What is the Difference between Tasks of Senior Accountant , Chief Accountant , CFO ??

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The senior accountant needs to prepare SEC reports; prepare variance analysis at management's request; assist in researching, preparing, and monitoring long and short-term agreements. This position in senior accounting will also insure compliance with company's internal control policies regarding purchase orders, check requests, and employee advances; verify expenditure requests against budget. A senior accountant requires a Bachelor's degree in accounting or finance. Work experience in the accounting or financial field ranges from 3-5 years, depending upon the individual firm. This position requires strong computer skills using a variety of software programs. The Senior Accountant usually reports to the Accounting Manager or the Controller.

A CFO (Chief Financial Officer) is defined as a corporate officer who is ultimately responsible for the financial risks of a company. In general, the CFO has the following responsibilities and duties financial planning, and oversees finances, budget, and taxation departments. The actual job description including responsibilities and qualifications are dependent upon the entity's size and reporting function. The position is typically a member of the Board of Directors. CFO's are expected to have Big 4 experience, an advanced degree (MBA), and a professional designation such as CPA. CFO positions are located in both the public sector (governmental offices) and private sector.