GLOBAL INSIGHTS

CFO & FINANCIAL LEADERSHIP BAROMETER

As priorities return to core value creation, what’s top of mind for GERMAN CFOs & FINANCIAL LEADERS?

To SUCCESSFULLY DEAL with a broader remit, German financial leaders must combine STRATEGIC THINKING with excellent SKILLS IN FINANCIAL MANAGEMENT, communication and change leadership

Today’s German CFO unites in-depth financial expertise with additional capabilities in IT, legal, HR and procurement – DO YOU HAVE THE TALENT YOU NEED?

GERMANY

Process optimisation 71.6% 59.6%

Cost optimisation 59.1% 61.1%

Cash & liquidity management 40.3% 48.2%

ERP implementation 30.7% 23.3%

Mergers & acquisitions 27.3% 21.4%

Financial risk management 21.0% 30.8%

Transfer pricing 15.3% 12.7%

Implementation of new policies 48.9% 50.0%

Software implementation(s) 47.2% 47.0%

Centralisation 36.4% 23.9%

Shared service centers 29.5% 25.5%

Outsourcing 15.9% 13.6%

Insourcing 8.5% 6.4%

Decentralisation 4.0% 7.4%

No significant changes 19.3% 18.8%

The figures on this infographic are based on responses from 176 German financial leaders.

Legal

38.5%Global: 36.5%

Human Resources

44.2%Global: 33.7%

Procurement & Supply chain

28.8%Global: 23.6%

IT

57.7%Global: 41.1%

Administration

51.9%Global: 57.6%

Finance

100%Global: 100%

In the current scope of German CFOs

Changes planned over the next 12 months

Top priorities over the next 12 monthsGlobal:

As their roles become broader and more strategic,

GERMAN FINANCIAL LEADERS are GENERALLY HAPPY in their position

HAPPY65.9%Global: 75.0%

UNHAPPY34.1%Global: 25.0%

Almost 3 out of 4 German companies find it

difficult to hire the right financial talent – ARE YOU

RECRUITING THE TALENT YOUR BUSINESS NEEDS?

NOT EASY72.7%Global: 65.9%

EASY27.3%

Global: 34.1%

Where do German CFOs see themselves in two years’ time?

Once regarded as a stepping-stone to CEO, the CFO role is now A CAREER AMBITION in its own right

Same position with a larger remit

42.3%

Same position

38.5%

Interim manager

Global: 2.7% Global: 1.7%Global: 24.0%Global: 43.1%

1.9%

CEO or Managing Director

1.9%

= ==

Please, note that figures marked in orange or green are significantly below / above the global average.

As their own role diversifies, more than half of German financial leaders are ACTIVELY looking TO RECRUIT

experts to take on core finance functions

Controlling

31.2%Global: 24.9%

Accounting

19.3%Global: 23.0%

Cash management

7.4%Global: 8.5%

Risk management

8.5%Global: 6.3%

Financial planning & analysis

8.5%Global: 19.8%

Global:

German financial leaders are mostly recruiting for…