In the current business world, a CFO's responsibilities go beyond bookkeeping to include assisting in the expansion of the company. In the technologically driven era, financial leadership trends involve a constant dual struggle to support and company decisions with the CFO's growth strategies. In addition to serving as the board's top financial steward, the CFO advises the board and directs overall strategy and expansion. CFO-driven innovation for growth skillfully manages cost reductions, drives revenue growth, and steers organizational sustainability while juggling the roles of an operational leader and strategist. Having a thorough understanding of the business is crucial. Let’s delve into the CFOs gearing up for growth in 2025.

Vipul Agarwal, CFO, Ecom Express

When interacting with CEO insights Vipul says, “The staff under the CFO is tasked with handling accounting, financial reporting, and controllership, but the CFO is unquestionably ultimately responsible and owns the company. They are directly responsible for the crucial duty of assembling a qualified team. Their proficiency with important data, trends, and unit economics is equally important since it enables them to have information at their fingertips.”

“A CFO must also possess the critical skill set of proficient risk assessment, prompt identification, and effective stakeholder communication. Their capacity to use technology to improve and expedite corporate procedures is equally crucial. An agile CFO essentially takes on a lot of duties. They keep a close eye on balance sheets, profit and loss statements, and liquidity management while guaranteeing the fundamental cleanliness of controls and compliance. A CFO has several duties, including keeping abreast of rules, communicating effectively with stakeholders, and being adaptable while participating in real-world activities like leading teams through intricate reconciliations,” adds Vipul.

Mayuresh Pate,  Chief Financial Officer, Cimmra

“Transparency and teamwork are at the core of my leadership style. I genuinely think that my team members should be empowered and allowed to add their special talents and perspectives to our common objectives. I try to establish a healthy workplace culture by encouraging an atmosphere where everyone feels appreciated and inspired. I also understand that any organization's success depends on its financial performance. I give this top priority by stressing to my staff the value of productivity and resource management. I help my team members attain financial greatness by establishing clear objectives and giving them the resources and assistance they need.”

“I foster an atmosphere of trust and collaboration by cultivating strong relationships with clients, stakeholders, and team members. We can more effectively work towards our common objectives when we have strong relationships that promote good communication, teamwork, and support,” says Mayuresh.

 

Sankar Bharadwaj, the CFO, Fertis

“My leadership style entails questioning the status quo and looking creative approaches to improve financial systems and procedures. Going beyond the conventional job of a bean counter and becoming a business partner and challenger inside the executive committees is, in my opinion, essential for a CFO. Even while it might not always be simple, it is a crucial component of the modern CFO's job.”

“I think a key component of my leadership approach is honest and open communication. I communicate changes and share information frequently to keep my staff informed and on the same page. Team members receive constructive criticism to aid in their professional development. I create an atmosphere where team members are at ease asking for feedback, exchanging ideas, and working well together. I also stress the significance of keeping the organization's long-term success in mind and looking beyond daily responsibilities. The team strongly encourages ethical behavior and decision-making, making sure that everyone abides by moral standards when handling their financial obligations. I work to guide my team toward ongoing development and the accomplishment of our company objectives by adhering to these policies and procedures.”

Saurabh Atrey, CFO, Creditas Solutions 

“An investment's profitability must be carefully evaluated in light of several considerations. Is it an operating or capital expense? Will there be immediate or long-term advantages? Is it consistent with the company plan? It's critical to weigh the benefits and hazards. Will capacity building or expansion result in higher revenue and profitability? Can automation or process improvement increase productivity and efficiency while cutting costs? Making well-informed decisions requires evaluating these factors. Organizations can evaluate the profitability of an investment and make strategic decisions that lead to financial success by examining its nature, duration, alignment, risks, revenue potential, and efficiency gains.”

“To accomplish these objectives, leaders must place a high priority on putting in place efficient procedures, adopting cutting-edge technologies, and cultivating a positive, competitive workplace culture built on ownership and trust. By doing this, businesses can take advantage of chances for long-term success and growth in addition to thriving in a constantly shifting environment.”

Shyam Bhattbhatt, CFO, Rite Water Solutions

“I take several things into account when assessing an investment's profitability. I evaluate the earning potential, scalability, and sustainability first and foremost. I also examine how the investment affects society, paying particular attention to environmental, social, and governance (ESG) factors. To maintain sustainability and long-term relevance, profitability must be in line with ESG principles. In addition, I think about whether the investment would enhance the quality of life for those who will benefit from it, lessen socioeconomic disparities, and advance social justice.”

“A leader's approach should change depending on the circumstances. I employ both authoritative and participatory leadership philosophies. I encourage team members to participate and work together when time permits. However, individual decision-making becomes crucial in instances where time is of the essence. Regardless of the strategy, I am always conscious that I am ultimately accountable for my failures. Having a clear vision, being realistic and equitable, setting an example, helping out less capable team members, creating a feeling of community, and teaching a strong set of values are all part of my leadership criteria. I want to emphasize that one should be equitable, never stop learning and developing, strive for greatness, accept change, and be adaptable without sacrificing morals.”