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The role of the 21st Century Chief Financial Officer is drastically different from its traditional book-keeping function. Deloitte tried to map this transition with their article 2011 “The Four Faces of the CFO”, but their failure is that they stop at the theoretical and haven’t gone the extra step to put figures to their ideas. I wanted to see if I could do just that. As such, I got in touch with 449 Chief Financial Officers in Australasia and asked them to look at a more recent article by Deloitte where they delineated that a CFO tends to fit into one of the four categories listed below.

The CFO role requires a strong candidate able to lead the charge. But, the qualifications needed and the route to get there is ever-changing. BlueSteps sat down with Debbie Ellis, one of our BlueSteps Executive Career Services Advisors, to learn more the status of the position and the attributes needed to obtain a CFO position.

Let’s face it: CFOs are not the best networkers. Some of us are better than others, but for the most part we sit in our offices and manage numbers, strategy, administration, IT infrastructure and whatever else falls under our purview – responsibilities which seem to be growing every year. But the reality is that we all need to be great networkers.

BlueSteps chats with AESC executive search consultants about the latest trends for CFOs and finance executives. In this article, we focus on the current outlook for the CFO role accross the globe. Download the full white paper, "Executive Search & Career Forecast: Inside the Chief Financial Officer Role" for more.

James Langston and Julie Kanak, Diversified Search/AltoPartners, USA

BlueSteps chats with AESC executive search consultants about the latest trends for CFOs and finance executives. In this article, we focus on whether or not it's possible for CFOs to make the transition to CEO. Download the full white paper, "Executive Search & Career Forecast: Inside the Chief Financial Officer Role" for more.

cfo_career_white_paper-coverJames Langston and Julie Kanak, Diversified Search/AltoPartners, USA

BlueSteps recently hosted an #ExecCareer Chat on the topic of Executive Search and Your CFO Position, featuring Catherine Bell, from BluEra, and Rick Cannellos, from Epsen Fuller Group.

Some of the questions asked included:

BlueSteps recently hosted the #ExecCareer Chat: Executive Search and the CFO Position, featuring Stephen P. Konstans, Vice President, Pearson Partners International, Rick Cannellos, Senior Client Partner, Epsen Fuller Group, and Catherine Bell, BluEra Founder.
 
Some of the questions asked included:

Managing a diverse, global team is unavoidable for executives in finance working for a large global investment bank. Teams responsible for implementing the finance function are generally led by a Managing or Executive Director, a Vice President, and two Associates and/or two Analysts, with the junior resources split between New York and Asia. In the middle, back and CFO offices at nearly every investment bank, this has been the trend and is here to stay. Managing successful teams poses distinct challenges to any executive in this situation, so here are five best practices to get the most out of a global team.
 

A friend recommended this article to me recently that talked about how office workers in China are literally working themselves to death. Working on Wall Street can certainly feel that way in many ways (the highest highs come with the lowest lows), and with the news that a 21-year old intern working for Bank of America (BofA) collapsed and died last year after he worked until 6 am for three straight days (he also suffered from epilepsy, according the CNBC article), banks put forth explicit guidelines limiting the number of hours interns, and now first-year investment banking analysts, can work.
 

BlueSteps recently hosted the #ExecCareer Chat: Chief Financial Officers in Transition, featuring Samuel Dergel, from Stanton Chase International.
 
Some of the questions asked included: