What are the top 3 skills a CFO of a startup needs?

The top 3 skills for CFO of a startup is social links in the fraternity, understanding valuation and fund raising and expert tax knowledge to steer the start up to growth. The CFO for startup need to have a different skillset as compared to the CFO for large MNC's. He should also have excellent written and verbal communications skills.

The role of a Chief Financial Officer (CFO) in a Startup is even more critical than a regular corporate.  The Financial strength of a Startup is generally low compared a steady state company. So, CFO of a Startup is required to manage the financial health and strategy of the company much more closely.  The top three skills requirements of a Startup CFO are Financial Strategy & Planning, Fund Raising & Capital Management and Risk Management and Financial Controls.

In addition to these top three skills, communication, leadership, and flexibility are also important traits of a CFO in a startup. They must be able to effectively communicate financial information to non-finance team members, provide financial insights to support decision-making, and be flexible to the changing needs and priorities of a dynamic startup.

The CFO of a startup must be financially knowledgeable. They must know how to attract investors and draw up budgets without compromising on the aspects and benifits of the startup. They must know how to mange finances and decide financial breathing room for the startup.