Host Gemma Milne is joined by Myles Corson and Tony Klimas from Ernst & Young to discuss the role of the CFO, trends they’ve seen in their research regarding finance transformation, improving forecasting in an unpredictable world, new ways to measure innovation, and how to balance the needs of their human workforce with the necessity of creating competitive advantages using smart technologies. 

 

About Myles Corson

Myles is an experienced finance advisor to senior management and board level executives of major Fortune and FTSE companies across multiple industries. He is responsible for client relationship development within Ernst & Young’s Financial Accounting Advisory Services (FAAS) practice in the Americas. He focuses on addressing the impact of regulatory and transformational change on the finance function including accounting and financial reporting and related systems and processes. Myles is host of the Ernst & Young Better Finance Podcast and has served as a member of the steering committee for Ernst & Young’s Global CFO Council and is a contributor to the firm’s DNA of the CFO research. He is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Learn more about Myles Corson:

https://www.ey.com/en_us/people/myles-corson

 

About Tony Klimas

Tony is a partner at Ernst & Young, a member of Ernst & Young’s Advisory Executive team, and former Global Finance Practice Leader. He has more than 20 years of consulting experience across a variety of industries. His areas of expertise include finance strategy, shared services/offshoring, and BPO advisory. He is particularly focused on finance transformation, including adoption of leading technologies such as robotics, SaaS, blockchain, AI, cloud services, human resources, IT shared services, risk management, and financial systems project management. He frequently writes and speaks on the topic of finance transformation.

Learn more about Tony Klimas:

https://www.ey.com/en_gl/people/tony-klimas

 

Topics of discussion

Recent shifts in the CFO role (02:41)Barriers to finance transformation and how can CFOs overcome them (06:12)Trends from recent DNA of the CFO research (07:41)Balancing long-term value goals with short-term performance pressures (19:59)How CFOs can take on more strategic roles within their organizations (32:21)The long-term vision for the CFO role (35:01)

 

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