chief financial officer
- The chief financial officer, or CFO, is defined as the person who typically works closely with the Chief Executive Officer (CEO) and Chief Operations Officer (COO) and has the responsibility for a company's financials (profits, losses, expenses, etc.)
A person who is the head of finances at a company is an example of a chief financial officer.
The person responsible for the company’s finances, whose duties include producing financial reports; signing checks; and devising long-term financial plans, including capital raising activities. The CFO may also hold multiple positions including treasurer or controller.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.