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CFOs are crucial to companies' success, but if the team around them isn't capable of hearing the message or drawing insights, their influence can be diminished. In the latest episode of the Best But Never Final Podcast, Douglas McCormick, Lloyd Metz and Sean Mooney unpack the strategic role of a CFO. Want to learn more? Listen to the full episode on your preferred podcast streaming platform or at the link in the comments.

The CFO is one of the most critical roles in a portfolio company, and with it comes multifaceted responsibilities, an ever-evolving environment, and the unique need for specific skill sets and interpersonal traits. Hosts Douglas McCormick, Lloyd Metz, and Sean Mooney discuss how private equity leaders view the CFO and how they can succeed in a portfolio company. Key highlights include: -The foundational responsibilities of a CFO in PE and the significance of evolving beyond financial reporting to strategic partnership. -Analogies that capture the essence of the strategic CFO role. -The challenges and opportunities in the career progression of a CFO. -How PE firms approach the selection process for a CFO, emphasizing the importance of intellectual horsepower, experience and interpersonal skills. -Key strategies for CFOs to excel in their role, highlighting loyalty to the enterprise, integrity and the ability to be a resource across the organization. -The nuanced reporting structure of PE CFOs, including direct and dotted-line reporting to the CEO and the PE firm, respectively. Find the episode on any podcast platform and listen today!

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