Chief Financial Officer
The position of Directeur Administratif et Financier (CFO) is a key function within a company. Also known by the titles of Finance Director, Administrative and Financial Manager, or Management Controller, the CFO occupies a strategic position within general management.
Main missions and objectives:
The Administrative and Financial Director is responsible for overseeing all the financial and administrative activities of a company. His main missions consist of:
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Financial management: Monitor and manage financial flows, draw up budgets and forecasts, supervise general and cost accounting, and ensure the company's profitability.
- Management control : Implement management control tools, analyze financial results, propose corrective actions and optimize the company's economic performance.
- Financial reporting : Develop financial reports, dashboards and performance indicators, and present them to senior management to facilitate decision-making.
- Administrative management : Oversee activities related to human resources, logistics, purchasing, legal and regulatory management, as well as contract and insurance management.
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Relations with external partners : Ensure relations with banks, auditors, financial partners and supervisory bodies, in order to guarantee regulatory compliance and optimize financing.
Expected skills for the Finance and Administration Director job:
To become a Finance and Administration Director, it is essential to possess the following professional and personal skills:
Professional skills:
- Solid knowledge of financial management, accounting, taxation and management control.
- Mastery of financial analysis tools and methods.
- Ability to draw up budgets, forecast results and set up performance indicators.
- Excellent communication and financial presentation skills.
- In-depth knowledge of financial and accounting regulations.
- Ability to manage teams and collaborate with various internal and external stakeholders.
Personal skills:
- Digorous and accurate handling of financial data.
- Sense of organization and ability to manage several tasks simultaneously.
- Analytical skills and the ability to synthesize information in order to make informed decisions.
- Leadership and ability to mobilize and motivate teams.
- Ability to work under pressure and meet deadlines.
- Integrity and confidentiality in handling sensitive financial information.
Training and qualifications to become an Administrative and Financial Director:
To accede to the position of Administrative and Financial Director, it is generally necessary to have a level Bac+5 degree in the field of finance, accounting or management. Commonly taken courses include the Master's degree in Corporate Finance, the Master's degree in Management Control, the Diplôme d'Expertise Comptable (DEC) and the MBA with specialization in Finance.
Career developments and prospects:
The job of Administrative and Financial Director offers many opportunities for advancement. After gaining significant experience, the CFO can progress to positions such as General Manager, Group CFO, or even take responsibility for a finance department in a larger company.
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Proposed compensation:
The compensation of a Administrative and Financial Director varies according to company size, sector of activity and professional experience. In general, the gross annual salary of a CFO ranges from €70,000 to €150,000.
Trades related to the position of Chief Financial Officer:
- Management Controller.
- Accounting manager.
- Human Resources Manager.
- Purchasing Director.
- Legal Director.