Great CFOs build strong teams – but they know there are some things you simply can’t hand off.

Delegation is a hallmark of good leadership. But too much delegation can leave a CFO disconnected from what really matters.

Here are five things great CFOs always stay close to – no matter how strong their accounts team is:

1. Forecasting and Scenario Planning

The budget may come from your team, but the insight into what might happen needs your judgement. A good CFO doesn’t just sign off on projections – they challenge them, test assumptions, and model what-ifs.

2. Narrative and Strategy

The accounts team can deliver the numbers. But only the CFO can shape the story those numbers tell. Investors, banks, and boards don’t just want reports – they want context, clarity, and confidence.

3. Cash Decisions

Delegating cashflow forecasting is fine. But deciding how to respond to gaps, opportunities, or risks? That’s your call. Whether it’s delaying spend, securing funding, or adjusting credit terms – cash still calls for CFO eyes.

4. External Relationships

You don’t need to write every email, but you should be visible. Auditors, banks, and stakeholders take comfort when the CFO is present, prepared, and proactive – not hidden behind the team.

5. The Final 10%

Whether it’s board packs, investor decks, or strategic models – the last 10% of polish, insight, and direction comes from you. It’s the bit that turns good work into strategic value.

The best CFOs don’t drown in the detail – but they know what not to let go.

Because when it comes to finance leadership, some things can’t be delegated

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