The role of a CFO in modern-day start-ups

India is seeing a slew of startups in today's day and age, and even as venture capitalists begin to bet big on these companies, the role of the CFO has grown ever more dynamic in these modern-day organizations. No longer a role for those solely concerned with balance sheets and cost analysis, it's now a multidisciplinary position that demands a diverse set of skills.

Start-up companies demand generalists who can juggle myriad tasks as opposed to specialists, which means the CFO must be ready to wear many hats. However, with most start-ups operating in a sphere that is supremely competitive, risk mitigation is often the focus, and this is where a CFO can come up trumps. By continually analyzing and being vigilant about whether financial norms are upheld, the CFO can play a critical role in steering the ship by adopting fiscal prudence.

Forecasting, planning and analysis are also key at the nascent stage of a company's evolution, and thus keeping an eye on Key Performance Indicator's. Thus, the wide spread of pressure points to monitor means that the CFO is challenging on multiple fronts,making this a critical role in the formative phase of an organization. The CFO fulfilling his role can mean the company will be able to make the right move at the right time or not being able to do so at the right time.

Topics such as these, among others, will be addressed at The Economic Times CFO Summit 2016. The Summit aims to shine a light on the road ahead through discussions, presentations and case studies from game changers of the industry. These sessions will be taken up by industry experts addressing specific steps that need to be taken in order to improve leadership skills, understand the economic outlook, develop strategic plans, manage banking relationships, maximize organizational efficiencies; thus better understand the CFOs' evolving role in a changing world.

Don't miss the chance to be a part of this defining event. Register here today.