| | OCTOBER 20234Being good with numbers is not the only qualification required for a modern-day Chief Financial Officer. Sony Group recently elevated its 58-year-old CFO Hiroki Totoki to a position overseeing all operations, a move that splits the burden of running a Japanese giant spanning everything from chips to movies to insurance. It once again proves that Modern-day CFOs are not just number-friends but direct growth contributors with diverse business skills.While this additional business aspect has become a role necessity, the investors will continue to demand growth and profitability simultaneously. Hence, CFOs, while comprehending that they are perceived as direct growth hackers, must find ways to ensure shorter timelines and intact quality with lower costs. That means coordinating with other C-suite executives, reimagining work, and tech-enabling the organization. They must build business strategies that deliver sustainable outcomes quickly reflected in profit and loss (P&L) statements.Well, while digitalization is a way of doing business rather than a one-time investment, CFOs must ensure that they find tangible benefits and monetize investments in digital technology. Indeed, many of these technologies, some of them in early development, are already creating significant impacts. The mantra for the automotive CFOs is taking that leap of faith. However, they need team members who are not only skilled in accounting, auditing, and compliance but also understand data visualization, are flexible thinkers, possess good communication skills, and, most importantly, have a lot of business sense. We dedicate this special issue to the excellent CFOs in Japan.Sujith VasudevanManaging Editoreditor@ceoinsightsasia.comEditorialModern-day CFO is Not Just About Being Good with Numbers Vol 04 · Issue 4-5 · OCTOBER, 2023 Publisher Alok Chaturvedi Manager - DesignPrabhu Dutta A.R.N Ray Noida Rohit Raghubanshi Akshay Shettyadvertise@ceoinsightsasia.comEditorial queries editor@ceoinsightsasia.comTo subscribeVisit www.ceoinsightsasia.com/subscribe/ or send emailto subscription@ceoinsightsasia.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Designer Tushar DasVP - Sales & Marketing Abhay Katiyar Circulation Manager Magendran Perumal Editorial Team P. Tejaswini Nalini Brahmanapalli Roshan Akthar Managing Editor Sujith Vasudevan Assitant Editor Hima P M
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