Correspondingly, what are CFO responsibilities?
A chief financial officer (CFO) is the senior executive responsible for managing the financial actions of a company. The CFO's duties include tracking cash flow and financial planning as well as analyzing the company's financial strengths and weaknesses and proposing corrective actions.
One may also ask, is CEO or CFO higher?
The chief executive officer is the highest-ranking overall position in the entire company, while the chief financial officer is the highest-ranking financial position. The CFO reports directly to the CEO.
What is CFO of a company?
The Chief Financial Officer (CFO) of a company has primary responsibility for the planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting and negotiations.
Is a VP higher than a CFO?
Typically, senior managers are "higher" than vice presidents, although many times a senior officer may also hold a vice president title, such as executive vice president and chief financial officer (CFO). This ensures a distinction between management by the executive board and governance by the supervisory board.