Listen "Trust, Change & Turnaround: A CFO's Winning Formula"
Episode Synopsis
Theresa Matacia, CFO of Momentum for Health and winner of FEI Silicon Valley's CFO Women of the Year award, brings over 35 years of diverse financial leadership experience spanning investment banking, public companies, and nonprofits. In her compelling interview, she shares her journey from a 15-year career as an equity analyst to becoming a strategic CFO for the past two decades. Matacia highlights the critical importance of building trust with CEOs and leading change management, illustrated through her successful implementation of NetSuite ERP at Momentum for Health despite initial organizational resistance. She addresses key challenges facing financial leaders, including managing revenue concentration risk (with 90% of funding from a single government source), turning around financially distressed organizations, and the complexities of nonprofit financial management where generating a surplus is essential for sustainability. A particularly valuable insight for aspiring CFOs is her emphasis on comprehensive business understanding beyond finance, including operations, marketing, sales, and HR. Her practical advice for women in finance - "never take no for an answer" - is backed by her own experience fighting "tooth and nail" in male-dominated spaces. The key message: successful CFO leadership requires a combination of strategic vision, change management skills, and the ability to build strong relationships while maintaining unwavering attention to financial fundamentals.
Learn more about Theresa's journey and insights at https://www.linkedin.com/in/tmatacia/
Learn more about Theresa's journey and insights at https://www.linkedin.com/in/tmatacia/
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