What is the responsibility of the CFO?

First, the chief financial officer's business responsibilities:

1. Understand the market situation under the current sales strategy.

4. Organize and lead the company in financial management, cost management, budget management, accounting, accounting supervision, audit supervision and inventory control to strengthen the company's economic management and improve economic benefits.

3. Participate in the formulation of the company's annual general budget and quarterly budget adjustment, summarize and review the monthly budget submitted by subordinate departments, and convene and preside over the company's monthly budget analysis and balance meeting.

4 responsible for the organization and implementation of important internal audit activities.

5. Grasp the company's financial status, operating results and capital changes, and report to the general manager and chairman in time.

6. Preside over the formulation of the company's financial management, accounting and accounting supervision, budget management, audit supervision, warehouse management and other systems, organize the implementation and supervise and inspect the implementation after approval.

7. Organize the implementation of relevant national financial laws, regulations, guidelines, policies and systems to ensure the legitimate operation of the company and safeguard shareholders' rights and interests.

⒏ Approve the operation of withdrawing cash from the bank as required.

(9) Be responsible for reviewing and signing the company's budget, financial revenue and expenditure plan, cost plan, credit plan, financial report and final statement, and countersign major business plans, economic contracts and economic agreements involving financial revenue and expenditure.

⒑ Participate in the decision-making and scheme formulation of the company's investment behavior and important business activities, participate in the research and review of major economic contracts or agreements, and participate in the analysis and decision-making of important economic issues.

(1) Do a good job in handling various administrative affairs in the financial system, improve work efficiency and enhance team spirit.

5] Organize the storage and regular filing of documents, materials and records in the financial system.

⒔ Organize confidential work.

5. Contact relevant external departments and institutions on behalf of the company, and maintain good cooperative relations.

Second, the chief financial officer's management responsibilities

1. Organizational construction

(1), participate in the discussion of the organizational structure of the company above division level;

(2) To decide the organizational structure of subordinate departments;

(3) When finding that the post setting or division of work of subordinate departments is unreasonable, it is necessary to point out the problems in time, make adjustments and notify the Human Resources Department.

2. Recruitment, appointment and dismissal

First, the needs of employers

(1), put forward the employment requirements of the directly subordinate positions, write down the job responsibilities and qualifications, and report to the general manager for confirmation;

(2) Confirm the employment requirements (including job responsibilities and qualifications) submitted by direct subordinates and submit them to the General Manager for confirmation.

B. Interview

(1), the initial test of direct subordinate positions;

(2) Re-examine the positions of direct subordinates and make a final determination;

(3) Organize to attend the interview.

C. Handling of unqualified employees

(1), put forward suggestions for unqualified direct subordinates and report them to the general manager for confirmation;

(2) Confirm the suggestions on handling unqualified employees put forward by direct subordinates and submit them to the Human Resources Department.

3. training.

(1), put forward the training plan for direct subordinates and report it to the general manager for confirmation;

(2) Confirm the training plan proposed by the direct subordinates and submit it to the Human Resources Department.

4. Performance assignment

(1), put forward the performance evaluation principles for direct subordinates and submit them to the general manager for confirmation;

(2) According to the performance appraisal principles determined by the general manager, discuss with the human resource manager to determine the performance appraisal method;

(3) Evaluate the direct subordinates and communicate with them. Submit the evaluation results to the Human Resources Department.

5. Work exchange

(1), summarize the work report, communicate with the general manager, and pass this information to the direct subordinates at the same time;

(2) Be responsible for conveying the company's guidelines, policies, strategies and other information to the direct subordinates quickly, clearly and accurately;

(3) Determine the written interactive work briefing system and communicate with direct subordinates.

[6] Motivation

(1) Put forward the incentive principles of subordinate departments and direct subordinates, and submit them to the general manager for confirmation;

⑵ According to the incentive principle determined by the general manager, discuss with the HR manager to determine the incentive mode.

7. Audit and control of funds

(1), examine and approve the expenditure of lower departments according to the financial system, and confirm the rationality of the expenditure;

(2) Supervise and control the expenses of subordinate departments and report the expenses to the general manager every month.

⒏ Work report

(1) Report all his work and the work of subordinate departments to the General Manager in written form on a regular basis.

(9) Demonstrate leadership.

(1) Guide, encourage and spur subordinates to work hard;

(2) There are ways to improve the work effect and efficiency of subordinates;

(3), can describe the company's strategic intention and broad prospects for subordinates.

Extended data:

CFO's high sense of responsibility for the enterprise mainly involves the following three aspects:

1. safeguard the public interest.

Professional ethics requires CFO to ensure the public interest first when considering the interests of enterprises. In order to maintain their social image and ensure their professional reputation, it is very important for CFO to put the public interest first. Although enterprises often have direct interests with CFO, if the interests of enterprises are contrary to the interests of the public, CFO should stick to this professional ethics without hesitation.

4. performance.

The chief financial officer shall fulfill his responsibilities to the enterprise as agreed. In essence, once the chief financial officer accepts the entrustment of the enterprise to engage in financial management, he establishes a contractual relationship with the enterprise and is protected by law as other contracts. At the same time, it is the embodiment of CFO's professional ethics and the requirement of law to complete his work and fulfill the contract on time and quality.

3. Trade secrets

Business secret is an important topic in professional ethics. Because CFO knows a lot of information related to enterprise management, including business secrets such as business strategy, cost and internal control, once disclosed, the enterprise will lose its original position in the competition, which is extremely unfavorable to managers, creditors and investors. The chief financial officer must promise that when he has this information involving trade secrets, he will not disclose it to the outside world. That is, CFO should keep confidential the business secrets he knows in the process of financial management, and shall not use them to seek benefits for himself or others (hereinafter referred to as the principle of confidentiality).

References:

Chief Financial Officer-Baidu Encyclopedia