Name: Submission Date:: Muhammad Hamza Zahid 22 September 2019

Name: Muhammad Hamza Zahid Submission Date: 22 September 2019
Roll No: 180070 Subject: HR Management
Submitted To: Dr. Mumtaz Class: BSAF-4

STEPS TO BECOME CFO
BSAF & ACCA
Get Experience in
Field work
Apply for CIMA

with field work
Enroll in firm as
financial
accountant &
Planner
Head of Financial
accounting or
Planner
vice-Director of
Finance
CFO (Al-Hayat
Company UAE)
Vision of Life
My vision of life is to become CFO and want to work in UAE or in any country’s well reputed
firm. But I personally prefer a company in UAE Al-Hayat Company or in DESCONE
Engineering, POWER & CHEMICALS company (Dubai) and I also want to open old houses
& NGO’s for orphan children. Here we just talk about vision of life to become CFO briefly
Steps To Become CFO

I am responsible for my own future, and I am ready to make it wonderful. My vision of life is to
become CFO in well reputed firm it might take many years to become a CFO but nothing is
impossible in this world. If we can think to create wonderful future then we can able to achieve it.
We just need to do a little bit more hard work then the previous hard work we did. We need to
train our-self to work more and be quick like an expertise, as we know I have vision to become
CFO in future so according to my research I need to work harder and also need to take these Steps
to become CFO, steps are following:
1. Graduation:
First of all, we need to complete our graduation in the relevant field to become CFO I need to
complete degree of Accounting & Finance and when I will get 9 assumption of ACCA then I
will give 4more major papers and when I will pass these exams then I will go for article-ship of
3year after the completion of article-ship. It might take 3years to become the member of ACCA
after these steps I will apply for membership of ACCA.
2. Get Experience & CIMA

After the clearance of all papers of ACCA and getting degree of graduation in the field of BS
Accounting & Finance, then I will apply in the relevant field for job. I will work in that firm where
I will get job and I will work in that firm for at least 2-3years for getting much experience according
to my relevant field, After getting degree and completing article-ship as a rule to get membership
of ACCA then I will get membership of ACCA, with the job or between article-ship I will also
apply for the assumption of CIMA and when I will get my assumption for CIMA then I will look
for those papers which I need to give exams for assumption , For those paper’s which I need to
give exams I will try my best to try it in my first attempt. After CIMA definitely I will prefer for
better post more than the intern or low-level post.
3. FIRM Enrollment
After getting membership of ACCA and probably CIMA I will apply for job randomly in different
countries in their well reputed companies/firm where firm need Financial Accountant and
Financial Planner. In any firm if I will be selected as a financial accountant then I will be the part
of accounting department at that firm my work might be like to often keeps records
of financial statements, supervises tax payments and maintains accounts. As a Financial
accountant may be, I work extensively with technology to compute, maintain and
classify financial records.
And If I work as a Financial Planner in the firm my work is like to help and guide
the firm to organize their finance and projects in the result of the firm’s saving and
investment. As a financial planner I will also look for how firm will achieve their short-
term and long-term financial objectives. I will also help company to use their investing
more efficiently and effectively. As a Financial planner I will advise them and aware them
about the new trends of financing.
4. Head Of Financial Planner or Accountant

When If I will be permoted as a Head of Financial accountant then my responsibilities will be
increased more than the accountant and I have work like budgeting, managing tax payments
and performing internal auditing and more other work to see the check and balance in the
accounts. As a head of financial accountant, I will be responsible for the day-to-day aspects of
the Firm's accounting and reporting functions.
If I will be the head of Financial Planner I will check the how much financial goals are
achieved if goals are not achieved then where is the error why long-term and short-term goals
will not be achieved as a financial planner I will see where amounts are used more ad where
financing will not be going correct the low level staff will be answerable to me for their
mistakes.
5. Vice Director Of Finance

When I will be the Vice Director of finance as a Finance Director, I will be tasked with overseeing
all financial activities, reporting on revenue, training accounting staff, budgeting, disbursing funds
to departments, managing risk, implementing policies, and improving financial processes. As a
Vice Finance director, I will be the members of a senior executive team with responsibility for
their company's financial health. I will see and manage combine operational and strategic roles,
manage accounting and financial control functions, and establish a financial strategy for the
profitable long-term growth of that firm’s business and I will be the answerable to CFO or Director
of finance.
6. Chief Financial Officer (CFO)

After these hard works and waiting for long time to complete my vision I will achieve my goal
or my vision (INSHA ALLAH) and I will become Director of finance which is also called
chief of financial officer, as a CFO I will be responsible for the strategic direction of the
finance function and sits on the company's senior management team to look for the firm’s
financial condition. As a CFO I will supervise the finance unit and as a CFO, I will be the chief
financial spokesperson for the Finance department in the Firm. My responsibilities will be
increased by much more work including analyzing and reporting on financial performance also
my duty will be training my finance and accounting staff and also reviewing departmental
budgets.

Name: Submission Date:: Muhammad Hamza Zahid 22 September 2019

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Name: Submission Date:: Muhammad Hamza Zahid 22 September 2019

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Name: Muhammad Hamza Zahid Submission Date: 22 September 2019

Roll No: 180070 Subject: HR Management

Submitted To: Dr. Mumtaz Class: BSAF-4

BSAF & ACCA

Apply for CIMA

Steps To Become CFO

2. Get Experience & CIMA

4. Head Of Financial Planner or Accountant

5. Vice Director Of Finance

6. Chief Financial Officer (CFO)

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