Certain credentials and skills are normally needed to become a successful CFO. A strong educational foundation in accounting or finance is required, and professional designations like Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) are frequently added on top of that. It's also essential to obtain a ton of expertise in risk management, strategic planning, and financial management. A great CFO must also possess strong analytical capabilities, leadership traits, and exceptional communication skills.