Key CFO Responsibilities in the New Year

(from FEI Daily) Some responsibilities are new and extremely important to a CFO’s role now, such as meeting diversity requirements and planning for ESG disclosures. Three other priorities are: 

• Risk management: CFOs are being asked to peek around every corner and to be more cautious, and strategic, in decision making, as they were following the 2008 recession.
• Modernizing technology: A recent study found that 63% of finance executives are making more use of cloud-based planning and reporting tools vs. pre-pandemic. 
• Being agile: CFO roles are not revolutionizing, they’re evolving.
  

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