The CFO'S Perspective

Your Business May Not Need a CFO

Many businesses don’t need a CFO.  Yours may be one of them.

To be clear, pretty much every business needs some form of finance lead, or at least a solid accountant.

But if you are the owner or CEO of a privately held, reasonably successful small to mid-sized business, it’s pretty unlikely you need a CFO.  Certainly not a full-time CFO.

Now, depending on some of the challenges your business is facing, you may have the need or desire for some form of interim, part-time or “fractional” CFO.  But a full-time permanent CFO?  There’s a good chance that just doesn’t make sense.

Why not?  Because in this type of business, the primary responsibilities of the true CFO are either not required or they are handled by the business owner or CEO.

Topics: CFO Hiring Controller

How to Find & Hire Qualified CFO Controller Candidates

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.

Topics: Hiring Planning Controller