Kat Jennings- High Value of Corporate Tax Expertise

Over the years, we have been retained by hundreds of CFOs to locate lead tax executives for their tax organizations. We have learned valuable lessons along the way we would like to share with you. As a CFO, you are an Officer of the company with primary responsibility for managing the company’s capital structure, finances, financial reporting and planning, record keeping and mitigating financial risks. The best CFOs in the world understand the importance of the tax organization in mitigating risks. We have observed that CFOs who work closely with their tax executives are working as a team to mitigate risk to the company; and CFOs who have their tax executive reporting to anyone other than a CFO is often missing opportunities to mitigate risk.

With the tax laws ever changing all over the world, it is imperative to have an in-house tax executive who partners with the CFO to mitigate risks. These integral relationships between a CFO and a lead tax executives increase opportunities for companies to outperform competitors. A close relationship between the CFO and in-house tax executives is an important driver for successful organizations all over the world.
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