How to Become a Chief Financial Officer (CFO) Sections Covered What is a CFO ? Role & Responsibilities Top Companies & CFO Scope Country-wise USA - Top 10 Companies (Scope) UAE / Saudi / Qatar - Top Employers Singapore / UK / Canada - Representative Companies Salary Table - Country-wise Benchmark (Approximate Annual Total Cash) 5 Practical Steps to Become a CFO How ACCA, CMA USA, and US CPA Help You Become a CFO Conclusion Schedule a call A Chief Financial Officer (CFO) is the senior-most finance executive responsible for an organisation’s financial strategy, reporting, risk management, capital structure, and investor relations. Becoming a CFO means moving from technical accounting to strategic business leadership. Below is a practical, detailed guide: what a CFO does, top-company scope by country, salary benchmarks, a 5-step roadmap, how professional qualifications (ACCA, CMA USA, US CPA) help, and how NorthStar Academy supports placements.Latest UpdatesACCA Course Eligibility Requirements And More About ACCA QualificationCMA USA Course 2025: Details, Syllabus, Eligibility, and Exam DatesUS CPA Eligibility in India - Step-by-Step GuideAll You Need To Know About Enrolled Agent Study Materials and Exam Prep What is a CFO ? Role & Responsibilities Strategic finance leadership: long-term planning, capital allocation, M&A strategy.Financial reporting & compliance: ensure accurate reporting, liaise with auditors and regulators.Risk & treasury management: liquidity, hedging, debt & working capital strategy.Business partnering: advise CEO/board, drive operational KPIs and performance.Investor relations & fundraising: communicate with investors, lead IPOs/financings.To understand CFO pathways, explore the best finance courses to pursue after 12th commerce. Top Companies & CFO Scope Country-wise India Top 10 Companies (Scope)CompanyCFO Scope (Typical)Reliance IndustriesLarge-cap corporate finance, consolidation, M&A, JV managementTCS (Tata Consultancy)Global reporting, cash repatriation, client-contract financeHDFC BankBank regulatory finance, ALM, capital planningInfosysInvestor relations, tax & transfer pricing, global finance opsICICI BankRisk finance, regulatory reporting, treasuryAdani GroupProject finance, infra financing, consolidationBharti AirtelTelco finance, revenue assurance, capex planningLarsen & ToubroProject accounting, contract costing, EPC financeMahindra & MahindraAuto finance, supply-chain finance, group consolidationTata SteelCommodity risk, working capital, cross-border finance USA - Top 10 Companies (Scope) CompanyCFO ScopeAppleGlobal treasury, investor relations, M&A strategyMicrosoftCloud profitability, corporate finance, tax strategyAmazonFP&A at scale, cost structures, capital allocationJPMorgan ChaseBank finance, regulatory capital, risk-weighted assetsGoogle (Alphabet)Ad/Cloud profitability, strategic investmentsBerkshire HathawayPortfolio & capital deployment, investor reportingExxonMobilCommodity risk, capital projects, regulatory complianceFordAuto finance, restructuring, supply-chain financeWalmartRetail margin engineering, omni-channel financeCoca-ColaBrand finance, channel profitability, global taxesFor global career planning, check CPA vs CFA vs FRM finance course options. Read More :https://northstaracad.com/blogs/best-cpa-job-opportunities-in-india-and-us-jobs-after-cpahttps://northstaracad.com/blogs/us-cpa-course-and-eligibility-in-abu-dhabihttps://northstaracad.com/blogs/cracking-the-cpa-exam-eligibility-and-more-india-edition UAE / Saudi / Qatar - Top Employers CompanyCFO ScopeEmirates GroupAviation finance, fuel hedging, route profitabilityADNOCHydrocarbon revenues, state partnerships, large-cap projectsEmaar PropertiesReal-estate project finance, investor reportingQatar PetroleumNational oil company finance, joint venturesEtihad / Regional BanksTreasury management, deposit & lending oversightDubai HoldingHolding-level capital allocation, diversified portfolioMajid Al FuttaimRetail & mall finance, franchise economicsDP WorldGlobal logistics finance, contract revenue modelsSaudi AramcoCommodity strategy, sovereign partnershipsAl Rajhi BankIslamic finance structures, risk & compliance Singapore / UK / Canada - Representative Companies CountrySample Top FirmsCFO ScopeSingaporeDBS, Singtel, OCBC, TemasekRegional treasury, SEA expansion, regulatory complianceUKHSBC, BP, Unilever, BarclaysGlobal banking, commodities, investor relationsCanadaRBC, TD, Shopify, BarrickResource finance, fintech FP&A, cross-border taxExplore how global CFO roles align with the CFA vs CMA USA comparison. Salary Table - Country-wise Benchmark (Approximate Annual Total Cash) CountryMid-level Finance LeaderDeputy CFO / ControllerCFO (Large Corp)India₹15–35 LPA₹30–60 LPA₹50 LPA – ₹3 Cr+USA$110k–$180k$150k–$300k$300k – $2M+UK£70k–£130k£120k–£250k£200k – £1M+UAE / GulfAED 35k–80k/monthAED 80k–150k/monthAED 200k+/monthSingaporeSGD 90k–180kSGD 150k–300kSGD 300k+CanadaCAD 80k–150kCAD 120k–250kCAD 250k+Salaries vary by company size, sector (banking/resource vs SaaS/tech), and negotiating power. Check how CPA certification impacts salary growth. 