CFO
Business & Finance abbreviation · Job Title
| Stands for | Chief financial officer |
|---|---|
| Categories | Business & Finance |
CFO stands for Chief financial officer, a job title abbreviation.
Senior executive who runs a company's finances: accounting, financial reporting, budgeting, treasury, tax, investor relations and often strategy and M&A. The CFO usually reports to the CEO and works closely with the board's audit committee.
Example: The CFO told analysts the company expects free cash flow of about $1.2 billion this year.
Usage notes
Under Section 302 of the Sarbanes-Oxley Act of 2002, the CEO and CFO of a US public company must personally certify each annual and quarterly report. Smaller companies may have a controller instead, while startups often hire a part-time or "fractional" CFO. In the UK the role was traditionally titled finance director (FD), though CFO is now common there too.
Related abbreviations
More job title abbreviations
- CAIO – Chief AI officer
- CAO – Chief accounting officer
- CBO – Chief business officer
- CCO – Chief compliance officer
- CDO – Chief data officer
- CEO – Chief executive officer
- CGO – Chief growth officer
- CHRO – Chief human resources officer
- CIO – Chief information officer
- CISO – Chief information security officer
- CLO – Chief learning officer
- CMO – Chief marketing officer