A Chief Financial Officer (CFO) is a very senior executive who reports to the top level of management in an organisation. The CFO’s main responsibilities are oversight and review, strategic direction setting, and planning for future business development. Their primary function is being accountable for financial performance. In a typical use case, CFOs help small businesses ensure that their budgets are properly balanced, overhead is managed correctly, and that all business tax requirements are met for the year. Although many CFOs are hired for full-time employment, others serve in part-time or contractual roles. For younger businesses just beginning their commercial journeys, outsourcing CFO services could reduce unnecessary expenses, improve strategic forecasting, and significantly smooth the tax planning process.