A CFO, or Chief Financial Officer, is one of the senior corporate officers accountable for overseeing and managing the financial risks of a corporation. They are usually in charge of financial planning and record-keeping. A CFO may also be called a finance director (FD). The CFO reports directly to the CEO. CFOs oversee cash flow, performance, liability, partner and shareholder relations, and budgets/expenses. They also monitor the Accounting, IT, Finance, and HR departments. On a given day, a CFO may spend time checking on the accounting staff, monitoring cash flow and management, and meeting with the CEO and other leaders. CFOs typically have a bachelor’s or master’s degree in finance and several years of relevant leadership experience in the finance sector.