This job description template can be used for the CFO (Chief Financial Officer) role in a mid-sized Australian or New Zealand organisation. If your business needs to find efficiencies that will save you time and money, HR digitisation and automation will help you streamline the entire employee lifecycle. Ready to transform your recruitment process? Everything you need to get started is available to you on this page.
Organisational Profile 'Your Organisation'
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Mid-sized organisation.
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Budget between $10 million and $40 million.
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Relatively straightforward financing
In this sample job description for a Chief Financial Officer (CFO), for a mid-sized Australian or New Zealand organisation in which the CFO takes responsibility for a broad span of functional areas.
Sample Position Description
'Your Organisation'
Chief Financial Officer (CFO)
Your Organisation: Vision / Mission
The mission of 'Your Organisation' is:
'Your Organisation' serves more than X people nationally each year and has a budget of $Y million.
Please visit www.yourorganisation.com.au to learn more.
Position Description - Your Organisation: Chief Financial Officer (CFO)
Reporting to and partnering with the CEO, the chief financial officer (CFO) will set 'Your Organisation’s' financial policy and direction while also being an active participant in, and driver of, the organisation’s overall strategy. You will lead all financial administration, business planning, and budgeting. As a member of the senior leadership team, the CFO will work closely with a motivated and engaged finance and governance committee of the board of directors.
The CFO will lead 'Your Organisation’s' finance, human resources (HR), and information technology (IT) staff.
Specific responsibilities include:
Chief Financial Officer - Your Organisation: Strategy
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Develop the financial well-being of 'Your organisation' by providing financial projections and accounting services, preparing growth plans, and directing staff.
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Accomplish finance and human resource strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counselling, disciplinary, and communication programs; planning, monitoring, appraising, and reviewing job contributions; and planning and reviewing compensation strategies.
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Develop finance organisational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with organisational objectives.
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Partner with the CEO on all operational and strategic issues as they arise; provide strategic recommendations to the CEO based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
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Participate in the ongoing strategic planning process as an integral member of the senior management team.
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Oversee long-term budgetary planning and cost management in alignment with 'Your Organisation's' strategic plan.
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Engage senior management and department heads to align financial management with short- and long-term financial planning and projections.
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Engage the Board around issues, trends, and changes in the operating model and operational delivery.
Chief Financial Officer - Your Organisation: Financial and Operational Management
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Oversee budgeting, and the implementation of budgets, so as to monitor progress and present operational metrics both internally and externally.
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Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds.
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Oversee the preparation and approval of all financial reporting materials and metrics for 'Your Organisation's' board of directors; prepare and communicate monthly and annual financial statements.
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Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
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Coordinate all audit activities.
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Evaluate and oversee all benefits negotiations, thus providing the most competitive packages for 'Your Organisation's' employees.
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Review all formal finance, HR, and IT-related procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward.
Chief Financial Officer - Your Organisation: Team Management
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Develop and manage direct staff, to include managers in finance, HR, and IT; guide larger multidisciplinary teams outside of direct span of control.
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Engage other members of the senior management team to facilitate cross-department collaboration that ensures that all financial, IT, and HR solutions positively support 'Your Organisation’s' evolving strategy, operational delivery, and data collection needs.
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Provide guidance on attracting and developing key national team members for 'Your Organisation.'
Work Hours & Benefits
Discuss the working hours and benefits specific to 'Your Organisation.' Share company policy/ies about work from home and support staff options. Focus on the benefits that set you apart, such as stock and ownership options, paid parental leave, or corporate travel accounts.
Chief Financial Officer - Your Organisation: Qualifications
The CFO will be a seasoned and mature leader with at least 12-15 years of broad finance experience, ideally beginning in audit, followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. You will ideally have experience managing finance (accounting, budgeting, control, and reporting), HR, and IT for a mid-sized organisation.
The CFO will have the following experience and attributes:
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MBA or bachelor’s degree in business, finance, accounting, or equivalent experience.
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Master’s degree preferred.
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Certified Public Accountant certification a plus.
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At least 10 years' experience in the finance industry and managing a team is a must, including examples of demonstrable excellence in the workplace.
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Mature and proactive, with evidence of having worked as a true business partner to the chief executive of a similar sized organisation.
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Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting.
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Skill in examining, developing, reengineering, and recommending financial, HR, and technology policies and procedures.
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Strong analytical skills and experience interpreting a strategic vision into an operational model.
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A collaborative and flexible style, with a strong service mentality. Needs to be seen as a team player who is committed to lifelong learning.
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A hands-on manager with integrity and a desire to work in a dynamic, mission-driven environment.
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An effective communicator, with strong oral and written skills.
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Strong commitment to developing team members.
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Proficiency with accounting software, word processing, and spreadsheets.
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Demonstrated commitment to the industry with a passion for 'Your Organisation’s' mission is essential.
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