The CFO'S Perspective

How Does Your CFO Spend Their Day?

 

Ever wonder why your CFO spends more time in their office than anywhere else? Or maybe you have a CFO who is always out meeting with people outside your business when you are trying to talk with them about an issue? Do you have a Controller who feels ignored by your CFO?  Do you have a CFO who is great at talking about the needs of your business, but can’t seem to answer a detailed question about the financial statements?

In my years as a CPA/auditor, an employee within companies in finance management roles, and as a recruiter focusing on senior finance positions, it is very apparent one can put a CFO in three categories.

Of course, not everyone is a single variety grape wine, most people are a blend, but I have found these three categories quickly summarize the most common types of CFO in the eyes of the CEO and others in an organization. 

The question as a CEO or business owner is, do you have the right type for your organization?

Topics: Recruiting CFO Hiring Staffing

Solutions for Issues and Concerns When Conducting a Confidential Search for a CFO

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.

Topics: Recruiting Search Services CFO HR

How to Hire the Best Office Staff - Recruit with Confidence

The employees in your company's office can make or break the business. They are often on the front line delivering customer service or managing critical information. Hiring highly talented and skilled individuals who will fit well into a company culture can seem almost ‘impossible’. When short staffed or during rapid growth, it may be tempting to hire almost ‘anyone’ as quickly as possible. This is usually a mistake because of the extra costs of carrying ‘dead wood’ on the payroll. The good news is that many office and administrative support occupations often require only a high school diploma with some specialized skills to qualify.

Topics: Recruiting Hiring Staffing HR Leadership

How to Choose Between a Controller and a CFO

Published In: 425 Business Magazine, February 2015
Author: Marjorie Clark

Job titles often are a matter of semantics in a small company. When there’s work to be done and just a few people to do it, a person’s title might not encompass the position’s actual duties. This holds true in finance. Deciding when to bring on someone specifically to handle finances is a difficult choice, and when you do make the hire, what job title do you give them?

Topics: Recruiting News