Responsibilities and Person Specifications of CFO Role Analysis

This report delves into the multifaceted role of a Chief Financial Officer (CFO), examining the key responsibilities, person specifications, and required skills for success. It begins by defining the CFO's core duties, including financial management, forecasting, and reporting, and then explores essential ...Read More

Personality development
and employability

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Responsibilities and person specifications of job role and discussing self assessment tools .....1
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Personality development and employability refers to improvement in individual ability
and helps in succeed in life and career options increased in order to gain the skills and
knowledge (Ciesielkiewicz, 2019). It covers up all development in traits and characteristics that
helps in development of employees. In this report the job graduate level is financial manager or
CFO which is responsible for giving the financial guidance and support to clients. It is being
discussed about the main responsibilities and specifications with the help of self assessment tools
and reflection on this education journey. Apart from that knowledge, skills and support that need
to perform the following job position is being discuss.
MAIN BODY
Responsibilities and person specifications of job role and discussing self assessment tools
Financial manager is also known as CFO (Chief Financial Officer) and senior executive
that is responsible for managing the financial actions of company. It has duty that include the
managing the cash flow and plan the financial activities of company and also analyse the
financial strength and weaknesses and take corrective actions. To reach at this level it is
necessary to have some skills and responsibilities that required to perform and fulfil them
effectively. I learned some skills and qualities that helps in performing this Job role and achieve
this in order to get the best results. Some responsibilities that CFO acquired and are as follows-
 It is part of executive management team, it used to interact with all department in order to
coordinate the activities with both senior and junior in company. So, during my education
journey I learned that to communicate with other employees of company is important and
maintaining the good relationship with every is essential.
 Finance manager provides the leadership, direction to all the finance and accounting team
in order to tell them about the task that need to perform (de Schepper, Sotiriadou and
Hill, 2020). It used to guide the employees and lead them on the project. I learned the
leadership qualities and which I found really helpful in my career and will be very useful
in my future growth.
 Finance manager helps in managing the financial forecasting and budgets and overseeing
the preparation of reports to facilitates in making right decision. It comes with great
responsibility and take major and necessary action that require in organisation. I learned
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about different budgets and oversee financial reporting and it gives me an idea about how
things goes in the company. But I am not able to execute this responsibility effectively
and lacking behind this to make the financial reports.
 Taking long-term advise to business and financial planning to enhance the future
opportunities and growth for organisation and building strong base for future uncertainty.
It helps me in developing the quality of taking effective decision and improve capability
to face the different situation (Gerryts and Maree, 2019). As, I did not able to perform
this responsibilities and face certain issues and problems regarding this education
journey.
 It undertakes to review the formal finance report in HR and IT related procedure and
carrying out the all functions and activities according finance. It gives me knowledge
about how finance is related to other department and experience of different department .
 It establish and develop relations with senior management and external partners and
stakeholders to tell them about the company financial position and maintaining the
effective formal relationship. It gives me an idea about the importance of stakeholders
and external partners for organisation to fulfil the requirement of company.
Person specifications refers to attributes that need in employee to perform that task effectively. It
is related to job description but with more specific manner. This include qualification, skills,
experience and knowledge which required to accomplish job duties. Some employees are using
person specifications to build their strong competencies. In the CFO there are roles and
responsibilities that needed to have in job role are as follows-
 The traits and job requirement needed is to engage in finance committee and board of
director to discuss the financial planning for company. This duty and job description in
CFO is very important and maintaining the form portfolio. To fulfil this the skills and
quality that require in this job role cannot perform by me and I has to develop this skills
to perform the task.
 The main duties of CFO is to undertake the risk management duties and plan it in order to
achieve the objectives and goal of organisation (Kaushal and SVNIT, 2020). It has some
important sources that require in this to evaluate the risk factors and other consequences.
It is important to fulfil the effectiveness of organisation performance and I has to develop
this skill to accomplish this task.
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 To analyse and manage the organisation's liabilities and investment portfolio and
fulfilling the needs and requirement of company. It is being necessary to satisfy the
effectiveness and reliability that comes with great responsibility to satisfy the need of job
role. I required to develop this skill to perform the task as it is necessary to has this and
will helpful in my future growth.
