Abby June Richards, CPA-TX’s Post

🎙️ CFO Talk:  The 8 Superpowers CFOs Use to Scale - with Michelle Kvello Steve had a great discussion with Michelle on The 8 Superpowers CFOs Use to Scale their businesses. The secrets she unveils in this CFO Talk come from years of experience growing businesses from the CFO role. Here are 3 takeaways from a long list of takeaways Michelle left us with. 1️⃣ Storytelling is Key: As CFOs, our role goes beyond just numbers. We need to be storytellers who can communicate the story of our business through the data. Without a compelling narrative, the numbers lose their impact. Remember, a well-told story can move the conversation forward with stakeholders. 2️⃣ Focus on Key Metrics: In a sea of data, it's essential to identify the key metrics that matter for your business's growth. These metrics act as the guiding lights, alerting you to potential problems or opportunities. By laser-focusing on these metrics, you can make informed decisions and allocate resources effectively. 3️⃣ Simplify for Success: The finance industry has a reputation for complexity, but that doesn't serve anyone. CFOs should strive to simplify processes and explanations, making financial insights easily understandable to both fellow executives and non-finance colleagues. Simplification not only enhances communication but also enables better decision-making throughout the organization. If you're curious about the 8 superpowers and how they can help your business scale, tune into the podcast episode. 🏫 CFO.University is a professional development center for CFOs and aspiring CFOs 🌎 🌍 🌏 Our Mission:   Develop world changing finance leaders 👁  Gain insight into your professional development with the CFO Readiness Assessment https://lnkd.in/gA-xNbG 💥Learn about the Four Pillars of CFO Success here. https://lnkd.in/gK8vqr3r #CFOtalks #FinanceSuperpowers #ScalingBusinesses #StorytellingInNumbers

Curious about the qualities that define a great CFO? 🤔 Join the conversation with me and Megan Weis, CPA, MBA where we discuss the role of a modern CFO expands beyond finance & accounting. Also, in this podcast we'll cover the top 3 crucial characteristics of a Great CFO. 🔍 Top 3 Crucial Characteristics of a Great CFO: 1️⃣ Strategic Vision: Navigating uncertainty with a strategic vision that aligns seamlessly with broader business goals. Having the ability to see the bigger picture incorporates more agility. 2️⃣ Innovative Problem-Solving: Beyond numbers, finance involves creatively solving intricate problems. Finding inventive solutions helps businesses excel through challenges with resourcefulness. 3️⃣ Clear Communication: Distill financial complexity into understandable insights. Communicating complex financial information effectively ensures that everyone in the organization understands the story behind the numbers. Check out the full video 👉https://lnkd.in/geiMcBXr ❓What did I miss? Let me know in the comments below! 👇 #fractionalcfo #collaboration #strategies #poll #finance #fpa #fpanda #business #virtualcfo #insights #business #fbp #leadership #cfo #freshcfo #freshfpa

CEO vs. CFO. What are the main differences? The CFO should be the right hand of the CEO. But is there a limit to how much a CFO can take over? Let's look at some examples... 🏬 CEO sets the direction 💰 CFO drives it throughout the company 🏬 CEO decides on the budget 💰 CFO recommends the budget level and follows up 🏬 CEO drives the culture of the company 💰 CFO leads by example 🏬 CEO manages the C-suite 💰 CFO manages the finance leadership team 🏬 CEO generates new business and projects 💰 CFO makes new business and projects profitable 🏬 CEO is the right hand of the chairman 💰 CFO is the right hand to the CEO How would you describe the difference between the two roles? Do you think the CFO would make a good CEO? ---------- 🧑💼 I'm a partner at Business Partnering Institute 🆘 Need immediate help in your finance team, call us! 🤝 We help increase the influence of your finance team 🔔 To see more content, hit the bell on my profile 🧑🎓 Enroll in our LinkedIn course: https://bit.ly/4a5fB9l 📻 #FinanceMaster podcast: https://bit.ly/3NLSt73 📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

The transition from CFO to CEO can be successful under certain circumstances. CFOs bring valuable financial expertise, analytical skills, and a deep understanding of the company's financial health, which are essential for effective decision-making. Additionally, CFOs often have experience working closely with the CEO and other executives, providing them with insights into the broader aspects of running a company. However, being a successful CEO requires a broader skill set that goes beyond financial expertise. CEOs need to have strong leadership abilities, strategic thinking, communication skills, and the ability to manage diverse stakeholders. They must also be comfortable making tough decisions, managing risk, and driving the overall vision and direction of the company. While many CFOs possess some of these skills, not all may have the full range of qualities required to be a successful CEO. It ultimately depends on the individual CFO's experience, capabilities, and aspirations. Some CFOs may choose to remain in their finance-focused roles, while others may have the ambition and the necessary skills to transition into the CEO role.

