Warren Buffett has some famous financial advice—“Rule number 1: Never lose money. Rule number 2: Never forget rule number 1.” It sounds simple, but finance leaders like CFOs and Finance VPs know the reality is much more complex. Finance as an enterprise function is about maintaining a company's financial health while balancing three key goals: profitability, liquidity, and a strong balance sheet. Each of these requires careful management and collaboration across the organization.
In this primer, we’ll break down the essentials of running a large-scale finance function, including the key activities, roles, metrics, and technologies that support it all.