CFO Differences In Different Regions

　 CFO in the US

CFO guides shareholder value creation. arrange The salary structure of the company is designed and linked to the new performance appraisal indicators, especially the stock price, which is very obvious in the US. Compared with CFO in Asia and Europe, CFO in the United States believes that the most important technology of financial personnel is the ability to solve problems and creativity. This means that human factors are the key to success.

CFO in Europe

Based on the actual situation in different European countries, the goal of CFO in Europe is different. For example, because European ownership structure is made up of institutional investors, family, government, business and financial partners, CFO is responsible for major business transactions, and financial control is usually reported directly to CEO. They are more concerned about the interests of stakeholders, especially Labour Union And ILO. However, compared with CFO in the US and Asia, they placed marginal profits in the first place and reduced the number of departments and pipelined reports to the top of cost reduction. Finally, compared with Asian and American counterparts, they will spend a lot of time in accounting and control over the next three years or on their CEO.

CFO in Asia

CFO in Asia pays more attention to profits. market Customer group, product), improve production and operation efficiency. CFO in Asia tends to think that profit is the most important cash flow of shareholder value, because financing is the biggest challenge in mergers and acquisitions. The work of CFO in Asia is more focused on dealing with all kinds of information at the company level and putting the outdated financial system in the first place. Asia CFO emphasizes cross-cultural differences. However, in a large number of strategic management teams in Japan and Southeast Asia, the goal of CFO is still traditional and technical.