The seventh edition of the competition for CFO of the Year 2022, organized by EY Bulgaria in partnership with Capital, has started. As per usual, the competition will honor those financial leaders in Bulgaria who work for the successful development of their teams and companies and contribute to the establishment of good professional practices in the community of financial specialists.

“In the last few challenging and unpredictable years for businesses, the stability and sustainable development of companies largely depend on the professionalism of their CFOs. At this point, more than ever, good professional practices must be encouraged and appreciated. This year, EY marks 30 years of presence on the Bulgarian market and based on our many years of experience and our many clients, I can point out that there are extremely strong professionals in our country, whose expertise is at the world level. We are proud that since the creation of the competition in 2014, it has been recognized as a certificate of professionalism and a high standard of work, and with each passing year the number of participants increases” claims Nikolay Garnev, CESA South Cluster Leader.

How to apply? 

CFOs can submit their application themselves, be nominated by their colleagues or by the management bodies of the respective company. Nominations will be accepted from August 15 to October 21, when an independent jury will evaluate the applications. The winners will be announced in the month of December during the official ceremony of awarding the winners of the competition.

In 2022, the competition will retain its main categories with a new focus in the "Strategic partner for business development" category for the contribution of CFOs in the creation and implementation of the company's ESG strategy.

Who can participate? 

The competition requires applicants to be CFOs or the equivalent of the position in a public or private organization. Each candidate must have held the relevant position for a minimum of one year. Nomination in the contest must be approved by the company's CEO or a member of the board of directors.

Award Categories:

• Strategy and business partnering
• Finance function transformation
• Team leadership and talent development
• Planning and budgeting
• Control and reporting
• Small and medium enterprises