Finance directors are seeking a greater role in management strategy due to the changing economy, according to a new study.
Research conducted by Big 4 firm Deloitte highlighted that three-quarters of finance directors are planning to redefine their traditional roles by tackling strategic business issues over the next year and a half.
Some 63 per cent added that they will be aiming to act as a "catalyst" within their companies, with key priorities being identified as cost control and providing improved information to the business and working alongside it to take "proactive" decisions based on that data.
Commenting on the results of the survey, Shane Mohan, partner at Deloitte Consulting, said: "It's clear that chief financial officers in today's much more uncertain economic environment are dealing with numerous challenges and they both expect and need to play an increased role in the strategic direction of the business."
Meanwhile, Director of Finance Online has reported that finance directors are now responsible for their firms' green ICT targets under the Greening Government ICT plan.
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