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📊 Unlocking the Path to CFO Excellence: Join us on the Gross Profit Podcast as Ben Mekie - Acuity Associates outlines the 5 essential competencies that distinguish top CFOs. This episode delves into the strategic thinking, business partnering, and financial expertise required to drive sustainable growth and profitability. Ben discusses how effective CFOs go beyond numbers, becoming strategic advisors who align financial strategies with business objectives. By mastering these competencies, CFOs can navigate complex challenges, optimize resource allocation, and foster a culture of financial stewardship within their organizations. Whether you're refining your skills or charting a career path in finance, this episode offers actionable insights to elevate your role and impact as a financial leader. 🌐 #CFODevelopment #BusinessSuccess #GrossProfitPodcast 🎧 Listen to the full episode here: https://hubs.la/Q02Gvvd70

FROM THE ARCHIVE - BOARDS WITH PATRICK DUNNE What is the role of the CFO with the Board? Way back in episode 22 of the #growcfoshow had a fascinating conversation with Patrick Dunne, author of "Boards", about the relationship between the CFO and the board. Some key insights: Patrick discussed how the CFO plays a crucial linking role between the executive team and the board. As the "interlocutor", the CFO should be a partner to the CEO, communicating openly while maintaining integrity. When recruiting a CFO, boards should look beyond technical skills to find someone who can clearly explain the business dynamics and operating model. Strong management, communication and strategic skills are also important to effectively partner with the CEO and engage with the board. Boards would benefit from considering if a CFO has the potential to be a future CEO. In the role, CFOs need to navigate building trust with management while maintaining independence to provide critical feedback to the board. The board relies on the CFO to gain insights into company performance, risks and strategy. An effective CFO-board relationship is vital for good governance and supporting management. Patrick's book "Boards" provides valuable perspectives on crafting these important relationships. Patrick is joining us in GrowCFO for a Masterclass this week on resolving conflict in the boardroom. There's still time to book your seat https://lnkd.in/eYsm837D Listen to the full podcast with Patrick here: https://lnkd.in/eT8aUN7m

Interested in starting your own firm or becoming a fractional CFO? Here's what worked for me. Exploring the fractional CFO role: - Read "So You Want to be a Fractional CFO" by Tom Schultz - Listened to every single episode of The CFO Report by Michael King Niching down: - Talked to CPG founders to understand their needs and refine my offer - Listened to many many podcast episodes about CPG - Invested money and time in attending events and creating/nurturing relationships - Took work at an introductory rate, then did my best to "wow" them Marketing: - Invested in great branding from Kelsey Scofield - Took Dr. Melissa Henault's free LinkedIn Intro Course (and put it to work) - Built an MVP website myself with testimonials to my work gathered from any and all willing parties who could speak to it Tom Schultz and Michael King both have coaching programs. Coaching is not for me right now, but feel free to send me a note about your plans, and I'll be cheering you on! I am having a blast, and there are so many small businesses who could use help. ------------------------------------- I help innovative and #betterforyou #CPG founders scale their emerging brands with my expertise in #finance, accounting, and technology. Please reach out if you'd like to chat!

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

Finance leaders are taking on more than ever in this time of rapid change, from driving strategic innovation to business transformation. But how can you do all that while protecting the financial health of your business? The CFO Show, hosted by CFO Melissa Howatson, offers sharp, timely commentary on today's biggest finance and business issues from her unique point of view. Join us for conversations with finance visionaries and business leaders as they navigate risks, address messy organizational challenges, and share hard-learned expert advice. The CFO Show isn't just another finance podcast; it's your catalyst for finance transformation.

Check out the video and preview below! ...and then join me and Haleh Fardi this coming Tuesday, July 30th at the upcoming virtual event with Conscious Capitalism, Inc. We will look at tools to help operationalize a companies mission, purpose, and impact, with a paradigm shift and discussion around Bigger, Better, Faster, Cheaper. We take a holistic approach to eliminate blind spots, allowing us to consciously help organizations and stakeholders thrive. We will talk about how harmonizing and integrating the principles of conscious capitalism with traditional business paradigms can powerfully transform an organization by enhancing bottom line profits and long term, sustainable value. #BusinessAsAForceForGood #ElevateHumanityThroughBusiness #ProcfoPartners #CreateTheNext

🎙️ **Mastering Financial Strategy** 🌟 Dive into our latest episode of the Gross Profit Podcast, where Manny Skevofilax, a seasoned CFO with a knack for strategic brilliance, shares his wealth of insights on navigating the complex realm of financial strategy. 🚀 In this captivating discussion with host James Kennedy, Manny Skevofilax emphasizes the pivotal role of CFOs in aligning financial goals with overarching business objectives. He highlights the importance of fostering synergy across departments and ensuring optimal resource allocation to drive sustainable growth. 💼💡 Discover Manny's approach to leveraging data-driven insights for informed decision-making. 📊 He reveals how CFOs can harness the power of analytics to pinpoint inefficiencies, optimize operations, and propel their organizations toward enhanced profitability and operational excellence. Moreover, Manny unveils the strategic significance of acquisitions and roll-ups in expanding business horizons. 📈 Learn how astute CFOs can capitalize on market opportunities through strategic acquisitions, transforming challenges into catalysts for exponential business growth. Ready to elevate your financial strategy game? 🎧 Click the link below to listen to the episode. 🔗https://lnkd.in/ej2CcKdF Join the conversation and stay tuned for more inspiring insights and expert perspectives on financial leadership. Like, share, and engage with us as we navigate the dynamic landscape of business strategy together! 🌍💬 #GrossProfitPodcast #FractionalCFO #Profit #Growth

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

Top 10 priorities for CFOs in 2024. How CFOs can drive growth... CFOs have a brand called CFNo's rather than CFGrow's. They say no to new investments and initiatives rather than endorsing proposals to grow the company. How can CFOs get more involved in growing the company? We suggest three lenses. ✅ Operational ✅ Tactical ✅ Strategic For each lens, several growth levers should be considered. ✅ Historical (revenue and R&D) ✅ External (industry and geography trends) ✅ Internal (M&A, CAPEX, and differentiation) Instead of rejecting new initiatives, CFOs should outline how to optimize each of these levers from a forward-looking perspective. We have highlighted some ways of how to do it 👇. Do you think CFOs can drive growth? ---------- 🧑💼 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 🧑🎓 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

Interested in learning more about how we do what we do? Check out this upcoming webinar with my business partner and ProCFO Partners' own Haleh Fardi.