5 WAYS TO DISCOVER A CHIEF FINANCIAL OFFICER (CFO) FOR YOUR COMPANY

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5 WAYS TO DISCOVER A CHIEF FINANCIAL OFFICER
(CFO)

• FOR YOUR COMPANY

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Introduction
You may have a bookkeeper, accountant, or
financial advisor on your team right now. Each
role is essential for smooth everyday operations
and brings something different. Now, picture a
person at the top who is in charge of your
company's finances and cash flow. This is your
full-time chief financial officer(CFO). More
specifically, a cfo recruitment agencies helps
you stay on top of your finances by keeping an
eye on issues with accounts receivable, pricing
strategies, and financial planning. CFOs also
help you keep track of investment opportunities
that fit your financial strategy. This can
include both traditional investments and things
your business needs to run.
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Here are five things to do beforehand and during
the CFO recruitment process to ensure you hire
the right person.
1. Check your private network.
There are a lot of job boards and hiring networks
(we'll talk more about this in a minute). Still,
you should check with your professional network
first. Look through your social connections and
see if you know anyone who is a CFO or has
experience with money. LinkedIn is an excellent
place to start because it lets you connect with
people you already know and find new people with
professional expertise. Don't be afraid to reach
out to people you've met at professional meet-ups
and other similar events, either online or in
person, to talk about potential CFO contacts they
may know.
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2. Follow news on takeovers.
Set up a Google Alert for your field with terms
like "acquisition" or "company sale" to see if
any local businesses are being bought out. If a
local company buys or sells another, there's a
good chance that the CFO is now looking for a new
job. Once you've found a company that's being
bought or sold, connect with their CFO on
LinkedIn and introduce yourself. Suppose the
person isn't on LinkedIn and feels brave. In that
case, you can even use an email hunting tool to
find their professional email. Once you have
their email, write them a professional but
friendly email introducing your company and
explaining why you want to hire a CFO.
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3. Use an executive recruiter.
Suppose your business connections and Google
Alerts haven't helped. In that scenario, you
might want to hire a CFO headhunter or executive
search firm. This company is good at matching
companies with execs who meet their needs. Most
CFO recruitment charges a portion of a successful
hire's first year's salary. However, this service
can be beneficial when you're having trouble
finding a qualified CFO.
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4. Hire industry-experienced candidates
Experience as a CFO is not the same for everyone.
In other words, just because a CFO did well in
one industry doesn't mean they will do well in
another. Say, for instance, you run a digital
marketing firm. Onboarding a new CFO with a lot
of experience in marketing would probably be a
lot different (and less stressful) than hiring a
CFO who has never worked in your industry before.
So, look for candidates who know your niche and
have experience in that area.
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5. Get a part-time CFO
A freelance, part-time, or remote CFO may sound
unusual, but they can be valuable for small
businesses. Part-time CFOs will still learn about
your organisation but have a smaller role. This
idea is optimal if you have a smaller budget or
merely need a CFO for a business transition,
sale, financial crisis, or stable finances.
Headhunters can help hire a freelance CFO, but
there are fees. Save money by hiring a remote or
part-time financial manager.
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Contact Us
Alliance Recruitment Agency
(1) 9179009072
sales_at_alliancerecruitmentagency.com
www.alliancerecruitmentagency.com
NORTH AMERICA 104 Esplanade ave, 120 Pacific, CA
94044, USA
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Thank You!
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.com