CFO BREW: In years past, companies preferred CFOs to have a public background and hold CPA licenses or CFA certifications. Many companies now don’t require their CFOs to have accounting backgrounds, and they’re increasingly looking for finance chiefs who have experience outside the finance function. Jeanne Branthover, Managing Partner, Global Financial Services/Fintech Practice, shares how the role has changed with Courtney Vien of CFO Brew.
“The CFO is no longer considered just the finance guy or gal”…the role is “much more business-focused than accounting-focused.” [Branthover] said…
CFOs with novel experience can spark change and help companies move in different, more positive directions. “It pushes the company to not just ‘do it the way we’ve always done it,” she said.