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More finance chiefs have been promoted to the ultimate power post. How do other CFOs follow in their footsteps?
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More finance chiefs have been promoted to the ultimate power post. How do other CFOs follow in their footsteps?
‘If you can improve your expertise in certain functional areas, it’s time to make a plan to acquire those skills,” writes financial services CFO Sunday Grace.
‘In trading, you make decisions with incomplete information. You learn to trust your frameworks and move fast,’ says Cin7 CFO Erik Rothschild.
Bonfield was selected by an independent committee comprised of leading CFOs for his work transforming the world’s top manufacturer of construction and mining equipment.
Especially during times of economic volatility, companies tend to prioritize continuity and institutional knowledge.
Competitive advantage no longer hinges on the largest tech budgets, but on how well financial strategy and digital capabilities align.
Bonfield was selected by an independent committee comprised of leading CFOs for his work transforming the world’s top manufacturer of construction and mining equipment.
‘Technology is playing a bigger role but adopting a new tool just because it’s shiny or trending rarely works out,’ says Visual Lease CFO Katie Eskandarian.
“If an action doesn’t drive value, delegate or defer it,” recommends VCFO’s Dustin WIlliamson to CFOs whose plates are overfull.
Are you still making significant decisions, such as resource allocation or capital budgeting, using data that is backward-looking?
Whether an M&A deal succeeds often comes down to what happens immediately after the transaction closes, says Riveron’s Alex Shahidi.
Aclara Resources CFO Francois Motte Sauter says there’s no room for inefficiency at the rare earths mining company.
‘My role involves translating the impact of regulatory and digital shifts into actionable game plans for the broader team,’ says John Schwab, CFO of the indirect tax software company.
OBBA is an opportunity ‘to reassess stalled investments and evaluate new ones under more favorable tax conditions,’ says one CFO.
Tariffs are at least temporarily back in play, creating fresh ASC 606 compliance challenges for CFOs.
Finance and procurement leaders are figuring out how to reduce the financial impact of U.S. tariffs on products they import.
As a CFO, you may have focused on risk management and cost control; as a CEO, you’ll have to balance those priorities with the demand for innovation and growth.
“Understandably, there can be resistance to a new application because there is comfort in doing things the same way,” says Labor Finders CFO Leslie Cotton.
‘Now is not the time to make big speculative moves,’ writes Thomas Allen Carver of Harren Equity Partners.
‘In trading, you make decisions with incomplete information. You learn to trust your frameworks and move fast,’ says Cin7 CFO Erik Rothschild.
Aleksandra Szuszkiewicz of Live Nite Events orchestrates sophisticated financial frameworks for high-risk, capital-intensive entertainment ventures.
In terms of protection and earnings, ‘no one ever thinks about cash—cash is the forgotten asset,’ says Ampersand CEO Kelly Brown.
OBBA is an opportunity ‘to reassess stalled investments and evaluate new ones under more favorable tax conditions,’ says one CFO.
Aclara Resources CFO Francois Motte Sauter says there’s no room for inefficiency at the rare earths mining company.
‘My role involves translating the impact of regulatory and digital shifts into actionable game plans for the broader team,’ says John Schwab, CFO of the indirect tax software company.
Aleksandra Szuszkiewicz of Live Nite Events orchestrates sophisticated financial frameworks for high-risk, capital-intensive entertainment ventures.
In terms of protection and earnings, ‘no one ever thinks about cash—cash is the forgotten asset,’ says Ampersand CEO Kelly Brown.
Data fluency starts with understanding all the things happening inside a company and all the decisions being made, says Runway Financial CEO Siqi Chen.
‘The CFO has to ensure the organization doesn’t become paralyzed by imperfect data,’ says Redgate Finance Chief Steve Mitchell.
The most practical incarnation of finance AI so far is occurring in collaboration tools like Slack and Teams, where day-to-day decisions are made.
‘Technology is playing a bigger role but adopting a new tool just because it’s shiny or trending rarely works out,’ says Visual Lease CFO Katie Eskandarian.
“Handing over finance to machines too quickly comes with a cost a finance leader can’t always see right away,” says Siqi Chen of Runway Financial.
Competitive advantage no longer hinges on the largest tech budgets, but on how well financial strategy and digital capabilities align.
‘Unlike previous disruptions, there’s no real historical parallel to predict confidently what might happen and to what degree,” says Hilary Norris, CFO of GTreasury.
Are you still making significant decisions, such as resource allocation or capital budgeting, using data that is backward-looking?
In SaaS, “there’s a greater willingness to experiment with customers, prove the product and validate the hypothesis,” says Reltio CFO James Redfern.
More finance chiefs have been promoted to the ultimate power post. How do other CFOs follow in their footsteps?
‘If you can improve your expertise in certain functional areas, it’s time to make a plan to acquire those skills,” writes financial services CFO Sunday Grace.
Especially during times of economic volatility, companies tend to prioritize continuity and institutional knowledge.
“Handing over finance to machines too quickly comes with a cost a finance leader can’t always see right away,” says Siqi Chen of Runway Financial.
‘I’m a firm believer that I work for my employees, not the other way around. In a perfect world, my job is simply to stay ahead of them and remove the obstacles they point out.’
‘I’ve learned that genuine alignment at the leadership level only occurs when teams prioritize the company’s needs over personal agendas,’ Love says.
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