5 Practical Steps to Become a CFO 1. Build a Strong Accounting & Finance Foundation Complete CA/ACCA/CPA/CMA and master financial reporting, costing, tax, and treasury. Learn about the CPA syllabus and structure.2. Gain Cross-functional Experience FP&A, controllership, treasury, tax, audit, M&A explore how the CPA USA course after MBA helps mid-career professionals.3. Develop Business Partnering & Leadership Skills Influence strategy and lead teams see how CMA USA vs MBA Finance shapes decision-making skills.4. Deliver Measurable Impact Drive cost savings and M&A integration. Learn from EA vs MBA Finance comparison.5. Network & Position for the Role Board exposure and mentorship matter. Read about top short-term finance courses to accelerate your CFO journey. How ACCA, CMA USA, and US CPA Help You Become a CFO ACCA (UK) Strengths: Global accounting + strategic professional skills, strong in financial reporting and management accounting. Best for: International corporate finance, Big 4, multinationals in UK/EU/EMEA. → Compare ACCA vs MBA in Finance.CMA USA Strengths: Deep focus on management accounting, FP&A, cost management prized in industry/operational roles. Best for: Corporate finance leadership, FP&A head, operational CFO roles. → See AI-powered changes in CMA USA careers.US CPA Strengths: Strong US GAAP, audit, tax knowledge valuable for CFOs in US-listed firms. Best for: Firms with US operations, IPO readiness, investor reporting. → Read about CPA vs CMA course comparison.Combination Approach Many leaders combine qualifications (CA + CMA/CPA) for broader strategic capability. Learn more from finance course comparison guides. NorthStar Academy (NSA) offers:Professional course coaching (ACCA, CMA USA, CPA) with structured roadmaps.Industry-aligned training in FP&A, Excel, Power BI, valuation, IFRS/US GAAP.Mock interviews & resume workshops for finance leadership roles.Placement assistance with MNCs, Big 4, and regional employers.If you aim for a CFO role, NSA helps you map certification → experience → leadership. Explore career options in finance and accounting. Conclusion Becoming a CFO is a multi-year, multi-skill journey: strong technical credentials (ACCA/CMA/CPA/CA) + broad finance experience + strategic leadership. Target roles that offer end-to-end exposure and deliver measurable results.Still confused about which finance course is right for you? Join our exclusive webinar where industry experts will personally guide you through CMA USA, CPA, ACCA, and EA helping you make the smartest career choice. Have questions? Call or WhatsApp us directly at 8147470505 we’re here to help! Best CMA Books and Study Materials for US Exam 2025Trending BlogsCourseLinksACCAACCA vs MBA Which is betterCareer Option after ACCACMA USCMA US Job Opportunities Best CMA booksCPA USCPA Course after Bcom CPA Salary in IndiaEnrolled AgentEnrolled Agent course Job & salaryEnrolled Agent Sample questions Frequently Asked Questions What qualifications are required to become a CFO? Most CFOs hold professional certifications like US CPA, CMA USA, or ACCA, combined with years of strategic finance experience. How long does it take to become a CFO? It usually takes 10–15 years of progressive finance and leadership experience after qualification. Is ACCA or CPA better for becoming a CFO? Both are excellent ACCA suits global finance roles, while CPA USA is ideal for US or multinational corporations. Can a CMA USA-qualified professional become a CFO? Yes, CMA USA professionals often become CFOs in manufacturing, tech, and service companies due to their FP&A and cost-management expertise. How does NorthStar Academy help aspiring CFOs? NorthStar Academy offers ACCA, CMA, and CPA coaching, skill training, and placement assistance to help you build a complete CFO career roadmap.