Today on CFO 4.0, Hannah Munro welcomes the remarkable Andy Burrows, Founder of Supercharged Finance, as they delve into the realms of business acumen, curiosity, and the transformative habits that define the most successful finance professionals. Andy shares his unparalleled insights on: 🔹Building a robust finance mindset that transcends traditional number crunching. 🔹The art of cultivating curiosity to unlock strategic insights. 🔹Implementing high-performance habits that drive career and team success. 🔹Assessing and elevating your team's business acumen with proven strategies. 🎧 This is more than just a podcast episode; it's a blueprint for those ready to lead and innovate in the finance world. Whether you're a CFO, an aspiring finance leader, or anywhere in between, these insights will equip you to navigate the challenges and opportunities of the modern financial landscape. 🔗 Tune in to CFO 4.0 right now to catch all the wisdom Andy Burrows has to offer. https://hubs.li/Q02qBpyY0 #CFOPodcast #FinanceTransformation #Leadership #Innovation #SuperchargedFinance #MustListen

The differences between CEO and CFO.

These 3 advantages of Fractional CFOs feel illegal to know.... We know that growing is hard but making sure to having the right people in the right seats is even harder. That's where having Fresh FP&A can make the difference. Here's why: 1️⃣ Cost Efficiency: Get top-tier financial leadership without the full-time costs its about maximizing impact not costs. 2️⃣ Futuristic Outlook: We doesn't just manage your current financial needs but strategically prepare your business for future challenges & growth. 3️⃣ Holistic Integration: From finance to operations, we connects all critical components of your SMB. Jill Mullens and I dove deep into the connection with HR and finance in this podcast 👉 https://lnkd.in/gmZeXFBf I'd love to hear from you! How do you think a Fractional CFO could change your business? Drop your thoughts below! 👇 #cfo #freshfpa #fractionalcfo #finance #insights #financeleaders #professionalgrowth #fpa #fpanda #business #virtualcfo #business #leadership #relationships #learning #knowledge #freshcfo

CEO vs. CFO. What are the main differences? The CFO should be the right hand of the CEO. But is there a limit to how much a CFO can take over? Let's look at some examples... 🏬 CEO sets the direction 💰 CFO drives it throughout the company 🏬 CEO decides on the budget 💰 CFO recommends the budget level and follows up 🏬 CEO drives the culture of the company 💰 CFO leads by example 🏬 CEO manages the C-suite 💰 CFO manages the finance leadership team+ 🏬 CEO generates new business and projects 💰 CFO makes new business and projects profitable 🏬 CEO is the right hand of the chairman 💰 CFO is the right hand to the CEO How would you describe the difference between the two roles? Do you think the CFO would make a good CEO? ---------- 🧑💼 I'm a partner at Business Partnering Institute 🆘 Need immediate help in your finance team, call us! 🤝 We help increase the influence of your finance team 🔔 To see more of my content, hit the bell on my profile 📻 #FinanceMaster podcast: https://bit.ly/3NLSt73 📄 Check out all our templates and cheat sheets here: https://lnkd.in/eC_zuCU4

From FP&A to CFO- The FP&A role is the best-positioned finance role to become CFO. Agree or Disagree? I believe many CFO professionals will be the CFOs of tomorrow. I am not alone in that opinion. I previously interviewed Jack McCullough for a podcast, and he shared that he predicted most CFOs would come from FP&A, and it was just a matter of time until this was the case. If you are someone working in FP&A who eventually wants to become a CFO, then you need to learn to tell the story. You need to take the numbers and transform them into actionable insights. Join me next Wednesday as I chat with Julio Martínez, the CEO and Co-founder of Abacum. We will discuss this topic and share advice we have learned throughout our careers. Transforming Numbers into Action Free to attend Date: 17th April 2024 Time: 12 PM ET Registration Link: https://lnkd.in/gc55cJKe

Tune in on Tuesday 18th June at 7am for a special episode of CFO 4.0! 📊🎙️ Join Mark Blackmore as he steps in for Hannah Munro to bring you a mid-year roundup of our most impactful conversations from 2024. We've had incredible discussions with finance leaders who shared insights, sparked innovation, and inspired transformation. In this episode we reflect on conversations with: 🔸Scott Buchanan on IPO challenges 🔸Dominique Highfield on financial and operational leadership 🔸Soufyan Hamid on the power of storytelling in finance 🔸Chris Ortega on generative AI 🔸Hannah Williams on transitioning from CFO to CEO 🔸Jamie Irwin on CFO recruitment in private equity 🔸Nicholas Boucher on AI in finance 🔸Tory Bauman on financial planning in telecommunications 🔸Christian Frantz Hansen on performance management 🔸Andy Burrows on business-focused finance 🔸Marie Charpentier on transforming finance teams 🔸Clive Webb on sustainability in M&A 🔸Katrina Nacci on US GAAP complexities 🔸Arjit Kumar on leading organisational changes 🔸Howard Friedman & Akshay Swaminathan on data science 🔸Chris Lloyd-Mostyn on project requirements in finance 🔸David B Horne on fundraising and scaling businesses Don't miss out on this jam-packed episode of insights! 📅✨ In the meantime, don't forget to search 'CFO 4.0' on your favourite podcast platform to explore previous episodes or listen here; https://hubs.li/Q02BKk8K0 #CFOPodcast #FinanceLeadership #FinancialTransformation #Innovation #CFO #FinanceCommunity