A CFO career path is among those that can enable an accounting or finance professional to achieve a top job of leading a company’s financial operations and the general development of the company. The first step in becoming a chief financial officer in a great organization requires one to gain broad financial experience acquired from fundamental studies of the career (Ojeka, Adegboye, Adegboye, Alabi, Afolabi, & Lyoha, 2019). As the CFO, an individual has to expand the business and operational experience and widen their customer experience. Also, the CFO has to increase their knowledge of technology to save the privacy of their organization. Finally, an individual has to consider the treasury position and prepare to take on expanded roles.
An applicant for the position of CFO in a nonprofit organization should have successfully pursued a bachelor’s degree in economics or business administration. Additional education such as CPA or CFE is essential in guaranteeing the applicant on the position (Ojeka, Adegboye, Adegboye, Alabi, Afolabi, & Lyoha, 2019). I was a previous student in a prestigious university, pursuing a bachelor’s degree in business administration. I am yet to graduate in a week with first-class honor. Additionally, I have been attending CPA classes in the previous years and am currently in section six. I am expecting to sit for exams in my last section in two months as I complete the course. In preparations for the exam, I will ensure to cover all areas learn in class and essential concepts relating to each unit. Sufficient revision will enable me to enter the exam room with an open mind. I believe that the certificate in the CPA course is essential in assuring me of a position of a CFO in any nonprofit organization of choice.
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After the successful completion of the two different courses and graduation, I am expecting to apply for a job as a CFO in American Civil Liberties Union Foundation. As a CFO, I am supposed to oversee cash flow planning, prepare and review budgets, and track operation metrics (Ojeka, Adegboye, Adegboye, Alabi, Afolabi, & Lyoha, 2019). I will apply for the position of chief financial officer in the institution upon successful completion of my CPA course. Most organizations set CPA or other recognized professional paths as a fundamental requirement for an applicant in my desired position. Therefore, I will apply for the position for about one week before completing my exams. To ensure that the company hires me, I will ensure to conduct in-depth research on the company to be familiar with the essentials. I expect the company to hire me based on my excellent educational background along with a strong personality, which will be supported by the knowledge of the company.
According to my research, the current CFO is about to retire, which assures me that the position will be left vacant in the future. Upon retiring, there are particular measures the organization will take to ensure they have a reliable and trusted financial officer. They might decide to promote a participant of the organization with an exceptional performance or hire a financial officer from outside the organization with familiarity in the field. Since I do not have any experience in the position of a financial officer, I will apply for an internship in the organization, which will offer the prospect for me to learn more about the establishment and the target position. I will ensure to provide excellent work to enable me to achieve my desired position along with my strong educational background. I believe I will finally arrive at my destiny through the above step.
Reference
Ojeka, S. A., Adegboye, A., Adegboye, K., Alabi, O., Afolabi, M., & Lyoha, F. (2019, June). Chief financial officer roles and enterprise risk management: An empirical based study. Heliyon, 5 (6).
