Handle all money matters for a company as one of its top-level executives.
What does a CFO do?
You’re a numbers person. Voted most likely to succeed, you’re also whip-smart, ethical and ambitious. You’ll likely start your corporate career in the accounting or finance department of an esteemed company. But you won’t stop there. You aspire to make it all the way to the top – Chief Financial Officer.
The Chief Financial Officer, or CFO, monitors the entirety of a company’s cash flow. From authorizing checks to quarterly budget planning, as CFO you are ultimately responsible for every monetary detail. Be prepared to keep meticulous records. You might have a seat on the company’s board of Directors, and you will advise them on the best ways to use financial resources, invest profits and make the corporation’s dollars stretch further.
It is also your job to analyze sales and accurately project your company’s financial state. After all, with no money to pay employees, rent and to provide goods and services, the company will go out of business. This means the CFO needs to think in both the short term and the long term, as in spending more money now might make sense if it means the company will profit handsomely later.
Another big part of your job will also be to ensure your corporation is in compliance with government laws concerning financial and tax reporting. To do this, you’ll head internal reporting committees and keep up-to-date on the most current requirements as they hit the books
This is way more complex than your role as student body Treasurer. But you enjoy the responsibility because you’re a natural leader and a creative financial strategist.