Higher-level positions that focus primarily on financial management typically include controller, treasurer, vice president of finance, and chief financial officer. The controller is typically charged with accounting and auditing functions and financial planning. The treasurer is charged with obtaining capital for investments and investing cash in other assets of the business. Often the vice-president for finance oversees the activities of the controller and the treasurer. The CFO has authority over all of the firm's financial decisions, authorizing appropriations and expenditures.
Compensation is performance-oriented incentive.
Obtain financing for investment projects that is consistent with the firm's target capital structure and considers market conditions and the costs of capital. Analyze project appropriation requests, examining project information for compliance with company capital budgeting procedures and providing a recommendation report for capital projects. Analyze projects placed in service for deviations from budget. Analyze past periods' revenues and forecast future revenues for budgeting and planning purposes. Manage tax compliance activities so that the company complies with all domestic and foreign tax jurisdictions.