Full list of finance director tasks — from management reports to strategic negotiations. Plus concrete breakdown: which duties get replaced by management system.
CFO (Chief Financial Officer) is the English title for finance director — one of the most important roles on the executive team. CFO is responsible for strategic management of company finances and translating financial data into business decisions.
Role requires both deep financial expertise (accounting, controlling, corporate finance, tax law) and strategic and communication competencies (ability to communicate with CEO, board, banks, investors).
Percentage time allocation of typical CFO in 30-100 employee company:
Weekly/monthly reports for CEO and board: P&L, balance sheet, cash flow, top cash leaks, industry alerts, strategic and operational KPIs.
13-week rolling forecast, receivables monitoring (DSO), payables management (DPO), bank negotiations for credit lines and factoring.
Margin analysis per product/project/location, leak identification, cost structure optimization, CAPEX allocation, make-vs-buy decisions.
Annual budget, 3-year plan, scenarios (best/base/worst case), business case for new products/locations/acquisitions.
Banks (credits, factoring), investors (VC, angels), key clients (contract terms), strategic suppliers, M&A (acquisitions, company sale).
Annual audit preparation (auditor), cooperation with tax inspection, reporting to supervisory board, due diligence at fundraising/exit.
Analysis area by area — what can really be automated:
Summary
The system (Inratio) handles ~70-80% of daily CFO workautomatically. For the remaining 20-30% (strategy, negotiations, M&A) you have a CFO and finance team available continuously — included in your subscription, advising on an ongoing basis, not billed per project. Total: ~95% of CFO value at a fraction of an in-house CFO's cost.
CFO (Chief Financial Officer / finance director) is responsible for 6 areas: (1) management reports and KPIs, (2) cash flow forecast and liquidity, (3) cost and margin controlling, (4) strategic planning and budgeting, (5) negotiations with banks, investors, key clients, (6) compliance — audits, tax inspections, reporting to board/supervisory board.
Chief accountant is responsible for the PAST — books, statements, taxes, social contributions, JPK, KSeF. CFO is responsible for the FUTURE — what we'll do next quarter, how to earn more, where to invest. In smaller businesses (5-30 employees), chief accountant often performs some CFO tasks, but rarely has time for strategy.
No. CFO doesn't do accounting — that's the chief accountant or accounting office. CFO READS accounting results (P&L, balance sheet, cash flow) and translates them into business decisions. CFO without accountant = pilot without navigation. Accountant without CFO = navigation without pilot.
Full-time CFO: 40-50h/week. Of which ~40% management reports, ~25% strategic planning, ~15% negotiations (banks, suppliers, clients), ~10% board meetings, ~10% controlling and compliance. In practice for companies with 5-50 employees, ~50-70% of this work can be automated by management system.
System (Inratio) replaces: weekly management reports, KPI tracking, 13-week cash flow forecast, industry alerts, document audit trail. For strategic decisions (M&A, expansion), bank negotiations, due diligence, board mentoring you have a CFO and finance team available continuously — included in your subscription, not billed per project or per hour. The system handles the operational work; the people advise on an ongoing basis, all for a fraction of an in-house CFO's salary.
14 days Pro free. Setup 10 minutes. First report next Wednesday.
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