CFO Jobs in Mount Desert, ME
A Chief Financial Officer (CFO) in the banking industry plays a critical role in strategic planning, risk management, and financial reporting. They are responsible for managing the financial actions of the bank, tracking cash flow, and analyzing the bank's financial strengths and weaknesses to propose corrective actions. The CFO also oversees all financial functions including accounting, budget, credit, insurance, tax, and treasury. They ensure that the bank's financial reports are accurate and completed on time, and they also manage and monitor financial activities across different departments within the bank.
To become a CFO in the banking industry, a combination of education, considerable experience, and certain skills are required. They should ideally hold a degree in finance, business administration, or a related field, and a Master's Degree in Business Administration (MBA) or a Certified Public Accountant (CPA) certification is highly desirable. Important skills for a CFO include strategic planning, financial reporting, risk management, leadership, and strong communication skills. Before becoming a CFO, a person may have roles such as Financial Analyst, Controller, or Director of Finance. These roles provide the necessary experience in managing financial operations, creating strategies, and leading teams, which are crucial for the CFO role.
The CFO ensures that the financial management is aligned with organizational strategy and delivers what the organization needs to flourish....
Demographic Data for Mount Desert, ME
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Salary for CFO Jobs in Mount Desert, ME
Highest Education Level
CFOs in Mount Desert, ME offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a CFO position
- Microsoft Access
- Modeling
- Payroll
- Presentation
- Cost Accounting
- Month-End Close
- Accounts Payable/Receivable
- Financial Management
- Infor Lawson
- Implementation
- Cognos
- Essbase
- Accounting Software
- Cash Flow Management
- Consolidation
- Budget Planning
- Capital Planning
- Business Consolidations
- Controllership
- Budgets
- Year End Closing
- JD Edwards
- Financial Forecasting
- Treasury
- Corporate Finance
- Financial Operations
- Balance Sheets
- Variance Analysis
- Internal Control
- Financial Statements
- Financial Planning and Analysis
- Generally Accepted Accounting Principles
- Financial Modeling
- Financial Planning
- General Ledger
- Financial Analysis
- Financial Reporting
- Budget Forecasting
- Forecasting
- Finance
- Strategy Development
- Accounting
- Decision Making
- Prioritizing
- Auditing
- Strategic Planning
- Collaboration
- Budgeting
- Bachelor's Degree
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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