The CFO'S Perspective

A changing of the guard in a company's top position is a dramatic change for any business, but getting a new CFO is a close second. As with any executive transition, there may be several reasons for the shift. You may be a small company that has just now decided it's time for a CFO, have an executive who is nearing retirement, or has a legitimate issue that prompts the need for a change.

No one likes uncertainty, so it's best to approach a CFO change with as much caution as possible. There are some telling signs that it's time to launch an executive CFO search, as well as advantages and disadvantages to conducting a confidential search for a CFO. Your company may want to consider an interim position, as well as enlisting the help of a financial consultant during this process.

Whether your business has grown to a size that requires a trusted professional to handle your financials, or it has become apparent that a replacement is necessary for someone in a key position, hiring a qualified CFO or controller can be a challenge.  Your company's CFO or Controller is an essential member of your senior management team.

When you hire a CFO or Controller, where do you start? What should be your primary focus? The answers to these and other questions could be the difference between qualified candidates and warm bodies with resume in hand.

Your CFO has been a part of your organization for many years and is now planning to retire. You have the great fortune to have CFO Selections help you find an outstanding replacement with CFO executive search services or CFO consulting services.