But since this plan talks about spending big bucks the CFO is the man that makes the final decision. Then there is a plan called tactical plan they are very detail but is last for a business cycle are one year. Last there is standing plans is a plan that tells everybody in the company how we handle certain things. In this case it would be the financial part of a business. Also as a CFO he has the opportunity to tell someone under him to draw up a plan and the decided.
The budgeting part is important to the CFO because this is how a business spends their money in the future and now. Budgeting represents the cost of doing things in order to achieve objectives. One the top managers figure out what they want to do then that is when dollar figures take place. Budgeting is best done by dividend it up in three or four quarters. The budget is a document that reflects the activities that the business is going to be engaging in thin year using cash. The goal is to spend cash and make more than the business spend. The Chief Operations Officer's (COO) duties and responsibilities consist of directing the overall daily operations of the company such as data entry, billing, credit and collections, finance and accounting, and information systems. Developing and managing annual budget for the company and performing periodic cost and productivity analyses. I implement short and long term goals, objectives, policies, and operating procedures, to make any changes necessary for improvements. I also report on administrative aspects of operations to senior administration, not to mention several other miscellaneous jobs related duties as assigned.
With a bachelor degree and 10 years experience directly related to the duties and responsibilities that are specified. Working with a wide range of constituencies in a diverse workplace gives me the ability to communicate effectively, both orally and in writing.