 To determine the KPIs in finance procedure is important to monitor different function
and check the certain parameters that needed to execute different functions. It is being
necessary for finance manager to perform various task with other responsibility. It is
important to ascertain KPIs that will affect the performance of finance department. I
required to develop this quality to fulfil the requirement of organisation and it helps in
identifying the key parameter indicators that develop effectiveness through determining
this areas. The importance of this is increasing day by day as every firm need to find out
these KPIs and control them in appropriate manner.
 To adhere to the laws and company's policies in order to fulfil the legal requirement for
company. If this does not done in proper way than it will be very difficult to overcome
the situation. To follow all rules and regulation of government laws and policies to
provide smooth functioning in working progress and will generate effectiveness in
company (Khedher, 2019) (Maxwell and Armellini, 2019).
 To track and ensure the cash flows that is appropriate and sustainable to the work
progress. It is necessary for me acquired this skills and maintaining the proper assessment
of company cash position to determine the financial position of organisation and
maintaining the sufficient balance. To fulfilling the responsibility of taking long term
decision I need to acquire this skill and quality to effectively perform the different task.
 Preparation of current reports, as this essential to carry out the function of managing the
different financial reports and forecasting them is necessary to fulfilling the objectives of
firm. It gives the clear idea to the organisation that what need to perform and what is the
thing that need to cover to satisfy the objective of company. This duty is necessary for
CFO to do properly and maintaining the record of all reports (McDonald, and et.al.,
2020). I has to learned this skills to execute the responsibility of overseeing the financial
report which I am not able to acquired. This quality is necessary in every financial
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manager to perform this task and has different criteria to effectively fulfil this
requirement.
 Maintaining and supervise the financial advisor, financial consultant and treasures to
control various parameters that comes in this department (Terzaroli and Oyekunle,
2019). To monitor various sources is necessary in this job role. The duty and
responsibilities of them to properly execute the functions and activities of different
department under one supervision. All financial responsibilities comes under CFO and it
is duty of him to regulate all this appropriately. I required to develop this quality and skill
to execute this efficiently to accomplish the task effectively.
 Managing and retaining the relationship with various vendors and external factors. It is
necessary to establish proper communication with different people as they control major
results or outcome for company and it effect the profitability and efficiency of
organisation (Santos, 2020). To acquire this skill will help in fulfilling the effectiveness
of performance in overall perspective and helps in building good image of company in
front of external factors. They are very importance for the point of success of company as
for that I had to develop this skills and quality to fulfil the requirement of this job role
and it is important to identify the proper sources and main potential of company and
achieve this to attain the main objectives of organisation.
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Curriculum Vitae
Name- Dorina Fanea
Contact no.- 9854245545
E-mail- [e-mail]
Objective
Self-motivated and highly efficient in many function to perform certain objectives in company.
Seeking for the effective finance position at company and explore new opportunities in this
field. Need to use my skills set and ability and perform at better position and developing the
effective outcome for company. Developing the better outcome for company through using my
best of knowledge.
Educational Qualification
Master in Business Administration from University of Maryland
Technical Skills
 Accounting knowledge of many reports and budget.
 MS Excel
 Business process Management- It is discipline in which it use various methods, models,
analyse and measuring the important business process. I
 Vendor management and maintaining- It include the process that empowers organisation
to take appropriate measure to control the cost (Zakaria and Alhassan, 2019).
 Financial Modelling- It helps me to undertake the different reports and analyse them
effectively.
 Strategic performance management techniques
 Concept of sales and marketing used in finance department
 Strategic planner – I am efficient in planning the strategies according to the different
situation and applied it on proper manner to reduce the risk in decision making.
 Analysing the situation- I have this ability to analyse the financial situation to overcome
the situation and maintaining the effectiveness in company and provide best solution to
company to enhance in their productivity.
 Teaching ability- I can effectively communicate to different people and make them
understand the things.
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 Forecasting and making budget- I possess this skill and used to done in college time and
my past experience and fulfilling the main objective of organisation.
 Time management- Managing time to reduce the ineffectiveness in organisation and
maintaining the effectiveness in company.
 Critical thinking- Logic and reasoning ability to identify the strength and weaknesses of
situation and finding the alternative to the problem.
 Negotiation- Effective communication between the different behaviour and building the
relationship with others and I posses this skill as I done certain events in college.
Work History
Assistant to CFO
 Maintaining accounting system and different process and helps in meeting the business
needs.
 Regulate all the important financial activities and function to check the essential task
and undertakes necessary target that required to achieve.
