The rapid rise in importance of the role of the chief financial officerOCofrom back-office accountant to front-line executiveOCois unrivaled by that of any other corporate position. With access to every facet of the business, CFOs now wield a level of influence matched only by chief executives. This book explains how CFOs earned their privileged status, and what the future may hold for them. It describes their ever-expanding role, and how they are reshaping their departments to help them deal with that transformation. Insights from current and former CFOs provide a first-hand perspective on finance leaders' aspirations and doubts. It is a useful reference for finance chiefs seeking to learn from peers and benchmark their own performance; for those looking to build a career in the C-Suite; for managers seeking to improve their relationship with the finance department; for service providers?banks, accountancies and consulting firmsOCoand anyone else who wants to get on the good side of the keeper of the corporate checkbook. q... external executive appointments at leading US companiesa % a Fortune 500 and Saamp;P 500 firms (668 total in 2013). ... At FTSE 100 companies in the UK, finance chiefs made around $2.5m, on average. ... Italso typically features alarger fixed salary component, whereas on average only around a quarter of pay packagesanbsp;...
|Title||:||The Economist: The Chief Financial Officer|
|Publisher||:||Perseus Books Group - 2014-04-08|