The chief financial officer is a corporate officer primarily
responsible for managing the financial risks of the corporation.
This officer is also responsible for financial planning and
record-keeping, as well as financial reporting to higher
management. In some sectors the chief financial officer is also
responsible for analysis of data. The title is equivalent to
finance director, a common title in the United Kingdom. The chief
financial officer typically reports to the chief executive officer
and to the board of directors, and may additionally sit on the
board