A CFO is responsible for overseeing the company’s financial activities and operations. CFOs spend their time on revenue strategies, profitability enhancement and cash flow improvements by establishing performance measurements. The CFO is a strategic partner and advisor who keeps the company on track monetarily.  They work with management and owners to improve operations as well as increase revenue and cash flow. Often the CFO is responsible for preparing or overseeing the preparation of income tax and other regulatory reporting forms.