THE C-SUITE JOB TITLES

 CHAIRMAN - responsible for leading the Board and focusing it on strategic matters, overseeing
the Group's business and setting high governance standards.

 CHIEF EXECUTIVE OFFICER (CEO) - They usually report to the board of directors which is run
by a chairperson. The CEO and Chairperson are sometimes the same person.

 PRESIDENT - the highest-ranking position at a small business (one without a CEO) or the #2
position at larger enterprises (usually reporting to the CEO). The president role may also include
responsibility for a business unit or other segment of a company

 CHIEF OPERATION OFFICER (COO) - The Chief Operations Officer runs the day-to-day
operations. The COO usually spends their time running internal business operations (leaving the
CEO or President to be the external face of the company). A COO is usually the second-
highest-ranking executive in a company, reporting to the CEO.

 CHIEF FINANCIAL OFFICER (CFO) - responsible for managing the books and records for a
company as well as financial reporting and statutory compliance.  A CFO ensures business
decisions and organizational strategy are made based on reliable financial criteria.

 CHIEF LEGAL OFFICER (CLO)/ GENERAL COUNCIL - Their primary focus is on corporate
governance, regulations, protecting intellectual property and handling litigation. A General
Counsel often uses outside law firms to support their priorities.

 CIO (Chief Information Officer) - is responsible for Information Technology (IT) strategy to
support an organization’s goals and objectives. A chief information officer usually manages a
team of IT specialists responsible for maintaining the day-to-day IT operations.

 CHIEF HUMAN RESOURCE OFFICER (CHRO) - is responsible for designing overseeing all
human resources functions. A CHRO leads talent acquisition, employer branding, talent
management and, sometimes diversity and culture initiatives.

 CHIEF DIVERSITY OFFICER (CDO) - a leader in an organization who develops, manages, and
supports diversity and inclusion strategies. A chief diversity officer typically leads any diversity
and inclusion initiatives. They may also be responsible for overseeing employees’ complaints
about harassment or discrimination and developing culture change.

 CHIEF TECHNOLOGY OFFICER (CTO) - manages a company’s technology solutions. A CTO

works directly with other executives to implement new technology solutions and solve problems
related to technology within an organization. A CTO is a forwarding thinking executive that sets
goals and decides how technology factors into key business decisions. The CTO often reports
to the CEO in smaller companies or the CIO or COO in larger companies. Sometimes, the CTO
is also the Head of IT.

 CHIEF MARKETING OFFICER (CMO) - is responsible for setting marketing goals and
objectives for an organization. The primary role of a chief marketing officer is to manage
branding, advertising and public relations.

 CHIEF REVENUE OFFICER - holds the responsibility of capitalizing on new revenue

opportunities that are created by digital products and services.
  CHIEF COMPLIANCE OFFICER (CCO) - is responsible for streamlining compliance processes
like policy management, risk assessments, regulatory change management, and case
investigations. The chief compliance officer oversees compliance in an organization and
ensures their company remains in compliance with policies, procedures, and regulatory
requirements.

 CHIEF SECURITYOFFICER (CSO) - the leader of a department that is responsible for

information security and corporate security. A chief security officer is tasked with maintaining the
physical security and safety of a company’s facilities, assets, and employees.

10 DEPARTMENT IN AN ORGANIZATION AND THEIR FUNCTIONS

 ADMINISTRATIVE - The admin department is responsible for managing office tasks and

systems in order to maximize efficiency. This may involve managing databases and
maintaining office equipment.

 HUMAN RESOURCE - is responsible for managing employment-related tasks and issues and

engaging the team. This may involve recruiting and hiring employees, managing benefits, and
addressing any issues or concerns that arise.

 OPERATIONS/ DELIVERY – also called Logistics Department, it manages the day-to-day

activities that are required to produce and distribute a company’s products or services. This
can include managing and coordinating the use of resources such as labor, raw materials, and
equipment, as well as overseeing production and logistics processes.

