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Best Career Advice for Aspiring CFOs

Best Career Advice for Aspiring CFOs

FromThe CFO Playbook


Best Career Advice for Aspiring CFOs

FromThe CFO Playbook

ratings:
Length:
17 minutes
Released:
Jan 6, 2022
Format:
Podcast episode

Description

On this episode of The CFO Playbook, we share some of the best career advice for aspiring CFOs that we’ve received from CFOs who have been guests on the show.Lessons we cover in this episode:An aspiring CFO must diversify their areas of expertiseIt’s critical to gain experience outside of the finance function.Finance leaders should be proactive in making themselves partners to other areas of the business.While gaining experience in areas of the business beyond finance is key, it’s also important for finance professionals to diversify their experiences within finance.Don’t be overly concerned about timetable or titles in your quest for the CFO positionYour working life is long, be patient as you build your career over time.You don’t have to rush into the CFO role. If you’re able to, work for a great CFO first and learn.As you cultivate your hard, practical business skills, don’t forget to focus on your ‘soft skills’Great CFOs develop their EQ as much as their technical skills and understanding of the business.Own your strengths and your unique vulnerabilities. It’ll make you a more relatable leader and help you build relationships with your employees.As the role of CFO continues to evolve from being purely an accountant to being an advisor to the rest of the executive team, and a driver of the business generally, it’s becoming more important to focus on these ‘soft skills’ that are required of leaders.On your path to CFO, keep an open mindTake advantage and learn from other CFOs you meet throughout your career.Stay curious, take risks, and keep learning.Tune into the full episode to get all the best insights on plotting your course towards the CFO position.Connect with our host Ross on LinkedIn.If you want a better way to track and control your team’s spend, check out Soldo.com.
Released:
Jan 6, 2022
Format:
Podcast episode

Titles in the series (79)

Being a good CFO isn’t just about managing money anymore. The modern CFO is being asked to implement new technology, guide product and business decisions, and look ahead to the future. But how do you stay ahead of the curve? In The CFO Playbook, you’ll learn how world-class CFO’s and finance leaders set goals, manage teams, leverage technology, plan for the future, improve systems and processes, and so much more. Each week you’ll get insights that help you grow yourself and your company. Have a specific topic you’d like us to cover? Head on over to cfoplaybook.fm to submit any questions you’d like our guests to answer on future episodes.