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Chief financial officer (CFO)

What is a Chief Financial Officer?

A Chief Financial Officer, or CFO, is the executive responsible for managing the financial actions of a company. Their duties include tracking cash flow, financial planning, analyzing the company's financial strengths and weaknesses, and proposing corrective actions.

The CFO plays a critical role in a company's success, providing financial visibility to the executive team and board members, ensuring resources are allocated efficiently, and guiding financial decision-making. In a startup, the CFO often also handles functions like fundraising, financial forecasting, and budgeting. Their role can be pivotal in navigating the financial complexities associated with rapid growth, providing financial insight that informs strategic decisions.

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