How To Become Chief Financial Officer

economictimes.indiatimes.com:

Students can enrol in management courses like BBA and MBA or finance courses at the undergraduate and graduate levels to become a CFO. Many prominent management colleges, including the IIMs and other prestigious schools like MDI Gurgaon, JIMS Rohini, Xavier Institute of Management, IMT Ghaziabad, Amity University, etc., provide these courses. The majority of the time, management entrance exams like the IPU CET, DU JAT, and NMIMS NPAT are used to determine admission to these colleges for undergraduate and postgraduate programmes, respectively.

Chief financial officers (CFOs) are top executives in charge of managing a business's finances. They are typically in charge of handling the business's finances, determining its financial strengths and weaknesses, ensuring that the business remains financially secure and improving the business’s financial position. Examining the financial performance and position of the business and making recommendations for improvement are the most critical tasks for the Chief Financial Officer. Monitoring cash flow and creating a budget for the business are additional duties. The duties of a chief financial officer are similar to those of a controller or treasurer in that they are responsible for managing the accounting and finance divisions and ensuring that the company's financial reporting is accurate and executed efficiently.