Administrative and Financial Director – Financial Expert

The position of financial director is therefore strategic: a key player in the implementation of a company’s strategy and development.

Missions

Moreover, he is a member of the management committee. He is then called upon for any decision-making. The CFO advises in the field of finance and information systems, the general management. This is obviously the strategic position of the company. The CFO coordinates all of the company’s departments (accountant, personnel and human resources) in order to optimize all of the company’s flows.

The CFO works in collaboration with the chief accountants and accountants in the implementation of the financial strategy of the company. He is of course the supreme responsible. He supervises the company’s services (accounting, treasury, management control) to analyze and optimize management reports. This also allows the decision-making of the general management. It also regularly informs management, performance, “financial” health, growth of the company.

In relation therefore with the various financial partners of the company (banks, fund manager, investors), he negotiates the financial policy and maximizes the profitability of the cash flow by managing the working capital, financing and investments: He represents the company in the area of ​​finance. It manages fundraising and optimizes their scheme (LBO, Capital Increase, with issue premium, OCA, OBSA, Blocked current account, BSA, Shareholders’ agreement).

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It is also on economic watch and guarantees compliance with the application of regulations and legislation related to the sector of activity: fiscal, social and environmental standards. Finally, the information system (Big Data management) is at the heart of its business. In addition, the performance of financial management tools, their improvement, and their development are the responsibility of the financial director.

The CFO must then have the following skills: leadership and openness to change. Also to be a Manager and a fine Negotiator. English can also be essential. Finally, mastery of management tools and compliance with standards are imperative. Without forgetting the sense of interpersonal skills and communication, and finally the risk appetite. The CFO must know how to observe and analyze the business environment. It offers solutions for adaptation, evolution to management to remain competitive and efficient. The ability to process information and analyze it in compliance with standards will be the advantage of the financial director.

Career and salary

Training

The necessary level of training is BAC + 5 with solid knowledge in taxation, mathematics, law and economics. English is essential, as London finance director recruitment is providing all relative training. The training paths that lead to these skills are: Accountancy, Business schools, Specialized Masters in finance offered by universities, engineering schools, which offer training in management and finance. The training is long supported by a solid professional experience.

Salary

The average monthly remuneration observed in PME PMI ranges from 4,000 to 7,000 euros gross. The range of remuneration depends on the position, experience, and industry. Management functions in large groups or listed companies bear witness to gross monthly remuneration exceeding 10,000 euros.

Evolution

The financial director can progress to a general management position. The creation of a consulting firm, or an accounting firm after having validated the DEC, allows the financial director to evolve towards the liberal path and to advise companies after significant professional experience.

Both responsible for the financial function and strategist with the General Management and the management committee, of which he is a member, the Group Administrative and Financial Director has become, in a few years, one of the major players in the management of companies. . He is at the forefront of internal or external development, supervises all reorganizations and often leads financial communication for each of the events in the life of the company.

Establish the corporate and consolidated accounts, of which it guarantees the conformity and reliability. Thus, depending on the size of the group, he oversees the financial directors of subsidiaries and / or divisions, an accounting director, a consolidation director, a management control director, one or more Shared Service Centers (where the general and auxiliary accounts of the various entities of the group are kept)