Chief Financial Officer (CFO) Goal Examples
Need inspiration setting Controller goals? Check out the examples below to get started.
Including contributions from CFO Connect.
See more Finance/Executive goalsIncrease confidence in forecasts
Better forecasting is the number one aim for CFOs according to the CFO Connect community members. Let's focus on increasing our confidence in forecasts.
Aim for real-time data
Processes like the monthly close mean that finance teams can be flying blind for the periods in between. Can we get the data we need instantly, without waiting for updates?
Reduce friction
Friction comes from the need to constantly harass other teams and so much of our finance team's time is wasted on data entry and other manual processes. Let's find ways to automate processes and reduce overall friction.
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Improve cash management
Regardless of the financial position our company is in, having a solid grasp on our cash management is incredibly important. This quarter or year, let's focus on improving our cash management.
Build a strategic plan and budget to hit targets
Letβs ensure we set ourselves up for success next year by building out a plan that sets every team up to hit and exceed targets.
Build and lead a world-class finance team
Build out a collaborative and effective finance team, and provide continuous coaching opportunities for everyone on the team.
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Fast and factual reporting to the team
The best plan in the world can get beat when the world changes. Letβs ensure our team is in tune with the financial results as they happen so teams can make adjustments as needed.
Implement a new one-on-one program across the team to foster better communications between managers and their direct reports
One-on-ones are a great opportunity to build trust, share feedback, and engage with each team member. They provide a dedicated time and place to discuss everything from roadblocks to career aspirations, letβs make them count.
Improve your management skills
Great managers keep their team engaged, high performing and retained. Even if you are already a great manager, there's always room for improvement. Letβs make a concerted effort to continue to listen, learn, and grow in our management skills and foster a culture of sharing and actioning on feedback.
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