The heart of any business are its day to day operations. It does not matter how sophisticated your evaluation and planning models are. Once a company is up and running the speed, volume, and the complexity of transactions can very quickly overwhelm an unprepared and inadequately trained financial staff. In any successful company all departments and staff must work in concert to produce exceptional financial performance. A versatile and knowledgeable financial manager is the person best suited to make sure the nuts and bolts of the company are operating effectively, thus freeing top management to develop product and produce revenue. The purchasing, building, and maintaining of business and financial systems are an important part of this process. It all culminates in providing management the best information to run their business. A good financial manager provides value to the company in operational areas beyond finance. It can also include human resources, treasury, facilities management, etc.

My experience as a CFO and Controller encompasses all of these areas. In all of the entrepreneurial ventures that in which I was involved, business systems and infrastructure had to be built from scratch. This also included developing employee benefit programs, establishing personnel and payroll guidelines, monitoring facilities build outs, and creating business policies. Constant monitoring is the key to making all of these ingredients work in concert that allows the company to grow to its full potential. Current technology gives the financial manager the freedom to operate from anywhere. This creates a tremendous opportunity for the business in that it is no longer required to have a full time financial manager and can realize significant cost savings without losing valuable expertise.

A company that has all of its components working together has the best chance of success. Having a strong financial manager is imperative to reaching that goal and that expertise is now available to all businesses regardless of size.