CFO : Roles and Responsibilities

Discuss about the CFO : Roles and Responsibilities.

Answer:

Introduction:

The strategist CFO

The responsibility of the Mr. Neilson is to make himself, the strategist to the CEO. The success behind the effective CFO are do the management of the financial function, reports the numbers, and should take implemented actions according to the events, which is uncontrollable. The responsibility of the CFO is to look around the each operation, which has conducted in the company. They should have the ability to think and to apply the critical skills with the financial sharpness for achieving the long-term goals of the company.

The CFO as the leader

Another responsibility of the CFO is making himself a leader, which has the capabilities to implement the strategies of the company. The roles of the CFO are not limited only to the analysis of the efforts, which has done by the others employees or any departments of the company. Now the CFO also takes the responsibilities for the ownership of the financial results of the company and the team of the senior management. The CFO is also responsible for the leadership, which has provided to the others team members of the senior management such as the CEO of the company. The role of the CFO is also making the tough decisions, which is impossible or rare and difficult, but has to take those steps for the success of the company.

The CFO as a team leader

The CFO with the third parties

Santos Limited

Efficient market hypothesis

The theory of the market, which had evolved from the 1960 by the Eugene Fama. He states the efficient market hypothesis is that at the given point of the time and in the market of the liquid, the prices of the security that discloses the information, which is available. The existence of the efficient market hypothesis is in the different degrees i.e., weak, semi-strong, and the strong, which includes the market prices of the non-public information. The theory of the efficient market hypothesis contains the market, which are efficient and the present price, which discloses all the information, which started to perform in the market, which should have the probability instead of the skills.

The first form of the EMH is the weak form that assumes the present price of the stock that discloses all the information regarding security market, which is presently available. It states that there is no relation between the previous price and the volume of the data along with the future prices of the security. It is concluded from this from that the over return is not possible with the help of the technical analysis.

The role of the pension fund manager

• Development of the policies, which has related to the pension, and the packages of the benefits.
• Review and discuss the strategy of the funds with the advisors, investment managers, and the board of the company.
• Management of the relationship, between the employer and the trustee.
• Give advice to the company of the new issues that has related to the finance.
• Provide awareness about the matters, which has related to the pensions.
• Ensuring about that the schemes are operating in the effective way and meeting the target.
• Execute all the administration of the pension schemes (Manpower Nigeria, 2016).

References

Santos Limited.(2016).what we do. Retrieved from https://www.santos.com/what-we-do/

Santos Limited.(2016). Appointment of CFO. Retrieved from https://www.santos.com/media-centre/announcements/appointment-of-cfo/