2 ms·
Just not remotely feasible. How many companies have dedicated treasury functions? It’s almost always part of the role/responsibilities of a CFO or VP Finance
by mikeyouse 4y ago
Just not remotely feasible. How many companies have dedicated treasury functions? It’s almost always part of the role/responsibilities of a CFO or VP Finance until much larger than the companies in question here. People have really odd ideas about what corporate finance roles entail.
- prepend 4y agoI worked for a 50 person startup that only had $6M in VC funding. Our comptroller with staff of zero did this. It’s not terribly complicated. I would expect that even the smallest companies have someone responsible for finance. Or they can rent or contract out for it. But if there’s truly no one then that company has a huge mundane risk.