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How to Become a Chief Financial Officer (CFO) in Australia: careers in Finance

4 Courses

Definition of a Chief Financial Officer (CFO)

A Chief Financial Officer (CFO) holds the most senior finance role in any organisation. The CFO leads financial strategy, oversees capital use, and gives financial insight to the board and executive team.

In practice, CFOs manage financial reporting, legal compliance, risk management, and investor relations. They work closely with the CEO to align financial results with long-term business goals.

At this level, clear communication is as important as technical skill. CFOs must present complex financial analysis to diverse audiences, including non-finance leaders, and defend decisions with evidence.

Reaching the CFO level requires a bachelor degree, a CPA or CA designation, and strong experience in finance leadership. Most employers expect at least 15 years of progressive roles. Many senior CFOs also hold an MBA or a postgrad finance qualification.

About the author

Laura Atkinson is an Account Management and SEM specialist at Course Finder Group with six years' experience in the Australian education sector. She works day to day with universities, TAFEs and independent training providers, which gives her a close view of how courses map to real career outcomes. She writes practical guidance on career pathways, choosing the right qualification and what to expect when moving into a new field.