What does a CFO do?
Chief financial officers are top-level company executives who are responsible for overseeing the organization’s financial operations. They create and implement annual budgets and spending plans. They establish and enforce official policies and procedures, and ensure that all financial matters are conducted in compliance with applicable standards and regulations. They supervise financial record-keeping and documentation management systems to safeguard the security and integrity of sensitive financial information and data. They may also guide long-term investment strategies.
Chief financial officers commonly have at least a bachelor’s degree in business or accounting, although an MBA or other advanced degree is often preferred. They commonly have a CPA license. They have an extensive background in accounting, banking, or financial management. These roles require strong leadership skills and solid strategic planning capabilities.
Average Base Pay
CFO Career Path
Learn how to become a CFO, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
“Ascent CFO is a great team and I love the collaborative nature of working with others in the same capacity.”
“It has provided me with so many opportunities to grow and I have felt supported along the way.”
“Any candidate joining the team would get a good learning opportunity along with a good career”
“It is an unfortunate reality I worked there but thankfully it was a very short time.”
“The owners takes care of the employees better than any other I have worked for.”
“Our board is incredibly supportive of what we are doing and they represent some of the best VC firms in Silicon Valley.”
“Good and stable place to work”
“You meet so many educated people of color and it really opens your eyes to our endless possibilities.”
Frequently asked questions about the role and responsibilities of a cfo
- Chief Operating Officer
- Senior Leadership