The Diary of a CFO

In this solo episode of The Diary of a CFO, I sit down halfway through the year to reflect on what I’ve learned during my first two years in the CFO seat, as well as the lessons I’ve gathered from speaking with more than 40 CFOs on this podcast. I talk about the difference between strategic thinking and strategic leadership, and why most companies test for the first when the second is what ultimately keeps you in the seat. I also explore why your relationship with your CEO and board can be the single most important factor in whether you succeed or get pushed out, including a real story from a CFO whose CEO asked her to stop attending board meetings after she shared information he didn’t want disclosed. We get into why working with a founder CEO is completely different from working with a hired CEO, what that means for navigating the role, and how mid-market CFOs operate at different altitudes in the same day, from talking to funders to reviewing accounting entries. I also unpack what I mean by “strategic influence” and why it has to permeate everything you do and say as an executive, right down to the words you choose. And finally, I reflect on why alignment with your boss, your company, your family, and your health has become the one word that defines everything I’ve learned so far. This is not just for CFOs. If you’re in any senior leadership seat, this episode is for you.

Most ERP implementations do not fail because of the technology. They fail because of what happens before the system is even turned on. In this episode, I sit down with Sharon Barboza, Manager of Digital Services at Citrin Cooperman Advisors. Sharon is a licensed CPA who has worked on every side of finance, from public accounting to controller to senior NetSuite consultant. She has seen hundreds of growing businesses go through system implementations and knows exactly where they break. We break down the five most common reasons ERP implementations fail. Why accounting is always the last department brought into the conversation and what that costs in redesign and delays. The client who mentioned a Bulgarian subsidiary one week before go-live that nobody knew about. Why accountants resist leaving Excel and how to show them the value without making them feel replaceable. The 78-tab forecasting spreadsheet that took days to update and why that was the wake-up call. How to build a roadmap that plans for where the business is going, not just where it is now. What to look for in your chart of accounts before you realize you needed it. How one client went from a failed implementation with another partner to a successful launch by rebuilding trust from scratch. And how embedded banking tools like Fispan eliminated the constant cycle of broken bank feeds and manual file transfers. Whether you are a finance leader about to start an ERP implementation, in the middle of one that feels like it is going sideways, or still trying to decide if it is time to leave Excel, this episode covers the full picture. This episode is brought to you by FISPAN. Learn more at fispan.com.

She spent 19 years at Southwire. She started in treasury, moved through business unit finance, became Chief Accounting Officer, and then made a move nobody saw coming. She left finance to run supply chain at a $9 billion company that provides cable for and electrical transmission throughout the US. In this episode, I sit down in person with Christy Wright, Executive Vice President of Supply Chain at Southwire. Christy also recently served as Interim CFO while continuing her supply chain role. We talk about what made her leave finance after checking every experience box. Why she says curiosity and a connection to the supply chain team years earlier planted the seed. What surprised her about the operations side, including having to learn the periodic table to understand the materials her team works with every day. How her finance background gives her a different lens in supply chain, from her focus on scrap and recyclability to her appreciation for lean and continuous improvement. What it felt like stepping into the Interim CFO seat while running supply chain and why prioritization and sleep became non-negotiable. Why she says people leadership is the hardest and most continuous work of her career. Her advice for controllers and CAOs who want to become CFOs, including why a lateral move might be the most important one you make. And the 12 for Life program at Southwire that brings at-risk youth into manufacturing to earn a paycheck, learn skills, and finish high school. Whether you are a finance leader thinking about stepping into operations, already in the CFO seat trying to understand the business better, or building your career at one company and wondering if that is enough, this conversation covers it. This episode is brought to you by FISPAN. Learn more at fispan.com.

She spent her entire career in accounting and finance. Public accounting, FP&A, financial reporting, corporate accounting. Then she made a move nobody expected. She went into operations. And when she came back to finance as a CFO, everything was different. In this episode, I sit down in person with Donna Cohen, Chief Financial Officer at CarMax Auto Finance. Donna has been at CarMax for almost 14 years and is a board-ready qualified financial expert with deep expertise in M&A, spinoffs, restructurings, and automation initiatives. We talk about what operations taught her that finance never could and why she recommends every finance leader try it. How she uses a different part of her brain now that she has seen both sides. The PE experience in the hotel industry that broke her faith in corporate America, including the downsizing, the restructuring, and the day she negotiated her exit and called it her "liberation day." How she ended up at CarMax after thinking she was done with corporate forever. Her strategy for making change stick inside a large organization, including finding champions, planting seeds, and being comfortable with not getting credit. How she introduces AI to teams that have never even used ChatGPT at home. The mentor who gave her an engagement to run after just one year and wrote her a letter about growth over perfection that changed how she leads to this day. The breaking point where she realized she was giving everything to work, her kids, and her husband with nothing left for herself. And why she says she never even knew she was capable of being a CFO. This episode is brought to you by FISPAN. Learn more at fispan.com.

Most finance leaders think about making the jump to a private equity backed company at some point. Very few know what they are actually walking into. In this episode, I sit down with Chris Voudouris, a 3x PE CFO who has been on every side of the table. He started at KPMG in audit, moved into transaction services analyzing deals on both the buy side and sell side, then made the leap into private equity. He has led finance at multiple PE-backed companies across different industries and moved his family to Atlanta for his first CFO role knowing nobody in the city. We talk about what nobody tells you before you take a CFO role at a PE-backed company. The three lenses he uses to evaluate any opportunity before saying yes: the investment, the business, and the people. What documents you should be asking for before you accept the role, from the confidential information memorandum to the quality of earnings report. How he builds trust with his CEO and why he says the foxhole relationship is everything. The budget error that wiped out 15% of projected EBITDA growth he had just presented to the board and what happened when he told his CEO immediately. Why he lives by the rule that relationship always trumps the issue. How to be the chief interpreter of your organization as a CFO. The difference between stress that motivates and distress that destroys. And his honest advice for anyone in public accounting thinking about crossing over into PE. Whether you are considering a move into private equity, already in a PE-backed role trying to navigate the pressure, or a first-time CFO figuring out how to evaluate your next opportunity, this conversation is the playbook.