Details

  • Service: Advisory
  • Industry: Financial Services, Industrial Markets, Consumer Markets, Information, Communication and Entertainment, Infrastructure, Government and Healthcare
  • Type: Business and industry issue, KPMG information, Publication series
  • Date: 4/4/2011

CFO roles and profiles 

No matter how bad it is to be beaten by the competition, it is even worse to be defeated by your company’s internal problems. Issues related to CFO roles and profiles may often be the cause of them.
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Typical signs of such problems:

  • High turnover among CFOs and finance department staff;
  • Inaccurate reports with missing, wrong or confusing figures;
  • Problems with tax authorities or auditors;
  • Low productivity of financial departments;
  • Poor level of digitalisation and automatic workflows;
  • Problems with overhead costs;
  • Missed opportunities for expansion;
  • Huge debtor risk;
  • Weak project management.