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Modernising the Finance Department's Role

The new CFO has arrived in his most recently updated version. His job has evolved considerably over the last few years because of fundamental changes in the environment in which he operates.

After spending a huge amount of time on compliance, he is now being asked to improve the organisation’s performance. He is being asked to be transparent, multi-skilled, efficient, proactive and a visionary. This is a very wide-ranging job description which this article sets out to illustrate.

Key Points

  • Parallel evolution
  • Challenges faced by today's CFO
  • Future challenges and obstacles
  • New missions to adopt
  • Adapting to survive

 

Written by

François Masquelier
Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate Treasurers
RTL Group

Corporate Finance Series (16 articles)

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