enterprises.

2, strategic choice ability

All roads lead to Rome. enterprise After the strategy is confirmed, there may be many ways to realize the strategy. How to choose a most suitable enterprise plan in a variety of schemes is often a problem of being a thorn before the chief financial officer. The chief financial officer should have a better strategic choice ability. He should make use of his professional knowledge and experience to choose a strategic realization road for the enterprise with less resources, low risk and easy operation and control.

3, strategic control capability

When the strategy is determined, how to better implement the selected plan after implementation, the strategic control becomes the key. The CFO should be able to adjust the organizational structure according to the strategic requirements, straighten out the corresponding command relations, establish various management systems suitable for the strategic implementation needs, rationally use and control various strategic resources, coordinate and deal with the conflicts and contradictions brought about by all kinds of activities and activities during the implementation of the strategy, maximize the utilization efficiency of the enterprise resources, and ensure the comprehensive realization of the enterprise strategy.

With the development of social science and technology, the competition between enterprises is becoming more and more complex. The requirements for the chief financial officer are getting higher and higher. Colleagues who are interested in the work of the chief financial officer should be eager to learn and practice, and strive to improve their responsibility to adapt to the rapidly developing society.