What role should the chief financial officer play in the enterprise?

The responsibilities of the chief financial officer are defined as supervision, supervising the operation of enterprises, major financial decisions and reviewing financial reports, and implementing the system of countersigning with the general manager for major financial revenues and expenditures and business activities. The chief financial officer shall jointly sign the prescribed matters according to the relevant national financial policies, laws and regulations, rules and regulations, resolutions of the board of directors, articles of association and financial system.

The chief financial officer shall sign and agree on the matters that meet the requirements; Any violation of the provisions will not be passed, and actively communicate with relevant departments to report. The financial director's supervision of enterprises should be all-round, but the focus should be on pre-supervision and in-process supervision.

Extended data:

The usage and meaning of the word CFO are very different in China. Many people directly refer to CFO as "CFO". A domestic "CFO website" also regards CFO as a synonym for CFO. In this sense, the chief financial officer is essentially the supervision representative entrusted by the owner. Implement the Ministry of Finance in local governments and state-owned holding companies at all levels in China.

At the same time, some people think that the chief financial officer is a special term used by accountants appointed by agencies to perform management and supervision functions in subordinate (subordinate) units after the Ministry of Supervision issued the Opinions on Implementing the Accounting Appointment System on behalf of enterprise owners or all owners.

I think, from the customary and literal explanation, the function of the chief financial officer should be more understood as supervision and being supervised. This is very different from the internationally accepted function of chief financial officer. Therefore, no matter from the perspective of the enterprise or the government, the chief financial officer cannot be renamed as the chief financial officer.

Chief Financial Officer of Baidu Encyclopedia