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Definition: a Chief Financial Officer is the person end responsible for the financial management of a corporation, including: annual reports, important financial transactions, long-term financial plans and budgets, capital raising, analyzing and reviewing financial data, internal reporting on corporate performance, and monitoring expenditures and costs.
Increasingly CFOs are also involved in finding and assessing new value creation opportunities, mergers and acquisitions, overseeing treasury, and risk management.
The CFO presents above information to the Board of Directors, shareholders and regulatory bodies at regular intervals.
Reports to the Chief Executive Officer.