20 Questions

Questions to Ask the CFO

Strategic questions that help you understand the financial health, strategic direction, and leadership philosophy of the organization through the CFO's perspective.

1

What's your biggest financial challenge right now?

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Why this works

Reveals current priorities and pressures while showing you understand the CFO's role in managing financial complexity.

2

How do you measure the financial health of our organization?

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Why this works

Shows your interest in key performance indicators and helps you understand what metrics matter most to leadership.

3

What's your approach to financial risk management?

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Why this works

Reveals their strategic thinking and how they balance growth with financial stability and risk mitigation.

4

How do you communicate financial information to non-financial stakeholders?

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Why this works

Shows their leadership style and ability to make complex financial concepts accessible to different audiences.

5

What's your biggest financial success story here?

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Why this works

Reveals their achievements and what they consider most valuable in terms of financial impact and strategic wins.

6

How do you approach budgeting and financial planning?

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Why this works

Shows their strategic planning process and how they balance short-term needs with long-term financial goals.

7

What's your philosophy on investment and capital allocation?

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Why this works

Reveals their strategic thinking about growth, returns, and how they prioritize different investment opportunities.

8

How do you ensure financial transparency and accountability?

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Why this works

Shows their commitment to ethical financial practices and how they maintain trust with stakeholders.

9

What's your biggest concern about the current economic environment?

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Why this works

Reveals their awareness of external factors and how they're thinking about macroeconomic impacts on the business.

10

How do you balance cost control with growth investment?

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Why this works

Shows their strategic thinking about resource allocation and how they make decisions about spending priorities.

11

What's your approach to financial forecasting and scenario planning?

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Why this works

Reveals their analytical capabilities and how they prepare for different business scenarios and market conditions.

12

How do you work with other departments to achieve financial goals?

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Why this works

Shows their collaboration skills and how they align financial objectives with operational and strategic goals across the organization.

13

What's your biggest financial learning from the past year?

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Why this works

Reveals their ability to reflect and learn from experience, showing their growth mindset and adaptability.

14

How do you approach financial technology and digital transformation?

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Why this works

Shows their awareness of technological trends and how they're thinking about the future of financial operations.

15

What's your philosophy on financial reporting and compliance?

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Why this works

Reveals their commitment to regulatory requirements and how they balance compliance with business efficiency.

16

How do you think about cash flow management and working capital?

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Why this works

Shows their understanding of operational finance and how they ensure the organization has adequate liquidity.

17

What's your approach to financial talent development?

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Why this works

Reveals their leadership philosophy and how they're thinking about building financial capabilities within the organization.

18

How do you balance short-term financial performance with long-term value creation?

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Why this works

Shows their strategic thinking about sustainable growth and how they make decisions that benefit both current and future stakeholders.

19

What's your biggest financial opportunity that we're not fully capitalizing on?

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Why this works

Reveals their strategic vision and how they're thinking about untapped potential for financial improvement and growth.

20

How do you measure the success of your financial leadership?

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Why this works

Shows their self-awareness and how they define success in their role, revealing their priorities and values as a financial leader.

Best Practices for CFO Conversations

Expert tips and techniques for getting the most out of these questions.

Best Practices

Show Genuine Interest in Financial Strategy

CFOs appreciate when you demonstrate understanding of their role in strategic decision-making and financial leadership. Show interest in both the numbers and the strategic thinking behind them.

Ask About Both Challenges and Opportunities

Balance questions about current challenges with questions about future opportunities. This shows you understand the full scope of their responsibilities.

Connect Financial Topics to Business Impact

CFOs think in terms of business impact and value creation. Frame your questions to show you understand how financial decisions affect the broader organization.

Question Sequences

The Strategic Overview Sequence

1
What's your biggest financial challenge right now?
2
How do you measure the financial health of our organization?
3
What's your biggest financial opportunity that we're not fully capitalizing on?

The Leadership Philosophy Sequence

1
What's your approach to financial risk management?
2
How do you balance cost control with growth investment?
3
How do you measure the success of your financial leadership?

Common Pitfalls

Don't Focus Only on Technical Details

While financial knowledge is important, CFOs are strategic leaders. Focus on strategic thinking, leadership philosophy, and business impact rather than just technical accounting details.

Avoid Overly Personal Financial Questions

Keep questions focused on organizational finance and strategy rather than personal financial situations or compensation details.

Don't Ignore the Human Side of Finance

CFOs are people too. Show interest in their leadership style, team development, and how they work with others, not just the numbers.

Conversation Templates

The Strategic Finance Discussion

1
Step 1: Start with: "What's your biggest financial challenge right now?"
2
Step 2: Continue with: "How do you approach financial risk management?"
3
Step 3: Finish with: "What's your biggest financial opportunity that we're not fully capitalizing on?"

The Leadership and Impact Flow

1
Step 1: Begin with: "What's your biggest financial success story here?"
2
Step 2: Follow with: "How do you work with other departments to achieve financial goals?"
3
Step 3: End with: "How do you measure the success of your financial leadership?"

Further Reading

"The CFO's Guide to Strategic Financial Management" by David F. Hawkins
"Financial Intelligence" by Karen Berman and Joe Knight
"The Lean CFO" by Nick Katko

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