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Chief Financial Officers

Employment Prospects

Employers

Many chief financial officers (CFOs) are employed by corporations and other businesses, but others work for government agencies and nonprofit organizations. Opportunities are available throughout the country, but are best in large cities and metropolitan areas.

Starting Out

You will need to obtain at least five, but more often 10 or more, years of experience in lower level positions such as financial analyst, chief accountant, treasurer, or controller to become qualified for the position of CFO. To learn about job openings, use the resources of your college’s career services office, network at job fairs and on social media, and visit the job boards of the following professional associations:

  • American Accounting Association: https://careercenter.aaahq.org
  • Association for Financial Professionals: https://www.afponline.org/afp-career-hub
  • Institute of Management Accountants: https://www.imanet.org/career-resources
  • Association of Government Accountants: https://www.agacgfm.org/Job-Board.aspx

Many CFOs begin their careers as general accountants. The Students section (https://www.aicpa-cima.com/membership/landing/students) of the Association of International Certified Professional Accountants' Web site is a good place for aspiring accountants to visit. It offers detailed information on accounting careers, hiring trends, job search strategies, resumes and cover letters, and job interviews. The section also lists internship opportunities for students.

Those interested in positions with federal agencies should visit the U.S. Office of Personnel Management's website, https://www.usajobs.gov.

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