Hello,
"Chief Accounting Officer" is another name for a chief accounting
executive, or vice president of accounting. A CAO's responsibilities
are as follows:
"Oversees all aspects of an organization's accounting function.
Responsible for planning and directing ledger accounts, financial
statements, and cost control systems. ... Performs a variety of
tasks. Leads and directs the work of others. A wide degree of
creativity and latitude is expected. Typically reports to top
management."
Source: Monster.com, "Top Accounting Executive,"
http://salary.monster.com/salarywizard/docs/salaryreport/mnstrjoblisthtmls/mnstrsrpjob_EX05000041.html.
While a chief accounting officer just handles accounting, a CFO is
theoretically in charge of all financial functions of a company.
According to Monster.com, this includes "accounting, budget, credit,
insurance, tax, and treasury." A company may have a VP of finance in
place of a CFO.
Source: Monster.com, "Chief Financial Officer,"
http://salary.monster.com/salarywizard/docs/salaryreport/mnstrjoblisthtmls/mnstrsrpjob_FA06000031.html
Monster's description of a controller is similar to the description of
a chief accounting officer:
"Responsible for directing an organization's accounting functions.
These functions include establishing and maintaining the
organization's accounting principles, practices, procedures, and
initiatives. Prepares financial reports and presents findings and
recommendations to top management"
Source: Monster.com, "Controller,"
http://salary.monster.com/salarywizard/docs/salaryreport/mnstrjoblisthtmls/mnstrsrpjob_FA06000023.html.
In fact, if you do a Google search on <Controller "Chief accounting
officer">, you'll find that the two positions are usually folded into
one. Also, the business dictionary "Wall Street Words" defines
controller and comptroller as "an organization's chief accounting
officer."
Source: Dictionary.com, "Controller,
http://dictionary.reference.com/search?q=controller.
A treasurer can be one of a couple of things. A treasurer may be the
official formally in charge of receiving and disbursing funds in a
company's name. He or she would be appointed by and answer to the
board of directors.
A treasurer might also be, like a controller, someone who reports to
the CFO. According to the business-education site The Working Manager:
"Typically, the CFO will have two important people reporting to him or
her - the Treasurer and the (Financial) Controller. Broadly speaking,
the former is more concerned with formal accounting and in particular
the management of loans and their repayment, while the latter is more
concerned with management accounting - budgeting, financial and
activity reporting (often with IT) and financial planning."
Source: The Working Manager, "CEO, COO and CFO,"
http://www.theworkingmanager.com/articles/detail.asp?ArticleNo=157.
Also see: U.S. Department of Labor, "Financial Managers," 29 June
2004, http://stats.bls.gov/oco/ocos010.htm.
I hope this answer meets your needs. If not, please request clarification.
Search strategy:
chief financial officer controller treasurer
://www.google.fr/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2003-34,GGLD:en&q=chief+financial+officer+controller+treasurer
corporate titles chief accounting
://www.google.fr/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2003-34,GGLD:en&q=corporate+titles+chief+accounting
corporate titles "chief financial officer"
://www.google.fr/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2003-34,GGLD:en&q=corporate+titles+%22chief+financial+officer%22
corporate titles controller
://www.google.fr/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2003-34,GGLD:en&q=corporate+titles+%22controller%22 |
,
0 Comments
)