How to Hire A Superstar CFO

If there’s one key member you need on your team, it’s a superstar CFO. Yes, a great CFO can often come at a high cost but it’s an investment that you should make. They can mean the difference between success and failure for your company. A CFO can help you make key business decisions both now and in the long-term as well as helping your company grow faster and smarter. If you are thinking that you need help organizing your businesses finances or are just looking for a change, consider these 3 things when hiring a CFO:

Before you even start looking for a CFO, you need to have a clear understanding of the vision for your company. What direction are you going in? Where do you want to be in the future? When you have a clear vision, it will be easier to find the best CFO that will help you reach your vision. Look for one with a proven track record that has improved a company and has brought growth to their previous companies. It’s vital that the potential candidate’s vision aligns well with your company. Get them on board in the first conversation you have with them. This step will set you up to get the best CFO for your company.

You are obviously aware of the challenges and shortcomings of your company. Maybe you are having trouble organizing cash flow or other finances within your company. After all, these challenges have led you to seek out a CFO. Find one that has encountered similar challenges in their other jobs and ask them they overcame those obstacles. If you can find one that has faced similar challenges, it’s likely that they can help your company overcome its problems. Find one that is a proven problem-solver and can tackle your specific challenges.

Not every CFO will have the exact skills you are looking for. Obviously, they should all have great accounting and leadership experience. However, you may be looking for certain industry experience or experience in companies of a similar size. Nail down exactly what skills you are looking for in a candidate and don’t settle for less. A great CFO, that is the perfect fit for your company, is worth waiting for.

If you are struggling to find the right CFO, please reach out to us. We have a vast executive network and would love to help you find the perfect CFO for your company that can help your company continue to grow.