What is the CFO responsible for?

The chief financial officer is responsible for: reviewing accounting statements, analyzing the economic activities of enterprises, organizing the preparation of enterprise financial budgets and daily inspections, organizing enterprise cost management, reducing enterprise costs and managing enterprise financial systems.

1, audited accounting statements

Accounting is the foundation of enterprise financial management, and the work is very specific and complicated. The chief financial officer's responsibility is mainly to organize accounting, not to do accounting by himself, but to carry out specific accounting operations, mainly to organize the establishment of enterprise accounting system, related accounting and management system, build efficient accounting institutions, bring out a fighting accounting team, and make enterprise accounting conform to national policies and enterprise interests.

2. Analyze the economic activities of enterprises.

Corporate financial reporting is comprehensive, and many financial data are general. It can only comprehensively reflect some operating conditions of enterprises, but many specific economic information contained in it cannot be reflected one by one.

In order to ensure that managers can understand the contents, the chief financial officer should use his own professional knowledge to understand all aspects of business activities, use the professional analysis methods he has learned to comprehensively analyze the economic activities of enterprises, and write a more systematic analysis report that other managers can understand, so as to provide relevant financial information for the top decision makers of enterprises.

3, the organization of enterprise financial budget preparation, daily inspection, etc.

With the expansion of enterprise scale, budget management is becoming more and more important in enterprise management, and so is financial management. For enterprises with a certain scale, financial management is mainly carried out around the financial budget. As the highest organizer of financial management, it is natural for the chief financial officer to organize the preparation of enterprise financial budget.

Of course, the budget is only the beginning of financial management, and the key lies in implementation. How to keep the implementation from deviating from the original plan is very important. Only in this way can we really plan ahead, manage in the process and analyze afterwards. Budget management is an essential thing for the chief financial officer.

4. Organize enterprise cost management to reduce enterprise cost.

In modern economic society, exclusive business is rarely done, and most goods can find the same or similar substitutes in the market. In this case, the quality and cost of products are very important.

In the fierce market competition, the cost largely determines the profit level and fate of enterprises. Cost control is the focus of enterprise financial management, and it is also one of the focuses of enterprise financial director's work. Organizing enterprise cost accounting, carrying out cost management and reducing enterprise expenditure have become things that financial directors must do well.

5, enterprise financial system management

Enterprises are profit-making economic organizations, and their organization and management are common, that is, legalization. It is inevitable for enterprises to replace the rule of man with the rule of law. As an important part of this kind of economic organization and management, the systematization and legalization of financial management are essential.

As the highest organizer and person in charge of enterprise finance, the chief financial officer is the organizer of this legal system construction. Organize the formulation and implementation of the internal financial system of the enterprise, study and implement the relevant laws and regulations of the state on finance, finance and taxation, and conduct a detailed investigation on the implementation of the system to ensure that the enterprise operates according to law.