Three Crucial Steps to Find a CFO You Can Trust

find a cfo for your small businessIf you want to find a CFO for your company, you probably realize the importance of this decision for your firm’s financial health as well as the ultimate success of the organization. Finding a CFO that you can trust to handle privileged information and make sound financial decisions may be one of the most crucial strategies in taking your business to the top.

To find a CFO that is right for you and your organization, it will take some time and effort, but there is no doubt that your diligence will pay off by finding a professional that can be counted on. Consider these three important steps and you’ll be well on your way to hiring the right CFO for the job.

What do you want in a CFO?

Your first step in locating a CFO is to determine the critical roles you’d like this person to be responsible for. A CFO may be able to help develop and execute financial strategies, implement business plans, create contingency plans during a soft market, provide financial insight, review accounting and finance procedures and recommend changes, review accounting books as well as records and reports, developing new financial reporting methods or review current methods are just a few of the responsibilities to consider.

Once you have an idea of what this professional will do for your firm, you can begin to find a CFO that will be able to meet those needs.

Referrals

The best CFOs are typically found through referrals from others within the same, or a similar industry, but it can be difficult to locate a CFO with the expertise you need who is also seeking a new position. With GoodAccountants.com employing over fifty, full-time professional business consultants who excel at locating those hard to find financial experts, this free service is one of the best ways to secure a CFO who can be trusted to help you and your firm reach its goals.

In person meetings and reference checks

Holding an in-depth meeting with each potential CFO candidate who help you narrow down your choices and compare expertise and qualifications. Asking plenty of questions to determine both a professional and personal fit is imperative.

Thoroughly checking references to find out about past performance and determine possible future performance is also a crucial step to find a CFO who will do the best job for you. Fortunately, GoodAccountants.com is able to take these consuming tasks out of your hands at no cost or obligation and find the most qualified financial expert to meet your needs.

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