Books Every Accountant Must Read: Book Eighteen Book: CFO NITI

Books Every Accountant Must Read: Book Eighteen

Book: CFO NITI

Author: Pramod Bagri and Sandeep Kumar

 

So many years have passed, in one of companies, I worked, One Day I was finalizing Payroll for the month, one of my colleagues who also worked in same department, suddenly made a remark, “I get only Rs. X per month as Salary but Mr. XXXXX (Our CFO) gets Rs. 5X (Five Times of my Colleagues Salary). We both have same Years of Experience and Qualification, Then Why such a big gap, What Special Work He Does ?” (Aisa kya khas kaam wo Karte Hain ?).

 

I was busy in work, so did not pay attention at that time, but later his words struck in my mind ? We all are accountants, most with same qualification, same knowledge, then why some are treated like Kings and others like Pawns.

 

During those days working environment used to be very different as no transparency used to exist like now a days, even no social media was in use. All major decisions were taken in closed rooms, No Ordinary Employee could dare to put a question or get direct in the room of Top Managers.

 

Anyway, With Time I got the Answer, What Special Work They Do ?

 

There are many books with practical knowledge available for Founders/Promoters and Newly appointed CEOs, but as concerned to CFOs, most are with Tools and Techniques a CFO needs to use while performing his duties including areas like M&A, Corporate Governance, Due Diligence, Cash Management, Audit, Internal Controls, Taxes, Automations, Budgets, Financial Reports, and Dealing with all Stack Holders including Banks, Investors, Board and Govt.

 

It took many years for me to get the answer to this question, What CFOs Do ? But if today some one asks me same question, my advice would be to Read this Book, I am talking about today, “CFO NITI”. It will take you directly into the world of CFOs and just not limited to Official Duties but their personal struggles and explains their journey they travelled to reach at the top financial position of top Indian Companies. The questions asked by Authors are very relevant and would definitely help all accounting and finance professionals in handling all obstacles they face in their day-to-day professional life, also they will find many new things, they would like to implement in their companies. They will know what habits/qualities they need to develop to reach to top position or to work like a Financial Leader. They will know the areas need urgent attention. They will be in better position to manage their teams and Time. The limit and level of Delegation etc.

 

The CFOs who shared their life journey in the book:

 

1. Mr. Ajay Seth (Maruti Suzuki Limited)
2. Mr. Koushik Chatterjee (Tata Steel)
3. Mr. Raghava Rao (Amazon India)
4. Mr. R Shankar Raman (Larsen & Tourbo Limited)
5. Mr. Srinivas Phatak (Hindustan Unilever Limited)
6. Mr. Sushil Agarwal (Aditya Birla Group)

 

At Last, As Sai said, “A guide is always necessary to show us the right way in small or great matters.” If you can’t find a mentor or Guide to help you or show you the right path, a Good Book is a best Guide. Keep Reading. Keep Growing. Thanks.