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What Are The Tasks Of A CFO And Why Do You Need A CFO In Kentucky

Mar 31, 2011

The role of Chief Financial Officer or CFO encompasses many different responsibilities and since no two companies are the same, their needs often differ when it comes to the job of CFO.

Some of the basic responsibilities that come with the title of CFO include

  • solving cash flow problems
  • seek business funding
  • creating operational metrics
  • analyzing revenues and expenses
  • creating a budget or financial plan
  • implementing software such as the Intuit/Sage Solution
  • analyzing efficiencies between locations or product lines
  • preparing accurate, timely and relevant financial reports
  • efficiently managing cash, inventory, receivables and payables

 

Do any of these issues keep you awake at night? Most business owners don’t have the expertise or knowledge to tackle all the financial management nightmares that come with owning a business. They tend to get bogged down in these areas and lose valuable time and effort that could be utilized in the production of their business.

Since businesses vary, only the business owner can determine when it is cost efficient to take advantage of the services of an experienced Part Time CFO. B2B CFO® provides those services on an as-needed, affordable basis with a plan to work within each individual business’s budget.

We can help you grow and manage your business and have a good night’s sleep.

More from Tamara…

About the Author

Serving as a CFO in Kentucky for over 20 years, Tammy is a CPA who has attained a unique combination of analytical, management and leadership skills. Locations she serves include Lexington, Richmond, Berea, Somerset, Danville, Lancaster, Stanford, London, Corbin and Harrodsburg. She has multi-faceted industry experience including entertainment, manufacturing, contracting, banking, investing, mining, data processing, education and public accounting.

View Tamara’s Personal Website

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