Every large company with an executive committee has a CFO. The CFO plays an important role in the organization because it is he who manages the financial aspect of the company. He must have knowledge about the company's cash flow, assets and liabilities, financial records, budgetary control, investments and stocks, among others. This may sound simple, but before the CFO can report to the executive committee whether the company is making or losing money, he or she must go through the various departments within the company that deal with finances, such as commercial, financial and accounting services. . Depending on the size of the company, the CFO will have varied responsibilities and a range of departments that he will oversee to ensure that he will be able to provide a transparent, accurate and truthful report on the financial position of the company. 'business. Strategic planning is a process in which the company will allocate its resources and focus its priority on creating a strategy that will meet the goals set by the company based on its mission and vision or future plans of evolution or expansion. This may involve changes in processes or plans aimed at making the company's operations more efficient or improving the overall status of the company. The main objective is to ensure that everyone in the company and its stakeholders are focused on common goals and that there is a set of realistic and achievable results or expectations that could lead the company to become better. This way, once the strategic plan is defined and implemented, its success can be easily evaluated. In this process, the chief financial officer (CFO) of a company plays an important role. As such, the CFO plays an important role in strategic planning of the middle of paper ......net profit of the company. Since Nestlé operates in different parts of the world, I need to be aware of the legal aspects or be able to delegate people who will carefully handle things in a way that the company is not subject to any legal discrepancies or disputes. This means not only including taxes and other responsibilities when considering the company's bottom line, but also being prepared to budget for the employment of legal and financial experts for each necessary region. Forecasting is also a critical role of the CFO. If there was an effective way to forecast over a given period, it would allow for better data analysis and comparisons between annual reports and minimize differences in projections for each period. Budgeting is subject to national products, which will reduce overly detailed data and repetitive budget revisions..