What Do Vice President (VP) Finance & Chief Financial Officer (CFO)s Do?
Vice presidents of finance and chief financial officers perform very similar job duties. As such, their titles can be interchangeable depending on the size of a given company. When both positions exist in a company, CFOs are generally considered to be more strategically-oriented and forward thinking whereas finance VPs ensure that their respective company's finances are managed appropriately and effectively. However, both positions report to and/or work closely with the president and the CEO of…Read more
- Oversee all financial related matters where depth and scope is relative to the size of the company.
- Create financial plans as defined by the board of directors.
- Direct financing strategies, analysis, forecasting and budget management.
- Direct all aspects of accounting operations such as receivables, payables, payroll and financial reporting.