 Forecasting the budgeting and helps the Finance manager to complete all core and
necessary task. I also facilitate them to carry out the decision making process that helps
in making budget and other work.
 Formulate and integrate all journal, Ledger and regulate the charts of accounts and put
them into resourceful task.
 Monitoring the financial statement and facilitates in proper functioning of different
method and develop the targetted plan and policies.
 Prepared and filed certain Tax that include VAT, Income TAX and other payroll that is
necessary in making payment for different clients and individual.
 Coordinate with different department of organisation such as HR, Finance and
Marketing and Operations.
Date- 8 January 2021
Place- England, UK
Cover letter
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Ms Dorina Fenia
ABC Corporation
Dear Mrs
Application of role of CFO
I would like to apply the role of Finance Manager in your company that you have advertised in
newspaper. I found it beneficial for my job role and please my attached my CV with details of
qualification and work experiences.
I possessed certain qualities and skills set which matches with this job role and maintaining the
payroll, sending the invoice and bank reconciliation. I have experience of controlling the
different financial reporting and budget and also forecasting them according the situation. I was
involved in many activity and done major project and fulfilling the different task and target for
the organisation. It gives me lots of experience and knowledge and want to explore more further
and gives best output to your company. I was looking for better opportunities and want to
experience new challenges that will help me in future growth.
I enjoy working in the finance field and looking forward to build long career in chosen area and
I find that I want to continue my future journey with your company. I believe that company will
gain me experience and helps in learning more about my Job role. I make sure I continue to give
my best output and put my all efforts in the success of company. I have received better output
from my previous work experience and through using my existing knowledge and experience I
give all efforts to company. I will be grateful for you if you will consider me for this job
position.
Please find the attached CV, If any further questions regarding my skills and qualification than
you can contact me for any further issues and any kind of information you required. Please
contact me for any further information (Neneh, 2019).
Thank you for taking the time to read letter and CV and hoping for positive response from your
side.
Your sincerely
Dorina Fanea
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CONCLUSION
From the above report it is concluded that Personality Development and employability
refers to development of personality and building the effectiveness in individual trait and
characteristics. This is necessary to build certain attributes in order to achieve in the goals in
their career and every one has different features and characteristics to fulfil and accomplish the
task. In this report it is studied about job role of specific position and its requirement and how it
is essential to complete the task. Apart from that person specifications has studied where need
and requirement of duties and skills has been discussed and what responsibilities needed to
perform to accomplish the required task. At last the CV and Cover letter has been prepared for
specific job role and analyse its requirement and need for the company.
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REFERENCES
Books and Journal
Ciesielkiewicz, M., 2019. Education for employability: the ePortfolio from school principals’
perspective. On the Horizon.
de Schepper, J., Sotiriadou, P. and Hill, B., 2020. The role of critical reflection as an
employability skill in sport management. European Sport Management Quarterly, pp.1-
22.
Gerryts, E. W. and Maree, J. G., 2019. Enhancing the employability of young adults from socio-
economically challenged contexts: Theoretical overview. In Handbook of innovative
career counselling (pp. 425-444). Springer, Cham.
Kaushal, U. and SVNIT, S., 2020. EMPLOYABILITY SKILLS. Hindu.
Khedher, M., 2019. Conceptualizing and researching personal branding effects on the
employability. Journal of Brand Management. 26(2). pp.99-109.
Maxwell, R. and Armellini, A., 2019. Identity, employability and entrepreneurship: The
ChANGE framework of graduate attributes. Higher Education, Skills and Work-Based
Learning.
McDonald, P., and et.al., 2020. Navigating employability from the bottom up. Journal of Youth
Studies. 23(4). pp.447-464.
Neneh, B. N., 2019. An empirical study of personality traits, job market appraisal and self-
perceived employability in an uncertain environment. Higher Education, Skills and
Work-Based Learning.
Santos, G. G., 2020. Career boundaries and employability perceptions: an exploratory study with
graduates. Studies in Higher Education. 45(3). pp.538-556.
Terzaroli, C. and Oyekunle, Y., 2019. Career service as a measure to support employability: a
comparison between the university of florence and the university of lagos. Andragoška
spoznanja: The Andragogic Perspectives. 25(1).
Zakaria, H. and Alhassan, Y. N., 2019. Tertiary students’ perceptions about their prospects of
employability: the case of students in Ghana. Africa Education Review. 16(5). pp.134-
157.
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