 PRODUCT/ SERVICES - This department is responsible for developing new and existing

products or services for sale. It is usually headed by a product manager and they may conduct
research and development in order to create innovative offerings that meet the needs of
customers. This department’s role can also include researching customer needs and
preferences, designing and testing new products or features, and overseeing the production
and distribution of the finished product. 

 PURCHASING - The purchasing department in a company is responsible for procuring goods

and services for the organization. This includes identifying potential suppliers, negotiating
prices and terms, and placing orders. 

 SALES -  is tasked to convert prospects into clients or customers. They may conduct market
research, make sales pitches, and negotiate deals in order to grow the customer base of the
organization. This department ensure that the company’s products or services meet the needs
of customers and to develop effective sales strategies.

 MARKETING - The marketing department is responsible for generating leads for the sales
team to convert into clients or customers. This may involve creating marketing campaigns,
conducting market research, and promoting the company’s products or services in various
platforms.

 ACCOUNTING - One of their main responsibilities is recording and maintaining accurate

financial records of the company’s transactions, such as income, expenses, and assets. This
includes preparing financial statements, such as income statements and balance sheets,
which provide a snapshot of the company’s financial performance.
  AUDIT DEPARTMENT - The chief functions of an audit department are to:
 Determine compliance with policies and procedures
 Assess the quality of internal controls
 Evaluate the quality of risk management
 Evaluate compliance with rules and guidelines established by regulatory agencies
(e.g., Securities and Exchange Commission)
 Assess compliance with accounting standards, whether issued by the Financial
Accounting Standards Board or Government Accounting Standards Board or other
 Review the effectiveness and security of information technology systems
 Review the strength of the code of ethics and actions to handle violations
 Provide additional oversight to internal accounting practices that external auditors may
not focus on
 Opine on the quality of work of external auditors
 verify physical assets and inventory
 Investigate employee complaints and alleged fraudulent activities

 FINANCE - is responsible for managing a company’s financial resources, including its

revenue, expenses, and debt. This department also works for tasks such as preparing financial
statements, forecasting cash flow, managing budgets, and developing financial strategies.
They also play a key role in helping the company make important financial decisions, such as
where to invest its resources, how to raise capital, and how to manage risk. 

 INFORMATION TECHNOLOGY (I.T.) - is assigned for managing and maintaining

the company’s computer systems, networks, and software applications. They ensure that the
company’s IT systems are secure and protected from unauthorized access, manage and
maintain the company’s website and online presence, provide technical support to employees,
and many more.

 CASHIER SECTION - responsible for recording and monitoring advance deposits, charges incurred
after the guest has checked in, and any charges that may be received after the guest has checked out.
It also records recipients in the form of cash, checks and credit cards.

 BILLING SECTION - this department of the company is responsible for preparing and
updating customer’s accounts.

Terminologies:
 CHECK VOUCHER - a document recording and filing system used in accounting to record,
monitor and organize check issuances of the business.
 PURCHASE ORDER - a document generated by the buyer and serves the purpose of ordering
goods from the supplier.
 DELIVERY RECEIPT - a document showing that the goods have been received.
 SALES INVOICE – a document that businesses issue to customers and clients to record sales
transactions and request payment. It outlines the goods and services provided, with
transaction dates, confirmation of money owned, taxes payables and others.

 ACCOUNTS RECEIVABLE/PAYABLE
 Manage and maintain all aspects of payroll from scheduling to verification.
 Analyze transaction information to identify refunds, delinquent accounts and insufficient
payments.
  Prepare and disburse invoices to customers.
 Resolve issues with delinquent accounts through contacting and working with the
customer.
 Reconcile transactions with statements.
 Maintain accurate financial record of all receivable transactions, verifications, etc.
 Secure financial data via data backups and security monitoring.
 Offer creative budget, cash flow and other financial solutions as needed.
 Collaborate with the CFO, fellow clerks and other finance department members to
maintain company financial health.
 PAYROLL – responsible for processing payroll, remitting payroll taxes and government
reporting as well as preparing monthly, quarterly and year-end payroll statements.

 INVENTORY – responsible in identifying which and how much stock to order at what time. It
tracks inventory from purchase to the sale of goods.