How can a part-time CFO accomplish what Ive seen takes 40 hours a week?
The truth is that most small and medium-sized organizations do not require a full time CFO once they have good policies and procedures and strong financial reporting methodologies in place. This is especially true when the company already has an Accounting Manager or Controller and a good computerized accounting system. The CFO is then required to set up policy, provide guidance and leadership, ensure compliance, analyze performance, manage risk and collaborate with other managers in achieving the desired business objectives. These responsibilities can be handled very effectively in a number of hours per week when a capable CFOs full and undivided attention is given to them.
