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Business English vocabulary · Company Structure

CFO

Meaning in business english, with examples

/ˌsiː ef ˈoʊ/abbreviationCommon term

In business english, CFO means: Short for chief financial officer: the senior executive responsible for a company's money, including budgets, accounts, reporting and financial risk.

In Turkish: finans direktörü, mali işler direktörü, CFO

How it is used

Part of the C-suite, with the CEO, COO and CTO. The CFO usually reports to the CEO and presents results to the board and investors. Big spending decisions often need 'sign-off from the CFO'.

Example sentences

  1. The CFO will present the annual results to investors on Tuesday.

  2. Any purchase over 50,000 euros needs the CFO's approval.

Common collocations

  • the company's CFO
  • CFO approval
  • report to the CFO
  • interim CFO
  • CEOShort for chief executive officer: the highest-ranking manager in a company, responsible for its overall strategy and results.
  • C-suiteThe group of a company's most senior executives, whose job titles usually begin with 'chief', such as the CEO, CFO and COO.
  • budgetThe amount of money that a company, team or project plans to spend over a period of time, or the plan that shows this.
  • board of directorsThe group of people elected by a company's shareholders to oversee its management and make major decisions, such as appointing the CEO.

More terms: Company Structure

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