This video is an interview with Sanjay Sah, the Group CFO of Goan Group, a large conglomerate in Nepal. The interview discusses his career journey, the role of a CFO, and the challenges and opportunities in the accounting profession.
Important points:
- Early career: Sanjay started his career in India after completing his chartered accountancy qualification. He worked in various industries, including power, IT, and real estate.
- Transition to CFO: He gained experience in different roles within finance departments, including individual contributor, supervisor, and manager. This experience helped him develop the necessary skills and knowledge to become a CFO.
- Role of a CFO: A CFO is responsible for the financial health of an organization. This includes financial planning, budgeting, forecasting, and reporting. A CFO also plays a strategic role in the organization, providing financial advice and guidance to the management team.
- Challenges and opportunities in the accounting profession: The accounting profession is constantly evolving, and accountants need to adapt to new technologies and regulations. However, this also presents opportunities for accountants to add value to their organizations.
- Advice for aspiring CFOs:
- Gain experience in different roles within the finance function.
- Develop strong technical and soft skills.
- Stay up-to-date with the latest trends in accounting and finance.
- Build strong relationships with colleagues and stakeholders.
- Be open to learning and continuous improvement.