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The difference between financial manager and chief financial officer
1. They have different responsibilities, and the chief financial officer is the superior of the financial manager. The chief financial officer should participate in the analysis, demonstration and decision-making of the company's large investment projects, and the financial manager is mainly responsible for the internal affairs of the department.

2. The requirements of the two are different, and the requirements of the chief financial officer are higher. If the company has a large scale and many departments, the position of chief financial officer will be set up, and then the financial manager will be set up below; If the company is small, it is enough to set up a financial manager.

3. Their salaries are different. In the same company, the salary of the chief financial officer is higher than that of the financial manager.

Extended data:

Responsibilities of the financial manager:

1, fully responsible for the daily management of the finance department;

2, organize the formulation of financial management system and relevant regulations, and supervise the implementation;

3. Formulate, maintain and improve the company's financial management procedures and policies, and formulate annual and quarterly financial plans;

4. Responsible for preparing and organizing the implementation of financial budget reports, monthly, quarterly and annual financial reports;

5. Be responsible for the company's overall fund allocation, cost accounting, accounting and analysis;

6, responsible for the management of funds and assets;

7. Monitor major economic activities that may cause economic losses to the company;

8. Manage the relationship with banks and other institutions;

9. Assist the CFO to carry out communication and coordination between the Finance Department and the inside and outside;

10. Complete other routine work assigned by the superior.

Competency requirements of the chief financial officer:

1. Have comprehensive theoretical knowledge of accounting major, modern enterprise management knowledge, and be familiar with financial laws, regulations and systems;

2. Familiar with financial related laws and regulations, investment, import and export trade, corporate financial systems and processes;

3. Participated in the analysis, demonstration and decision-making of large investment projects;

4. Familiar with tax policy, operation analysis, cost control and cost accounting;

5. Rich experience in financial management, fund planning, financing and capital operation;

6. Good oral and written communication skills.

References:

Baidu Encyclopedia-Financial Manager

Baidu encyclopedia-chief financial officer (CFO)