Analysis Of Company'S Basic Requirements For CFO

As the chief financial officer of a company, the chief financial officer owns the functions that the owner gives to the company to supervise and control the company's financial affairs. It also helps the managers (general managers) to participate in the management and management functions, and also has the functions of safeguarding the public's interests. The position of the company's chief financial officer is very special, so he can report the work to the board of directors and general manager at the same time, and accept the supervision from both sides and from the society.

For any company's human resources, professional ethics is the first factor to be taken into consideration by the selection and employment. In particular, it represents the company's shareholders' participation in the supervision of the company's financial affairs, and also with the company's managers participating in the company's financial management.

Although there is no uniform professional ethics for the company's chief financial officer, the general company's requirements for the professional ethics of the chief financial officer are as follows:

Many of the management work of the company is carried out around the company's finance. The good or bad of the company's financial management determines the level of the management of the company to a great extent, and determines the survival and development of the company.

As the most responsible person in the company's financial affairs, the chief financial officer has an inescapable responsibility for the improvement and efficient operation of the company's financial system.

He should not only be able to lead the company's financial management team to carry out financial accounting and control, planning, forecasting.

In addition, it should be able to find new value growth points for the company and bear the responsibility for the survival and development of the company. The company's financial management is an important part of the company's internal management. The various external reports produced are also the window for the public to understand and evaluate the company. They have the responsibility of maximizing the interests of the company to maintain the company's interests, enhancing the public's credibility to the company's financial situation and maintaining the company's social image. Therefore, the chief financial officer must consider the company's own interests while ensuring that the company complies with industry standards and regulations, so as to ensure that the company can not infringe upon the interests of the public, which requires the company's chief financial officer, thldl.org.cn, to have a higher level of interest.

It has a high sense of responsibility and sense of mission for the company and society. It can not infringe on the interests of the public for the sake of the interests of the small group, nor harm the interests of the company in order to please the public. It must strictly abide by the company's commercial secrets and not use the company's confidential information to seek illegitimate interests for itself and others.

The company's financial management is in a dilemma. In this dilemma, the company's chief financial officer should adhere to an independent, objective and fair work attitude. He should be impartial and independent in his financial management activities. He must maintain his independent spirit and will. He should take the objective facts as the basis for investigating, judging and expressing opinions on the matters concerned. He is not subject to the subjective wishes of the individual, his personal likes and dislikes and his superiors' opinions. He treats the statements and various interests related impartiality, impartiality and integrity, and adherts to the principles. He should promptly point out and correct the problems that discover the violation of the state system and norms and damage the interests of the company, the society, the public and the relevant interests. The company's chief financial officer is appointed by the board of directors to supervise the company's financial operations and directly participate in the daily financial management of the company, which makes the chief financial officer in charge.

There are a lot of business risks and investment risks in the production and operation of the company. Most of these risks are reflected in the company's financial affairs. The chief financial officer has two important responsibilities: one is to improve the efficiency of the company's assets and the other is to guard against the occurrence of company risks.

In the process of controlling the company's financial management, the chief financial officer is not only to improve the operation efficiency of the company but also to carry out the financial operation and control of the operation process.

To avoid the risk of a company, a strong sense of risk is one of the essential requirements of the company's chief financial officer.

The reason why a company's financial controller is called a high starting and demanding occupation is that the complexity of its work is high. Financial planning, forecasting and decision making need a large number of objective historical data and development rules. A negligence may bring irreparable losses to the company. Every process of financial management should be based on sufficient and appropriate evidence. Without rigorous work style, it is difficult to obtain objective and real data, which may bring immeasurable economic losses to the company's business decisions.