Ensure your organization establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer service strategies; designing systems; accumulating resources; resolving problems; implementing change.

More Uses of the Chief Financial Officer Toolkit:

  • Create, manage and implement Wildly Ambitious Goals for each annual upcoming year and throughout the year.
  • Govern: chief executive officers, Chief Financial Officer, corporate accounting team, corporate human resources team, property owners and other stakeholders, and vendors and clients.
  • Manage the corporate finance strategy by raising appropriate levels of debt and equity to meet growth requirements while maintaining an optimized capital structure.
  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.
  • Manage work with Chief Financial Officer (CFO) to estimate project budget, create timelines of technical deliverables.
  • Develop, in collaboration with the CEO and the Chief Financial Officer (the CFO), an annual operating plan that supports your organizations long term operations strategy.
  • Ensure that the finance organization is structured and sized, so as to be optimally aligned to the needs of the business.
  • Establish that your business provides oversight of the activities the Office of the Chief Financial Officer, the Office of Human Resources, Information and Technology Services, and the Office of Administration.
  • Head: when a difficult or complex problem emerges in finance, you take it on happily and personally see it through to complete resolution.
  • Arrange that your project oversees the accounts payable system, ensuring proper payment and compliance with Center policy for purchasing, management of fixed assets, and record keeping.
  • Organize: review and modifies department, service line and total system budgets with administration, management and the Chief Financial Officer.
  • Ensure your organization has a functional and actionable budget and economic model that drive the financial decisions at every level of your organization.
  • Collaborate with production management and Chief Financial Officer to establish processes for inventory management and risk mitigation in materials control receiving processes.
  • Warrant that your operation oversees the management of receivables by monitoring and reporting on collections and insurance billing.
  • Pilot: continuously assess the finance organization and its practices to ensure that the team and its processes evolve to suit the business as it grows and matures.
  • Provide strategic financial input and leadership on decision making issues affecting your organization.
  • Manage: review and ensure application of appropriate internal controls, GAAP compliance and financial procedures.
  • Provide financial reporting consistent with the product/service supply chain model utilized by your organization.
  • Establish policies and procedures to help maximize cash management and improve bottom line profitability.
  • Prepare and review executive level finance reports on a monthly basis to be reported to your executive team, founders, and advisory board.
  • Secure that your project develops and implements plans for the operational infrastructure of systems, processes, and talent to meet your organizations.
  • Serve as a key point of contact for external auditors; manage preparation and support of all external audits.
  • Confirm your strategy ensures the accounting records are maintained in accordance with acceptable accounting principles and all applicable statutes, regulations, and contractual obligations.
  • Develop performance measures and monitoring systems that support your organizations strategic direction.
  • Generate qualified leads for future engagements by networking with other professional trusted advisors.
  • Meet with the client regularly to review in detail the monthly reporting package and the forecast.
  • Be accountable for managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.
  • Streamline and automate finance and accounting via numerous methods, as software adoption and integration, and ERP implementation.
  • Initiate: work closely with the Controller and Chief Financial Officer, provides guidance in the development and deployment of best contract risk management practices.
  • Govern: work closely with the Chief Financial Officer to develop and manage a healthy financial product portfolio for long term financial.

 

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