What is a Chief Financial Officer (CFO)?
An executive officer responsible for handling funds, signing checks, keeping financial records, and making long term financial plans for a corporation, in large corporations the CFO is typically one of the vice presidents. In smaller companies, the Treasurer or Controller may serve as the de facto CFO.
As the chief accountant for the firm or organization, the CFO institutes and operates a system of accounts and external financial reports, preparing and filing tax returns, countersigning checks, and preparing and implementing the budget.
Internal cost accounting, data processing systems and procedures, acquisitions analysis, and financial planning, internal audit responsibilities and the receipt, custody, investment, and disbursement of corporate funds are all essential functions that require an experienced accountant to keep your growing business profitable.
Why would I consider a virtual CFO?
Many small businesses cannot afford their own full time financial officer. This work gets left to the owner, who usually works longer hours than any of their employees! The “tyranny of the urgent” often pushes these financial tasks deeper and deeper down the busy entrepreneur’s to-do list.
I would be honored to serve as your part-time CFO. I enjoy helping businesses succeed. You’ll get the benefits of my experience without adding the expense of a full-time salary. To learn more just call the office (503-873-3663) or send me an email.