Chief Financial Officer - Job Description and Qualifications - Joseph Michaels International
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Chief Financial Officer - Job Description and Qualifications - Joseph Michaels International
When it comes to securing top-tier talent, working with a Chief Financial Officer - Job Description and Qualifications can be a game changer. Call 800-786-1099.
Jul 6, 2011
Chief financial officer CFO Responsibilities
From one Statistical CFO to another, you need to be forecasting with Monte Carlo Simulation. Here’s why: Forecasting is one of the most critical responsibilities of a Chief Financial Officer, yet the inputs necessary are inherently volatile. Sales fluctuate based on social and economic forces. Expenses fall within ranges that shift quarter to quarter. Each on its own is hard to predict, but combining them to produce reliable profit forecasts is even harder. Our Statistical CFO's solution? Monte
0:53
From one Statistical CFO to another, you need to be forecasting with Monte Carlo Simulation. Here’s why: Forecasting is one of the most critical responsibilities of a Chief Financial Officer, yet the inputs necessary are inherently volatile. Sales fluctuate based on social and economic forces. Expenses fall within ranges that shift quarter to quarter. Each on its own is hard to predict, but combining them to produce reliable profit forecasts is even harder. Our Statistical CFO's solution? Monte
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